Equifax Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

RESTRUCTURING CHARGES

RESTRUCTURING CHARGES

3 Months Ended

Mar. 31, 2026

Restructuring costs consist of severance costs, contract termination and associated costs and other exit and disposal costs. Severance costs relate to a reduction in headcount, contract termination costs primarily relate to penalties for early termination of contracts and associated costs of transition and other exit and disposal costs primarily relate to real estate exit costs.

During the twelve months ended December 31, 2025, we recorded $49.9 million of restructuring charges, all of which were recorded in selling, general and administrative expenses within our Consolidated Statements of Income. These charges were recorded to general corporate expense and resulted from our continuing efforts to realign our internal resources to support the Company’s global strategic objectives and primarily relate to reductions in headcount, as well as contract terminations and associated costs, which resulted from our efforts to complete our cloud technology transformation.

The changes during the three months ended March 31, 2026 in the liabilities associated with the restructuring charges recorded during 2025, including expenses incurred and cash payments, are as follows:


	Liability balance as of 12/31/2025		Expenses Incurred		Cash Payments		Liability balance as of 3/31/2026
Restructuring charges:	(In millions)
Severance costs	$	34.2	$	—	$	(5.9)	$	28.3
Contract terminations and other associated costs	0.5		—		—		0.5

Total	$	34.7	$	—	$	(5.9)	$	28.8