Equifax Inc

Latest Results (06.09.2025):

Equifax Inc. reported strong second quarter 2025 financial results, surpassing guidance with revenues reaching $1.537 billion, a 7% increase on a reported basis. The company demonstrated robust growth across its key sectors despite challenging market conditions, and returned approximately $190 million in cash to shareholders.

Revenue Growth

Second quarter 2025 revenues increased by 7% to $1.537 billion, outperforming the midpoint of guidance by $27 million. On a local currency basis, revenue grew by 8%, highlighting strong operational performance despite headwinds in the U.S. Hiring and Mortgage markets.

Mortgage Revenue Surge

U.S. Mortgage revenue saw a significant rise of 14%, driven by a resilient performance in a declining underlying mortgage market. This strong growth underscores Equifax's effective strategies in navigating challenging economic conditions.

Workforce Solutions Performance

Workforce Solutions revenue grew by 8%, supported by a 10% increase in Verification Services. Non-Mortgage revenue also rose by 10%, fueled by double-digit growth in Government and Consumer Lending businesses.

USIS Revenue Expansion

USIS reported a 9% increase in revenue, exceeding their long-term financial framework expectations. Mortgage revenue within USIS surged by 20%, while Non-Mortgage revenue grew by over 4%, driven by strength in the automotive sector.

International Market Growth

International revenues grew by 4% on a reported basis and 6% in local currency, with Latin America and Europe leading the growth in their respective regions. This reflects Equifax's expanding global footprint.

Shareholder Returns

Equifax returned approximately $190 million in cash to shareholders during the second quarter, including $127 million in share repurchases under their new $3 billion share repurchase program. This move aligns with the company's commitment to delivering value to shareholders.

Future Guidance

The company maintained its full-year 2025 constant dollar revenue guidance amid economic and interest rate uncertainties. Additionally, Equifax increased its full-year reported revenue and adjusted EPS forecasts by $35 million and $0.03 per share respectively, accounting for foreign exchange impacts.