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Thomson Reuters Corporation (TRI) Stock: Price, Forecast & Analyst Target

Thomson Reuters Corporation (TRI) — MoonshotScore 80/100 (Exceptional band), calculated Oct 4, 2026. Price $97.62 (-1.75%), as of the Oct 2, 2026 trading session; market cap $42.6B. Expected results Nov 3, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 73.92× (market value Oct 2, 2026; cash Jun 30, 2026) · expected results Nov 3, 2026

$97.62 −$1.74 (-1.75%) Market Cap $42.6B

Thomson Reuters Corporation · TRI · NASDAQ · Industrials · Specialty Business Services

Research dated 2026-09-12: Thomson Reuters sells specialized content, software and workflow tools to legal, corporate, tax and accounting professionals, while Reuters News and Global Print remain distinct businesses within the group. Its economics come chiefly from electronic software and services rather than conventional industrial activity. The key question is whether professional workflow products and AI-driven tax offerings can sustain growth and cash generation as transactional government work normalizes and Global Print leaves continuing operations.

Price as of Oct 2, 2026

Key Statistics

80 of 100

MoonshotScore v2 · Thomson Reuters (TRI)

Exceptional
Business Quality Elite (90)
Financial Safety Sound (79)
Valuation Full (49)
Growth Durability Flat (58)
Momentum Quiet (51)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

Elite quality and a strong balance sheet, though growth is only decent. Business Quality: Elite; Financial Safety: Sound; Valuation: Full; Growth Durability: Flat; Momentum: Quiet.

  • quarterly revenue $1.95B (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 7 of 8
  • Altman Z 5.10 · Piotroski F 7

Helping: business quality, balance-sheet strength

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for TRI (29 recorded, newest six shown)
RecordedScoreBand
81Exceptional
82Exceptional
80Exceptional
80Exceptional
81Exceptional
81Exceptional

The score was 80 in the stored Oct 3, 2026 snapshot and remains 80 in the current publication computed Oct 4, 2026 (0); the largest pillar moves were Growth Durability +1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$97.62
Change on the day-1.75%
52-week range$76.28–$166.97
Market capitalisation$42.6B
Price / earnings (trailing)26.10
Shares traded on the day1.74M
Beta (volatility vs the S&P 500)0.17
Dividends per share (last 12 months)$4.01
Dividend yield (last 12 months)4.10%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $79, high $177, latest $98. 4 reported quarters marked, 3 above and 1 below the recorded estimate. 1 other dated event marked. $177 $79 high $177 Nov 4, 2025 · Earnings results · reported above the recorded estimate · close $1401Feb 5, 2026 · Earnings results · reported below the recorded estimate · close $882May 5, 2026 · Earnings results · reported above the recorded estimate · close $933Aug 5, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $1024Aug 5, 2026 · Earnings results · reported above the recorded estimate · close $1025 Sep 5, 2025 Oct 2, 2026 · $98 $177Sep 5, 2025$165Sep 19, 2025$155Oct 3, 2025$161Oct 17, 2025$156Oct 31, 2025$143Nov 14, 2025$138Nov 28, 2025$133Dec 12, 2025$135Dec 26, 2025$131Jan 9, 2026$125Jan 23, 2026$88Feb 6, 2026$83Feb 20, 2026$111Mar 6, 2026$93Mar 20, 2026$90Apr 2, 2026$93Apr 17, 2026$94May 1, 2026$83May 15, 2026$87May 29, 2026$81Jun 12, 2026$84Jun 26, 2026$90Jul 10, 2026$90Jul 24, 2026$102Aug 7, 2026$106Aug 21, 2026$106Sep 4, 2026$94Sep 18, 2026$98Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · below the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • Government growth improved to 5% year-over-year from 1% in Q1, though we anticipate a softer growth rate in Q3 as certain transactional revenue in the quarter is not expected to recur at the same level.

    Gary Bischoping · Statement from

  • We continue to see 2026 adjusted EBITDA margins of approximately 40%, and we expect free cash flow of approximately $2.1 billion.

