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Adjusted EBITDA Breakdown
Provides a detailed view of earnings before interest, taxes, depreciation, and amortization, adjusted for specific items, to assess operational efficiency and profitability across different segments.Legal Professionals, Corporates and Tax & Accounting are driving the EBITDA expansion—each shows multi‑year growth with pronounced Q1 uplifts that mirror management’s reported 9%+ Big‑3 organic growth and rapid CoCounsel/AI adoption—translating into higher adjusted EBITDA and expanding margins. Corporate costs have materially normalized (less drag), aiding margin recovery, while Reuters and Global Print remain secular drags. Monitor TAP revenue‑timing shifts and rising LLM/integration costs that can compress near‑term (Q2) margins even as management reiterates full‑year margin and cash‑flow targets.
Date | Legal Professionals | Corporates | Tax and Accounting Professionals | Reuters News | Global Print | Corporate Costs |
|---|---|---|---|---|---|---|
Jun 30, 2026 | $371.00M | $200.00M | $120.00M | $48.00M | $42.00M | -$36.00M |
Mar 31, 2026 | $365.00M | $243.00M | $221.00M | $34.00M | $43.00M | -$25.00M |
Dec 31, 2025 | $327.00M | $160.00M | $222.00M | $48.00M | $54.00M | -$34.00M |
Sep 30, 2025 | $354.00M | $174.00M | $78.00M | $42.00M | $46.00M | -$22.00M |
Jun 30, 2025 | $339.00M | $169.00M | $113.00M | $45.00M | $41.00M | -$29.00M |
Mar 31, 2025 | $336.00M | $213.00M | $210.00M | $39.00M | $44.00M | -$33.00M |
Dec 31, 2024 | $299.00M | $153.00M | $196.00M | $45.00M | $55.00M | -$30.00M |
Sep 30, 2024 | $334.00M | $162.00M | $59.00M | $40.00M | $43.00M | -$29.00M |
Jun 30, 2024 | $327.00M | $163.00M | $91.00M | $51.00M | $43.00M | -$29.00M |
Mar 31, 2024 | $342.00M | $193.00M | $181.00M | $60.00M | $47.00M | -$17.00M |