Equifax Inc

Latest Results (28.08.2026):

Equifax Inc reported results for the second quarter of 2026 with reported revenue of $1.700 billion, up 11% year-over-year (10% in local currency). The company delivered broad-based growth across segments, raised its AI-driven cost reduction target, announced an acquisition in Mexico, returned cash to shareholders, and provided third-quarter and full-year 2026 guidance.

Top-line

Revenue: $1,700.1 million in Q2 2026, +11% reported / +10% local currency versus Q2 2025; new-product Vitality Index +16% (above the 10% long-term goal).

Profitability (GAAP)

Net income attributable to Equifax: $183.9 million, down 4% year-over-year; diluted EPS attributable to Equifax: $1.54, up 1% versus Q2 2025.

Adjusted results

Adjusted diluted EPS: $2.25, +13% year-over-year. Adjusted EBITDA: $552.1 million, up 11%; adjusted EBITDA margin remained 32.5% (flat vs. prior year).

Segment performance

Workforce Solutions: $705.4M, +7% (operating margin 44.9%). USIS (U.S. Information Solutions): $611.6M, +17% with Online Information Solutions +19% and USIS Mortgage revenue +40%. International: $383.1M, +8% reported / +4% local currency (Asia Pacific +17% reported, Canada +6%).

Mortgage strength

U.S. Mortgage revenue grew strongly: management cited +25% for the U.S. mortgage line and 40% growth in USIS Mortgage specifically, despite higher mortgage rates.

AI, cost savings and innovation

Equifax doubled its AI-driven cost-reduction target to $150 million for 2026–2028 and is deploying EFX.AI and cloud capabilities to accelerate product performance and operational productivity.

M&A

Signed definitive agreement to acquire Círculo de Crédito (fastest-growing credit bureau in Mexico) for an enterprise value of $750 million; expected to close in Q4 2026.

Capital return and cash flow

Returned $366 million to shareholders in the quarter (repurchased 1.8 million shares for ~$300M and paid $66M in dividends). Six-months cash provided by operating activities was $581.7M; capital expenditures $255.4M YTD.

Reserves and legal items

Recorded an accrual of $100.0 million (net charge $40.0M after expected insurance proceeds) for a legal settlement related to a disclosed coding issue; other legal and regulatory accruals were minimal in the quarter.

Guidance

Q3 2026 revenue guidance: $1.680B–$1.710B (reported growth ~8.7%–10.7%); Q3 adjusted EPS: $2.15–$2.25. FY 2026 revenue guidance: $6.710B–$6.780B; FY adjusted EPS: $8.39–$8.69.