Equifax Inc
Q2 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: +1.91%.
Did EFX Beat Earnings? Q2 2026 Results
Equifax delivered a solid second quarter of 2026, posting adjusted diluted EPS of $2.25 and revenue of $1.70 billion, up 11% year-over-year, extending the company's streak of beating consensus EPS estimates to four consecutive quarters. The standout driver was a resurgent U.S. mortgage market, with USIS revenue climbing 17% to $611.60 million on the back of 40% Mortgage revenue growth, while Workforce Solutions contributed $705.40 million, up 7%, anchored by strong demand in Talent Solutions and Consumer Lending. A $40.00 million net pre-tax charge tied to a legal settlement weighed on GAAP net income, which slipped 4% to $183.90 million, but adjusted net income rose 8% to $268.60 million, underscoring the underlying momentum. Investors are closely watching the company's announced $750.00 million acquisition of Mexican credit bureau Círculo de Crédito, expected to close in Q4 2026, as a test of its international growth ambitions. Looking ahead, Equifax guided full-year 2026 revenue of $6.71 billion to $6.78 billion with adjusted EPS of $8.39 to $8.69.
- U.S. Mortgage revenue up 25% driven by favorable mortgage market conditions
- USIS Mortgage revenue up 40%
- High double digit revenue growth in Talent Solutions and Consumer Lending
- New product Vitality Index of 16% above 10% long-term target
- USIS Diversified Markets revenue growth accelerated sequentially over 300 basis points to 6%
- Workforce Solutions Government team signed ~$300 million in annual contract value in first half 2026
“Equifax delivered a strong second quarter performance executing on our EFX2028 Strategic Priorities with reported revenue of $1.700 billion, up 11% on a reported basis, with 10% local currency revenue growth enabled by a 16% new product Vitality Index, above our 10% long-term goal, with double digit Vitality across all business units.”
Equifax CEO, on the earnings call
Forward Guidance & Outlook
For Q3 2026, Equifax guided reported revenue of $1.680 billion to $1.710 billion, representing reported revenue growth of 8.7% to 10.7% and local currency growth of 8.4% to 10.4%. Q3 adjusted EPS is expected to be $2.15 to $2.25 per share. For full year 2026, the company guided reported revenue of $6.710 billion to $6.780 billion, representing reported revenue growth of 10.5% to 11.6% and local currency growth of 9.8% to 10.9%. Full year adjusted EPS is expected to be $8.39 to $8.69 per share. The company is doubling its 2026-2028 AI-driven cost reduction target to $150 million. Equifax also expects the Círculo de Crédito acquisition to close in Q4 2026.
EFX YoY Financials
EFX Revenue by Segment
EFX Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.