    Gary Bischoping · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for Thomson Reuters (TRI): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Neutral
Momentum Neutral
Business Quality Strong
Financial Safety Moderate
Valuation Neutral

Legends Council

6 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Neutral read
Simons-style lens (simulated) Jim Simons Neutral read
Englander-style lens (simulated) Izzy Englander Favorable read
Klarman-style lens (simulated) Seth Klarman Favorable read
Moon AI lens (model) Favorable read

Read on: Sep 24, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Fairly Valued
Profit Margin Strong
Revenue Growth Neutral
Debt/Equity Moderate
ROE Moderate
Gross Margin Strong

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 4, 2026, except a card that shows its own read date.

Watch the TRI film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Thomson Reuters (TRI), and what does it report?

Short answer · as of

Thomson Reuters is a vertical information and workflow company, not a conventional specialty-services contractor. Legal and government users receive research, content, analytics and operating tools; corporate teams use technology for legal, tax, regulatory, compliance and information-technology work; tax and accounting professionals use research and automation products.

Research dated 2026-09-12.

Thomson Reuters is a vertical information and workflow company, not a conventional specialty-services contractor. Legal and government users receive research, content, analytics and operating tools; corporate teams use technology for legal, tax, regulatory, compliance and information-technology work; tax and accounting professionals use research and automation products.

Reported revenue combines Legal Professionals, Corporates, Tax and Accounting Professionals, Reuters News and Global Print. Most disclosed segment revenue is classified as electronic software and services, while the annual accounts show a growing revenue base whose profit can vary far more sharply than sales.

Sources (as of 2026-09-12): Sector / industry (provider taxonomy); Business description; Revenue by segment; Annual revenue and net result (USD millions)

2 · Latest results

What do the latest results show for Thomson Reuters (TRI)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $1.95B.

Research dated 2026-09-12.

The latest quarterly statement shows revenue easing from the preceding period while remaining above the comparable prior-period level. Operating profit, net income and diluted earnings also improved against that prior-period comparison, and the earnings record shows the latest release clearing both revenue and earnings expectations after a recent sequence that included a miss on both measures.

Management expects Tax and Accounting Professionals growth to accelerate through contributions from newer AI-driven offerings, a Domínio product extension in Brazil and a revenue-recognition timing benefit. It also cautioned that improved government growth included transactional revenue unlikely to recur at the same level, separating durable workflow momentum from a temporary contribution.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$1.95B Jun 30, 2026
Latest quarter · SG&A
$0.00 Jun 30, 2026
Latest quarter · FMP standardized operating result
$558.00M Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$1.95BNot available$0.00$558.00M
Mar 31, 2026$2.09BNot available$704.00M$636.00M
Dec 31, 2025$2.01BNot available$729.00M$378.00M
Sep 30, 2025$1.78BNot available$674.00M$593.00M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$1.93B Aug 5, 2026
Latest report · revenue estimate
$1.89B Aug 5, 2026
Latest report · revenue vs estimate
Above estimate Aug 5, 2026
Latest report · EPS vs estimate
Above estimate Aug 5, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Aug 5, 2026$1.93B$1.89B$0.9900$0.9600
May 5, 2026$2.04B$2.00B$1.2300$1.1800
Feb 5, 2026$2.00B$2.01B$1.0700$1.0900
Nov 4, 2025$1.80B$1.78B$0.8500$0.8100

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$1.95B$448M$1.01 (diluted)
Q1 FY2026$2.09B$459M$1.03 (diluted)
Q4 FY2025$2.01B$332M$0.76 (diluted)
Q3 FY2025$1.78B$423M$0.94 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Thomson Reuters (TRI)?

Short answer

Cash and short-term investments were $576.31M at the Jun 30, 2026 balance-sheet date. Operating cash flow was $894.69M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-12.

