Filing Flows › Relx (RELX) › H1 2026
Relx (RELX) H1 2026 earnings results (H1 2026)
6-K filed Jul 23, 2026
Relx (RELX) reported revenue of $9.6B for the H1 2026 (H1 2026), +102% from a year earlier. Operating margin was 31.6%, net earnings $2.1B (21.5% of revenue).
Relx, H1 2026: revenue $9.6B (+102% year over year), operating margin 31.6%, net earnings $2.1B, operating cash flow $3.7B. The chart follows the revenue to costs, profit and cash.
| H1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.6B | — | +102% |
| Gross profit | $6.4B | — | +102% |
| Operating profit | $3.0B | — | +103% |
| Net earnings | $2.1B | — | +112% |
| Operating cash flow | $3.7B | — | +101% |
| Free cash flow | $3.7B | — | +101% |
What changed
Revenue was £9.6B in H1 2026, up 102% year over year. Risk was the largest line at 36% of revenue. Risk added £1.7B year over year (up 99%), 36% of the total change.
Gross margin was 66.3%, unchanged from a year earlier. Operating profit was £3.0B, a 31.6% margin (up 0.1 points year over year). Of the extra revenue versus a year earlier, 32% reached operating profit, above the 31% margin then. Operating expenses grew 102% against revenue growth of 102%. Net earnings were £2.1B, up 112% year over year. The effective tax rate was 24.4%.
Operating cash flow was £3.7B (up 101% year over year), 180% of net earnings. Working capital and other items added £1.7B. Capital expenditures of £0.02B left free cash flow of £3.7B.
Questions
What was Relx's revenue in the H1 2026?
Relx (RELX) reported revenue of $9.6B for the H1 2026 (H1 2026), +102% from a year earlier.
Was Relx profitable in the H1 2026?
Operating profit was $3.0B (31.6% of revenue) and net earnings $2.1B.
Source: Relx 6-K on SEC EDGAR.