Equifax posts $1.70B Q2 revenue, 11% growth; adjusted EPS $2.25, signs Círculo de Crédito deal

Equifax reported strong second-quarter 2026 results with reported revenue of $1.700 billion, up 11% year-over-year (10% in local currency), and adjusted diluted EPS of $2.25, up 13% from the prior-year quarter. GAAP net income attributable to Equifax was $183.9 million and diluted EPS was $1.54. The company announced a definitive agreement to acquire Círculo de Crédito and raised its AI-driven cost-reduction target to $150 million for 2026–2028.

Financial Highlights

• Revenue: $1,700.1 million for Q2 2026, up 11% versus Q2 2025 ($1,537.0 million); local currency growth of 10%.
• Operating income: $314.2 million in Q2 2026 (GAAP operating income reported in consolidated statements).
• Net income attributable to Equifax: $183.9 million for Q2 2026 (down 4% from $191.3 million in Q2 2025).
• Diluted EPS (GAAP): $1.54 for Q2 2026 (compared with $1.53 in Q2 2025).
• Adjusted diluted EPS: $2.25 for Q2 2026, up 13% versus $2.00 in Q2 2025; adjusted EBITDA of $552.1 million and adjusted EBITDA margin of 32.5% (flat year-over-year).

Business Highlights

• Segment performance: Workforce Solutions revenue grew 7% to $705.4 million; Verification Services $607.6 million (up 7%); Employer Services $97.8 million (up 3%).
• U.S. Information Solutions (USIS) delivered 17% revenue growth to $611.6 million with Online Information Solutions up 19% and Mortgage revenue rising 40% year-over-year.
• International revenue rose 8% reported (4% in local currency) to $383.1 million, driven by high single-digit growth in Asia Pacific and mid-single-digit growth in Canada; Latin America up 9% reported.
• Product innovation and AI: New product Vitality Index at 16% and company-wide deployment of EFX.AI; AI-driven cost reduction target doubled to $150 million for 2026–2028.
• Strategic actions: Signed definitive agreement to acquire Círculo de Crédito (fastest-growing credit bureau in Mexico) for enterprise value of $750 million; returned $366 million in cash to shareholders during the quarter via share repurchases and dividends.

Original SEC Filing: EQUIFAX INC [ EFX ] - 8-K - Jul. 21, 2026