Thomson Reuters jumps on Q1 beat, reaffirmed 2026 growth outlook and AI demand

TRITRI

Thomson Reuters shares rose after reporting Q1 2026 revenue of $2.087 billion (+10%) and adjusted EPS of $1.23 (+10%). The company reaffirmed its 2026 outlook for 7.5%–8.0% organic revenue growth and ~$2.1 billion free cash flow, supporting the stock’s move higher.

1) What’s driving TRI higher today

Thomson Reuters is moving up today after releasing first-quarter 2026 results before the market open on May 5, 2026. The company posted strong top-line growth and higher profitability metrics, while keeping its full-year 2026 outlook intact—signals investors typically reward when sentiment is sensitive to execution risk in professional-information and software-like businesses. (prnewswire.com)

2) Key numbers from Q1 2026

For Q1 ended March 31, 2026, Thomson Reuters reported revenue of $2.087 billion, up 10% year over year, with organic revenue up 8%. Diluted EPS was $1.03 versus $0.96 a year ago, while adjusted EPS increased to $1.23 from $1.12; free cash flow rose to $332 million from $277 million. Management also cited organic growth of 9% across its “Big 3” segments (Legal Professionals, Corporates, and Tax, Audit & Accounting Professionals). (prnewswire.com)

3) Outlook and what investors are focusing on next

The company maintained its 2026 outlook, including organic revenue growth of 7.5%–8.0% and free cash flow of about $2.1 billion, and indicated it expects Q2 2026 organic revenue growth of 7%–8% with an adjusted EBITDA margin around 38%. Commentary emphasized customer adoption of Thomson Reuters’ AI offerings in high-stakes workflows, which has been a key debate for the stock amid competitive AI concerns. (prnewswire.com)