Operating cash flow exceeded capital spending throughout the displayed quarterly series and strengthened in the latest period. Cash and short-term investments also recovered from the preceding quarter, although they remain well below the opening level of the reported window; that contraction should not be mistaken for operating cash burn because operations continued producing cash.

Debt exceeds cash and investments even when the separately classified long-term investments are included, while the current and quick ratios sit below parity. Favorable quality and distress screens temper that concern, but the financial risk remains clear: sustained cash deployment or weaker workflow profitability would leave less liquidity against obligations.

Sources (as of 2026-09-12): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash decline over the reported window; Distress and quality screens

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$894.69M Jun 30, 2026
Previous quarter · operating cash flow
$505.00M Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$894.69M−$172.39M
Mar 31, 2026$505.00M−$156.00M
Dec 31, 2025$767.87M−$160.42M
Sep 30, 2025$697.48M−$160.19M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Thomson Reuters (TRI)?

Short answer · as of

The next earnings report is expected on Nov 3, 2026.

Research dated 2026-09-12.

Tax and Accounting Professionals needs to show that newer AI offerings and the Domínio extension are contributing beyond the stated timing benefit. Government revenue should be checked for the anticipated normalization in transactional work, while Global Print’s move to discontinued operations will require care when comparing continuing revenue and profit with earlier periods.

The scheduled earnings release is the next checkpoint for revenue and earnings expectations. Cash conversion deserves equal attention: operating cash flow and capital spending should remain consistent with management’s free-cash-flow and margin outlook, while the annual consensus path continues to assume rising revenue and earnings.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Next earnings report; Analyst revenue and earnings estimates (average); Operating cash flow by quarter (USD millions); Quarterly income statement (USD thousands)

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. Government growth improved to 5% year-over-year from 1% in Q1, though we anticipate a softer growth rate in Q3 as certain transactional revenue in the quarter is not expected to recur at the same level.

    Gary Bischoping ·

  2. We continue to see 2026 adjusted EBITDA margins of approximately 40%, and we expect free cash flow of approximately $2.1 billion.

    Gary Bischoping ·

  3. We continue to expect TAAP revenue growth to accelerate in the second half, driven by rising revenue contribution from our newer AI-driven offerings in the U.S., a key product line extension at Domínio in Brazil, and the benefit from the revenue recognition timing change I just mentioned.

    Gary Bischoping ·

  4. Beginning with our Q3 results, we intend to report Global Print as discontinued operations in our financial statements.

    Gary Bischoping ·

5 · Peer comparison

How does Thomson Reuters compare with its peers?

Short answer

Thomson Reuters's score ranks tied for 4th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

Thomson Reuters belongs closer to vertical information and workflow software than its industrial classification suggests. Specialized content sits inside the tools used for legal research, tax preparation, audit, compliance and corporate operations, so product adoption and workflow penetration matter more than conventional project staffing.

Reuters News and a remaining print operation make the portfolio broader than a pure legal or tax software vendor. The margin profile reflects content-and-software economics, while Woodbridge’s dominant position in the holder list adds a concentrated-owner dimension that is separate from operating performance.

Sources (as of 2026-09-12): Sector / industry (provider taxonomy); Business description; Revenue by segment; Trailing twelve-month ratio set; Institutional ownership (13F); Largest 5 institutional holders

