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How Equifax (EFX) makes money

Equifax (EFX) made $1.7B of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Of every dollar of revenue, 21¢ was left as operating profit, 13¢ was left as net earnings.

Drawing the Sankey…

Equifax revenue by quarterEquifax revenue by quarter$1.4BQ1 2025$1.5BQ2 2025$1.5BQ3 2025$1.6BQ4 2025$1.6BQ1 2026$1.7BQ2 2026$1.7BQ3 2026
Equifax: where each dollar of revenue goesEquifax: where each dollar of revenue goesOperating profit21¢Income tax5¢Net earnings13¢Operating cash flow33¢Free cash flow26¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.7B100.0%
Operating profit$355M21.0%
Income tax$83.4M4.9%
Net earnings$212M12.5%
Operating cash flow$560M33.1%
Free cash flow$437M25.8%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.7B+10%
Q2 2026$1.7B+11%
Q1 2026$1.6B+14%
Q4 2025$1.6B+9%
Q3 2025$1.5B+7%
Q2 2025$1.5B+7%
Q1 2025$1.4B+4%

From Equifax's 10-Q filed Oct 20, 2026 (on EDGAR).

Questions

How does Equifax make money?

Equifax (EFX) made $1.7B of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Of every dollar of revenue, 21¢ was left as operating profit, 13¢ was left as net earnings.

What is Equifax's profit margin?

Net earnings were $212M, 12.5% of revenue, in the third quarter 2026; the operating margin was 21.0%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.