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Thomson Reuters Faces 5% Print Decline As AI Competition Intensifies!

Thomson Reuters reported a solid start to 2026 with total organic revenue growth of 8% in the first quarter, slightly ahead of prior expectations, supported by 9% growth in its three core segments—Legal Professionals, Corporates, and Tax, Audit & Accounting Professionals. Adjusted EBITDA rose 9% to $881 million, maintaining a margin of 42.2%, and adjusted earnings per share increased 10% to $1.23. Free cash flow improved 19% year-over-year to $332 million, driven primarily by EBITDA growth. The company reaffirmed its full-year guidance of 7.5% to 8% organic revenue growth, with an anticipated 9.5% growth in the core segments and a 100 basis point margin expansion to approximately 40%. Key product drivers included double-digit growth from AI-enabled offerings such as CoCounsel, Westlaw Advantage, Pagero, SafeSend, and SurePrep.