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Cintas Corporation (CTAS) Same industry, near in market value$193.02 Oct 2, 2026$77.2B92 5-pillar Oct 4, 2026
BIP Bermuda Holdings I Ltd. (BIPI) Same industry, near in market value$15.92 Oct 2, 2026$12.7B91 5-pillar Oct 4, 2026
Copart, Inc. (CPRT) Same industry, near in market value$27.22 Oct 2, 2026$25.2B88 5-pillar Oct 4, 2026
Thomson Reuters (TRI) — this page$97.62$42.6B80
UL Solutions Inc. (ULS) Same industry, near in market value$65.99 Oct 2, 2026$13.3B80 5-pillar Oct 4, 2026
Rentokil Initial plc (RTO) Same industry, near in market value$19.95 Oct 2, 2026$10.0B78 5-pillar Oct 4, 2026
Vertiv Holdings Co (VRT) Named competitor$252.18 Oct 2, 2026$97.1B77 5-pillar Oct 4, 2026
CSX Corporation (CSX) Named competitor$47.43 Oct 2, 2026$87.9B72 5-pillar Oct 4, 2026
UniFirst Corporation (UNF) Same industry, near in market value$251.78 Oct 2, 2026$4.57B71 5-pillar Oct 4, 2026
Johnson Controls International plc (JCI) Named competitor$156.24 Oct 2, 2026$94.6B70 5-pillar Oct 4, 2026
Canadian Pacific Kansas City Ltd. (CP) Named competitor$85.94 Oct 2, 2026$75.6B67 5-pillar Oct 4, 2026
First Advantage Corporation (FA) Same industry, near in market value$18.09 Oct 2, 2026$3.10B64 5-pillar Oct 4, 2026
Quanta Services, Inc. (PWR) Named competitor$676.56 Oct 2, 2026$102B62 5-pillar Oct 4, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Industrials stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$85.00 – $183.00
Consensus target
$133.25
Median target
$132.50

Consensus record · Captured .

Measured against a quoted price of $97.62 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Most recent available transactions

Transactions
12
Identified insiders
3
Purchases
0
Sales
0
Other transactions
12

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
92.5% Period end Jun 30, 2026
Previous quarter · ownership
91.8% Prior to period end Jun 30, 2026
Reporting holders
453 Period end Jun 30, 2026
Previous quarter · holders
493 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Woodbridge Co Ltd296,247,085
Invesco Ltd.10,389,479
Royal Bank Of Canada8,003,836
1832 Asset Management L.P.7,671,208
Morgan Stanley4,435,768

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What Investors Ask About Thomson Reuters (TRI) — Industrials

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

What will Global Print becoming discontinued operations change?

Global Print will be presented outside continuing operations, changing the reported perimeter for comparisons with earlier periods. Readers will need to separate accounting presentation changes from underlying movement in the continuing professional-information businesses.

Sources (as of 2026-09-12): Business description; Management outlook — dated call excerpts

What is Domínio expected to contribute to Thomson Reuters tax growth?

Management expects a product-line extension at Domínio in Brazil to support faster Tax and Accounting Professionals growth, alongside newer AI-driven offerings and a revenue-recognition timing benefit.

Sources (as of 2026-09-12): Management outlook — dated call excerpts

Why might Thomson Reuters government growth soften after improving?

Management said the improvement included transactional revenue that is not expected to recur at the same level. Softer reported growth could therefore reflect normalization of that contribution rather than deterioration across the entire government workflow business.

Sources (as of 2026-09-12): Management outlook — dated call excerpts

Reuters News supplies business, financial and international coverage to media organizations, professionals and the public, including through events. It is a separate operating pillar beside the content-rich software and workflow products sold to legal, corporate, tax and accounting customers.

Sources (as of 2026-09-12): Business description

What is the TRI stock price today?

The last price recorded on this page for Thomson Reuters Corporation (TRI) is $97.62, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the TRI price target?

The analyst consensus price target for Thomson Reuters Corporation (TRI) is $133.25 (range $85.00 to $183.00, median $132.50), per FMP data captured Oct 4, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Does TRI pay a dividend?

Yes. Thomson Reuters Corporation (TRI) shows a trailing 12-month dividend yield of 4.10%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment; Operating cash flow by quarter (USD millions); Management outlook — dated call excerpts

Sources — records for every figure on this page (81 figures)

The 81 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsGary Bischoping (Aug 5, 2026): Government growth improved to 5% year-over-year from 1% in Q1, though we anticipate a softer growth rate in Q3 as certain transactional revenue in the quarter is not expected to recur at the same level. Gary Bischoping (Aug 5, 2026): We continue to see 2026 adjusted EBITDA margins of approximately 40%, and we expect free cash flow of approximately $2.1 billion. Gary Bischoping (Aug 5, 2026): We continue to expect TAAP revenue growth to accelerate in the second half, driven by rising revenue contribution from our newer AI-driven offerings in the U.S., a key product line extension at Domínio in Brazil, and the benefit from the revenue recognition timing change I just mentioned. Gary Bischoping (Aug 5, 2026): Beginning with our Q3 results, we intend to report Global Print as discontinued operations in our financial statements.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business address19 Duncan Street, Toronto, A6, M5H 3H1OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "333 Bay Street, Toronto, ON, M5H 3H1, CA".

