Thomson Reuters Corporation (TRI)
NASDAQ: TRI · Real-Time Price · USD
108.06
-0.24 (-0.22%)
Nov 10, 2026, 10:55 AM EST - Market open
Thomson Reuters Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 339 | 448 | 459 | 332 | 423 | 313 | 434 | 587 | 301 | 841 | 481 | 678 | 367 | 894 | 756 | 218 | 228 | -115 | 1,007 | - |
Depreciation & Amortization | 47 | 48 | 52 | 53 | 50 | 48 | 52 | 48 | 51 | 52 | 53 | 54 | 52 | 52 | 55 | 53 | 59 | 63 | 64 | - |
Other Amortization | 202 | 201 | 193 | 187 | 181 | 178 | 174 | 160 | 151 | 154 | 153 | 135 | 132 | 127 | 118 | 131 | 119 | 121 | 114 | - |
Loss (Gain) From Sale of Assets | - | - | - | -1 | -162 | -2 | - | -195 | -1 | - | - | 5 | 6 | -348 | - | -188 | -30 | 1 | - | - |
Asset Writedown & Restructuring Costs | -1 | 2 | -3 | -1 | 5 | 7 | 7 | -9 | - | -6 | -2 | 3 | -6 | 1 | 4 | 2 | -16 | -12 | 7 | - |
Loss (Gain) on Equity Investments | 5 | 4 | 7 | 5 | 13 | 4 | 6 | 5 | 8 | -61 | 8 | -260 | 174 | -419 | -570 | -120 | 525 | 825 | -798 | - |
Other Operating Activities | 27 | -110 | 103 | 60 | 20 | -41 | 67 | 54 | 40 | -463 | -117 | 60 | -331 | 149 | -18 | 538 | -540 | -413 | 131 | - |
Change in Accounts Receivable | -79 | 40 | -42 | -73 | 37 | -55 | 52 | -86 | 68 | -57 | 101 | -132 | 18 | -59 | 90 | -92 | 27 | -6 | 43 | - |
Change in Accounts Payable | 58 | 53 | -164 | 140 | 16 | 13 | -245 | 4 | 39 | 87 | -274 | 162 | 21 | 21 | -370 | 179 | 51 | -93 | -274 | - |
Change in Unearned Revenue | -46 | 93 | -86 | 120 | -26 | 127 | -66 | 37 | 7 | 96 | -76 | 45 | -23 | 99 | -47 | 33 | -16 | 67 | -9 | - |
Change in Income Taxes | 6 | 45 | -28 | 39 | 31 | 31 | -35 | 25 | 44 | 94 | 120 | -6 | 222 | 185 | 241 | -24 | 134 | -3 | 39 | - |
Change in Other Net Operating Assets | -11 | -15 | 15 | -104 | 14 | -8 | 1 | -56 | 48 | -31 | -14 | -29 | 19 | -6 | 6 | -53 | -15 | 10 | 10 | - |
Operating Cash Flow | 599 | 927 | 505 | 756 | 671 | 746 | 445 | 564 | 756 | 705 | 432 | 705 | 674 | 695 | 267 | 676 | 531 | 433 | 275 | - |
Operating Cash Flow Growth (YoY) | -10.73% | 24.26% | 13.48% | 34.04% | -11.24% | 5.82% | 3.01% | -20.00% | 12.17% | 1.44% | 61.80% | 4.29% | 26.93% | 60.51% | -2.91% | - | -0.56% | -6.28% | -27.63% | - |
Investing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -176 | -176 | -156 | -158 | -161 | -163 | -151 | -161 | -149 | -152 | -145 | -132 | -145 | -127 | -140 | -135 | -152 | -137 | -171 | - |
Cash Acquisitions | -13 | -36 | -212 | -20 | -193 | -24 | -606 | -130 | -25 | -19 | -448 | -15 | -678 | -33 | -490 | -1 | -19 | -163 | -8 | - |
Divestitures | - | - | 1 | 2 | 247 | 5 | - | 297 | 33 | - | -4 | - | - | 418 | - | 187 | 29 | - | - | - |
Investment in Securities | - | - | - | - | - | - | - | - | - | 610 | 1,244 | 31 | 1,517 | 1,583 | 2,293 | 19 | 24 | - | - | - |
Other Investing Activities | 1 | -1 | - | -29 | -1 | - | 1 | -75 | -65 | -115 | -16 | -107 | -259 | -208 | 5 | -6 | 25 | 46 | - | - |
Investing Cash Flow | -188 | -213 | -367 | -205 | -108 | -182 | -756 | -69 | -206 | 324 | 631 | -223 | 435 | 1,633 | 1,668 | 64 | -93 | -254 | -179 | - |
Financing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 322 | - | 339 | - | - | - | - | - | 564 | - | - | 1,132 | - | - | 319 | 50 | - | - |
Long-Term Debt Issued | 2,022 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Debt Issued | 2,022 | -85 | 322 | -49 | 339 | - | - | - | - | - | 564 | - | - | 1,132 | - | 673 | 319 | 50 | - | - |
Short-Term Debt Repaid | -1,068 | - | - | - | - | - | - | - | - | -703 | - | - | -1,214 | - | -361 | - | - | - | - | - |
