Thomson Reuters Sees Q3 Organic Revenue Growth of About 9% Excluding Global Print

By Public Technologies
  • Thomson Reuters’ third-quarter 2026 outlook excluding Global Print implies approximately 9% organic revenue growth, with an approximately 35% adjusted EBITDA margin.
  • The August 5 outlook, including Global Print, projected approximately 8% organic revenue growth, with an approximately 36% adjusted EBITDA margin.
  • A 51% Global Print stake was sold to KKR-advised capital accounts on October 1, 2026, forming the Westbridge Print joint venture.
  • The transaction remains approximately neutral to adjusted EBITDA margin following closing, with expected annual organic revenue growth accretion of 60–70 basis points.
  • Royalty payments and transition-service reimbursements should largely offset stranded costs from the fourth quarter; revised full-year guidance is due November 3, 2026.


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