Equifax Inc.

(New York Stock Exchange)
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Somewhat Bullish +45

Equifax’s (NYSE:EFX) Q3 2026 Earnings Results: Revenue In Line With Expectations But Quarterly Revenue Guidance Misses Expectations

Earnings report Guidance lowered AI-generated analysis

📈 Equifax Q3 2026 revenue reached $1.69 billion, aligning exactly with analyst estimates and growing 9.6% year-over-year.

📉 The company lowered its Q4 2026 revenue guidance to a midpoint of $1.62 billion, missing the $1.68 billion analyst consensus by 3.8%.

💰 Non-GAAP profit per share hit $2.26, surpassing analyst estimates by 2.8% and demonstrating strong profitability.

📊 Operating margin expanded to 21% in Q3, a significant improvement from the 17.1% recorded in the same quarter last year.

🔒 Equifax manages detailed financial records for over 800 million consumers worldwide, leveraging data dating back to 1899.

📈 Revenue growth accelerated recently with an 8.6% annualized rate over the last two years, exceeding the five-year trend.

🏢 Workforce Solutions and U.S. Information Solutions remain the primary revenue drivers, accounting for 41% and 35.4% of total revenue respectively.

📉 Two-year EPS growth of 10.1% outperformed the five-year trend, indicating accelerating earnings performance recently.

📈 The stock price increased 2.2% to $162.06 immediately following the earnings announcement despite the guidance miss.

🎯 Management reiterated full-year adjusted EPS guidance at $8.50, maintaining confidence in long-term profitability targets.

Bullish Signals
  • Equifax beat analyst estimates for Q3 non-GAAP profit per share by 2.8%, reporting $2.26 versus the expected consensus.
  • The company achieved a 21% operating margin in Q3, marking a substantial increase from the 17.1% margin recorded in the prior year.
  • Revenue growth accelerated to an 8.6% annualized rate over the last two years, outpacing the six-year historical average.
  • Equifax maintained its full-year adjusted EPS guidance at $8.50, signaling management confidence in meeting long-term targets.
  • The stock price rallied 2.2% to $162.06 immediately following the earnings release, reflecting positive market reaction to the results.
Risk Factors
  • Equifax missed analyst expectations for Q4 2026 revenue guidance, projecting $1.62 billion compared to the estimated $1.68 billion.
  • Five-year adjusted operating margin declined by 3 percentage points, raising questions about long-term expense base efficiency despite revenue growth.
Full Analysis
Equifax reported Q3 2026 results where revenue of $1.69 billion matched Wall Street expectations, representing a 9.6% year-over-year increase. However, the company missed analyst estimates for its Q4 2026 revenue guidance, projecting $1.62 billion compared to the expected $1.68 billion. Despite the guidance miss, Equifax's non-GAAP profit per share reached $2.26, beating consensus estimates by 2.8%. The company maintained its full-year adjusted EPS guidance at $8.50 and achieved an operating margin of 21%, up from 17.1% in the prior year. Long-term data shows Equifax has grown revenue at a 6.6% compounded annual rate over the last five years, with more recent two-year growth accelerating to 8.6%. Key segments include Workforce Solutions and U.S. Information Solutions. Equifax holds detailed financial records for over 800 million consumers worldwide, dating back to 1899, serving lenders, employers, and other businesses globally. While the stock price rose 2.2% immediately following the earnings release, management's softer outlook for the next quarter suggests a mixed performance. Analysts expect full-year EPS to grow 10.4% over the next 12 months.