Gartner has increased its share repurchase authorization by $500M to $8.6B, after reporting strong Q2 results that beat estimates, with shares up 16.6% today. The move signals the company's confidence in its financial performance and commitment to returning value to shareholders.

Key Highlights

  • Gartner Q2 revenues: $1.676 billion, down 0.6% as reported, but up 2.8% on an adjusted basis
  • Adjusted EPS: $4.37, up 23.8% and beating the $3.87 consensus estimate
  • Gartner Inc. (NYSE: IT) reported strong second-quarter results, beating estimates, with revenues of $1.676 billion, down 0.6% as reported, but up 2.8% on an adjusted basis.

Gartner Q2 Results Beat Estimates

Gartner Inc. (NYSE: IT) reported strong second-quarter results, beating estimates, with revenues of $1.676 billion, down 0.6% as reported, but up 2.8% on an adjusted basis. Adjusted earnings per share (EPS) came in at $4.37, up 23.8% and surpassing the $3.87 consensus estimate. The company's contract value, a key metric, rose 0.3% sequentially and 1.7% year-over-year to $5.3 billion.

Share Buyback Plan Expanded

This move signals Gartner's commitment to returning value to shareholders and its confidence in its financial performance.

Strong Financial Performance

Gartner's financial performance was strong across the board, with operating cash flow up 3.8% to $398 million and free cash flow up 8.9% to $378 million. The company's adjusted EBITDA, excluding divested operations, rose 6.4% to $466 million.

What to Watch Next

Investors will be watching Gartner's next quarterly report, where the company is expected to provide further guidance on its financial performance and share repurchase plans. With the company's strong Q2 results and expanded share buyback plan, investors will be looking for signs of continued momentum in the business.

Peers Moving on This News

  • International Business Machines Corp (IBM) up 1.8%
  • Cognizant Technology Solutions Corp (CTSH) down 1.5%
  • Quantinuum Inc (QNT) up 4.0%

Analysis based on the Form 8-K filed 4 August 2026; figures verified against the filing and live market data.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.