v3.25.4
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2025
Disclosure of operating segments [abstract]  
Revenues and Adjusted EBITDA by Segment

Information by segment and reconciliations to the consolidated income statement are set forth below:

 

(millions of U.S. dollars)

Legal
Professionals

Corporates

Tax, Audit & Accounting Professionals

Reuters

Global Print

Eliminations/ Rounding

Total

Year ended December 31,

2025

2024

2025

2024

2025

2024

2025

2024

2025

2024

2025

2024

2025

2024

Revenues

2,868

2,922

1,987

1,844

1,302

1,165

853

832

490

519

(24)

(24)

7,476

7,258

Staff costs(1)

(874)

(936)

(733)

(678)

(359)

(327)

(468)

(439)

(156)

(171)

-

-

(2,590)

(2,551)

Goods and services(1)

(499)

(539)

(414)

(396)

(298)

(267)

(177)

(166)

(115)

(125)

24

24

(1,479)

(1,469)

Other expenses

(139)

(146)

(124)

(105)

(42)

(44)

(34)

(33)

(34)

(35)

-

-

(373)

(363)

Fair value adjustments on acquired
   deferred revenue

-

1

-

6

20

-

-

2

-

-

-

-

20

9

Reportable segments adjusted EBITDA

1,356

1,302

716

671

623

527

174

196

185

188

-

-

3,054

2,884

Corporate costs

 

 

 

 

 

 

 

 

 

 

 

 

(118)

(105)

Remove fair value adjustments on acquired deferred revenue

 

 

(20)

(9)

Fair value adjustments (see note 5)

 

 

(18)

17

Depreciation

 

 

 

 

 

 

 

 

 

 

 

 

(111)

(113)

Amortization of software

 

 

(721)

(618)

Amortization of other identifiable intangible assets

 

 

(98)

(91)

Other operating gains, net

 

 

164

144

Operating profit

 

 

 

 

 

 

 

 

 

 

 

 

2,132

2,109

Net interest expense

 

 

 

 

 

 

 

 

 

(143)

(125)

Other finance (costs) income

 

 

(55)

45

Share of post-tax (losses) earnings in equity method investments

 

 

(28)

40

Tax (expense) benefit

 

 

(423)

123

Earnings from continuing operations

 

 

1,483

2,192

 

Refer to note 5 for components of staff costs and definition of goods and services.
Summary of Revenues by Classes of Similar Products or Services

 

 

 

Year ended December 31,

(millions of U.S. dollars)

 

2025

 

2024

Electronic, software & services

 

 

6,986

 

6,739

Global Print

 

 

490

 

519

Total

 

 

7,476

 

7,258
Summary of geographical information

Non-current Assets by Geography

 

The following table presents non-current assets by geography:

 

Geographic Information(1)

Non-Current Assets(2)

 

              December 31,

(millions of U.S. dollars)

2025

 

2024

U.S.

7,255

 

7,190

Canada

1,023

 

1,014

Other

188

 

177

Americas

8,466

 

8,381

Switzerland

2,610

 

2,074

U.K.

1,500

 

1,431

Other

662

 

639

EMEA

4,772

 

4,144

Asia Pacific

101

 

104

Total

13,339

 

12,629

 

(1)
Canada represents the Company's country of domicile. Americas represents North America, Latin America and South America and EMEA represents Europe, Middle East and Africa.
(2)
Non-current assets are primarily comprised of property and equipment, software, other identifiable intangible assets, goodwill and investments in equity method investees.