Long-Term Debt Repaid | -15 | - | -16 | - | -14 | - | -17 | - | -257 | -16 | -63 | - | -13 | -15 | -16 | - | -17 | -16 | -17 | - |
Lease Payments | -15 | -14 | -16 | -16 | -14 | -16 | -17 | -17 | -15 | -16 | -15 | -14 | -13 | -15 | -16 | -15 | -17 | -16 | -17 | - |
Total Debt Repaid | -1,083 | 554 | -16 | -16 | -14 | -1,015 | -17 | -17 | -257 | -719 | -63 | -1,127 | -1,227 | -15 | -377 | -15 | -17 | -16 | -17 | - |
Net Debt Issued (Repaid) | 939 | 469 | 306 | -65 | 325 | -1,015 | -17 | -17 | -257 | -719 | 501 | -1,127 | -1,227 | 1,117 | -377 | 658 | 302 | 34 | -17 | - |
Repurchase of Common Stock | -238 | -705 | -262 | -330 | -670 | - | - | - | - | -287 | -352 | -361 | - | -2,045 | -718 | -584 | -504 | -194 | - | - |
Preferred Dividends Paid | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -2 | -1 | -1 | -1 | -2 | -1 | -1 | -1 | - | -1 | - |
Common Dividends Paid | -274 | -275 | -280 | -256 | -260 | -260 | -259 | -236 | -236 | -235 | -237 | -215 | -218 | -230 | -224 | -207 | -208 | -210 | -209 | - |
Dividends Paid | -275 | -276 | -281 | -257 | -261 | -261 | -260 | -237 | -237 | -237 | -238 | -216 | -219 | -232 | -225 | -208 | -209 | -210 | -210 | - |
Other Financing Activities | -21 | -25 | -11 | -6 | -1 | 1 | -11 | 2 | 2 | -2 | -381 | 2 | -3 | - | 5 | 2 | -25 | 2 | 7 | - |
Financing Cash Flow | 405 | -537 | -248 | -658 | -607 | -1,275 | -288 | -252 | -492 | -1,245 | -470 | -1,702 | -1,449 | -1,160 | -1,315 | -132 | -436 | -368 | -220 | - |
Net Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 1 | - | -1 | - | -2 | 4 | 2 | -6 | 3 | -3 | -2 | 2 | -2 | - | 1 | 2 | -4 | -4 | - | - |
Net Cash Flow | 817 | 177 | -111 | -107 | -46 | -707 | -597 | 237 | 61 | -219 | 591 | -1,218 | -342 | 1,168 | 621 | 610 | -2 | -193 | -124 | - |
Free Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 423 | 751 | 349 | 598 | 510 | 583 | 294 | 403 | 607 | 553 | 287 | 573 | 529 | 568 | 127 | 541 | 379 | 296 | 104 | - |
Free Cash Flow Growth (YoY) | -17.06% | 28.82% | 18.71% | 48.39% | -15.98% | 5.42% | 2.44% | -29.67% | 14.74% | -2.64% | 125.98% | 5.92% | 39.58% | 91.89% | 22.12% | - | -5.96% | -15.19% | -60.00% | - |
Free Cash Flow Margin | 23.08% | 43.38% | 16.72% | 29.77% | 30.76% | 37.49% | 15.47% | 21.11% | 35.21% | 31.78% | 15.22% | 31.57% | 33.19% | 34.49% | 7.31% | 30.65% | 24.08% | 18.34% | 6.21% | - |
Free Cash Flow Per Share | 0.97 | 1.71 | 0.79 | 1.36 | 1.15 | 1.31 | 0.66 | 0.91 | 1.37 | 1.25 | 0.64 | 1.28 | 1.18 | 1.23 | 0.28 | 1.19 | 0.82 | 0.64 | 0.23 | - |
Levered Free Cash Flow | -233.75 | 832 | 207.88 | 227.13 | 709 | 388.5 | 149.13 | 370.5 | 360 | 112.25 | 178.25 | 737 | 235.88 | 511.25 | -556.5 | 509.63 | 748.5 | 697.5 | -51 | - |
Unlevered Free Cash Flow | -202.5 | 862.63 | 231.63 | 252.75 | 732.13 | 413.5 | 173.5 | 398 | 385.63 | 141.63 | 206.38 | 768.25 | 270.25 | 545 | -519.63 | 541.5 | 778.5 | 728.13 | -22.25 | - |
Free Cash Flow After Leases | 408 | 737 | 333 | 582 | 496 | 567 | 277 | 386 | 592 | 537 | 272 | 559 | 516 | 553 | 111 | 526 | 362 | 280 | 87 | - |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 37 | 55 | 19 | 43 | 23 | 54 | 18 | 45 | 20 | 59 | 25 | 71 | 28 | 76 | 26 | 72 | 16 | 66 | 14 | - |
Cash Income Tax Paid | 51 | 28 | 117 | 106 | 81 | 42 | 108 | - | 155 | 291 | 129 | 207 | 284 | 530 | 118 | 22 | 49 | 110 | 35 | - |
Change in Working Capital | -72 | 216 | -305 | 122 | 72 | 108 | -293 | -76 | 206 | 189 | -143 | 40 | 257 | 240 | -80 | 43 | 181 | -25 | -191 | - |