Equifax reported third quarter 2026 revenue of $1.693 billion, a 10% increase year-over-year that slightly missed analyst estimates due to a significantly weakened U.S. mortgage market. Adjusted EPS of $2.26 beat projections, supported by AI-driven cost efficiencies. The company lowered its full-year 2026 revenue guidance to a midpoint of $6.661 billion while largely maintaining its adjusted EPS outlook.
Key Highlights
- Reported revenue rose 10% to $1,692.5 million, with 8% growth in Diversified Markets across all business units.
- Workforce Solutions revenue grew 7% to $693.9 million, underperforming the $727.6 million estimate due to flat mortgage-related verification revenue.
- U.S. Information Solutions (USIS) revenue increased 13% to $599.1 million, led by a 28% surge in mortgage-related revenue despite higher interest rates.
- New product Vitality Index reached a record 17%, driven by EFX.AI and proprietary data assets.
- Full-year 2026 revenue guidance was lowered to $6.646–$6.676 billion, reflecting continued mortgage market headwinds through year-end.