Thomson Reuters revenue and financials
Secondary listing. The primary listing is Thomson Reuters · TSX (CAD)
$98.09Change from previous close: +1.04%Absolute change: +$1.01
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 920 | 505 | 756 | 704 | 746 | 445 | 564 | 756 | 705 | 432 | 705 | 674 |
| Depreciation and amortization | 52.0 | 52.0 | 53.0 | 52.0 | 52.0 | 52.0 | 48.0 | 51.0 | 52.0 | 53.0 | 54.0 | 52.0 |
| Capital expenditure | -177 | -156 | -158 | -162 | -163 | -151 | -161 | -149 | -152 | -145 | -132 | -145 |
| Investing cash flow | -206 | -367 | -205 | -141 | -182 | -756 | -69.0 | -206 | 324 | 631 | -223 | 435 |
| Financing cash flow | -537 | -248 | -658 | -607 | -1,275 | -288 | -252 | -492 | -1,245 | -470 | -1,702 | -1,449 |
| Dividends paid | -276 | -281 | -257 | -261 | -261 | -260 | -237 | -237 | -237 | -238 | -216 | -219 |
| Share repurchases | -705 | -262 | -330 | -670 | 0.0 | — | — | — | -287 | -352 | -361 | — |
| Debt issued | 983 | 322 | -49.0 | 339 | 0.0 | — | — | — | — | 564 | — | — |
| Debt repaid | -515 | -16.0 | -16.0 | -15.0 | -1,015 | -17.0 | -17.0 | -257 | -719 | -63.0 | -1,127 | -1,227 |
| Effect of exchange rates | 0.0 | -1.0 | 0.0 | -2.0 | 4.0 | 2.0 | -6.0 | 3.0 | -3.0 | -2.0 | 2.0 | -2.0 |
| Net change in cash | 177 | -111 | -107 | -46.0 | -707 | -597 | 237 | 61.0 | -219 | 591 | -1,218 | -342 |
| Free cash flow | 743 | 349 | 598 | 542 | 583 | 294 | 403 | 607 | 553 | 287 | 573 | 529 |
| Levered free cash flow | 915 | 208 | 227 | 759 | 484 | 149 | 371 | 360 | 112 | 178 | 737 | 236 |