Filing Flows › Relx (RELX) › How it makes money
How Relx (RELX) makes money
Relx (RELX) made $9.6B of revenue in the H1 2026 (H1 2026), +102% from a year earlier. Risk brought in $3.5B (36%); Scientific, Technical & Medical brought in $2.7B (28%); Legal brought in $1.8B (19%). Of every dollar of revenue, 66¢ was left as gross profit, 32¢ was left as operating profit, 22¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, H1 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Risk | $3.5B | 36.3% | — | +99% |
| Scientific, Technical & Medical | $2.7B | 28.3% | — | +105% |
| Legal | $1.8B | 18.8% | — | +101% |
| Exhibitions | $1.2B | 12.4% | — | +104% |
| Print & print-related activities | $399M | 4.2% | — | +111% |
Where each dollar of revenue goes
| Line | H1 2026 | % of revenue |
|---|---|---|
| Revenue | $9.6B | 100.0% |
| Cost of revenue | $3.2B | 33.7% |
| Gross profit | $6.4B | 66.3% |
| Operating expenses | $3.3B | 34.7% |
| Operating profit | $3.0B | 31.6% |
| Income tax | $672M | 7.0% |
| Net earnings | $2.1B | 21.5% |
| Operating cash flow | $3.7B | 38.9% |
| Free cash flow | $3.7B | 38.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| H1 2026 | $9.6B | +102% |
From Relx's 6-K filed Jul 23, 2026 (on EDGAR).
Questions
How does Relx make money?
Relx (RELX) made $9.6B of revenue in the H1 2026 (H1 2026), +102% from a year earlier. Risk brought in $3.5B (36%); Scientific, Technical & Medical brought in $2.7B (28%); Legal brought in $1.8B (19%). Of every dollar of revenue, 66¢ was left as gross profit, 32¢ was left as operating profit, 22¢ was left as net earnings.
What is Relx's biggest business?
Risk: $3.5B in the H1 2026, 36% of revenue, +99% from a year earlier.
What is Relx's profit margin?
Net earnings were $2.1B, 21.5% of revenue, in the H1 2026; the operating margin was 31.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.