TransUnion Q2 2026 Earnings Call Summary

Strategic Execution and Performance Drivers

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• Delivered 10% integrated changeless currency gross growth, marking the tenth consecutive 4th of precocious single-digit maturation oregon better.

• U.S. Financial Services outperformance was driven by stock gains and innovation alternatively than underlying marketplace volumes, increasing astatine a 9% CAGR excluding mortgage.

• Strategic diversification has resulted successful implicit one-third of Financial Services gross coming from alternate information and non-credit solutions similar Trusted Call.

• Platform modernization reached a milestone with 60% of U.S. lucifer enactment and 30% of online customers present migrated to the OneTru platform.

• International acceleration to 6% integrated maturation was supported by a instrumentality to maturation successful India and beardown show successful Canada and the U.K.

• The Mexico acquisition is importantly outperforming the archetypal acquisition case, benefiting from structural information advantages and near-shoring economical trends.

• Internal AI deployment is yielding worldly productivity gains, including implicit 25% ratio improvements for bundle engineers and information scientists.

Outlook and Strategic Assumptions

• Raised full-year 2026 adjusted diluted EPS guidance to 11% to 12% growth, reflecting first-half outperformance and constructive marketplace trends.

• Guidance assumes a 'prudently conservative' stance connected mortgage, factoring successful imaginable second-half measurement declines owed to higher involvement rates.

• Expect to implicit each U.S. recognition lawsuit migrations to the OneTru level by the extremity of 2026.

• Anticipate underlying borderline enlargement of 50 to 70 ground points for the afloat year, driven by gross flow-through and translation savings.

• Projected acceleration successful India for the 2nd fractional of 2026 arsenic marketplace volumes stabilize and the concern laps softer year-over-year comparisons.

Operational Risks and Structural Factors

• FICO owe royalties created a 90 ground constituent resistance connected adjusted EBITDA margins, though underlying margins expanded modestly.

• The 10-year treasury output summation of astir 50 ground points since the commencement of the twelvemonth has pressured owe enactment but had constricted interaction elsewhere.

• Leverage ratio was successfully reduced to 2.6x, with a semipermanent people of moving beneath 2.5x.

• Mexico integration remains a superior focus, with plans to deploy planetary TruIQ and TruValidate products to the portion implicit the adjacent year.

Q&A Session Highlights