AI-extracted from the 10-Q filed 2026-10-20 — Q3 FY2026 (quarter ended September 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Equifax Q3 revenue grew 10% YoY to $1.7B driven by double-digit growth in U.S. Information Solutions and strong Workforce Solutions momentum, with operating margin expanding 390 bps to 21.0%.
Biggest Revenue Drivers
Workforce Solutions$693.9M+7% YoY
Growth driven by Verification Services diversified markets (talent, consumer lending, government) and mortgage vertical growth.
U.S. Information Solutions$599.1M+13% YoY
Online Information Solutions grew 13% from higher mortgage revenue due to product pricing and diversified markets growth; Financial Marketing Services grew 11%.
Biggest Revenue Drivers
Total revenue: $1,692.5M+10% YoY
Workforce Solutions$693.9M+7% YoY
Growth driven by Verification Services diversified markets (talent, consumer lending, government) and mortgage vertical growth.
U.S. Information Solutions$599.1M+13% YoY
Online Information Solutions grew 13% from higher mortgage revenue due to product pricing and diversified markets growth; Financial Marketing Services grew 11%.
International$399.5M+9% YoY
Growth across Asia Pacific (+20%), Latin America (+12%), Europe (+3%), and Canada (+2%); favorable FX added approximately 2 points.
Largest Expense Items
Cost of services$752.4M+13% YoY
Increase primarily due to higher royalty and revenue share costs, with FX contributing $4.2M.
Selling, general and administrative expenses$390.4M-10% YoY
Decrease primarily from lower people costs driven by absence of severance charges from prior year, partially offset by higher litigation expense.
Depreciation and amortization$194.4M+6% YoY
Increase primarily due to increased amortization of capitalized internal-use software costs.
Margins: Operating margin expanded 390 basis points to 21.0% in Q3 2026 from 17.1% in Q3 2025, driven by strong revenue growth of 10% that outpaced expense growth of 4%, though partially offset by higher royalty costs and litigation expenses. The filing attributes margin improvement primarily to operating leverage on revenue increases.
Watch Items from the Filing
Equifax agreed to acquire Círculo de Crédito for enterprise value of $750M (purchase price $825M net of $75M cash) in definitive agreement signed July 2026, subject to regulatory approval and expected to close Q4 2026.
FCRA litigation settlement of $100M accrued in Q2 2026 (net of $60M insurance recovery) for coding issue affecting credit score calculations. District court preliminarily approved settlement; final hearing scheduled January 2027.
Inquiry Disputes class action settlement of $30M estimated liability preliminarily approved August 2026 with final approval hearing scheduled December 2026.
CFPB investigation into Workforce Solutions data accuracy and dispute handling via three CIDs since July 2023; outcome and potential enforcement actions currently unpredictable.
Total debt increased 8% to $5.2B from $4.8B YoY; issued $1.0B long-term notes (5.00% and 5.65%) in July 2026 to refinance shorter-dated obligations. Interest expense up 19% YoY to $62.3M.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Feidler Mark LDirectorGrant or award · May 7, 2026
Fichuk Karen LDirectorGrant or award · May 7, 2026
Hough G. ThomasDirectorGrant or award · May 7, 2026
Mcgregor Scott ADirectorGrant or award · May 7, 2026
McKinley John ADirectorGrant or award · May 7, 2026
About EQUIFAX INC (EFX): stock profile, AI score and financials
EQUIFAX INC (EFX) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores EFX at 66.1/100 on a composite quality score built from its SEC filings, placing it at rank #428 of 2,925 stocks — the top 25% of the AI-ranked universe. EFX scores in the top quartile across earnings quality (81.7), revenue scale (81.6). Shareholder dilution risk is elevated at 48.9/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q3 2026), EQUIFAX INC reports quarterly revenue of $1.7B, net income of $211.7M, an operating margin of 21.0%. EFX trades on the NYSE exchange and files with the SEC under CIK 33185. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate EFX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for EQUIFAX INC directly from SEC EDGAR.