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Thomson Reuters reports higher second-quarter revenue

ReutersAug 6, 2025 10:42 AM

Aug 6 (Reuters) - Thomson Reuters TRI.TO reported higher second-quarter revenue on Wednesday, during a period when it launched new AI features in its tax and accounting and legal divisions.

The Toronto-based content and technology company reported a 3% rise in quarterly revenue to $1.78 billion for the period ending June 30, against $1.74 billion a year ago and analyst expectations of $1.79 billion according to LSEG data.

The company, which owns the Westlaw legal database, Reuters news agency and the Checkpoint tax and accounting service, reported second-quarter adjusted earnings per share of 87 cents. Wall Street expected a profit of 82 cents per share.

Shares of Thomson Reuters have risen 19% in the year-to-date, outpacing the S&P 500 .SPX, which rose 7% over the same period.

"We saw good momentum continue in the second quarter, with revenue in-line and margins modestly ahead of our expectations," Steve Hasker, CEO of Thomson Reuters said in a prepared statement.

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