TransUnion 2025年度报告

Letter from ourPresident & ChiefExecutive Officer )<)'98-2+3239686%27*361%8-32 Dear fellow shareholders, In 2025, our transformation translated into faster innovation,ranslatestreamlined global operations and greater scalability.and great In 2025, TransUnion shifted from transformational investmentsto a focus on operational excellence and growth, deliveringstrong results and positioning ourselves as an innovation-driven information and insights company. By modernizing ourtechnology and operations and accelerating innovation, weare situated to compete and lead in a data-driven world. Werecognize that we are just beginning to unlock our full potentialfor consumers, customers and shareholders. •7XVIRKXLIRMRKSYVKPSFEPSTIVEXMRKQSHIPMRKQSHIPIn 2025,Inwe welcomed several new leaders, including Mohamedcluding Mohamed%FHIPWEHIOEW'LMIJ+PSFEP7SPYXMSRW3ƾGIV8MJJERIV8MJJERM'LEQFIVWEW'LMIJ3TIVEXMSRW3ƾGIVERH%PMGME>YMOIVEW'LMIJ,YQER6IWSYVGIW3ƾGIV)EGLSJXLIWII\IGYXMZIWI\IQTPMƼIWXLILMKLUYEPMX]SJXEPIRX[IEVIEXXVEGXMRKEWwe scale our business. Additionally, throughout the year, weevolved our approach to global product management to driveinnovation and stronger commercial outcomes. Finally, weGSRXMRYIXSIRLERGISYV+PSFEP'ETEFMPMX]'IRXIVRIX[SVOɸXSHVMZIKVIEXIVIƾGMIRG]ERHWGEPIEGVSWWXLIIRXIVTVMWI I’m most proud of our accomplishments, including: •(IPMZIVMRKWXVSRKƼRERGMEPVIWYPXWachieving industry-leadingperformance across our solutions, verticals and geographies •)\IGYXMRKSRSYVXVERWJSVQEXMSRby strengthening ourglobal operating model, scaling our technology modernization,accelerating innovation across our product suites andHITPS]MRK%-MRXSSYVTVSHYGXWERH[SVOƽS[W •7GEPMRKSYVXIGLRSPSK]QSHIVRM^EXMSRLeveraging thefoundational work completed in 2024, we augmented the corecapabilities of our OneTru™global technology platform last]IEV;IWYGGIWWJYPP]QMKVEXIHSYVƼVWX97GVIHMXGYWXSQIVWto OneTru, extended key capabilities to select internationalmarkets, and completed our transformation investmentprogram on time and within budget. In 2026, we plan tocomplete U.S. credit customer migrations and continue therollout of OneTru to our international markets. •%HZERGMRKƼRERGMEPMRGPYWMSR[MXLWIZIVEPOI]QMPIWXSRIWXLEXI\TERHEGGIWWXSEJJSVHEFPIƼRERGMEPTVSHYGXWERHservices for underserved populations ()0-:)6-2+'327-78)2878632+*-2%2'-%06)79087 In 2025, we grew revenue by 9%,1our second consecutiveyear of high-single-digit growth, driven by strong commercialmomentum across our solutions and verticals. We increasedour Adjusted Diluted Earnings Per Share by 10% whilethoughtfully investing for growth. We also returned nearly $400million to shareholders through a combination of dividends andshare repurchases. •%GGIPIVEXMRKMRRSZEXMSREGVSWWWSPYXMSRWYMXIWWe launchedseveral OneTru-enabled solutions in 2025 — includingnew TruIQ™analytics features, our latest AI-enabled fraudmodels and our cloud-based identity resolution and audiencecapabilities for Marketing Solutions. We continue to accelerateour pace of innovation, with a growing pipeline of new productsand enhancements. 6IZIRYIKVS[XL LMKLPMKLXWMRGPYHI •(ITPS]MRK%-MRXSSYVTVSHYGXWERH[SVOƽS[WOur vast arrayof proprietary and regulated data positions us for success inXLI%-IVEQEVOIHERMRƽIGXMSRTSMRXMRLS[[IPIZIVEKIAI across the enterprise. We are already realizing meaningfulFIRIƼXWƂJVSQMRGVIEWIHHIZIPSTIVTVSHYGXMZMX]ERHJEWXIVproduct innovation to improved user experience for ourcustomers and consumers. AI is unlocking deeper predictivevalue from our data, enabling new AI-powered solutions andbetter customer outcomes. As clients adopt AI into their ownprocesses, we expect higher data consumption and greaterdemand for our insights. Looking ahead, we will increasinglyleverage AI-powered solutions to capture more value acrossGYWXSQIVWƅIRHXSIRH[SVOƽS[ •3YV971EVOIXWWIKQIRXKVI[Financial Servicesgrew 17%, supported by modest volume growth, pricingFIRIƼXWERHMRGVIEWIHWEPIWSJSYVRI[IWXTVSHYGXW)QIVKMRKVerticals grew 8%, led by double-digit growth in Insurance.Across our other verticals, we delivered strong growth inTrusted Call Solutions and improved performancein Marketing Solutions. Consumer Interactive grew again thisyear, excluding the impact of the prior year’s breach win. •3YV-RXIVREXMSREPWIKQIRXKVI[QMHWMRKPIHMKMXWdrivenby strong growth in Africa, Canada and the United Kingdom.We delivered modest growth in India despite cyclically softervolumes. We continue to roll out our technology platformand solutions across our geographies to capitalize on robustmarket opportunities. *968,)6-2+396'311-81)2883*-2%2'-%0-2'097-32 IN CLOSING In closing, I want to welcome our two newest Board members,our two nSayan Chakraborty and Charlotte Yarkoni. Both bring a wealthte Yarkoni.of technology leadership experience and will play a pivotal role ince and will pla