Experian Q1 revenue rises 10% as B2B and Latin America drive growth

Experian makes a strong start to FY27

Experian has opened its 2027 financial year with solid growth across most of the business, reporting a 10% increase in first-quarter revenue at actual exchange rates.

For the three months ended 30 June 2026, revenue increased by 8% at constant currency and by 7% organically. Organic growth strips out currency movements and the effects of acquisitions and disposals, giving investors a clearer view of underlying trading.

Chief executive Brian Cassin described the performance as a strong start and said trading was in line with the company's expectations. Crucially, Experian's full-year outlook remains unchanged.

That makes this a reassuring update rather than a major change to the investment story. The strongest contributions came from business-to-business operations and Latin America, while North American Consumer Services remained the most obvious soft spot.

Experian's key Q1 figures

Measure	Year-on-year growth
Revenue at actual exchange rates	10%
Revenue at constant currency	8%
Organic revenue	7%
B2B organic revenue	9%
Consumer Services organic revenue	2%

Currency provided a two percentage point lift to reported revenue growth, as Experian reports in US dollars. The underlying result was still healthy, with organic growth only one percentage point below constant-currency total growth.

Experian's B2B division, which includes Financial Services and Verticals, generated 73% of group revenue in the year ended 31 March 2026. Its 9% organic growth therefore carries considerably more weight than the 2% achieved by Consumer Services.

Financial Services, representing 53% of group revenue, grew organically by 9%. Verticals, accounting for 20%, delivered 7% organic growth.

Regional performance was led by Latin America

Region	Share of group revenue	Total growth at constant currency	Organic growth
North America	67%	8%	7%
Latin America	15%	12%	12%
UK and Ireland	11%	7%	5%
EMEA and Asia Pacific	7%	1%	1%

The regional revenue shares are based on the year ended 31 March 2026.

North America

North America remains Experian's largest market by some distance and delivered 7% organic growth. B2B revenue grew organically by 11%, supported by Ascend analytics solutions, fraud prevention, mortgage products and stable underlying client activity.

Automotive maintained good momentum, led by AutoCheck and credit solutions. Health also performed well as customers continued adopting Patient Access Curator, Experian's artificial intelligence-powered registration platform, alongside its claims management products.

The weaker point was Consumer Services, where organic revenue declined by 2%. Experian had expected this following the initial wind-down of two long-term mass data breach support contracts during the previous quarter.

Excluding data breach services, North American Consumer Services achieved 3% organic growth. Personal loans and insurance performed strongly within Marketplace, but credit card activity remained subdued as some lenders continued to act cautiously.

Latin America

Latin America was the standout region, delivering 12% organic growth. Its Consumer Services operation grew by 22%, while B2B increased by 9%.

Brazil benefited from new business wins and expansion among major banks and telecommunications providers. Fraud prevention also performed strongly. Experian completed its acquisition of Brazilian digital identity specialist idwall on 1 July, after the end of the reported quarter, although the purchase price and expected financial contribution were not disclosed.

Consumer growth was helped by Limpa Nome, higher volumes, wider partner distribution and expansion in the credit marketplace, including payroll lending.

UK and Ireland

The UK and Ireland recorded 5% organic growth and 7% total growth at constant currency. The difference mainly reflected the acquisition of KYC360.

Experian said UK economic activity remained subdued, but growth accelerated compared with the prior year. New business wins and increasing revenue from the Ascend Platform supported B2B growth of 5%.

Consumer Services grew organically by 7%, helped by higher engagement following the launch of Experian's new 1,250 credit score. Identity-focused subscription products also grew strongly.

EMEA and Asia Pacific

EMEA and Asia Pacific was the slowest region, with organic and constant-currency growth both at 1%.

Experian attributed the modest result partly to a demanding comparison with several large software deliveries in the prior year. The company nevertheless reported progress for its proprietary scores and Ascend Platform across the region.

What investors should like

The quality of the growth mix is encouraging. B2B generated 9% organic growth and represents nearly three-quarters of group revenue, meaning Experian's largest division is doing most of the heavy lifting.

There is also reasonable breadth behind the performance. Growth came from analytics, fraud prevention, mortgage, automotive, health and consumer marketplaces rather than relying on a single product.

Latin America's 12% organic growth is another clear positive. The region remains much smaller than North America, but strong growth across both B2B and Consumer Services gives Experian an additional engine of expansion.

Management also reiterated its full-year expectations. There was no upgrade, but keeping guidance unchanged after a first quarter described as in line with expectations supports confidence in the current plan.

What needs watching

North American Consumer Services declined by 2%, even if the fall was anticipated and linked to expiring data breach contracts. Investors will want to see whether growth excluding those contracts can strengthen from the reported 3%.

Credit card marketplace activity also remained subdued due to lender caution. Experian said this was broadly consistent with the previous quarter, so there is no sign in this update of a clear improvement.

EMEA and Asia Pacific's 1% growth was modest, even allowing for the tough prior-year comparison. Progress in Ascend and proprietary scores will need to translate into faster reported growth if this region is to make a more meaningful contribution.

Finally, this trading statement focuses on revenue. Quarterly profit, operating margins, cash flow and net debt were not disclosed, limiting investors' ability to judge how effectively revenue growth converted into earnings and cash.

The investor takeaway

Experian's first-quarter update shows a large, geographically diversified data business producing healthy underlying growth. The 7% organic increase was driven by strong B2B trading, particularly in North America, while Latin America delivered the fastest regional expansion.

The main blemishes were the expected decline in North American Consumer Services, cautious credit card lenders and slow growth in EMEA and Asia Pacific. None was significant enough for management to alter its full-year expectations.

Attention now turns to Experian's half-year results, due on 18 November 2026. Those figures should provide a fuller picture of margins, earnings and cash generation, as well as whether the strong B2B momentum has continued.