Companies /Industrials
Thomson-Reuters Corp
NYSE: TRI Specialty Business Services
$112.82
▲ $4.59 (+4.24%) today
Markets closed · 5:53am ET

Thomson Reuters (TRI) Q2 2026 Earnings

Reported Oct 19, 2026, 4:30pm ET · SEC source
$0.99
Beat +3.34%
EPS · est. $0.96 Adjusted
$2.0B
Beat +1.82%
Revenue · est. $1.9B
5 quarters
Consecutive EPS beats

How Did TRI Stock React to Q2 2026 Earnings?

% change · around the report
−2%0+2%+4%Oct 19Oct 20report 4:30pm ETearnings+0.3%+4.2%
−2%0+2%+4%Oct 19Oct 20earnings+0.3%+4.2%
TRI +4.2%S&P 500 +0.3%
−2%0+2%+4%Oct 19Oct 20report 4:30pm ETearnings−0.1%+4.2%
−2%0+2%+4%Oct 19Oct 20earnings−0.1%+4.2%
TRI +4.2%NASDAQ −0.1%
0+3%+6%Oct 19Oct 21report 4:30pm ETearnings+0.3%+6.4%
0+3%+6%Oct 19Oct 21earnings+0.3%+6.4%
TRI +6.4%S&P 500 +0.3%
0+3%+6%Oct 19Oct 21report 4:30pm ETearnings+0.0%+6.4%
0+3%+6%Oct 19Oct 21earnings+0.0%+6.4%
TRI +6.4%NASDAQ +0.0%
−0.72%
Day of report
+4.24%
Next session

Did TRI Beat Earnings? Q2 2026 Results

Yes. Thomson Reuters reported Q2 2026 earnings of $0.99 a share on Oct 19, 2026, beating the $0.96 consensus estimate by 3.3%. Revenue was $2.0B against a $1.9B estimate.

Thomson Reuters delivered a solid second-quarter beat, posting adjusted EPS of $0.99 against the $0.96 consensus estimate, a 3.34% positive surprise that marked the company's fourth consecutive quarter of beating EPS expectations. Revenue climbed to $1.95 billion, topping estimates of $1.92 billion by 1.82% and representing 9.5% growth year over year, as the company's AI-powered legal and professional workflow platforms continued to drive subscription demand. The most significant structural development of the period, however, came after the quarter closed: Thomson Reuters completed the sale of a 51% stake in its Global Print business to KKR on October 1, forming the Westbridge Print joint venture, and subsequently restated historical financials to reflect Global Print as discontinued operations. On a continuing operations basis, Q2 revenue stands at $1.84 billion, with management expecting royalty income and transition services arrangements to make the divestiture roughly neutral to adjusted EBITDA margin while adding 60 to 70 basis points to annual organic revenue growth starting in Q4. A revised full-year 2026 outlook is expected alongside Q3 results on November 3.

Key Takeaways
  • Big 3 segments combined revenue of $1,620 million in Q2 2026 with 42.7% adjusted EBITDA margin
  • Legal Professionals segment delivered highest Q2 2026 revenue at $772 million with 48.1% adjusted EBITDA margin
  • Reuters segment improved adjusted EBITDA margin to 20.8% in Q2 2026

What Is Thomson Reuters's Outlook?

Thomson Reuters recalibrated its Q3 2026 outlook to exclude Global Print: approximately 9% organic revenue growth and approximately 35% adjusted EBITDA margin on a continuing operations basis. The company expects the Global Print transaction to be approximately neutral to adjusted EBITDA margin and 60–70 basis points accretive to annual organic revenue growth once royalty and transition services arrangements take full effect starting in Q4 2026. A revised full-year 2026 outlook will be provided with Q3 earnings on November 3, 2026.

TRI YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$600.0M$1.2B$1.8B$1.8B$2.0BRevenue
$0$600.0M$1.2B$1.8BRevenue
TRI income statement, Q2 2026 versus Q2 2025
Metric Q2 2026 Q2 2025 Year over year
Revenue $2.0B $1.8B +9.5%

TRI Revenue by Segment

Legal Professionals$772.0M+8.9%
Corporates$537.0M+13.8%
Tax, Audit & Accounting Professionals$311.0M
Tax & Accounting Professionals
Reuters$229.0M
Reuters News
Global Print$111.0M−2.6%

TRI Revenue by Geography

Americas
United States
EMEA
United Kingdom
Asia Pacific
Canada

When Does Thomson Reuters Report Next?

Expected report date
Before the open
Release timing

Figures from SEC filings and company reports. Not investment advice.