Equifax Q2 Revenue Climbs 11%, AI Cost-Savings Target Doubles, FY26 Guidance Issued, and Círculo de Crédito Acquired

summarizeSummary

Equifax reported Q2 2026 revenue of $1.70 billion (up 11%), raised its AI cost-savings goal to $150 million, guided full-year revenue to $6.71–$6.78 billion, and announced a $750 million acquisition of Círculo de Crédito. A $100 million legal settlement charge partially offset strong operational results.

check_boxKey Events · Earnings and Guidance · EFX

• Q2 Revenue +11%, Adjusted EPS +13%

  Revenue reached $1.700 billion, with 10% local currency growth. Adjusted EPS of $2.25 beat expectations, driven by strong USIS (up 17%) and Workforce Solutions (up 7%).

• FY26 Guidance: Revenue $6.71–$6.78B, Adj. EPS $8.39–$8.69

  Full-year revenue growth guidance of 10.5–11.6% reported, with adjusted EPS of $8.39–$8.69, bracketing consensus estimates.

• AI Cost Reduction Target Doubled to $150M

  Equifax doubled its 2026–2028 AI-driven cost reduction target to $150 million, reflecting accelerating deployment of EFX.AI across operations.

• $750M Acquisition of Círculo de Crédito

  Signed definitive agreement to acquire Mexico's fastest-growing credit bureau for $750 million enterprise value, expected to close in Q4 2026.

auto_awesomeAnalysis · EFX · Trade & Services

A strong second quarter saw Equifax post 11% revenue growth and a 13% rise in adjusted EPS, while the company doubled its AI-driven cost reduction target to $150 million. It also announced the $750 million acquisition of Círculo de Crédito, Mexico's fastest-growing credit bureau, and returned $366 million to shareholders. Full-year guidance brackets consensus, but a $100 million legal settlement accrual (net $40 million after insurance) for a previously-disclosed coding issue tempers the otherwise upbeat report.