Equifax Inc. (EFX) Earnings
Equifax Inc. is expected to report next earnings on July 21, 2026 (in NaN days), with a consensus EPS estimate of $2.25. EFX has beaten EPS estimates in 9 of its last 12 reported quarters (average surprise +5.3% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $1.69 | $1.86 | +10.1% | $1.6B | +2.0% |
| Feb 26, 2026 | $2.04 | $2.09 | +2.5% | $1.6B | -2.6% |
| Oct 21, 2025 | $1.94 | $2.04 | +5.2% | $1.5B | +1.5% |
| Jul 22, 2025 | $1.93 | $2.00 | +3.6% | $1.5B | +1.6% |
| Feb 6, 2025 | $2.12 | $2.12 | +0.0% | $1.4B | -1.4% |
| Oct 16, 2024 | $1.85 | $1.85 | +0.0% | $1.4B | -0.1% |
| Jul 17, 2024 | $1.76 | $1.82 | +3.4% | $1.4B | +0.4% |
| Apr 17, 2024 | $1.44 | $1.50 | +4.2% | $1.4B | -0.8% |
| Feb 7, 2024 | $1.74 | $1.81 | +4.0% | $1.3B | -5.9% |
| Oct 18, 2023 | $1.78 | $1.76 | -1.1% | $1.3B | -0.9% |
| Jul 19, 2023 | $1.67 | $1.71 | +2.4% | $1.3B | -2.6% |
| Apr 19, 2023 | $1.37 | $1.43 | +4.4% | $1.3B | +1.5% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 21, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Mark Vigor discussed that Equifax had very strong first quarter results with revenue outperformance in U.S. mortgage, driven by new products and twin indicator solutions. The team is executing well against EFX 2028 strategic priorities, leveraging EFX.AI-based solutions and cloud-native infrastructure. John Gamble provided details on 2026 and Q2 2026 guidance, including revenue and EPS expectations, and discussed various business segments' performance and initiatives.
Guidance
Equifax is maintaining its 2026 guidance despite uncertainty from the Iran conflict. Reported revenue midpoint was increased by $25 million due to FX. Diversified markets revenue is expected to be up high single digits, U.S. mortgage revenue over 20%. EWS is expected to have revenue growth of high single digits and EBITDA margins flat. USIS and international business unit guidance remains unchanged. Q2 2026 total Equifax revenue is expected to be between $1.680 and $1.710 billion, EPS 215 to 225 per share.
Segment performance
Equifax delivered strong first quarter results with reported revenue of $1.649 billion, up 14% from prior year. On an organic constant currency basis, revenue growth was 13%. Ex-FICO, revenue growth was about 10%. Workforce solutions revenue was up over 10%, Verifier revenue was up a strong 14% with diversified markets revenue growth of 14%. USIS revenue was up a very strong 21% and 8% excluding FICO driven by significant mortgage outperformance. International revenue was up 4% in constant currency. First quarter EBITDA of $477 million was up 13%, with workforce solutions EBITDA margins of 52.3% being very strong, USIS EBITDA margins ex FICO were 37.9% and international EBITDA margins were 25%.
Risks & headwinds
Risks include economic uncertainty from the Iran conflict impacting mortgage and other transactional activity, timing issues in government contract closures and activations, competition in verification services, and potential impacts of AI on manual verification processes.