Thomson Reuters Reports Second-Quarter 2026 Results
Thomson Reuters (TSX: TRI, Nasdaq: TRI) reported Q2 2026 results for the quarter ended June 30. Total revenues rose 9% and organic revenues rose 8%. Diluted EPS was $1.02 vs $0.69 a year earlier. Adjusted EPS was $0.99. The company raised its 2026 revenue outlook and agreed with KKR to form a JV for Global Print, selling a 51% stake for about $500 million gross proceeds.
How this was made
The 30-second read
Why it matters
The combination of Q2 performance, raised full-year guidance, and a definitive KKR JV with sizable gross proceeds is likely to drive revisions to forward revenue and capital return expectations.
Market read
Traders can update models immediately using the raised 2026 total and Big 3 organic revenue outlook and the disclosed capital return and JV proceeds.
What to watch
EPS growth is partly driven by reduced share count and amortization dynamics; investors may focus on whether adjusted EBITDA margin sustainability holds as software amortization rises.
Background
Thomson Reuters is positioning around fiduciary-grade AI solutions while continuing capital returns and restructuring parts of its Global Print business.
Ticker impact
Thomson Reuters reported Q2 results, raised 2026 revenue outlook, and disclosed a KKR joint venture for Global Print plus major buybacks and note repayment.
Moderately positive bias, with volatility possible as investors weigh Global Print decline versus proceeds and AI investment priorities.
The article contains multiple fresh, decision-relevant disclosures: Q2 financials, raised full-year outlook, a definitive KKR JV agreement with $500m gross proceeds, and ongoing capital return (share consolidation and $600m repurchase).
Market effects
Signals continued demand strength in legal, tax, and audit software and transaction workflows, supporting sentiment for information services and fiduciary-grade AI adoption.
Primarily impacts North American listed information services sentiment, with TSX and Nasdaq cross-ownership attention.
Global Print JV and international segment growth highlight ongoing restructuring and monetization of print-related assets while scaling global professional platforms.
Counterpoint
Global Print revenues declined 3% and organic revenues also reflect that drag, so the raised outlook may depend on continued strength in recurring and transactions revenue.
Key entities
- companyThomson Reuters
Reported Q2 2026 results, raised full-year outlook, and signed a KKR joint venture for Global Print.
- counterpartyKKR
Will advise capital accounts that buy a 51% stake in the Global Print joint venture; Thomson Reuters receives about $500m gross proceeds on closing.