FMP — 70 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateNov 3, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$97.62FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T21:04:47.759Z.
px.changeChange on the day-1.75%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$42.6BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:01.000Z. Captured from FMP at 2026-10-04T21:04:46.469Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$1.74FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$1.95BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$76.28–$166.97FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)26.10FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day1.74MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.17FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveStephen John HaskerFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees27,100FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $6.35B, net result $5.69B; FY2022 revenue $6.63B, net result $1.34B; FY2023 revenue $6.79B, net result $2.69B; FY2024 revenue $7.26B, net result $2.21B; FY2025 revenue $7.48B, net result $1.50BFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsElectronic Software And Services $6.99BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)66.5%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$1.95BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$0.00Period end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$558.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$2.09BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$704.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31$636.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$2.01BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$729.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$378.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$1.78BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$674.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$593.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-08-05.revenue_actualRevenue · reported — report date 2026-08-05$1.93BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-05.revenue_estimatedRevenue · estimate — report date 2026-08-05$1.89BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-05.eps_actualEPS · reported — report date 2026-08-05$0.9900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-05.eps_estimatedEPS · estimate — report date 2026-08-05$0.9600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-05.revenue_actualRevenue · reported — report date 2026-05-05$2.04BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-05.revenue_estimatedRevenue · estimate — report date 2026-05-05$2.00BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-05.eps_actualEPS · reported — report date 2026-05-05$1.2300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-05.eps_estimatedEPS · estimate — report date 2026-05-05$1.1800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-05.revenue_actualRevenue · reported — report date 2026-02-05$2.00BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-05.revenue_estimatedRevenue · estimate — report date 2026-02-05$2.01BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-05.eps_actualEPS · reported — report date 2026-02-05$1.0700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-05.eps_estimatedEPS · estimate — report date 2026-02-05$1.0900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.revenue_actualRevenue · reported — report date 2025-11-04$1.80BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.revenue_estimatedRevenue · estimate — report date 2025-11-04$1.78BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.eps_actualEPS · reported — report date 2025-11-04$0.8500Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.eps_estimatedEPS · estimate — report date 2025-11-04$0.8100Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$576.31MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$894.69MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$636.24MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$3.18BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value3.85×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$894.69MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31$505.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$172.39MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$156.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$767.87MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$160.42MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30$697.48MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$160.19MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$85.00 – $183.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$133.25FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$132.50FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP12 transactions · 0 purchases, 0 sales, 12 other transactions · 3 identified insiders · most recent available transactionsFMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership92.5%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership91.8%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders453FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders493FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesWoodbridge Co Ltd — shares in provider snapshot296,247,085FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesInvesco Ltd. — shares in provider snapshot10,389,479FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesRoyal Bank Of Canada — shares in provider snapshot8,003,836FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.shares1832 Asset Management L.P. — shares in provider snapshot7,671,208FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesMorgan Stanley — shares in provider snapshot4,435,768FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 7 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-02 · Expired observation
fin.scoresDistress and quality screensAltman Z 5.10 · Piotroski F 7UNRECORDEDStored financial-scores observation — Captured 2026-10-04

