Thomson Reuters Corporation (TRI) SEC Filings & Earnings Calls
EquiReason read 30 Thomson Reuters Corporation SEC filings in the last 12 months. Latest: 6-K on 2026-10-19 — Thomson Reuters sold 51% stake in Global Print to KKR, forming JV Westbridge Print; provides supplemental financials and revised outlook; impact neutral to adjusted EBITDA margin, .
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 61.5B
- P/E TTM
- 33.0
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 3 Nov, in 10 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
19 Oct 20266-KThomson Reuters sold 51% stake in Global Print to KKR, forming JV Westbridge Print; provides supplemental financials and revised outlook; impact neutral to adjusted EBITDA margin, 60-70 bps accretive to organic revenue growth.open
Figures in the filing · each found in the filing text
| Organic revenue growth · Q3-2026 | 9.0% | |
| Adjusted EBITDA margin · Q3-2026 | 35.0% | |
| Revenue - Legal Professionals · Legal Professionals · Q1-2026 | $756M | |
| Revenue - Corporates · Corporates · Q1-2026 | $608M | |
| Revenue - Tax, Audit & Accounting Professionals · Tax, Audit & Accounting Professionals · Q1-2026 | $410M | |
| Revenue - Reuters · Reuters · Q1-2026 | $212M | |
| Revenue - Total · Q1-2026 | $1.98B |
Guidance
Q3 2026 organic revenue growth ~9% (from ~8%); adjusted EBITDA margin ~35% (from ~36%); full-year 2026 outlook to be issued on Nov 3, 2026
Revised Q3 outlook shows higher organic growth but lower margin due to Global Print JV; full-year guidance pending.
Risks flagged
Macroeconomic and geopolitical uncertainty may impact outlook achievement.
“uncertain macroeconomic and geopolitical conditions will continue to disrupt the economy and cause periods of volatility” · word for word
17 Sep 20266-KThomson Reuters Corporation entered into a base indenture and supplemental indentures for future debt securities issuance, establishing a framework for debt financing.open
Risks flagged
Potential future debt issuance could increase leverage and interest obligations.
“Indenture framework allows for future debt securities issuance without specific terms disclosed.”
17 Sep 20266-KThomson Reuters subsidiary TR Finance LLC issued 5.100% Notes due 2028 and 5.750% Notes due 2033 under a supplemental indenture, representing a debt financing event.open
Risks flagged
Increased leverage from new debt issuance may raise interest expense and refinancing risk.
“Issuance of $5.100% Notes due 2028 and $5.750% Notes due 2033 increases total debt.”
14 Sep 20266-KTR Finance LLC, subsidiary of Thomson Reuters, issued $800M 5.100% Senior Notes due 2028 and $500M 5.750% Senior Notes due 2033 via underwriting agreement dated Sep 10, 2026.open
Figures in the filing · each found in the filing text
| Senior Notes due 2028 principal · Sep 2026 | $800M | |
| Senior Notes due 2033 principal · Sep 2026 | $500M |
Risks flagged
Increased leverage with $1.3B new debt; interest expense will rise.
“Issuance of $800M 5.100% notes due 2028 and $500M 5.750% notes due 2033”
11 Sep 20266-KThomson Reuters prices US$1.3B notes and C$1.0B notes in public offering and private placement for general corporate purposes including commercial paper repayment.open
Risks flagged
Increased leverage from new debt; interest expense will rise.
“Issuance of US$1.3B and C$1.0B in notes with fixed and floating rates.”
5 Aug 20266-KThomson Reuters raised full-year 2026 total and organic revenue growth outlook to ~8.0% total and 9.5%-10.0% for Big 3 segments. Q2 revenue up 9%, organic up 8%, adjusted EBITDA margin up 30bp.open
Figures in the filing · each found in the filing text
| Revenue · Q2-2026 | $1.95B | +10% y/y |
| Organic Revenue Growth · Q2-2026 | 8.0% | |
| Adjusted EBITDA · Q2-2026 | $745M | +10% y/y |
| Adjusted EBITDA Margin · Q2-2026 | 38.1% | |
| Adjusted EPS · Q2-2026 | $0.99 | +14% y/y |
| Free Cash Flow · Q2-2026 | $727M | +29% y/y |
| Operating Profit · Q2-2026 | $558M | +28% y/y |
| Diluted EPS · Q2-2026 | $1.02 | +48% y/y |
Guidance
FY2026 total revenue growth ~8.0%, Big 3 segments 9.5-10.0%
Raised full-year guidance on strong Q2 performance; Big 3 segments driving growth.
