Equifax Q2 Revenue Climbs 11% to $1.7B; AI Savings Target Lifted to $150M
EFX is trading near its 52-week low of $150.745 (15% above the low) on elevated volume (3.5× avg).
Summary
Equifax posted Q2 2026 revenue of $1.7 billion, up 11% year-over-year, with adjusted EPS of $2.25. The company raised its AI cost-savings goal to $150 million and repurchased $300 million in shares during the quarter.
Key Events · Earnings and Guidance · EFX
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Revenue Growth Accelerates
Q2 revenue rose 11% to $1.70 billion, with USIS up 17% and Workforce Solutions up 7%, driven by mortgage and diversified markets.
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AI Cost-Savings Target Raised
Equifax increased its AI-driven cost-savings goal to $150 million, up from prior targets, reflecting confidence in technology transformation benefits.
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Legal Settlement Charge
A $100 million accrual for FCRA litigation, net of $60 million insurance recovery, resulted in a $40 million charge, weighing on GAAP net income.
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Aggressive Capital Return
The company repurchased $300 million in shares during Q2 and raised its quarterly dividend to $0.56 per share, with $1.5 billion remaining under the buyback authorization.
Analysis · EFX · Trade & Services
Equifax turned in a solid quarter, with revenue advancing 11% to $1.7 billion on the back of strength in mortgage and diversified markets. Operating margin edged lower, pressured by higher royalty costs and a $40 million net charge tied to a legal settlement, yet the company raised its AI cost-savings target to $150 million—a clear signal of confidence in technology-driven efficiency gains. The period also featured aggressive capital returns: $300 million in share buybacks during Q2 alone, alongside a dividend increase, underscoring management's commitment to shareholders. Looking ahead, the pending $750 million acquisition of Círculo De Crédito adds strategic growth optionality in Latin America.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 29.9% of the 1678 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.25%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, EFX was trading at $173.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $20.6B. The 52-week trading range was $150.75 to $271.84. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.