COMPUTED — 5 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments73.92×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $576.31M at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$4.01COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 5 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-04, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months4.10%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-08-05.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($1.93B) with the recorded estimate ($1.89B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-08-05.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.9900) with the recorded estimate ($0.9600) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v280 of 100 · Exceptional · pillars 90 / 79 / 49 / 58 / 51OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement80 (stored snapshot Oct 3, 2026) → 80 (current publication computed Oct 4, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-08-05. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-08-05.revenue_actual, earn.history.depth.2026-08-05.revenue_estimated, earn.history.depth.2026-08-05.revenue_actual.comparison, earn.history.depth.2026-08-05.eps_actual.comparison, earn.history.depth.2026-08-05.eps_actual, earn.history.depth.2026-08-05.eps_estimated, earn.history.depth.2026-05-05.revenue_actual, earn.history.depth.2026-05-05.revenue_estimated, earn.history.depth.2026-05-05.eps_actual, earn.history.depth.2026-05-05.eps_estimated, earn.history.depth.2026-02-05.revenue_actual, earn.history.depth.2026-02-05.revenue_estimated, earn.history.depth.2026-02-05.eps_actual, earn.history.depth.2026-02-05.eps_estimated, earn.history.depth.2025-11-04.revenue_actual, earn.history.depth.2025-11-04.revenue_estimated, earn.history.depth.2025-11-04.eps_actual, earn.history.depth.2025-11-04.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Thomson Reuters Corporation delivers essential business information services worldwide, with operations spanning the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. The company is structured into five distinct divisions: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. For legal professionals, including law firms and governmental bodies, the Legal Professionals segment furnishes integrated workflow solutions. These comprehensive offerings blend specialized content, sophisticated tools, and powerful analytics to enhance legal research and operational efficiency. The Corporates segment provides a robust suite of technology solutions, infused with critical content, tailored for professionals navigating corporate legal, tax, regulatory, compliance, and IT landscapes. Serving tax, accounting, and audit specialists primarily within accounting firms, the Tax & Accounting Professionals division focuses on delivering research and workflow products that streamline tax processes and automate related tasks. Reuters News operates as a global news agency, supplying vital business, financial, and international news to media organizations, industry professionals, and the general public, also through industry events. Finally, the Global Print segment continues to offer legal and tax information, predominantly in print format, to its clientele, which includes legal and tax professionals, government entities, law schools, and corporations. The entity, originally known as The Thomson Corporation, officially adopted the name Thomson Reuters Corporation in April 2008. Established in 1851, its global headquarters are situated in Toronto, Canada, and it functions as a subsidiary of The Woodbridge Company Limited.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Sector / industry (provider taxonomy)
Industrials / Specialty Business Services

The company's SEC filings classify it under SIC 2741 — Miscellaneous Publishing.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
Electronic Software And Services: $6.99B
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$172.39M, Operating cash flow: $894.69M
  • Quarter ended 2026-03-31 — Capital expenditure: -$156.00M, Operating cash flow: $505.00M
  • Quarter ended 2025-12-31 — Capital expenditure: -$160.42M, Operating cash flow: $767.87M
  • Quarter ended 2025-09-30 — Capital expenditure: -$160.19M, Operating cash flow: $697.48M
  • Quarter ended 2025-06-30 — Capital expenditure: -$165.86M, Operating cash flow: $763.75M
  • Quarter ended 2025-03-31 — Capital expenditure: -$150.54M, Operating cash flow: $443.66M
  • Quarter ended 2024-12-31 — Capital expenditure: -$156.77M, Operating cash flow: $551.79M
  • Quarter ended 2024-09-30 — Capital expenditure: -$149.63M, Operating cash flow: $759.17M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Management outlook — dated call excerpts
Captured record · 4 entries
  • Call of 2026-08-05 — Quote: Government growth improved to 5% year-over-year from 1% in Q1, though we anticipate a softer growth rate in Q3 as certain transactional revenue in the quarter is not expected to recur at the same level., Speaker: Gary Bischoping
  • Call of 2026-08-05 — Quote: We continue to see 2026 adjusted EBITDA margins of approximately 40%, and we expect free cash flow of approximately $2.1 billion., Speaker: Gary Bischoping
  • Call of 2026-08-05 — Quote: We continue to expect TAAP revenue growth to accelerate in the second half, driven by rising revenue contribution from our newer AI-driven offerings in the U.S., a key product line extension at Domínio in Brazil, and the benefit from the revenue recognition timing change I just mentioned., Speaker: Gary Bischoping
  • Call of 2026-08-05 — Quote: Beginning with our Q3 results, we intend to report Global Print as discontinued operations in our financial statements., Speaker: Gary Bischoping

