Thomson Reuters releases transcript of Q2 2026 earnings call
Reuters2026/08/05 19:56- Thomson Reuters posted the transcript of its Q2 2026 earnings call attended by CEO Stephen Hasker, CFO Gary Bischoping, IR head Gary Bisbee.
- Raised 2026 outlook for total organic revenue growth to about 8%; lifted Big 3 organic revenue growth view to 9.5%-10%.
- Signed definitive deal with KKR to sell 51% of Global Print for about $500 million; expects Q4 close; plans discontinued-ops treatment from Q3.
- Forecast Global Print deal to add 60-70 bps to organic revenue growth; royalty set at 20% of JV professional revenue; margin impact near neutral.
- Reported Q2 organic revenue growth of 8%; adjusted EBITDA $745 million; adjusted EPS $0.99; free cash flow $727 million.
- CoCounsel topped 1,000,000 users; management cited rising daily usage; next-generation, fully agentic CoCounsel Legal set for broader launch this month.
- Unveiled production-ready Thomson LLM; about $40 million invested; trained on under 10% of legal content; Tabular Analysis to run on Thomson this month.
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