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Mar 31

TransUnion Q1 2025 Earnings Report

TransUnion exceeded Q1 2025 financial guidance across all key metrics and delivered robust earnings growth.

Key Takeaways

TransUnion delivered strong Q1 2025 results with revenue and profit growth driven by U.S. Financial Services and stable international performance. Adjusted EBITDA and earnings per share showed significant improvements.

Revenue grew 7% YoY to $1.10 billion, with 8% organic growth on a constant currency basis.

Net income surged to $148.1 million, more than doubling YoY, aided by a legal accrual reversal.

Adjusted EBITDA margin expanded to 36.2%, up from 35.1% last year.

The company reaffirmed full-year 2025 guidance for organic constant currency revenue growth between 4.5% and 6%.

Total Revenue
$1.1B
Previous year: $1.02B
+7.3%
EPS
$1.05
Previous year: $0.92
+14.1%
Adjusted EBITDA
$397M
Previous year: $358M
+10.9%
Adj. EBITDA Margin
36.2%
Previous year: 35.1%
+3.1%
Cash and Equivalents
$610M
Previous year: $434M
+40.7%

TransUnion

TransUnion

TransUnion Revenue by Segment

TransUnion Revenue by Geographic Location

Forward Guidance

TransUnion maintained its full-year 2025 guidance amid strong Q1 results, while acknowledging potential market risks ahead.

Positive Outlook

  • Q1 outperformance supports confidence in full-year outlook.
  • Organic constant currency revenue growth guided at 4.5% to 6%.
  • Expected benefit of 1% from recent acquisitions in Q2 2025.
  • 2% revenue growth contribution from mortgage sector anticipated.
  • Adjusted EBITDA margin expected to stay above 35%.

Challenges Ahead

  • Anticipated 1% currency headwind for Q2 and FY2025.
  • Q2 2025 net income projected to decline YoY.
  • Adjusted EPS growth guided to flat or slightly down in Q2.
  • Macroeconomic risks remain elevated.
  • Cash from operations impacted by higher bonus payouts and AR timing.