IT · 10-Q · 2026Q3 · Full report

Interest Rate Environment

GARTNER INC · 2026-11-03 · Importance 13 · Surprise 6

At September 30, 2026, Gartner had no borrowings outstanding under its $1.0 billion revolving facility, which carries a variable rate based on Term SOFR plus a credit spread adjustment or an alternate base rate, plus an applicable margin. The facility’s contractual annualized interest rate was 5.23%, comprising 3.75% SOFR and a 1.48% margin. Net interest expense for the nine months ended September 30, 2026 was $66.955 million, up from $41.493 million in the comparable 2025 period, a 61% increase.

Key facts

• Gartner's weighted average annual effective interest rate on outstanding debt was 4.28% for the three months and 4.31% for the nine months ended September 30, 2026. source
• The contractual annualized interest rate on Gartner's 2024 Credit Agreement was 5.23% as of September 30, 2026, comprising SOFR of 3.75% and a margin of 1.48%. source