RELX plc (LON:REL), the global provider of information-based analytics and decision tools, has reported strong underlying revenue growth for the first nine months of 2026 and reaffirms the full year outlook.
Highlights
Underlying revenue growth year to date +7%
Our improving long-term growth trajectory continues to be driven by the ongoing shift in business mix towards higher growth analytics and decision tools that deliver enhanced value to our customers
We continue to develop these products by leveraging deep customer understanding to combine our unique content and comprehensive data sets with advanced technologies
Full year outlook
We continue to see positive momentum across the group, and we expect another year of strong underlying growth in revenue and adjusted operating profit, as well as strong growth in adjusted earnings per share on a constant currency basis
Risk
- Underlying revenue growth YTD +8%.
- Strong growth continues to be driven across segments by our deeply embedded, AI-enabled analytics and decision tools leveraging our unique contributory and proprietary datasets.
- Business Services continues to be driven by Financial Crime Compliance and digital Fraud & Identity solutions, and strong new sales.
- Insurance continues to be driven by the further innovation and adoption of contributory databases and market specific solutions, and strong new sales.
- Full year outlook: We expect continued strong underlying revenue growth with underlying adjusted operating profit growth exceeding underlying revenue growth.
Scientific, Technical & Medical
- Underlying revenue growth YTD +6%.
- Strong growth supported by the increasing pace of new product introductions, and strong new sales. The improving long term growth trajectory continues to be driven by the evolution of the business towards higher growth, higher value analytics and decision tools.
- Databases, Tools & Electronic Reference continues to be driven by the rollout and adoption of our AI-enabled solutions, built on industry-leading trusted content. Our recently launched research-grade AI workspace (LeapSpace) is receiving very positive customer feedback, and is seeing rapid usage growth.
- Primary Research continues to be driven by volume growth, with article submissions growing very strongly.
- Full year outlook: We expect continued strong underlying revenue growth with underlying adjusted operating profit growth exceeding underlying revenue growth.
Legal
- Underlying revenue growth YTD +10%.
- Strong growth continues to be driven by higher growth, higher value legal analytics and tools, and strong new sales.
- Law Firms & Corporate Legal continues to be driven by the adoption of our integrated AI-enabled legal research and analytics platform with its comprehensive, verified, trusted content and continuously expanding agentic capabilities.
- Government & Academic and News & Business continue to be driven by the extension of analytics and decision tools.
- Full year outlook: We expect continued strong underlying revenue growth with underlying adjusted operating profit growth exceeding underlying revenue growth.
Exhibitions
- Underlying revenue growth YTD +4%.
- Strong ongoing growth, reflecting the strong growth profile of our event portfolio, moderated by the impact of Middle East disruption. We continue to make good progress on value-enhancing digital initiatives for our customers.
- Full year outlook: We continue to expect strong underlying revenue growth, excluding the Middle East impact, with an improvement in adjusted operating margin over the prior full year.
Underlying growth rates are calculated at constant currency, and exclude the impact of acquisitions, disposals, assets held for sale, print and print-related, exhibition cycling, and timing effects.
