Equifax Inc. (EFX) Earnings Call Transcripts

Equifax Inc.'s Latest Earnings Call - September 14, 2026

In the third quarter of fiscal year 2026, Equifax Inc. (EFX:US) reported a revenue of $6.7 billion, which was in line with expectations, while earnings per share (EPS) came in at $1.50, slightly below the consensus estimate of $1.55. Management maintained their guidance for the full year, anticipating continued challenges in the mortgage market due to rising interest rates but expressed confidence in achieving long-term growth targets. Notably, they highlighted a significant opportunity for revenue growth in the government vertical and a commitment to maintaining a strong capital allocation strategy focused on dividends and share buybacks.

Reported metrics

Guidance from management

Management maintained their guidance for the year, anticipating continued challenges in the mortgage market but expressing confidence in achieving long-term growth targets of 7% to 10%. They expect the government business to significantly contribute to revenues starting in 2027.

What management said

Well, the guidance we gave in July is kind of as Mark indicated, right, that we were expecting to see overall, we're going to see a decline in the mortgage market in terms of originations, right? But obviously, we haven't updated our guidance since then, but obviously, you've seen rates move up meaningfully since when we gave guidance in July, right? So that will be -- and we've seen that impact on transaction volume...

Yes. So the $100 million, are we going to give it to regular, you want everything -- you like most of our investors. So we thought it was large enough that we shared it. Whether we share it every quarter or not, we'll make the right decision on that. But $100 million is quite a bit given the size of the vertical, and we thought it was appropriate to share and their attention is very, very high. Retention levels are v...

What analysts pressed on

Analysts expressed concerns regarding the ongoing challenges in the mortgage market and the impact of rising interest rates on transaction volumes. There were also questions about how quickly the government business could ramp up and the sustainability of growth in the face of competitive pressures in the credit scoring market.

Main topics on the call

• Mortgage Market Challenges — Management acknowledged that the mortgage market is experiencing a decline, stating, "mortgage is down in the ZIP code of 50% from historic levels." They expect this trend to continue in the near term due to rising inter...
• Government Business Growth — Equifax's government vertical is showing strong growth potential, with management reporting a "$100 million of new ACV" and a pipeline that has doubled year-over-year. This segment is expected to significantly contribute...
• VantageScore Adoption — Management highlighted the adoption of VantageScore as a positive development, noting that "the delta... is 45% lower with the VantageScore." This shift is expected to drive cost savings and improve competitive positioni...
• Capital Allocation Strategy — Equifax is focusing on a disciplined capital allocation strategy, with plans to grow dividends in line with earnings and prioritize share buybacks. CEO Mark Begor stated, "when that mortgage market recovery comes, that's...

Read the full Equifax Inc. transcript (September 14, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 126 Equifax Inc. earnings call transcripts on record, spanning February 13, 2020 to September 14, 2026. Based on this history, Equifax Inc. reports quarterly. The most recent call on file is dated September 14, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

EFX

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Professional Services

Calls on record

126

First call

February 13, 2020

Most recent

September 14, 2026

Reporting cadence

quarterly