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-08-05OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $0, Revenue: $7.48B, Period end: 2025-12-31, Net result: $1.50B
  • FY2024 — R&D: $0, Revenue: $7.26B, Period end: 2024-12-31, Net result: $2.21B
  • FY2023 — R&D: $0, Revenue: $6.79B, Period end: 2023-12-31, Net result: $2.69B
  • FY2022 — R&D: $0, Revenue: $6.63B, Period end: 2022-12-31, Net result: $1.34B
  • FY2021 — R&D: $0, Revenue: $6.35B, Period end: 2021-12-31, Net result: $5.69B
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $1.01 per share, R&D: $0, SG&A: $0, EPS basic: $1.01 per share, EPS basis: diluted, Revenue: $1.95B, EPS diluted: $1.01 per share, Net result: $448.00M, Gross profit: $743.00M, Operating result: $558.00M
  • Quarter ended 2026-03-31 — EPS: $1.03 per share, R&D: $0, SG&A: $704.00M, EPS basic: $1.03 per share, EPS basis: diluted, Revenue: $2.09B, EPS diluted: $1.03 per share, Net result: $459.00M, Gross profit: $1.59B, Operating result: $636.00M
  • Quarter ended 2025-12-31 — EPS: $0.76 per share, R&D: $0, SG&A: $729.00M, EPS basic: $0.76 per share, EPS basis: diluted, Revenue: $2.01B, EPS diluted: $0.76 per share, Net result: $332.00M, Gross profit: $1.52B, Operating result: $378.00M
  • Quarter ended 2025-09-30 — EPS: $0.94 per share, R&D: $0, SG&A: $674.00M, EPS basic: $0.94 per share, EPS basis: diluted, Revenue: $1.78B, EPS diluted: $0.94 per share, Net result: $423.00M, Gross profit: $1.35B, Operating result: $593.00M
  • Quarter ended 2025-06-30 — EPS: $0.69 per share, R&D: $0, SG&A: $670.00M, EPS basic: $0.69 per share, EPS basis: diluted, Revenue: $1.78B, EPS diluted: $0.69 per share, Net result: $313.00M, Gross profit: $1.35B, Operating result: $436.00M
  • Quarter ended 2025-03-31 — EPS: $0.96 per share, R&D: $0, SG&A: $644.00M, EPS basic: $0.96 per share, EPS basis: diluted, Revenue: $1.90B, EPS diluted: $0.96 per share, Net result: $434.00M, Gross profit: $1.45B, Operating result: $563.00M
  • Quarter ended 2024-12-31 — EPS: $1.26 per share, R&D: $0, SG&A: $690.00M, EPS basic: $1.27 per share, EPS basis: diluted, Revenue: $1.91B, EPS diluted: $1.26 per share, Net result: $587.00M, Gross profit: $1.42B, Operating result: $722.00M
  • Quarter ended 2024-09-30 — EPS: $0.67 per share, R&D: $0, SG&A: $674.00M, EPS basic: $0.67 per share, EPS basis: diluted, Revenue: $1.72B, EPS diluted: $0.67 per share, Net result: $301.00M, Gross profit: $1.29B, Operating result: $415.00M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-08-05 — EPS actual: $0.99 per share, EPS estimated: $0.96 per share, Revenue actual: $1.93B, Revenue estimated: $1.89B
  • Reported 2026-05-05 — EPS actual: $1.23 per share, EPS estimated: $1.18 per share, Revenue actual: $2.04B, Revenue estimated: $2.00B
  • Reported 2026-02-05 — EPS actual: $1.07 per share, EPS estimated: $1.09 per share, Revenue actual: $2.00B, Revenue estimated: $2.01B
  • Reported 2025-11-04 — EPS actual: $0.85 per share, EPS estimated: $0.81 per share, Revenue actual: $1.80B, Revenue estimated: $1.78B
  • Reported 2025-08-06 — EPS actual: $0.87 per share, EPS estimated: $0.83 per share, Revenue actual: $1.80B, Revenue estimated: $1.81B
  • Reported 2025-05-01 — EPS actual: $1.12 per share, EPS estimated: $1.06 per share, Revenue actual: $1.90B, Revenue estimated: $1.80B
  • Reported 2025-02-06 — EPS actual: $1.01 per share, EPS estimated: $0.97 per share, Revenue actual: $1.90B, Revenue estimated: $1.87B
  • Reported 2024-11-05 — EPS actual: $0.8 per share, EPS estimated: $0.78 per share, Revenue actual: $1.76B, Revenue estimated: $1.74B
2026-08-05FMPFinancial Modeling Prep (FMP) earnings
Cash, investments and debt
Total debt: $3.18B; Liquidity basis: cash and short-term investments; Total liabilities: $6.95B; Cash and short-term investments: $576.31M; Cash and investments: $1.21B; Long-term investments: $636.24M; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and investment components
Total basis: cash short and long-term investments; Total: $1.21B; Cash and short-term investments: $576.30M; Long-term investments: $636.20M; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $576.30M, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $401.30M, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $605.00M, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $617.40M, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $727.00M, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $1.41B, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $1.89B, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $1.63B, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash decline over the reported window
To: 2026-06-30; From: 2024-09-30; Periods: 7; Cash basis: cash and short-term investments; Closing balance: $576.30M; Decline: $1.05B; Opening balance: $1.63B; Average change per period: $150.10M

