Equifax reports $1.70B Q2 revenue, pursues Círculo acquisition
Equifax reported strong second-quarter 2026 results, with revenue of $1.700 billion, up about 11% year over year, and GAAP net income of $183.9 million. Diluted GAAP earnings per share were $1.54, while adjusted diluted EPS rose to $2.25 as the company emphasized cost controls and efficiency. The firm highlighted solid segment performance, including strong growth in US information solutions and international revenue, and it reiterated an AI-driven cost-reduction program that targets $150 million in savings for 2026–2028. In a strategic move, Equifax announced a definitive agreement to acquire Circulo de Crédito for $750 million, aiming to expand its footprint in Mexico, while returning about $366 million to shareholders through buybacks and dividends. The company also pointed to ongoing product innovation under its EFX.AI initiative and raised its cost-reduction targets accordingly. For near-term guidance, Equifax projected third-quarter adjusted EPS of $2.15 to $2.25 and revenue of $1.68 billion to $1.71 billion, with full-year guidance of $8.39 to $8.69 per share on revenue of $6.71 to $6.78 billion.
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