TransUnion Q3 2026 Earnings Recap

TransUnion shares fell 5.3% after earnings, despite a third-quarter beat, with the likely pressure coming from a cautious outlook that flags higher rates and softer U.S. mortgage activity. Management raised the low end of full-year revenue and EBITDA guidance but left the high end unchanged, and said its outlook allows for further market softening.

Key Takeaways

• Q3 organic constant-currency revenue grew 8%, or approximately 5.5% excluding FICO mortgage royalties; adjusted diluted EPS increased 14%.
• U.S. Markets revenue rose 7%; Financial Services grew 11%, or 5% excluding mortgage revenue, with double-digit growth in auto.
• International returned to double-digit organic constant-currency growth, led by India and Latin America, each up 18%.
• Full-year guidance calls for 8%–9% organic constant-currency revenue growth and 10%–11% adjusted EBITDA growth; the low end was raised and the high end maintained. Adjusted diluted EPS growth guidance was raised to 12%–13%.
• Management cited incrementally slower mortgage volumes as the 30-year mortgage rate moved above 7%, and expects higher rates to moderately weigh on auto affordability and lending activity.