Quarterly ResultMay 5, 2026, 07:13 AM
Thomson Reuters Q1 Revenue +10% to $2.087B; EPS $1.03
AI Summary
Thomson Reuters reported strong first-quarter 2026 results with total revenues up 10% to $2.087 billion and organic revenues growing 8%. Diluted EPS increased 7% to $1.03, and adjusted EPS rose 10% to $1.23. The company also increased its annualized common share dividend by 10% to $2.62, completed a $605 million return of capital, and repurchased $262 million in shares. The full-year 2026 outlook for key financial metrics remains unchanged, except for an increased net interest expense outlook.
Key Highlights
- Total revenue increased 10% to $2.087 billion; organic revenue grew 8%.
- Diluted EPS rose 7% to $1.03; Adjusted EPS increased 10% to $1.23.
- Annualized common share dividend increased 10% to $2.62 per share.
- Completed $605 million return of capital and reduced share count by 6.5 million shares.
- Repurchased $262 million of common shares under a $600 million program.
- The "Big 3" segments (Legal Professionals, Corporates, Tax, Audit & Accounting) organic revenue grew 9%.
- Legal Professionals revenue increased 10% to $756 million (organic 9%).
- Maintained full-year 2026 outlook for organic revenue growth, adjusted EBITDA margin, and free cash flow.