Thomson Reuters Revises Historical Financial Reporting Following Global Print Business Sale
TORONTO, Canada, October 19, 2026, ZEX PR WIRE — Thomson Reuters has issued supplemental financial information following the sale of a 51% stake in its Global Print business to investment funds advised by KKR. The transaction, which closed on October 1, resulted in the creation of a joint venture operating under the Westbridge Print name.
The company said it would classify Global Print as discontinued operations beginning in its third-quarter 2026 reporting. Historical financial periods have been restated to exclude the business, allowing investors to assess the performance of the continuing operations on a more comparable basis.
Why the reporting changes matter
When a company sells a significant business unit, historical financial statements may need to be adjusted so that investors can distinguish continuing operations from activities that have been disposed of.
Without such adjustments, comparisons between current and historical results can become less meaningful because the periods include different combinations of businesses.
Thomson Reuters published revised segment information for 2025 and 2026, together with an updated explanation of how the transaction affects its outlook.
The changes are particularly relevant to investors assessing the company’s growth in professional information services, legal technology and related software products.
Revenue growth outlook changes
The company had previously provided third-quarter 2026 guidance that included the Global Print business. Following the transaction, Thomson Reuters said its earlier outlook would translate to approximately 9% organic revenue growth and an adjusted EBITDA margin of approximately 35% on the revised reporting basis.
The company also said the transaction was expected to be approximately neutral to adjusted EBITDA margin after completion, while adding 60 to 70 basis points to annual organic revenue growth.
These estimates reflect the impact of removing the print business from the reported financial base and accounting for arrangements that continue after the sale.
The joint venture preserves commercial relationships
Under the new arrangements, Westbridge Print will pay Thomson Reuters a royalty for the right to distribute certain intellectual property in print and through its ProView eBook platform.
The joint venture will also reimburse Thomson Reuters for certain transition services as it moves toward operating as a standalone entity.
Such arrangements can allow a seller to reduce its direct operating exposure while retaining selected revenue streams and providing support during the transition.
However, the financial impact depends on the terms of the agreements, the costs associated with separation and the ongoing commercial relationship between the two businesses.
What investors will monitor
Thomson Reuters said it would issue revised full-year 2026 guidance when it reports third-quarter earnings on November 3.
Investors will therefore have an opportunity to compare the updated outlook with the company’s subsequent results and management commentary.
The announcement is an example of how portfolio changes can affect financial reporting even when a company retains certain commercial relationships with a divested business. For shareholders, understanding the revised reporting basis is important when evaluating revenue growth, margins and the underlying performance of continuing operations.