14 Jul 20266-KThomson Reuters sells 51% stake in Global Print business to KKR for ~$500M, retains 49% equity, sharpens focus on AI solutions.being acquiredopen
Figures in the filing · each found in the filing text
| Gross proceeds from stake sale · Global Print · Q4-2026 | $500M |
Risks flagged
Transaction subject to regulatory approvals and closing conditions; financial support for KKR minimum return creates contingent liability.
“Closing of the transaction is subject to specified regulatory approvals and customary closing conditions. Thomson Reuters has agreed to provide certain financial support designed to give KKR a minimum return on its equity investment in the joint venture under certain circumstances.” · word for word
5 May 20266-KQ1 2026 results: revenue +10% (organic +8%), adj. EBITDA +9%, adj. EPS +10%, FCF +19%. Maintained full-year outlook. Dividend +10%.open
Figures in the filing · each found in the filing text
| Revenues · Q1 2026 | $2.09B | +10% y/y |
| Organic revenue growth · Q1 2026 | 8.0% | |
| Adjusted EBITDA · Q1 2026 | $881M | +9% y/y |
| Adjusted EBITDA margin · Q1 2026 | 42.2% | |
| Adjusted EPS · Q1 2026 | $1.23 | +10% y/y |
| Free cash flow · Q1 2026 | $332M | +19% y/y |
| Diluted EPS · Q1 2026 | $1.03 | +7% y/y |
| Operating profit · Q1 2026 | $639M | +14% y/y |
Guidance
Maintained full-year 2026 outlook for organic revenue growth, adjusted EBITDA margin and free cash flow
Full-year 2026 outlook maintained; dividend increased 10%.
4 May 20266-KThomson Reuters announces return of capital with cash distribution of US$1.435518 per share and share consolidation at ratio of 1:0.98456, effective May 4, 2026.share dilutionopen
Figures in the filing · each found in the filing text
| Cash distribution per share · Q2-2026 | $1.44 |
Risks flagged
No material risk signals; filing is procedural for capital return.
30 Apr 20266-KCourt approval for return of capital ($605M special distribution) and share consolidation. Shareholder-approved plan; TSX/Nasdaq approval pending. No operational data.open
Figures in the filing · each found in the filing text
| Cash distribution per share (estimated) · Q2-2026 | $1.36 |
Risks flagged
No material risk signals; filing is procedural for capital return.
29 Apr 20266-KThomson Reuters announces shareholder approval of return of capital ($605M special cash distribution) and share consolidation transactions.open
Figures in the filing · each found in the filing text
| Cash distribution per share (estimated) · Q2-2026 | $1.36 |
Risks flagged
No material risk signals; filing is procedural for capital return.
17 Apr 2026SC 13D/AThomson family entities filed Amendment No. 24 to Schedule 13D, reaffirming controlling stake (~70.56%) and reporting minor open-market sales and a board nomination.open
Figures in the filing · each found in the filing text
| Beneficial Ownership Percentage (Thomson Investments Limited) · 2026-04-09 | 70.6% | |
| Beneficial Ownership Percentage (Woodbridge) · 2026-04-09 | 67.9% |
Risks flagged
Controlling Shareholder Concentration
“Thomson Investments Limited is the beneficial owner of 312,518,088 Common Shares, representing approximately 70.56% of the outstanding Common Shares.” · word for word
17 Apr 2026SC 13D/AThomson family entities filed Amendment No. 24 to Schedule 13D, reaffirming controlling stake (~70.56%) and reporting minor open-market sales and a board nomination.open
Figures in the filing · each found in the filing text
| Beneficial Ownership Percentage (Thomson Investments Limited) · 2026-04-09 | 70.6% | |
| Beneficial Ownership Percentage (Woodbridge) · 2026-04-09 | 67.9% |
Risks flagged
Controlling Shareholder Concentration
“Thomson Investments Limited is the beneficial owner of 312,518,088 Common Shares, representing approximately 70.56% of the outstanding Common Shares.” · word for word
14 Apr 20266-KReminder to non-Canadian taxable shareholders about opt-out alternative for return of capital; no financial results.open
Figures in the filing · each found in the filing text
| special cash distribution | $605M | |
| distribution per share | $1.36 |
16 Mar 20266-KThomson Reuters files documents for proposed return of capital: $605M special cash distribution and share consolidation (reverse stock split) via plan of arrangement. Special meeting of shareholders scheduled for April 28, 2026.open
Figures in the filing · each found in the filing text
| special cash distribution | $605M |
2 Mar 20266-KThomson Reuters announces planned CFO transition: Mike Eastwood retiring, Gary Bischoping to succeed. No financial impact disclosed.open
Risks flagged
CFO transition risk; new CFO lacks company-specific experience.
“Gary Bischoping joining from Hellman & Friedman; no prior Thomson Reuters experience.”
