Thomson Reuters revenue and financials
Secondary listing. The primary listing is Thomson Reuters · TSX (CAD)
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In the fiscal year ended December 2025, Thomson Reuters reported revenue of $7.48B (+3.00% year over year). Net income was $1.5B, a net margin of 20.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +3.00%
- 2025 vs 2024
- Net income growth
- −32.04%
- 2025 vs 2024
- Net margin
- 20.1%
- 2024: 30.4%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 7,476 | 7,258 | 6,794 | 6,627 | 6,348 | 5,984 | 5,906 | 5,501 | 5,297 | 11,166 |
| Cost of revenue | 1,809 | 1,791 | 1,560 | 1,585 | — | — | — | — | — | — |
| Gross profit | 5,667 | 5,467 | 5,234 | 5,042 | — | — | — | — | — | — |
| Selling, general and administrative | 2,717 | 2,658 | 2,533 | 2,673 | — | — | — | — | — | — |
| Operating income | 2,132 | 2,109 | 2,332 | 1,834 | 1,242 | 1,929 | 1,199 | 780 | 1,034 | 1,390 |
| EBIT | 2,117 | 2,230 | 2,225 | 2,286 | — | — | — | — | — | — |
| EBITDA | 3,047 | 3,052 | 2,950 | 3,010 | — | — | — | — | — | — |
| Interest expense | 183 | 201 | 237 | 204 | — | — | — | — | — | — |
| Pre-tax income | 1,934 | 2,029 | 1,988 | 2,082 | — | — | — | — | — | — |
| Income tax | 423 | -123 | 417 | 259 | 1,607 | 71.0 | -1,198 | 136 | -134 | -15.0 |
| Net income | 1,502 | 2,210 | 2,695 | 1,338 | 5,689 | 1,122 | 1,564 | 3,933 | 1,395 | 3,098 |
| Net income to common shareholders | 1,498 | 2,205 | 2,690 | 1,335 | — | — | — | — | — | — |
| Basic EPS | 3.34 | 4.89 | 5.81 | 2.76 | 11.53 | 2.25 | 3.12 | 5.89 | 1.94 | 4.14 |
| Diluted EPS | 3.33 | 4.89 | 5.80 | 2.75 | 11.50 | 2.25 | 3.11 | 5.88 | 1.94 | 4.13 |
| Average shares (basic) | 442 | 444 | 456 | 459 | — | — | — | — | — | — |
| Average shares (diluted) | 443 | 444 | 457 | 460 | — | — | — | — | — | — |