Equifax Reports 10% Revenue Growth to $1.69 Billion in Q3 2026

Equifax Inc. reported a significant increase in its financial performance for the third quarter and first nine months of 2026, as detailed in its latest 10-Q filing. The company achieved operating revenue of $1.69 billion for the third quarter, marking a 10% increase from $1.54 billion in the same period of 2025. For the nine months ending September 30, 2026, revenue rose to $5.04 billion, up 11% from $4.52 billion year-over-year. The net income attributable to Equifax also saw a notable rise, reaching $211.7 million for the third quarter, a 32% increase from $160.2 million in 2025, and $567.1 million for the nine-month period, up 17% from $484.5 million.

The company's operating expenses increased to $1.34 billion in the third quarter, up from $1.28 billion in the previous year, primarily driven by higher costs associated with services and selling, general, and administrative expenses. Notably, the cost of services rose by 13% to $752.4 million, attributed to increased royalty and revenue share costs. Despite the rise in expenses, Equifax's operating income improved significantly, reaching $355.3 million for the third quarter, compared to $264.3 million in 2025, reflecting an operating margin increase from 17.1% to 21.0%.

Equifax's strategic developments included a focus on expanding its product offerings and enhancing its technology infrastructure. The company did not complete any acquisitions during the reporting period but announced a definitive agreement to acquire Círculo de Crédito for $750 million, expected to close in the fourth quarter of 2026. This acquisition aligns with Equifax's strategy to enhance its presence in the Latin American market. The company also reported a significant increase in its share repurchase program, having repurchased 3.64 million shares for $652 million in the first nine months of 2026.

Operationally, Equifax reported growth across its segments, with the Workforce Solutions segment generating $693.9 million in revenue, a 7% increase from the previous year, driven by strong performance in Verification Services. The U.S. Information Solutions segment also saw a 13% revenue increase, primarily due to growth in Online Information Solutions. Internationally, revenue rose by 9%, with notable growth in Asia Pacific and Latin America. The company’s employee headcount remained stable, reflecting its focus on optimizing operational efficiency.

Looking ahead, Equifax anticipates continued growth, although it acknowledges potential challenges due to economic uncertainties, including inflation and interest rate fluctuations. The company expects U.S. mortgage originations to decline in 2026 compared to 2025 levels, which may impact its revenue from mortgage-related services. However, Equifax remains optimistic about its diversified markets and ongoing product innovations, positioning itself for sustained growth in the evolving economic landscape.