---
schema_version: "secwatch.filing_event.v1"
accession: "0000033185-23-000029"
form_type: "8-K"
ticker: "EFX"
cik: "0000033185"
company_name: "EQUIFAX INC"
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:36:16.782327+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Equifax Q2 revenue flat, EPS down 31%; cuts FY guidance on mortgage weakness

## Summary
- Revenue $1.318B flat YoY; net income $138.3M (-31%); diluted EPS $1.12 (-31%).
- Adjusted EPS $1.71 (-18%); adjusted EBITDA margin 32.7% vs 35.0%.
- Workforce Solutions rev -4%; USIS +6%; International constant currency +7%.
- Cloud spend reductions increased: $210M in 2023, $275M in 2024; full year FY23 rev guidance $5.30B, adj EPS $6.98.
- Received shareholder approval for Boa Vista Serviços merger; closing expected early August.

## SEC filing metadata
- accession: 0000033185-23-000029
- form_type: 8-K
- ticker: EFX
- cik: 0000033185
- company_name: EQUIFAX INC
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/33185/000003318523000029/0000033185-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/33185/000003318523000029/efx-20230719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000033185-23-000029
- JSON: https://secwatch.observer/filing/0000033185-23-000029.json
- Plain text: https://secwatch.observer/filing/0000033185-23-000029.txt

## Key facts
- Earnings Releases
  EQUIFAX INC reported the quarter ended June 30, 2023 results: revenue $1,317.6 million, net income $138.3 million, EPS $1.12. Guidance lowered.
  - Period: the quarter ended June 30, 2023
  - Revenue: $1,317.6 million
  - Net income: $138.3 million
  - EPS: $1.12
  - Guidance: lowered
  - Result: reported results
  source text: Mortgage Market ATLANTA, July 19, 2023 -- Equifax ® (NYSE: EFX) today announced financial results for the quarter ended June 30, 2023. • Second quarter 2023 revenue of $1.318 billion was flat and up 1% in constant currency against a mortgage market estimated to be down 37%. • Very good execution of our 2023 Cloud spending reduction plan. Implemented
  evidence_url: https://www.sec.gov/Archives/edgar/data/33185/000003318523000029/0000033185-23-000029-index.htm

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