TransUnion 2025年季度报告

TransUnion (Exact name of registrant as specified in its charter) Table of Contents ☐Accelerated filer☐Smaller reporting company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). As of March31, 2025, there were195.1million shares of TransUnion common stock outstanding. TRANSUNIONQUARTERLY REPORT ON FORM 10-QQUARTER ENDED MARCH 31, 2025 PART I. FINANCIAL INFORMATIONITEM 1. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTSConsolidated Balance SheetsConsolidated Statements ofOperationsConsolidated Statements of Comprehensive IncomeConsolidated Statements of Cash FlowsConsolidated Statements of Stockholders’ EquityNotes to Unaudited Consolidated Financial StatementsITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OFOPERATIONSITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKITEM 4. CONTROLS AND PROCEDURESPART II. OTHER INFORMATIONITEM 1. LEGAL PROCEEDINGSITEM 1A. RISK FACTORSITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS TRANSUNION AND SUBSIDIARIESConsolidated Statements of Operations (Unaudited) TRANSUNION AND SUBSIDIARIESConsolidated Statements of Comprehensive Income (Unaudited) TRANSUNION AND SUBSIDIARIESConsolidated Statements of Cash Flows (Unaudited)(in millions) TRANSUNION AND SUBSIDIARIESConsolidated Statements of Stockholders’ Equity (Unaudited)(in millions) TRANSUNION AND SUBSIDIARIESNotes to Unaudited Consolidated Financial Statements(Tabular amounts in millions, except per share amounts) 1.Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements of TransUnion and subsidiaries have been prepared in accordancewith U.S. generally accepted accounting principles (“GAAP”) for interim financial statements and, in our opinion, include all adjustments of anormal recurring nature necessary for a fair statement of the interim periods presented. As a result of displaying amounts in millions, roundingdifferences may exist in the financial statements and footnote tables. The interim results presented are not necessarily indicative of the resultsthat may be expected for the full year ending December 31, 2025. The Company’s Consolidated Balance Sheet data for the year ended Unless the context indicates otherwise, any reference in this report to the “Company,” “we,” “our,” “us,” and “its” refers to TransUnion and itsconsolidated subsidiaries, collectively. For the periods presented, TransUnion does not have any material assets, liabilities, revenues, expenses or operations of any kind other than itsownership investment in TransUnion Intermediate Holdings, Inc. Principles of Consolidation The consolidated financial statements of TransUnion include the accounts of TransUnion and all of its controlled subsidiaries. All intercompanytransactions and balances have been eliminated. Investments in Affiliated Companies Investments in nonmarketable unconsolidated entities in which the Company is able to exercise significant influence are accounted for usingthe equity method. Investments in nonmarketable unconsolidated entities in which the Company is not able to exercise significant influence, Variable Interest Entities At inception, we determine whether an entity in which we have made an investment or with which we have other variable interest arrangementsis considered a variable interest entity (“VIE”). We are required to consolidate any VIE if we are the primary beneficiary of the VIE. We are theprimary beneficiary of a VIE if we have the power to direct activities that most significantly affect the economic performance of the VIE andhave the obligation to absorb a portion of the losses or benefits that are significant to the VIE. If we are not the primary beneficiary of the VIE,we account for the investment or other variable interests in the VIE in accordance with other applicable GAAP. When events or circumstances Use of Estimates The preparation of consolidated financial statements and related disclosures in accordance with GAAP requires management to make estimatesand judgments that affect the amounts reported. We believe that the estimates used in preparation of the accompanying consolidated financialstatements are reasonable, based upon information available to management at this time.These estimates and judgments affect the reported Table of Contents Share Repurchase Plan On February 11, 2025, our Board of Directors (our “Board”) authorized the repurchase of up to $500.0million of our common stock (the “2025Repurchase Plan”). Repurchases may be made from time to time at management’s discretion, at prices management considers to be attractive,through o