Quarterly ResultAug 6, 2026, 04:46 PM
Thomson Reuters Q2 Revenue +9%; Sells 51% Global Print Stake
AI Summary
Thomson Reuters reported strong second-quarter 2026 results, with revenues increasing 9% to $1,954 million and diluted EPS rising 48% to $1.02. The company also announced a definitive agreement to sell a 51% interest in its Global Print business to KKR for approximately $500 million, expecting the transaction to close in Q4 2026. Following the strong performance, Thomson Reuters raised its 2026 full-year outlook for total and organic revenue growth to approximately 8.0%.
Key Highlights
- Q2 2026 revenues increased 9% to $1,954 million, with organic revenue growth of 8%.
- Operating profit rose 28% to $558 million; diluted EPS increased 48% to $1.02.
- Adjusted EBITDA grew 10% to $745 million, with adjusted EBITDA margin at 38.1% (+30bp).
- Raised 2026 full-year outlook for total and organic revenue growth to approximately 8.0%.
- Signed definitive agreement to sell 51% stake in Global Print business to KKR for ~$500 million gross proceeds.
- Generated $920 million in net cash from operating activities and $727 million in free cash flow.
- Returned $980 million to common shareholders through return of capital, share repurchases, and dividends.
Price Impact
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