Thomson Reuters records double-digit Q3 revenue growth
Key points
- Thomson Reuters reported third-quarter 2026 revenue of $1.833 billion, up 10% year over year, while operating profit declined 22% to $402 million.
- Diluted earnings fell 17% to $0.78 per share, while adjusted EBITDA increased 10% to $651 million and free cash flow dropped 23%.
- The company completed a $500 million Global Print stake sale and forecast approximately 9.5% revenue growth for 2026, excluding that business.
Thomson Reuters (NASDAQ:TRI) reported third-quarter 2026 revenue of $1.833 billion, up 10% year over year, as operating profit declined 22% to $402 million.
Revenue increased from $1.658 billion a year earlier, while diluted earnings fell 17% to $0.78 per share and free cash flow declined 23% to $408 million.
Adjusted EBITDA rose 10% to $651 million, although its margin narrowed to 35.5%, while the company completed a 51% Global Print stake sale for approximately $500 million.
Thomson Reuters forecast approximately 9.5% revenue growth and a 39% adjusted EBITDA margin for 2026, excluding Global Print, following the October 1 transaction.
The company also raised approximately $2 billion through debt issuance in September and completed its $600 million share repurchase program, announced in February.
Nine-month revenue increased 11% to $5.651 billion, supported by growth across legal, corporate, tax and accounting services, alongside the Reuters news business.
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