How TransUnion makes money

Period

FY2025

How does TransUnion make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

TransUnion · FY2025 · year ended 2025-12-31

Revenue$4.6BGross profit$4.6B · 100%Cost of revenue$0 · 0%Operating income$858M · 19%Operating expenses$3.7B · 81%SG&A$1.3B · 28%Other opex$2.5B · 54%Pre-tax income$629M · 14%Other expense$229M · 5%Net income$455M · 10%Income tax$173M · 4%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.