EQUIFAX INC Earnings Summary — Q3 FY2026

• Revenue grew 11% to $1.7 billion, driven by a 17% increase in USIS and 7% in Workforce Solutions.
• The US Information Solutions (USIS) segment saw a strong 25% surge in mortgage revenue despite high rates.
• Management doubled the 2026-2028 AI-driven cost reduction target to $150 million due to accelerating momentum.
• Announced a definitive agreement to acquire Mexico's Círculo de Crédito for $750 million to expand International footprint.
• Returned $366 million to shareholders this quarter via $300 million in buybacks and $66 million in dividends.
• Adjusted Diluted EPS rose 13% YoY to $2.25, reflecting operational leverage and efficient cost management.

For Q3 2026, Equifax expects revenue between $1.68 billion and $1.71 billion (8.7%-10.7% growth) and Adjusted EPS of $2.15 to $2.25. Full-year 2026 revenue is guided to $6.71-$6.78 billion.

Improving

Despite a slight dip in GAAP net income due to legal accruals, the doubling of AI cost targets and strong international M&A activity signal high execution confidence.

The company is pivoting toward its 'EFX2028' strategic priorities, focusing on a cloud-native data structure and 'Agentic AI' to drive higher margins and free cash flow as the mortgage market stabilizes.