Thomson Reuters Corporation (TRI) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
TRI Revenue Growth
Revenue Breakdown (FY 2025)
TRI's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
TRI Revenue Analysis (2014–2025)
As of May 6, 2026, Thomson Reuters Corporation (TRI) generated trailing twelve-month (TTM) revenue of $7.51 billion, reflecting solid growth of +6.9% year-over-year. The most recent quarter (Q4 2025) recorded $2.04 billion in revenue, up 14.5% sequentially.
Looking at the longer-term picture, TRI's 5-year compound annual growth rate (CAGR) stands at +4.9%, indicating moderate growth over time. The company achieved its highest annual revenue of $12.61 billion in 2014.
Revenue diversification analysis shows TRI's business is primarily driven by Electronic Software And Services (100%). With over half of revenue concentrated in Electronic Software And Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including SPGI, MCO, and ICE. Compare TRI vs SPGI →
TRI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TRICurrent | $7.5B | +6.9% | +4.9% | 26.3% | |
 SPGI | $15.3B | - | - | 42.2% | |
 MCO | $7.7B | - | - | 44.8% | |
 ICE | $12.6B | - | - | 38.7% | |
 MSCI | $3.1B | - | - | 54.7% | |
 FDS | $2.3B | - | - | 32.2% |
TRI Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.61B | +4.8% | $2.77B | 36.4% | $2.00B | 26.3% |
| 2024 | $7.26B | +6.8% | $5.47B | 75.3% | $2.11B | 29.1% |
| 2023 | $6.79B | +2.5% | $5.23B | 77.0% | $2.33B | 34.3% |
| 2022 | $6.63B | +4.4% | $5.04B | 76.1% | $1.83B | 27.7% |
| 2021 | $6.35B | +6.1% | $4.77B | 75.1% | $1.24B | 19.6% |
| 2020 | $5.98B | +1.3% | $4.83B | 80.6% | $1.93B | 32.2% |
| 2019 | $5.91B | +7.4% | $4.50B | 76.1% | $1.20B | 20.3% |
| 2018 | $5.50B | +3.9% | $4.46B | 81.1% | $780.0M | 14.2% |
| 2017 | $5.30B | -52.6% | $4.43B | 83.7% | $1.03B | 19.5% |
| 2016 | $11.17B | -0.8% | $9.15B | 81.9% | $1.39B | 12.4% |
Full TRI Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See TRI's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TRI Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TRI vs SPIR
Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..
Start ComparisonTRI — Frequently Asked Questions
Quick answers to the most common questions about buying TRI stock.
Is TRI's revenue growth accelerating or slowing?
TRI maintains +6.9% revenue growth, in line with its 5-year CAGR of +4.9%. TTM revenue stands at $7.5B. Growth rate remains consistent with historical average.
What is TRI's long-term revenue growth rate?
Thomson Reuters Corporation's 5-year revenue CAGR of +4.9% reflects the sustained expansion pattern. Current YoY growth of +6.9% is near this long-term average.
How is TRI's revenue distributed by segment?
TRI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.