What were the key takeaways from Gartner's earnings call?

What is the revenue and EPS growth rate for Gartner year over year?

What factors drove the changes in Gartner's revenue and profit?

What does Gartner do and what are its main business segments?

What is Gartner's latest dividend and current dividend yield?

Did Gartner beat or miss consensus estimates last quarter?

What is Gartner's gross profit margin?

What were the key takeaways from Gartner’s earnings call?

- **Revenue Beat Expectations**: $1.5 billion Q3 revenue (+3% YoY).\n- **AI-Driven Growth**: 6,000+ AI documents and 1,000 use cases fuel demand, with internal AI tools boosting analyst productivity by 31%.\n- **Strong Financials**: EBITDA of $347M (+2% YoY), EPS of $2.76 (+10% YoY), and $269M free cash flow.\n- **Guidance Uptick**: 2025 CV growth of 3% (4% FX-neutral), EBITDA of $1.575B, and EPS of $12.65.\n- **2026 Outlook**: High single-digit CV growth, with double-digit growth resuming by 2027.\n- **Share Buybacks**: $1.1B repurchased in Q3, reducing shares by 6% YoY.\n- **Tariff Impact**: Non-tariff industries outperformed by 200bps, with normalization expected in 2026.\n

**【CEO Summary Section】**
- Q3 financial results exceeded expectations, with contract value (CV) growth of 3% year-over-year (6% excluding U.S. federal government).\n- Enterprise client retention improved, with in-quarter renewal rates rising from Q2 and dollar retention at 46% year-to-date.\n- AI adoption is driving demand for Gartner's insights, with over 6,000 AI-related documents and 1,000 use cases cataloged.\n- Internal AI tools have increased analyst productivity by 31% YoY and reduced publishing time by 75%.\n- Stock buybacks of $1.1 billion reduced shares outstanding by 6% YoY.\n
**【CFO Financial Commentary】**
- Q3 revenue: $1.5 billion (3% YoY as reported, 1% FX-neutral).\n- EBITDA: $347 million (2% YoY growth).\n- Adjusted EPS: $2.76 (10% YoY increase).\n- Free cash flow: $269 million.\n- Updated 2025 guidance: CV growth of 3% (4% FX-neutral), EBITDA of $1.575 billion, and EPS of $12.65.\n- 2026 outlook: CV growth acceleration to high single digits, with a path to double-digit growth by 2027.\n
**【Q&A Key Highlights】**\n- **Contract Renewals**: In-quarter renewal rates improved from Q2, with retention rates up 270bps excluding U.S. federal business.\n- **Tariff Impact**: Non-tariff-affected industries grew 200bps faster than tariff-affected sectors.\n- **Expense Management**: SG&A growth of 7% YoY driven by headcount and merit increases, balanced with automation and lower-cost geographies.\n- **Sales Headcount**: Expect 3-4% slower growth than CV in 2026, aligning with reacceleration plans.\n- **AskGartner**: Fully integrated into client access, boosting engagement and retention without additional cost.\n- **U.S. Federal Business**: $165 million CV remaining, with 85% of contracts renewed YoY.\n- **AI Competition**: Minimal client interest in LLMs as alternatives to Gartner's AI-driven insights.\n

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