---
schema_version: "secwatch.filing_event.v1"
accession: "0000033185-23-000019"
form_type: "8-K"
ticker: "EFX"
cik: "0000033185"
company_name: "EQUIFAX INC"
filed_at: "2023-04-19T23:59:59+00:00"
generated_at: "2026-06-16T23:56:54.182394+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Equifax Q1 revenue down 4% to $1.302B; EPS $0.91 vs $1.80 YoY; Boa Vista acquisition signed

## Summary
- Revenue $1.302B, down 4% YoY (down 3% local currency); net income $112.4M (-49%); diluted EPS $0.91 (-49%).
- Adjusted EPS $1.43 (-36%); adjusted EBITDA margin 29.2% vs 35.5% YoY.
- Workforce Solutions revenue $596.3M (-8%) with Verification Services down 11%; USIS Online Info down 1%, Mortgage down 23%.
- International constant currency revenue growth 9%; signed deal to acquire Boa Vista (Brazil's #2 credit bureau), close expected Q3 2023.
- On track for $200M spending reductions in 2023 ($120M expense, $80M capital); non-mortgage constant currency revenue growth 10%.

## SEC filing metadata
- accession: 0000033185-23-000019
- form_type: 8-K
- ticker: EFX
- cik: 0000033185
- company_name: EQUIFAX INC
- filed_at: 2023-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/33185/000003318523000019/0000033185-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/33185/000003318523000019/efx-20230419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000033185-23-000019
- JSON: https://secwatch.observer/filing/0000033185-23-000019.json
- Plain text: https://secwatch.observer/filing/0000033185-23-000019.txt

## Key facts
- Earnings Releases
  EQUIFAX INC reported the quarter ended March 31, 2023 results: revenue $1,302.0 million, net income $112.4 million, EPS $0.91.
  - Period: the quarter ended March 31, 2023
  - Revenue: $1,302.0 million
  - Net income: $112.4 million
  - EPS: $0.91
  - Result: reported results
  source text: The company reported revenue of $1,302.0 million in the first quarter of 2023, down 4 percent compared to the first quarter of 2022 on a reported basis and 3 percent on a local currency basis. Net income attributable to Equifax of $112.4 million was down 49 percent in the first quarter of 2023 compared to $221.8 million in the first quarter of 2022. Diluted EPS attributable to Equifax was $0.91 for the first quarter of 2023, down 49 percent compared to $1.80 in the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/33185/000003318523000019/0000033185-23-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.