Companies /Industrials

Equifax Inc

NYSE: EFX Consulting Services
$171.94
▼ $5.11 (−2.89%) today
Markets open · 1:00pm ET

Q1 2026 Earnings

Reported Apr 21, 2026, 6:32am ET · SEC source
$1.86
Beat +9.73%
EPS · est. $1.70
$1.6B
Beat +1.89%
Revenue · est. $1.6B
−20.7%
Trailing market
EFX vs S&P since report
4 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−6%−3%0Apr 21Apr 22report 6:32am ETearnings−0.2%−6.2%
−6%−3%0Apr 21Apr 22earnings−0.2%−6.2%
EFX −6.2%S&P 500 −0.2%
−6%−3%0Apr 21Apr 22report 6:32am ETearnings+0.5%−6.2%
−6%−3%0Apr 21Apr 22earnings+0.5%−6.2%
EFX −6.2%NASDAQ +0.5%
−15%−10%−5%0Apr 20Apr 28report 6:32am ETearnings+0.0%−13.9%
−15%−10%−5%0Apr 20Apr 28earnings+0.0%−13.9%
EFX −13.9%S&P 500 +0.0%
−15%−10%−5%0Apr 20Apr 28report 6:32am ETearnings+1.3%−13.9%
−15%−10%−5%0Apr 20Apr 28earnings+1.3%−13.9%
EFX −13.9%NASDAQ +1.3%
−3.04%
Day of report
−7.15%
Next session
−10.76%
One week
−15.24%
30 days

S&P 500 over the same 30 days: +5.49%.

Did EFX Beat Earnings? Q1 2026 Results

Equifax delivered a strong first quarter, posting revenue of $1.65 billion, up 14.3% year over year and ahead of the $1.62 billion consensus estimate by 1.89%, while adjusted EPS of $1.86 beat the $1.70 consensus by 9.73%, rising 22% from the year-ago period. The standout driver was an explosive 38% surge in U.S. mortgage revenue within the USIS segment, which itself grew 21% to $605.60 million, pulling the broader business well past its own February guidance midpoint by $37 million. Net income climbed 29% to $171.50 million, and the company returned $327 million to shareholders through buybacks and dividends. Shares edged higher in premarket trading following the announcement. Despite the strong beat, Equifax maintained its full-year local currency revenue growth outlook of approximately 10%, citing interest rate uncertainty tied to the Iran conflict, though it nudged full-year reported revenue guidance up to a range of $6.69 billion to $6.81 billion and raised adjusted EPS guidance by $0.04 to a range of $8.34 to $8.74.

Key Takeaways
  • Very strong U.S. Mortgage revenue growth of 38% driven by higher mortgage activity in January and February before rates increased
  • USIS Mortgage revenue growth of 60%
  • Verification Services Diversified Markets up 14% with strong mid-double-digit Government growth
  • New Product Innovation Vitality Index of 17%
  • EFX Cloud technology transformation and EFX.AI capabilities

“Equifax delivered a very strong first quarter performance executing on our EFX2028 Strategic Priorities with reported revenue of $1.649 billion, up a strong 14%, with 13% local currency revenue growth which was $37 million above the midpoint of our February guidance. The revenue outperformance was principally driven by very strong U.S. Mortgage revenue growth of 38% principally in January and February before rates increased from the Iran conflict, continued solid performance in Diversified Markets up 6% in local currency, and strong New Product Innovation momentum with Vitality Index of 17% - significantly above our long-term goal of 10% - powered by the EFX Cloud, EFX.AI, and our proprietary data.”

Equifax CEO, on the earnings call

Forward Guidance & Outlook

Equifax is maintaining its full-year 2026 local currency revenue growth guidance midpoint of approximately 10%, despite the strong Q1 beat, due to uncertainty around interest rates and U.S. mortgage activity from the Iran conflict. Full-year reported revenue guidance was increased by $25 million to a range of $6.685 billion to $6.805 billion (10.0% to 12.0% reported growth), and full-year adjusted EPS was increased by $0.04 to $8.34 to $8.74 per share, reflecting favorable foreign exchange impacts. For Q2 2026, the company guided reported revenue of $1.680 billion to $1.710 billion (9.3% to 11.3% reported growth, 8.4% to 10.4% local currency growth) and adjusted EPS of $2.15 to $2.25 per share.

EFX YoY Financials

Q1 2026 vs Q1 2025 · SEC filings Q1 2025 Q1 2026
$0$500.0M$1.0B$1.5B$1.4B$1.6BRevenue$235.8M$287.7MOperating Income$133.1M$171.5MNet Income
$0$500.0M$1.0B$1.5BRevenueOperating IncomeNet Income

EFX Revenue by Segment

Workforce Solutions$683.1M+10.0%
U.S. Information Solutions$605.6M+21.0%
Verification Services$571.4M+14.0%
Online Information Solutions$553.7M+24.0%
Employer Services$111.7M−4.0%
Financial Marketing Services$51.9M+0.0%

EFX Revenue by Geography

Latin America$102.7M+9.0%
Europe$94.0M+9.0%
Asia Pacific$92.6M+16.0%
Canada$70.9M+12.0%

Figures from SEC filings and company reports. Not investment advice.