Equifax posts record Q1 revenue on U.S. mortgage surge

The effect came successful $37 cardinal supra the midpoint of Equifax's February guidance. Net income attributable to the institution roseate 29% to $171.5 million, portion diluted net per stock climbed to $1.42 from $1.06 a twelvemonth earlier. Adjusted EPS was $1.86, up 22%.

U.S. Information Solutions, which includes recognition information products sold to lenders, posted gross of $605.6 million, a 21% increase. Within that segment, owe gross roseate 60%. Workforce Solutions, which provides employment and income verification services, generated $683.1 cardinal successful revenue, up 10%, portion its Verification Services portion grew 14%. International gross roseate 11% connected a reported ground and 4% successful section currency terms.

Mortgage enactment concentrated successful January and February, earlier involvement rates climbed pursuing the outbreak of the Iran conflict, was credited by CEO Mark Begor arsenic the superior motor down the quarterly outperformance. For the afloat twelvemonth 2026, the institution near its local-currency gross maturation people of astir 10% unchanged astatine the midpoint, pointing to softening U.S. owe request arsenic borrowing costs roseate and to broader uncertainty successful planetary macroeconomic conditions.

The institution is projecting second-quarter reported gross of $1.68 cardinal to $1.71 billion. Full-year reported gross guidance stands astatine $6.685 cardinal to $6.805 billion, an summation of $25 cardinal from the anterior forecast owed to overseas speech effects. Full-year adjusted EPS guidance was raised by $0.04 per stock for the aforesaid reason.

Higher lipid and state prices stemming from Middle East hostilities person introduced caller ostentation risk, Reuters noted, making it harder for the Federal Reserve to proceed with expected cuts to benchmark lending rates.

Equifax returned $327 cardinal to shareholders during the quarter, including $260 cardinal successful stock repurchases covering 1.3 cardinal shares, and $67 cardinal successful dividends. Adjusted EBITDA borderline was 29.0%, down somewhat from 29.3% successful the archetypal 4th of 2025.