Change in cash, cash equivalents and short-term investments between the 2024-09-30 and 2026-06-30 balance sheets.; This is a balance change, not operating burn: financing and investing move it too.; Averaged over 7 reporting periods of unequal length.

2026-06-30COMPUTEDComputed from reported balances
Distress and quality screens
Altman Z-score: 5.04; Piotroski F-score: 7

Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-11-03; EPS estimate: $0.89 per share; Revenue estimate: $1.94B

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2025 — EPS average: $3.99 per share, Revenue average: $7.53B, Revenue low: $7.51B, Revenue high: $7.54B, Analysts (revenue): 8
  • FY2026 — EPS average: $4.48 per share, Revenue average: $8.21B, Revenue low: $8.18B, Revenue high: $8.27B, Analysts (revenue): 11
  • FY2027 — EPS average: $5.12 per share, Revenue average: $8.79B, Revenue low: $8.77B, Revenue high: $8.82B, Analysts (revenue): 9
  • FY2028 — EPS average: $5.78 per share, Revenue average: $9.55B, Revenue low: $9.05B, Revenue high: $9.77B, Analysts (revenue): 8
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Trailing twelve-month ratio set
Quick ratio: 0.51; Current ratio: 0.51; Debt to equity: 0.29; Net margin: 21.2%; Gross margin: 66.5%; Operating margin: 27.6%; Return on assets: 9.2%; Return on equity: 14.3%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Institutional ownership (13F)
Holders: 450; Quarter: 2026-06-30; Ownership: 92.3%; Holders previous quarter: 493; Ownership previous quarter: 91.8

13F filings are quarterly and lag the quarter end by up to 45 days.

2026-06-30FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings
Largest 5 institutional holders
Captured record · 5 entries
  • Holder: Woodbridge Co Ltd, Shares: 296,247,085
  • Holder: Invesco Ltd., Shares: 10,389,479
  • Holder: Royal Bank Of Canada, Shares: 8,003,836
  • Holder: 1832 Asset Management L.P., Shares: 7,671,208
  • Holder: Morgan Stanley, Shares: 4,435,768
2026-06-30FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.