Key Highlights

  • Revenue rose 12% to USD 1,312 million, or 8% on an organic constant currency basis.
  • Adjusted diluted EPS rose 14% to USD 1.25, and diluted EPS rose to USD 0.81 from USD 0.49.
  • Adjusted EBITDA rose 9% to USD 465 million, with margin of 35.4% compared with 36.3% a year earlier.
  • The board lifted the share repurchase authorization by USD 1 billion to USD 2 billion and raised the quarterly dividend.

Quarter Results

TransUnion (NYSE:TRU) reported third quarter 2026 results on Tuesday. Revenue was USD 1,312 million, up 12% and 8% on an organic constant currency basis. Net income attributable to TransUnion was USD 156 million, compared with USD 97 million, and diluted EPS was USD 0.81 versus USD 0.49. Adjusted net income was USD 242 million versus USD 216 million, and adjusted diluted EPS was USD 1.25 versus USD 1.10, above the high end of guidance for both EPS measures.

Adjusted EBITDA rose to USD 465 million from USD 425 million, up 9% and 5% on an organic constant currency basis. Adjusted EBITDA margin was 35.4% compared with 36.3%.

President and Chief Executive Chris Cartwright said U.S. Markets revenue grew 7%, led by U.S. Financial Services and Insurance, and that International accelerated to 10% organic constant currency growth, including 18% in India.

Segment Results

U.S. Markets revenue was USD 977 million, up 7%. Financial Services rose 11% to USD 485 million, Emerging Verticals rose 6% to USD 351 million, and Consumer Interactive fell 3% to USD 140 million. U.S. Markets adjusted EBITDA rose 1% to USD 353 million.

International revenue rose 30% to USD 339 million, with the acquisition of Trans Union de Mexico lifting Latin America to USD 99 million. India revenue was USD 74 million, up 18% in constant currency. Canada rose 5% to USD 46 million, the United Kingdom rose 5% to USD 75 million and Africa rose 15% to USD 22 million. International adjusted EBITDA rose 39% to USD 156 million.

Cash Flow and Capital Return

Cash was USD 883 million at Sept. 30. For the nine months, operating cash flow was USD 889 million versus USD 668 million, and capital expenditures were USD 201 million versus USD 229 million. Investing outflows of USD 754 million reflected the purchases of Trans Union de Mexico and the mobile division of RealNetworks.

The company repurchased USD 243 million of shares year to date and guided to up to USD 500 million for 2026. On Oct. 26 the board increased the repurchase authorization by USD 1 billion to USD 2 billion and raised the quarterly dividend to USD 0.135 per share from USD 0.125, payable on Nov. 25 to holders of record on Nov. 10.

Guidance

For 2026, revenue is guided to USD 5,131 million to USD 5,162 million, growth of 12% to 13% and 8% to 9% organic constant currency. Diluted EPS is guided to USD 4.26 to USD 4.32, and adjusted diluted EPS to USD 4.81 to USD 4.88, growth of 12% to 13%. Adjusted EBITDA is guided to USD 1,808 million to USD 1,827 million, a margin of 35.2% to 35.4%.

For the fourth quarter, revenue is guided to USD 1,264 million to USD 1,294 million, with organic constant currency growth of 3% to 6%, and adjusted diluted EPS to USD 1.15 to USD 1.22. Management said the guidance balances business momentum against rising interest rates and market uncertainty, and reiterated a goal of a third consecutive year of at least high-single digit organic constant currency growth.

Credit Data Markers to Follow

Tracking points include U.S. Financial Services growth against 11%, Consumer Interactive after the 3% decline, and U.S. Markets adjusted EBITDA growth of 1%. Further items are International growth against 10%, fourth quarter organic growth against the 3% to 6% guide, and repurchases against the USD 500 million target.