Thomson Reuters raises 2026 organic revenue growth outlook to 8.5%-9% from 8%
TRI•Thomson Reuters raised its 2026 organic revenue growth outlook to 8.5%-9% from approximately 8%. It now expects total revenue growth of approximately 9.5%, adjusted EBITDA margin of approximately 39% and free cash flow of approximately $2.1 billion.
1. Updated 2026 outlook
Thomson Reuters raised its 2026 total revenue growth forecast to approximately 9.5% from 8%, incorporating the Global Print transaction, and raised its organic revenue growth outlook to 8.5%-9% from approximately 8%. Third-quarter organic revenue growth reached 10%. Adjusted EBITDA margin is forecast at approximately 39%, reflecting discontinued operations treatment, while free cash flow guidance remains approximately $2.1 billion.
2. Fourth quarter and 2027
The company expects fourth-quarter organic revenue growth of approximately 8% and an adjusted EBITDA margin of approximately 42%. Its 2027 plans include reinvesting some operating leverage in AI-driven growth opportunities, with detailed guidance due in February.
