IT · 10-Q · 2026Q2 · Full report

FX / Currency Headwinds

GARTNER INC · 2026-08-04 · Importance 45 · Surprise 64

Gartner operates globally and reports revenue across the United States and Canada, Europe, Middle East and Africa, and Other International markets. Foreign currency translation reduced accumulated other comprehensive income by $11.3 million during the six months ended June 30, 2026, compared with a $34.8 million gain in the prior-year period. Foreign exchange effects also reduced cash and cash equivalents by $14.1 million in the first six months of 2026, versus a $48.8 million increase in the prior-year period.

Key facts

• Foreign currency forwards had notional amounts of $89,849 (in thousands) as of June 30, 2026. source
• Foreign currency forwards had notional amounts of $427,482 (in thousands) as of December 31, 2025. source
• Effects of exchange rates on cash and cash equivalents were (14,129), 48,817 and (62,946) (three line items shown in the cash flow section). source
• All of the outstanding foreign currency forward exchange contracts at June 30, 2026 matured before July 31, 2026. source
• Amount recorded in Other expense (income), net for three months ended June 30, 2026 for derivatives was $2,212 (in thousands). source
• At June 30, 2026, all of the Company’s derivative counterparties were investment grade financial institutions. source