25 Feb 20266-KThomson Reuters announces US$600M share repurchase program and US$605M return of capital via special distribution and share consolidation.share dilutionopen
Figures in the filing · each found in the filing text
| Share Repurchase Program · 2026-02-25 | $600M | |
| Special Cash Distribution · 2026-02-25 | $605M | |
| Per Share Distribution · 2026-02-25 | $1.36 |
5 Feb 20266-KThomson Reuters reports Q4/FY2025 results with organic revenue growth of 7% and raises FY2026 outlook: organic revenue growth ~7.5%-8.0% and adjusted EBITDA margin expansion of ~100 bps from 39.2% in 2025. Dividend increased 10%.open
Figures in the filing · each found in the filing text
| Revenues · Q4-2025 | $2.01B | +5% y/y |
| Organic revenue growth · Q4-2025 | 7.0% | |
| Adjusted EBITDA · Q4-2025 | $777M | +8% y/y |
| Adjusted EBITDA margin · Q4-2025 | 38.7% | |
| Diluted EPS · Q4-2025 | $0.74 | -43% y/y |
| Adjusted EPS · Q4-2025 | $1.07 | +6% y/y |
| Free cash flow · Q4-2025 | $581M | +38% y/y |
| Dividend per share · FY2026 | $2.62 | +10% y/y |
| Big 3 organic revenue growth · Big 3 Segments Combined · Q4-2025 | 9.0% | |
| Legal Professionals revenue · Legal Professionals · Q4-2025 | $738M | +1% y/y |
Guidance
FY2026 organic revenue growth ~7.5-8.0%, adj. EBITDA margin expansion ~100bp
FY2026 guidance raised: organic revenue growth ~7.5-8.0% (vs FY2025 7%), adj. EBITDA margin expansion ~100bp from 39.2%. Dividend +10%.
Risks flagged
Global Print revenue decline continues (-6% organic), indicating structural headwind.
“Global Print revenues declined 6% in Q4 and FY.”
Operating profit decreased 25% due to prior-year gains and higher amortization.
“Operating profit decreased 25% primarily due to other operating gains in prior-year period and higher amortization.” · word for word
5 Nov 20256-KThomson Reuters filed Q3 2025 interim report (6-K) with MD&A and financial statements;open
Guidance
Raised 2025 outlook
Raised 2025 financial outlook due to strong organic growth and margin expansion.
4 Nov 20256-KThomson Reuters Q3 2025: organic revenue +7%, Big 3 segments +9%, adjusted EBITDA margin +240bps to 37.7%, reaffirmed FY25 outlook, raised FY26 framework.open
Figures in the filing · each found in the filing text
| Revenues · Q3-2025 | $1.78B | +3% y/y |
| Organic revenue growth · Q3-2025 | 7.0% | |
| Adjusted EBITDA · Q3-2025 | $672M | +10% y/y |
| Adjusted EBITDA margin · Q3-2025 | 37.7% | |
| Diluted EPS · Q3-2025 | $0.94 | +40% y/y |
| Adjusted EPS · Q3-2025 | $0.85 | +6% y/y |
| Free cash flow · Q3-2025 | $526M | -11% y/y |
| Operating profit · Q3-2025 | $593M | +43% y/y |
Guidance
Raised FY26 adjusted EBITDA margin and FCF expectations
Reaffirmed FY25 outlook; raised FY26 adjusted EBITDA margin and FCF expectations, reflecting confidence in AI-driven growth.
Risks flagged
Free cash flow declined 11% YoY due to higher capex and working capital changes, though still strong at $526M.
“Free cash flow decreased by $65 million due to lower net cash provided by operating activities and higher capital expenditures.” · word for word
Government contract awards
federal awards · contract value, often multi-year| Date | Agency | Value | What for |
|---|---|---|---|
| 2026-06-30 | Internal Revenue Service | $10M | JOINT ENTERPRISE TAX CALCULATION SOLUTION (JETCS) COMMERCIAL OFF THE SHELF (COTS)TAX CALCULATOR- EXTEND CONTRACT FOR 6 MONTHS. |
| 2025-12-31 | Internal Revenue Service | $10M | JOINT ENTERPRISE TAX CALCULATION SOLUTION (JETCS) COMMERCIAL OFF THE SHELF (COTS)TAX CALCULATOR |
Thomson Reuters Corporation — questions
- What did Thomson Reuters Corporation file recently?
- 30 SEC filings in the last 12 months. Latest: 6-K on 2026-10-19 — Thomson Reuters sold 51% stake in Global Print to KKR, forming JV Westbridge Print; provides supplemental financials and revised outlook; impact neutral to adjusted EBITDA margin, 60-70 bps accretive to organic revenue growth.
Every figure on this page comes from Thomson Reuters Corporation's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.