TransUnion Reports 7.3% Revenue Growth to $1,095.7 Million in Q1 2025

TransUnion reported a strong financial performance for the first quarter of 2025, with total revenue reaching $1,095.7 million, a 7.3% increase from $1,021.2 million in the same period of 2024. The company's operating income also saw significant growth, rising to $254.4 million from $157.2 million year-over-year. Net income attributable to TransUnion was $148.1 million, compared to $65.1 million in the prior year, resulting in diluted earnings per share of $0.75, up from $0.33.

The company experienced notable changes in its operating expenses, which decreased by 2.6% to $841.4 million, down from $864.1 million in the previous year. This reduction was primarily driven by a $48.8 million decrease in selling, general, and administrative expenses, largely due to a significant reduction in legal and regulatory costs following the dismissal of a lawsuit. Additionally, TransUnion did not incur any restructuring expenses in the first quarter of 2025, compared to $18.2 million in the same quarter of 2024.

Strategically, TransUnion completed the acquisition of the remaining 70% of Monevo Limited for approximately $56 million, enhancing its capabilities in the financial services sector. The company also continued to invest in its transformation plan, which aims to optimize its operating model and technology infrastructure. This plan is expected to yield annual savings of $120 million to $140 million once fully implemented. As of March 31, 2025, TransUnion had approximately 195.1 million shares of common stock outstanding.

Operationally, TransUnion reported growth in both its U.S. Markets and International segments. U.S. Markets revenue increased by 8.6% to $856.6 million, driven by strong performance in the Financial Services vertical, which saw a 14.7% increase. The International segment also grew, with revenue rising 2.5% to $242.2 million, despite foreign currency impacts. The company’s total assets decreased slightly to $10.95 billion from $10.98 billion at the end of 2024, while total liabilities also fell to $6.46 billion from $6.67 billion.

Looking ahead, TransUnion remains optimistic about its growth prospects, citing a favorable macroeconomic environment and ongoing investments in technology and operational efficiency. The company anticipates continued revenue growth driven by its strategic initiatives and market demand for data and analytics solutions. However, it also acknowledges potential risks from macroeconomic conditions, including inflation and interest rate fluctuations, which could impact consumer spending and credit demand.