Gartner Raises Full-Year Revenue Guidance Amid Strong AI Demand and Share Buybacks
Gartner (IT) reported strong third-quarter 2026 results, highlighted by an acceleration in contract value growth for the third consecutive quarter. The company raised its full-year revenue guidance to at least $6.405 billion, driven by a total contract value of $5.3 billion as of the end of Q3. Management noted that enterprise demand for artificial intelligence strategy remains a primary driver for client engagement and research subscription growth. Beyond top-line growth, Gartner is executing an aggressive capital allocation strategy, having repurchased $1.7 billion in stock over the last four quarters—a reduction of nearly 15% in share count. The company's internal business transformation initiatives are also improving research delivery speed and client retention, which continues to bolster net contract value increase (NCVI) despite broader macroeconomic uncertainties.
Tickers: $IT
Topics: AI demand contract value earnings report revenue guidance stock buyback
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