Experian (EXPN) Q1 2026 TU earnings summary

Executive summary

• Achieved 8% organic and 12% total revenue growth in Q1, maintaining momentum and an unchanged financial outlook, with North America leading growth and recent acquisitions performing well.

• FY25 revenue reached $7.5bn, with 7–8% organic growth and 8% total growth at constant FX rates, and benchmark EBIT up 8% to $2.1bn.

• Free consumer memberships surpassed 200 million globally, reflecting strong platform expansion.

• Ongoing investment in cloud transformation, innovation, and strategic acquisitions supported growth.

Financial highlights

• North America contributed 67% of group revenue, with 10% total and 9% organic revenue growth year-over-year.

• B2B organic revenue grew 8% globally, with financial services up 15% in North America and verticals up 8%.

• Consumer services grew 6% globally, or 13% excluding the prior year data breach services impact; Latin America delivered 5% organic growth, with consumer services up 24%.

• UK and Ireland posted 2% total and 1% organic revenue growth at constant currency, with consumer services up 11%.

• EMEA and Asia Pacific delivered 36% total and 7% organic revenue growth at constant currency, boosted by the illion acquisition.

Outlook and guidance

• Full-year expectations remain unchanged, with guidance reaffirmed for mid to high single-digit organic growth in Latin America and FY26 organic revenue growth expected at 6–8%.

• Q2 growth expected to be similar to Q1, with mortgage revenue growth moderating and some one-off Q1 benefits not recurring.

• Benchmark EBIT margin to improve by 30–50bps; capex to remain at 8–9% of revenue.

• Economic scenarios for the second half remain uncertain, with guidance to be reviewed at half-year.

• Next half-year results scheduled for release on 12 November 2025.