Thomson Reuters Corp. (TRI) delivered its fourth-quarter fiscal 2025 results on Thursday, and the message from the top was clear: artificial intelligence isn't just a buzzword at the data and information giant—it's actually moving the needle.

The company posted revenue of $2.009 billion, up 5% from the prior year and just above the $2.001 billion analysts were expecting. More impressive was the organic revenue growth of 7%, powered by a 9% surge across what Thomson Reuters calls its "Big 3" segments—Legal Professionals, Corporates, and Tax and Accounting Professionals.

Adjusted earnings per share rose 6% to $1.07, topping the $1.06 estimate. GAAP diluted EPS, however, fell 43% to 74 cents from $1.30, but that's largely a reflection of other operating gains in the prior year tied to the sale of FindLaw.

Operating profit decreased 25% to $540 million, again due to those prior-year gains from the FindLaw divestiture. But the underlying story was healthier: recurring revenue, which now makes up 84% of total revenue, grew 6%, while transaction revenue jumped 11%. The only drag was Global Print, which declined 6%.

Adjusted EBITDA climbed 8% to $777 million, with the margin expanding to 38.7% from 37.6%. Cash generation was strong too—net cash from operations rose 35% to $756 million, and free cash flow increased 38% to $581 million.

Breaking Down the Segments

The Legal Professionals unit saw revenue edge up 1% to $738 million, even with the headwind from last year's FindLaw disposal. Strip that out, and organic growth hit 9%, fueled by strength in Westlaw, CoCounsel, and Practical Law. Adjusted EBITDA rose 9% to $327 million, with margins improving to 44.3%.

Corporates revenue grew 7% to $496 million, with organic revenues up 9% despite the sale of certain non-core businesses. The adjusted EBITDA margin for this segment came in at 32.2%.

Tax and Accounting Professionals posted the strongest performance, with revenue climbing 13% to $414 million, helped along by the SafeSend acquisition. Organic revenue growth was 11%, and adjusted EBITDA jumped 14% to $222 million, pushing the margin to an impressive 53.6%.

Reuters News revenue increased 6% (5% organically) to $232 million, driven by higher generative AI-related transactional content licensing revenue in the Agency business, along with a contractual price bump from the company's news agreement with London Stock Exchange Group. Adjusted EBITDA for this segment was $48 million with a 21.0% margin.

Global Print continued its decline, with revenue falling 6% to $136 million and adjusted EBITDA slipping 2% to $54 million. Corporate costs ticked up to $34 million from $30 million.

AI Taking Center Stage

CEO Steve Hasker made it clear that AI is more than a buzzword for Thomson Reuters—it's delivering concrete results. "We are seeing tangible benefits from our continued investments in AI," he said, noting that these investments are speeding up product innovation and reshaping how the company operates.

Looking ahead to 2026, Hasker said the company will scale its agentic capabilities to help customers work faster and with greater clarity and confidence, reinforcing the value of professional-grade tools built on high-quality content and deep expertise.

What's Ahead

For 2026, Thomson Reuters expects revenue between $8.037 billion and $8.074 billion, compared with the consensus estimate of $8.051 billion. The company is guiding for total revenue growth of 7.5%-8.0%, organic growth of 7.5%-8.0%, an adjusted EBITDA margin of approximately 40.2%, and free cash flow of around $2.1 billion.

Despite the solid results and optimistic outlook, Thomson Reuters shares were down 7.72% at $97.00 at the time of publication on Thursday.