TransUnion Raises Full-Year Outlook, Provides Q4 Guidance

TransUnion beat Q3 2025 expectations, reporting adjusted EPS of $1.10, GAAP net income of $96.6 million ($0.49/share), and revenue of $1.17 billion, roughly 7.7–8% year-over-year. Management raised full-year guidance to adjusted EPS of $4.19–$4.25 (midpoint ≈ $4.22) and revenue of $4.52–$4.54 billion, and provided Q4 guidance of $0.97–$1.02 adjusted EPS and $1.119–$1.139 billion in revenue. Executives cited robust demand for credit reports and improving profitability, with operating margin around 17.8% and free cash flow margin near 20.6%, underpinning the upgraded outlook. The company’s growth was led by its U.S. financial-services business alongside contributions from emerging verticals and international markets. Despite the beat and higher guidance, TransUnion shares have materially underperformed year-to-date, and near-term stock performance will likely depend on management’s earnings-call commentary and execution in high-growth markets.