Thomson Reuters Q4 Revenue Rises 5% to $2.009B; Adjusted EPS Up 6%
Thomson Reuters reported Q4 fiscal 2025 revenue of $2.009 billion, up 5% year-over-year, driven by a 9% gain in key segments. Adjusted EPS rose 6% to $1.07 and adjusted EBITDA climbed 8% to $777 million, with net operating cash flow up 35% to $756 million.
1. Financial Results
In Q4 fiscal 2025, Thomson Reuters delivered revenue of $2.009 billion, marking a 5% increase from the prior year. GAAP diluted EPS declined 43% to $0.74, while adjusted EPS improved 6% to $1.07, reflecting ongoing profitability measures.
2. Profitability and Margins
Adjusted EBITDA rose 8% to $777 million, lifting the margin to 38.7% from 37.6% a year earlier. The margin expansion underscores efficient cost management and the impact of higher-margin recurring revenue.
3. Segment and Revenue Drivers
Key business units saw a combined 9% revenue gain, with recurring revenue up 6% and transaction revenue up 11%. This offset a 6% decline in Global Print and highlights the strength of digital and subscription services.
4. Cash Flow and Balance Sheet
Net cash from operations surged 35% to $756 million, driving free cash flow higher. The cash flow improvement strengthens the company’s ability to invest in AI and strategic growth initiatives.