TransUnion Reports Q3 2026 Earnings Beat, Boosts Dividend & Expands Buyback Program by $1 Billion

TransUnion (NYSE: TRU) Q3 2026 Earnings & Operational Summary

TransUnion reported strong third quarter 2026 financial results, surpassing the upper bound of its previous diluted earnings per share and Adjusted Diluted EPS guidance ranges, while announcing key capital return actions.

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Key Financial Highlights

• Revenue: Total revenue reached $1,312 million, reflecting a 12% increase compared to Q3 2025 (12% on a constant currency basis and 8% on an organic constant currency basis).
• Net Income & GAAP EPS: Net income attributable to TransUnion was $156 million, up 61% from $97 million in Q3 2025. Diluted EPS expanded to $0.81 versus $0.49 in the prior-year period.
• Adjusted Net Income & Adjusted EPS: Adjusted Net Income reached $242 million compared to $216 million in Q3 2025. Adjusted Diluted EPS was $1.25, a 14% increase over $1.10 in Q3 2025.
• Adjusted EBITDA: Adjusted EBITDA rose 9% (10% constant currency, 5% organic constant currency) to $465 million, with an Adjusted EBITDA margin of 35.4%.

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Segment Performance

• U.S. Markets: Revenue rose 7% to $977 million.
  • Financial Services: $485 million (+11% YoY)
  • Emerging Verticals: $351 million (+6% YoY)
  • Consumer Interactive: $140 million (-3% YoY)
  • U.S. Markets Adjusted EBITDA: $353 million (+1% YoY)
• International Segment: Revenue grew 30% reported (10% organic constant currency) to $339 million.
  • Latin America: $99 million (+193% reported, +18% organic constant currency, aided by Trans Union de México consolidation)
  • India: $74 million (+8% reported, +18% organic constant currency)
  • United Kingdom: $75 million (+5% YoY)
  • Canada: $46 million (+5% reported, +7% constant currency)
  • Africa: $22 million (+15% reported, +6% constant currency)
  • International Adjusted EBITDA: $156 million (+39% reported, +20% organic constant currency)

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Capital Allocation & Shareholder Returns

• Share Repurchases: Year-to-date repurchases reached $243 million, with expectations to repurchase up to $500 million in full-year 2026. The Board expanded the repurchase authorization by $1.0 billion, lifting the total program capacity to $2.0 billion.
• Dividend Hike: The Board approved an 8% increase in the quarterly dividend from $0.125 to $0.135 per share, payable November 25, 2026, to shareholders of record as of November 10, 2026.

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FY 2026 Outlook

• Full-Year 2026 Revenue: Projected between $5,131 million and $5,162 million, representing reported growth of 12% to 13% (8% to 9% organic constant currency).
• Full-Year 2026 Net Income: Expected between $823 million and $837 million.
• Q4 2026 Revenue Guidance: Estimated at $1,264 million to $1,294 million (3% to 6% organic constant currency growth).