Equifax Reports Q3 2026 Earnings: Revenue Up 10% to $1.69B, Trims FY Revenue Outlook

Executive Overview

On October 20, 2026, Equifax Inc. filed a Form 8-K under Item 2.02 (Results of Operations and Financial Condition) announcing financial results for the third quarter ended September 30, 2026.

Key Q3 2026 Financial Highlights

• Consolidated Revenue: $1,692.5 million, an increase of 10% reported and 9% in local currency compared to Q3 2025.
• GAAP Operating Income: $355.3 million, up 34.4% from $264.3 million in Q3 2025.
• GAAP Net Income attributable to Equifax: $211.7 million, up 32% compared to $160.2 million in Q3 2025.
• Diluted EPS: $1.79, up 39% compared to $1.29 in Q3 2025.
• Adjusted EPS: $2.26, an 11% increase compared to Q3 2025.
• Adjusted EBITDA Margin: 33.1%, expanding from 32.7% in Q3 2025.

Segment Performance

• Workforce Solutions: Revenue of $693.9 million (+7% YoY); Operating margin was 44.1% and Adjusted EBITDA margin was 51.4%.
  • Verification Services: $603.2 million (+9% YoY).
  • Employer Services: $90.7 million (-5% YoY).
• USIS (U.S. Information Solutions): Revenue of $599.1 million (+13% YoY); Operating margin was 24.3% and Adjusted EBITDA margin was 35.4%.
  • Online Information Solutions: $529.7 million (+13% YoY).
  • Financial Marketing Services: $69.4 million (+11% YoY).
• International: Revenue of $399.5 million (+9% reported, +7% local currency YoY); Operating margin of 15.8% and Adjusted EBITDA margin of 30.9%.
  • Latin America: $114.1 million (+12% reported, +8% local currency).
  • Europe: $105.5 million (+3% reported, +4% local currency).
  • Asia Pacific: $107.7 million (+20% reported, +12% local currency).
  • Canada: $72.2 million (+2% reported, +4% local currency).

Guidance Update

• Q4 2026:
  • Reported Revenue: $1.605 billion to $1.635 billion (3.5% to 5.4% growth).
  • Adjusted EPS: $2.07 to $2.17 per share.
• Full Year 2026:
  • Reported Revenue: $6.646 billion to $6.676 billion (midpoint reduced to $6.661 billion due to persistent softness in the U.S. mortgage sector).
  • Adjusted EPS: $8.45 to $8.55 per share ($8.50 midpoint, down $0.04 from prior midpoint).

Capital Allocation & M&A

• Returned $158 million in capital to shareholders during Q3 ($92 million via 0.5 million share repurchases, $66 million in dividends).
• Acquisition of Círculo de Crédito remains on track to close in Q4 2026.