Thomson Reuters Reports Strong Q2, Raises Full-Year Outlook, Completes $600M Buyback
TRI sits 31% above its 52-week low of $76.28.
Summary
Thomson Reuters announced strong Q2 2026 results with increased revenue and raised its full-year outlook, while also completing a significant $600 million share repurchase program.
Key Events · Earnings and Guidance · TRI
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Strong Q2 2026 Financial Results
Total revenue increased 9% to $1.95 billion, with organic revenue growth of 8%. Operating profit rose 28% to $558 million, and diluted EPS increased 48% to $1.02.
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Raised Full-Year 2026 Outlook
The company raised its full-year 2026 outlook for total and organic revenue growth to approximately 8.0% and for its "Big 3" segments (Legal Professionals, Corporates, and Tax, Audit & Accounting Professionals) to a range of 9.5%-10.0%.
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Global Print Business Joint Venture
Thomson Reuters confirmed a definitive agreement to sell a 51% stake in its Global Print business to KKR for approximately $500 million in gross proceeds, expected to close in Q4 2026. The Global Print business will be classified as a discontinued operation in Q3 2026.
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Completion of $600M Share Repurchase Program
The company completed its $600 million share repurchase program in July 2026, repurchasing an additional 2.6 million common shares for $238 million at an average price of $92.61 per share.
Analysis · TRI · Manufacturing
Thomson Reuters reported strong second-quarter 2026 financial results, including a 9% increase in total revenue and 8% organic revenue growth. The company also raised its full-year 2026 outlook for total and organic revenue growth to approximately 8.0% and for its "Big 3" segments to 9.5%-10.0%. Additionally, the company completed its $600 million share repurchase program in July 2026, repurchasing an additional 2.6 million common shares for $238 million. This filing provides the full details of these events, some of which were previously announced in summary form.
At the time of this filing, TRI was trading at $100.15 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $43.7B. The 52-week trading range was $76.28 to $206.62. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.