Description

Equifax’s $80 Million Mortgage Shortfall — Can AI & Mexico Fuel A Recovery?

Equifax Inc. reported third-quarter 2026 results influenced by a challenging U.S. mortgage market environment. Despite rising 30-year fixed mortgage rates leading to reduced transaction volumes, the company achieved 10% reported revenue growth and 9% constant currency growth, slightly below the midpoint of prior guidance due to an estimated $20 million negative mortgage market impact. Excluding mortgage-related revenues, diversified markets revenue increased 7%, in line with expectations, supported by broad-based growth across business segments including Workforce Solutions, USIS, government, and international markets. Workforce Solutions demonstrated solid performance with diversified markets revenue up 9% and verified diversified markets revenue rising 13%. Talent Solutions notably grew over 20%, benefiting from new products and heightened product penetration, while government revenue increased mid-single digits driven by new state contracts and product innovation. However, mortgage revenue remained flat year-over-year due to market headwinds.