What is the primary revenue source for Equifax (EFX)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze EFX's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Equifax's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Equifax Makes Money: EFX Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Steady

Revenue and operating profit grew together, indicating healthy core operations.

Revenue: USD 3.35B
Largest revenue segment share (Verification Services): 35.20%
Selling, general and administrative: USD 833.60M
Income tax expense: USD 134.30M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Income tax expenseIncome tax expense (benefit) · IncomeTaxExpenseBenefit
Largest revenue segment share (Verification Services)Verification Services · segment_value / revenue * 100
RevenueOperating revenue · RevenueFromContractWithCustomerExcludingAssessedTax
Selling, general and administrativeSelling, general and administrative expenses · SellingGeneralAndAdministrativeExpense

Assets

Where is the money tied up, and how is the company financed?

Watch

Current assets do not cover near-term liabilities, indicating short-term funding pressure.

Goodwill accounts for 56.69% of total assets, a high share where impairment could hit earnings and equity.

Goodwill: USD 6.79B
Property, plant and equipment: USD 1.93B
Accounts receivable: USD 1.10B
Total liabilities: USD 7.46B
Shareholder equity: USD 4.40B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

GoodwillGoodwill · Goodwill
Property, plant and equipmentTotal property and equipment, net · PropertyPlantAndEquipmentNet
Shareholder equityTotal shareholders' equity · StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilitiesTotal liabilities · Liabilities
Accounts receivableTrade accounts receivable, net of allowance for doubtful accounts of $20.5 and $20.2 at june 30, 2026 and december 31, 2025, respectively · AccountsReceivableNetCurrent

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 163.67% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 355.40M
Operating cash flow: USD 581.70M
Cash conversion: 163.67%
Free cash flow: USD 326.30M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Net incomeNet income attributable to equifax · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Watch

Dividends and net buybacks exceed free cash flow, raising questions about sustainability.

Cash dividends: USD 133.50M
Share repurchases: USD 560.00M
Stock issuance proceeds: USD 16.80M
Net shareholder return: USD 676.70M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Cash dividendsPayments of ordinary dividends, common stock · PaymentsOfDividendsCommonStock · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)
Stock issuance proceedsProceeds from stock options exercised · ProceedsFromStockOptionsExercised · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?