In the third quarter, Thomson Reuters reported a 10% increase in annual compensation, totaling $1.83 billion. This result was driven by continued growth in its main legal, fiscal, and corporate service divisions, as well as new AI upgrades in CoCounsel Legal and CoCounsel Tax Audit and Accounting products. The company also raised its 2026 organic growth outlook, expecting an increase of around 8.5-9% compared to the previously forecasted 8%.

CEO Gary E Bischoping Jr., CFO of Thomson Reuters, stated that the majority of fundamental contracts, which refer to the total value of a contract, depend on generative AI, increasing from 32% to 34% in the third quarter. Thomson Reuters anticipates an organic growth of 34% of its compensation, based on generative AI, representing 34% of the overall valuation contract, compared to 32% in the second quarter. Hasker highlighted that Thomson Reuters is launching new relationships with large law firms such as Skadden, Arps, Slate, Meagher & Flom, which has been the first client to receive a new customer.

This was announced during the results release, and Hasker added that this will be the first of many future relationships. Thomson Reuters also anticipates an organic growth rate of 8.5-9% up to 2026, based on its organic growth outlook. In conclusion, Thomson Reuters has announced positive results for the financial year 2026, surpassing expectations and anticipating an organic growth rate of 8.5-9% up to 2026.