Strong Financial Performance: Thomson Reuters reported a 7% organic revenue growth in Q2 2025, with the Big 3 segments (Legal, Corporate, and Tax & Accounting) growing by 9%. Adjusted EBITDA increased by 5% to $678 million, resulting in a 70 basis point margin improvement to 37.8% year-over-year, which surpassed expectations due to healthy operating leverage and favorable expense timing.
Product Innovation with Agentic AI: The company continues to focus on leveraging agentic AI for product offerings, particularly in Legal and Tax & Accounting. New products such as CoCounsel for Tax and agentic AI capabilities in Westlaw are expected to significantly improve workflows, efficiency, and client outcomes. Initial customer feedback on these innovative solutions has been encouraging.
Reaffirmed Full-Year Guidance: Thomson Reuters maintained its forecast for organic revenue growth between 7% and 7.5% for 2025, with margins expected to rise 75 basis points to approximately 39%. They also projected free cash flow around $1.9 billion, emphasizing a strong underlying operational performance.