10-QPeriod: Q1 FY2026

EQUIFAX INC Quarterly Report for Q1 Ended Mar 31, 2026

Filed April 21, 2026For Securities:EFX

Summary

Equifax Inc. (EFX) reported a strong first quarter for 2026, with operating revenue increasing by 14% to $1.65 billion compared to the prior year. This growth was driven by robust performance across all segments, particularly U.S. Information Solutions (USIS), which saw a 21% revenue increase, largely due to its Online Information Solutions business benefiting from mortgage and diversified market growth. The company's net income attributable to Equifax also saw a significant boost, rising 29% to $171.5 million, translating to a diluted EPS of $1.42, up from $1.06 in the same period last year. Operationally, Equifax demonstrated improved profitability with an increased consolidated operating margin of 17.5% from 16.4%. This was achieved despite a rise in operating expenses, which grew 13% driven by higher royalty costs and increased personnel and discretionary expenses. The company also continued its commitment to shareholder returns, significantly increasing its share repurchases to $260 million and raising its quarterly dividend to $0.56 per share. Equifax maintains a solid liquidity position with $0.5 billion available under its revolving credit facility.

Financial Highlights

50 data points
Beta

Revenue

$1.65B

Net Income

$171.50M

10.4% Net Margin

EPS (Diluted)

$1.42

Total Assets

$11.94B

Cash & Equivalents

$183.40M

Free Cash Flow

$241.90M

Financial Statements
Beta
Revenue$1.65B
SG&A Expenses$411.00M
Operating Expenses$1.36B
Operating Income$287.70M
Net Income$171.50M
EPS (Basic)$1.43
EPS (Diluted)$1.42
Shares Outstanding (Basic)120.00M
Shares Outstanding (Diluted)120.80M

Key Highlights

  • 1Operating revenue surged 14% year-over-year to $1.65 billion, driven by strong performance in all reportable segments.
  • 2U.S. Information Solutions (USIS) was a key growth driver, with revenue up 21% due to strength in Online Information Solutions, fueled by mortgage and diversified markets.
  • 3Net income attributable to Equifax increased by 29% to $171.5 million, resulting in diluted EPS of $1.42, a significant improvement from $1.06 in Q1 2025.
  • 4Consolidated operating margin expanded to 17.5% from 16.4% in the prior year, indicating improved operational efficiency.
  • 5Significant increase in share repurchases, with $260 million bought back in the quarter, alongside a dividend increase to $0.56 per share.
  • 6Workforce Solutions demonstrated strong revenue growth of 10%, primarily from Verification Services, while Employer Services saw a slight decline.
  • 7International segment revenue grew 11%, benefiting from favorable foreign exchange rates and broad-based growth across its regions.

Frequently Asked Questions

Equifax's total operating revenue for the first quarter of 2026 was $1,648.9 million, a 14% increase compared to $1,442.0 million in the same period of 2025.

Consolidated net income attributable to Equifax increased by 29% to $171.5 million in the first quarter of 2026, and diluted earnings per share rose to $1.42 from $1.06 in the prior year's first quarter. The consolidated operating margin also improved to 17.5% from 16.4%.

Revenue growth was primarily driven by the U.S. Information Solutions segment, which saw a 21% increase due to strong performance in Online Information Solutions, benefiting from mortgage and diversified markets. The Workforce Solutions segment also contributed with a 10% revenue increase, and the International segment grew by 11%.

Equifax significantly increased its capital returns, repurchasing $260 million of common stock during the quarter and increasing its quarterly cash dividend to $0.56 per share. The company has approximately $1.8 billion available for future share repurchases.