Thomson Reuters reported higher fourth-quarter revenue on Thursday, supported by growth in its legal, tax and accounting, and corporates businesses, as investors continue to weigh the impact of artificial intelligence entrants targeting its core markets. The Toronto-based content and technology company said revenue rose 5% to $2 billion in the quarter, matching analyst expectations, while earnings per share came in slightly ahead of forecasts.
The company also projected full-year 2026 revenue growth of between 7.5% and 8%, broadly in line with Wall Street expectations of 7.7%. Thomson Reuters raised its annualised dividend by 10% to $2.62 per common share, underscoring management confidence despite recent market volatility.
Chief Executive Steve Hasker said the company was seeing “tangible benefits” from sustained investments in AI, adding that Thomson Reuters would continue expanding its agentic AI capabilities to deliver professional-grade tools built on trusted content and deep domain expertise. Revenue in the group’s three main segments – legal, tax and accounting, and corporates – rose 9% on an organic basis, while the Reuters news division posted 5% organic growth, boosted by content licensing deals.
Shares in Thomson Reuters have recently come under pressure amid fears that new AI tools, including those from rivals, could disrupt established legal and professional services models. Hasker said the recent selloff reflected market anxiety rather than fundamentals, arguing that long-term winners in legal AI would be firms able to combine verified content with accountable infrastructure. The company said generative AI now accounts for about 28% of underlying contract value, up from 24% in the prior quarter, highlighting the growing contribution of AI-enhanced products.
