London, July 16, 2026, 10:08 (BST)
- Experian posted 7% organic revenue growth for the first quarter, but North American Consumer Services shrank by 2%. These numbers are unaudited.
- Experian’s rounded revenue mix estimate points to B2B making up about 92% of implied organic growth, compared with around 78% last year.
- Shares lost as much as 7.1% early, then pared losses to trade at 2,651 pence, down 2.1%, at 10:06 BST.
Experian PLC (LON:EXPN) posted 7% organic revenue growth for the quarter ending June 30, but shares slipped as investors picked up on softer U.S. consumer numbers and no change to the annual forecast. Total revenue climbed 10% at reported exchange rates, 8% at constant currencies. “We delivered a strong start to FY27,” CEO Brian Cassin said, keeping full-year expectations steady. Experian
The 7% figure tells part of the story. B2B, making up 73% of the group’s revenue, posted organic growth of 9%. Consumer Services, which brings in 27% of revenue, added 2%. Last year, B2B was up 8% and Consumer Services gained 6%. Organic numbers exclude currency and deals.
With those rounded revenue weights, B2B brought in about 6.6 points of Experian’s 7.1 implied growth, or 92%. A year ago, this math put B2B’s share at 78%. Consumer Services dropped to 8% from 22%.
| Organic revenue growth | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Group B2B | 9% | 8% | up 1 point |
| Group Consumer Services | 2% | 6% | down 4 points |
| North America Consumer Services | -2% | 3% | down 5 points |
| Total group | 7% | 8% | down 1 point |
Experian opened at 2,608p, dropped to 2,518p—down about 7.1% from Wednesday’s close—then bounced back to 2,651p. Analysts on average see 7.2% organic growth for the year, right in the company’s 6%-8% range. Thursday’s update was more of a confirmation than anything new.
North America made up a smaller share of the quarter. Growth picked up fast in Latin America, while the UK and Ireland also got better. That helped balance slower gains in Experian’s biggest region and softer numbers in EMEA and Asia Pacific.
| Region | FY26 revenue share | Q1 FY27 organic growth | Q1 FY26 organic growth | Change |
|---|---|---|---|---|
| North America | 67% | 7% | 9% | down 2 points |
| Latin America | 15% | 12% | 5% | up 7 points |
| UK and Ireland | 11% | 5% | 1% | up 4 points |
| EMEA and Asia Pacific | 7% | 1% | 7% | down 6 points |
North America delivered about 66% of implied group growth on a weighted basis, down from around 82% last year. Latin America’s share increased to 25% from 10%. The group’s geographic reach is getting wider even as the business-line mix gets tighter.
Experian said the 2% drop in North American Consumer Services came after it ended two big data-breach support deals. Without those contracts, the segment was up 3%. Personal loans and insurance did well, but credit-card volumes stayed low with lenders still careful.
B2B business stayed strong, pointing to steady demand. North American financial-services revenue rose 13%. Experian said all 10 of its biggest financial-services clients now use the Ascend analytics platform. CFO Lloyd Pitchford said Ascend is replacing a lot of analytics tools and spreadsheets inside banks. Eleven out of the 15 largest mortgage lenders are also using VantageScore 4.0, now reaching close to 30% of the U.S. mortgage market.
Management is guiding to first-half organic growth near 7%, with Q2 seen at 6% to 7%. The company says growth should pick up in the second half as data-breach comps ease. Experian is sticking with its estimate for about a one-point lift from M&A, 1%-2% from currency, and 50 bps of organic constant-currency margin improvement.
The outlook doesn’t allow much room for a new slowdown. In the second quarter, contract run-offs will weigh on results and last year’s $20 million insurance-vertical catch-up sets a tough comparison. EMEA and Asia Pacific need to improve after managing only 1% growth, and U.S. consumer revenue remains pressured as credit-card lenders act cautiously. Any software delivery delays or slower loan originations would add to the burden on Latin America and the Ascend platform.
The quarter cut Experian’s geographic risk but left it more exposed to B2B. Shares remain about 35% below their 52-week high. For a real recovery, North American Consumer Services likely needs to grow again and Latin America can’t slow down.
