Thomson Reuters posts 10% Q3 revenue growth, lowers profit, raises full‑year outlook
Thomson Reuters announced that third‑quarter 2026 revenue rose 10% year‑over‑year, matching its organic growth target. Operating profit fell 22% on a reported basis, while adjusted EBITDA increased 10% and adjusted EPS rose to $0.81. The company completed a $600 million share‑repurchase, issued $2.0 billion of notes, and sold a 51% stake in its Global Print business for about $500 million, and it lifted its full‑year revenue guidance to 9.5% growth.
Why it matters
The updated revenue outlook signals higher top‑line expectations for the year, but the profit decline and lower adjusted EBITDA margin may pressure near‑term earnings. Investors will need to weigh the additional capital from the note issuance and the cash from the Global Print sale against the higher AI‑related costs.
Key facts
- 1Total revenues for the quarter were $1,833 million, a 10% increase from the prior year (reported basis). prnewswire.com
- 2Organic revenue grew 10% year‑over‑year (organic basis). prnewswire.com
- 3Operating profit declined 22% to $402 million (reported basis). prnewswire.com
- 4Adjusted EBITDA rose 10% to $651 million (adjusted basis). prnewswire.com
- 5Adjusted EBITDA margin fell 30 basis points to 35.5% (adjusted basis). prnewswire.com
- 6Diluted earnings per share on an IFRS basis fell to $0.78 from $0.94, a 17% decline. prnewswire.com
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.