Equifax (EFX) Q3 2025 Earnings
How Did EFX Stock React to Q3 2025 Earnings?
S&P 500 over the same 30 days: −2.79%.
Did EFX Beat Earnings? Q3 2025 Results
Yes. Equifax reported Q3 2025 earnings of $2.04 a share on Oct 21, 2025, beating the $1.94 consensus estimate by 5.4%. Revenue was $1.5B against a $1.5B estimate.
Equifax delivered a clean beat across the board in Q3 2025, reporting revenue of $1.54 billion, up 7.2% year over year and ahead of the $1.52 billion consensus, while adjusted diluted EPS of $2.04 cleared the $1.94 estimate by 5.39%, supported by a 10% year-over-year gain in per-share earnings. The standout driver was USIS, which posted 11% growth, well above the segment's 6-8% long-term framework, with mortgage revenue alone surging 26% even as U.S. mortgage hard pull inquiry volumes fell 7% year over year. GAAP net income attributable to Equifax reached $160.20 million, up 13% from the prior year. Management lifted full-year 2025 guidance, raising the revenue midpoint by $40 million to a range of $6.03 billion to $6.06 billion and adjusted EPS guidance by $0.12 to $7.55 to $7.65, while free cash flow guidance moved to $950 million to $975 million. Citi maintained a Buy rating on the stock following the results, reflecting broader analyst confidence in Equifax's execution.
- Strong 13% U.S. Mortgage revenue growth despite decline in underlying mortgage market
- Workforce Solutions Government vertical high single digit growth
- USIS Mortgage revenue growth of 26%
- Non-Mortgage Verification Services revenue growth of 7%
- Double digit growth in Consumer Lending businesses
- New Product Innovation with Vitality Index of 16%
- International local currency growth of 7% led by Canada and Latin America
“Equifax delivered strong third quarter revenue of $1.545 billion, up 7% on both a reported and local currency basis, that was $25 million above the midpoint of our July Guidance. This was led by strong 13% U.S. Mortgage revenue growth, strong Workforce Solutions Government vertical results, and continued momentum in New Product Innovation with a Vitality Index of 16% despite headwinds from the U.S. Mortgage and Hiring markets.”
Equifax CEO, on the earnings call
What Was Equifax's Outlook in Q3 2025?
Equifax raised full-year 2025 guidance: reported revenue range of $6.030 billion to $6.060 billion (up $40 million at midpoint) with 6.1% to 6.7% reported growth and 6.5% to 7.1% local currency growth. Full-year adjusted EPS guidance raised to $7.55 to $7.65 (up $0.12 per share). Q4 2025 guidance calls for revenue of $1.506 billion to $1.536 billion with 6.1% to 8.2% reported growth and adjusted EPS of $1.98 to $2.08. Free cash flow guidance increased from $900+ million to $950 million to $975 million. Full-year Vitality Index raised to 13%. U.S. mortgage hard pull credit inquiries expected to be down high single digits in Q4 and full year 2025.
EFX YoY Financials
| Metric | Q3 2025 | Q3 2024 | Year over year |
|---|---|---|---|
| Revenue | $1.5B | $1.4B | +7.1% |
| Operating Income | $264.3M | $247.1M | +7.0% |
| Net Income | $160.2M | $141.3M | +13.4% |
EFX Revenue by Segment
EFX Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.