IT Q3 2025 Earnings
Reported Nov 4, 2025 at 6:02 AM ET · SEC Source
Q3 25 EPS
$2.76
BEAT +13.73%
Est. $2.43
Q3 25 Revenue
$1.52B
BEAT +0.23%
Est. $1.52B
vs S&P Since Q3 25
-43.0%
TRAILING MARKET
IT -36.2% vs S&P +6.7%
Market Reaction
Did IT Beat Earnings? Q3 2025 Results
Gartner delivered a headline earnings beat in Q3 2025, but the quarter carried a significant asterisk. Adjusted EPS of $2.76 cleared the $2.43 consensus estimate by 13.73%, while revenue of $1.52 billion edged ahead of expectations by 0.23% and grew … Read more Gartner delivered a headline earnings beat in Q3 2025, but the quarter carried a significant asterisk. Adjusted EPS of $2.76 cleared the $2.43 consensus estimate by 13.73%, while revenue of $1.52 billion edged ahead of expectations by 0.23% and grew 2.7% year-over-year, yet a $150 million goodwill impairment charge tied to the struggling Digital Markets unit sent GAAP diluted EPS plummeting 91.2% to just $0.47. The core Research business, now rebranded as Business and Technology Insights, remained the engine of growth, posting 5.1% revenue gains to $1.27 billion with a 76.7% contribution margin, while Conferences and Consulting both slipped. The goodwill write-down and reclassification of Digital Markets into a non-reportable segment underscore mounting pressure from lower-cost, AI-driven competitors reshaping the advisory landscape. On the capital return front, Gartner repurchased a record 4.0 million shares for $1.10 billion in the quarter. Management raised full-year Adjusted EBITDA guidance and expressed confidence that contract value growth will accelerate into 2026, offering investors a constructive forward outlook despite the near-term noise.
Key Takeaways
- • Contract value grew 3.0% YoY FX neutral to $5.0 billion
- • GBS contract value grew 7.1% FX neutral
- • Insights segment revenue grew 5.1% with 76.7% contribution margin
- • Adjusted EPS grew 10.4% YoY to $2.76
IT Forward Guidance & Outlook
Gartner increased its Adjusted EBITDA and margin guidance for the full year 2025. Management expects contract value growth to accelerate in 2026. Additional details regarding the updated 2025 financial outlook are provided in the earnings supplement on the company's Investor Relations website.
IT YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
IT Revenue by Segment
With YoY comparisons, source: SEC Filings
“Third quarter financial results were ahead of expectations. Contract value grew 3%, or 6% excluding the US Federal business. We increased our Adjusted EBITDA and margin guidance for the year and continue to expect CV to accelerate in 2026. Seeing extraordinary value and a unique opportunity, we repurchased more than $1 billion of stock, a Gartner record for a single quarter.”
— Gene Hall, Q3 2025 Earnings Press Release
IT Earnings Trends
IT vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
IT EPS Trend
Earnings per share: estimate vs actual
IT Revenue Trend
Quarterly revenue: estimate vs actual
IT Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 25 BEAT | $2.43 | $2.76 | +13.73% | $1.52B | +0.23% |
| Q2 25 BEAT | $3.31 | $3.53 | +6.80% | $1.69B | +0.74% |
| Q1 25 MISS | $2.72 | $2.71 | -0.23% | $1.53B | -0.05% |
| Q3 24 BEAT | $2.38 | $2.50 | +5.04% | $1.48B | +0.62% |