Equifax’s Vault Verify Acquisition: Can It Supercharge TWN & Government Growth?

Equifax Inc.’s results for the third quarter of 2025 reflect a period of robust revenue growth intertwined with complex operational adjustments. The company reported a revenue of $1.54 billion, marking a growth of over 7% in both constant currency and reported dollars. This performance surpassed the guidance provided in July by $25 million, primarily courtesy of strong performance in U.S. mortgage, Employment & Income Verification (EWS), and U.S. Information Solutions (USIS) non-mortgage sectors. On a positive note, U.S. mortgage revenue showed a solid increase of 13%, significantly influenced by stronger market conditions and a slight drop in mortgage rates. The anticipated savings from Equifax’s restructuring and the advancement towards a cloud infrastructure are a key strategy focus, although currently burdened by a $44 million restructuring charge. This move towards digital transformation is projected to deliver annual savings of about $30 million by 2026.