NASDAQ · TRI

Thomson Reuters financials

$96.24−1.12%

Close Sep 29, 2026 · split-adjusted

Quarterly Annual

Revenue

5.50BFY18

5.91BFY19

5.98BFY20

6.35BFY21

6.63BFY22

6.79BFY23

7.26BFY24

7.48BFY25

Net income

3.93BFY18

1.56BFY19

1.12BFY20

5.69BFY21

1.34BFY22

2.69BFY23

2.21BFY24

1.50BFY25

Income statement & cash flow

Fiscal year	FY25 Dec 31	FY24 Dec 31	FY23 Dec 31	FY22 Dec 31	FY21 Dec 31	FY20 Dec 31	FY19 Dec 31	FY18 Dec 31
Revenue	$7.48B	$7.26B	$6.79B	$6.63B	$6.35B	$5.98B	$5.91B	$5.50B
Gross profit	$7.48B	$7.26B	$6.79B	$6.63B	$6.35B	$5.98B	$5.91B	$5.50B
Gross margin	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Operating income	$2.13B	$2.11B	$2.33B	$1.83B	$1.21B	$1.19B	$776.0M	$780.0M
Net income	$1.50B	$2.21B	$2.69B	$1.34B	$5.69B	$1.12B	$1.56B	$3.93B
Net margin	20.1%	30.4%	39.7%	20.2%	89.6%	18.8%	26.4%	71.5%
Diluted EPS	$3.38	$4.97	$5.89	$2.79	$12.12	$2.37	$3.28	$6.20
EBITDA	$3.06B	$2.93B	$3.06B	$2.56B	$1.98B	$1.99B	$1.49B	$1.40B
Operating cash flow	$2.65B	$2.46B	$2.34B	$1.92B	$1.77B	$1.75B	$702.0M	$2.06B
Free cash flow	$2.02B	$1.85B	$1.80B	$1.32B	$1.29B	$1.24B	$197.0M	$1.49B
Diluted shares	442.6M	444.3M	456.8M	477.4M	469.3M	472.7M	476.9M	634.2M

Balance sheet

Period end	Dec 31	Dec 31	Dec 31	Dec 31	Dec 31	Dec 31
Cash & equivalents	$511.0M	$1.97B	$1.30B	$1.07B	$778.0M	$1.79B
Short-term investments	$94.0M	$35.0M	$0.00	$0.00	—	—
Total debt	$2.23B	$2.93B	$3.28B	$4.76B	$3.79B	$3.77B
Total assets	$17.94B	$18.44B	$18.68B	$21.71B	$22.15B	$17.88B
Total liabilities	$6.03B	$6.43B	$7.62B	$9.83B	$8.31B	$7.90B
Shareholders' equity	$11.91B	$12.01B	$11.06B	$11.88B	$13.83B	$9.98B

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology