Equifax Reports 9% Revenue Growth in Q4 2025

By Chris Stiles • Wednesday, February 04 12:03 • Permanent Link

Equifax Delivers Strong Fourth Quarter 2025 Revenue Growth of 9%

Equifax (NYSE: EFX) has reported fourth quarter 2025 revenue of $1.551 billion, representing a 9% increase from the same period in 2024. Despite headwinds from the U.S. hiring and mortgage markets, the company's revenue exceeded the midpoint of its guidance by $30 million.

The U.S. mortgage revenue experienced a robust 20% growth, while the Workforce Solutions revenue saw a 9% increase. Verification services revenue within the Workforce Solutions segment grew by 10%, driven by strong low double-digit government growth and 11% growth in diversified markets. The USIS segment reported a 12% increase in revenue, with notable 33% growth in mortgage revenue and 5% growth in diversified markets revenue.

International revenue also saw growth, with a 7% increase on a reported basis and 5% growth on a local currency basis, led by Latin America. Equifax achieved a record fourth quarter vitality index of 17%, surpassing the 10% long-term goal.

The company returned $561 million of cash to shareholders in the fourth quarter, including the repurchase of 2.3 million shares for $500 million. Equifax's free cash flow for 2025 reached $1.13 billion, marking a nearly 40% increase from the previous period.

For the full year 2025, Equifax reported a 7% increase in revenue to $6.074.5 billion, with diluted EPS attributable to Equifax at $5.32 per share, up from $4.84 per share in 2024.

Workforce Solutions' total revenue for the fourth quarter was $652.2 million, up 9% from the same period in 2024, while USIS reported a total revenue of $526.9 million, reflecting a 12% increase. Additionally, International revenue totaled $371.5 million, a 7% increase from the fourth quarter of 2024.

The adjusted EPS for the fourth quarter of 2025 was $2.09, down 1% from the same period in 2024, and the adjusted EBITDA margin was 32.8%, compared to 35.4% in 2024. For the full year, the adjusted EPS was $7.65, up 5% from the prior year, while the adjusted EBITDA margin was 31.9%, slightly lower than the 32.3% reported in 2024.

Looking ahead, Equifax issued full-year 2026 guidance, with an expectation for revenue of $6.72 billion, up about 10.5% on a reported basis and about 10% on an organic constant currency basis.

The market has reacted to these announcements by moving the company's shares 0.16% to a price of $219.57. For the full picture, make sure to review EQUIFAX INC's 8-K report.

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