Equifax Reports 7% Revenue Growth to $1.54 Billion in Q3 2025

Equifax Inc. reported a notable increase in its financial performance for the third quarter and first nine months of 2025, as detailed in its latest 10-Q filing. The company achieved operating revenue of $1.54 billion for the third quarter, marking a 7% increase from $1.44 billion in the same period of 2024. For the nine months ending September 30, 2025, total operating revenue reached $4.52 billion, up 6% from $4.26 billion year-over-year. The net income attributable to Equifax also saw a significant rise, reaching $160.2 million in the third quarter, compared to $141.3 million in the prior year, and $484.5 million for the nine months, up from $430.1 million.

The company's operating expenses increased to $1.28 billion in the third quarter, up from $1.19 billion in 2024, driven primarily by higher costs associated with services and selling, general, and administrative expenses. The increase in operating expenses was partially offset by a decrease in interest expenses, which fell to $52.2 million from $56.3 million in the previous year. The overall operating income for the third quarter was $264.3 million, reflecting a 7% increase from $247.1 million in 2024. The operating margin remained stable at 17.1% for both periods.

Equifax's strategic developments included a significant focus on its Workforce Solutions segment, which reported a 29.5% increase in revenue for the third quarter, primarily due to growth in Verification Services. The U.S. Information Solutions segment also contributed to revenue growth, with an 11% increase driven by strong performance in Online Information Solutions and Financial Marketing Services. Internationally, revenue increased by 20.5%, with notable growth in Europe and Latin America. The company continues to expand its geographic footprint, operating in 20 countries and leveraging its diverse product offerings across various industries.

In terms of operational metrics, Equifax reported cash provided by operating activities of $1.14 billion for the nine months ended September 30, 2025, an increase from $999.7 million in the prior year. The company also executed a share repurchase program, repurchasing approximately 1.72 million shares for $427.4 million during the first nine months of 2025. The quarterly dividend was increased to $0.50 per share, reflecting a commitment to returning value to shareholders.

Looking ahead, Equifax anticipates continued challenges due to economic uncertainty, particularly regarding inflation and interest rates, which may impact consumer spending and demand for its services. The company expects U.S. economic activity to grow at a slower rate in 2025 compared to 2024, with mortgage credit activity projected to decline. Despite these challenges, Equifax remains focused on its strategic initiatives and product innovations to drive future growth.