Thomson Reuters management commentary attributes Q3 2026 operating profit decline of 22% mainly to prior-year Elite stake sale gain
Bitget2026/11/04 22:16- Thomson Reuters management commentary attributed third-quarter 2026 operating profit's 22% decline to USD 402 million primarily to the prior-year Elite disposal gain.
- Revenue rose 10%, driven by recurring subscriptions and transaction growth across the three main professional segments.
- Adjusted EBITDA increased 10% to USD 651 million, supported by professional-segment growth and higher Reuters generative AI content licensing revenue.
- Adjusted EBITDA margin slipped to 35.5% from 35.8%, with higher technology and other costs weighing on professional-segment profitability.
- Adjusted earnings benefited from EBITDA growth, partly offset by higher internally developed software amortization and net interest expense.
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