EFX EQUIFAX INC
Price Chart
Executive Summary
Equifax Workforce Solutions LLC, a subsidiary of Equifax Inc., received a $55 million task order from the Social Security Administration for the Payroll Information Exchange (PIE) for one year starting June 2026. This is a material contract award for Equifax's verification services business, representing roughly 0.3% of annual revenue, but it reinforces a key government relationship.
Actionable Insight
This is a routine renewal of a government verification contract. The award is small relative to Equifax's total revenue but signals continued government demand for employment/income verification services. Monitor for future task orders under this IDIQ vehicle, which could expand the relationship.
Key Facts
- Award amount: $55,000,000 (rounded) from the Social Security Administration
- Contract type: task order for the Payroll Information Exchange (PIE)
- Performance period: June 1, 2026 through May 31, 2027
- Recipient: Equifax Workforce Solutions LLC, a subsidiary of Equifax Inc.
- Award represents approximately 0.3% of Equifax's annual revenue (based on ~$5.5B revenue)
Financial Impact
$55 million task order, roughly 0.3% of annual revenue
Risk Factors
- Government funding risk under continuing resolutions or sequestration
- Contract is only for one year with no stated renewal options
- Low margin profile typical of government verification contracts
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-28321326FDS030081 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 2, 2026
5d ago
|
Court Ruling
| $175.49 $169.57 | ▼ −3.37% | ▼ −2.68% | $172.13 (−1.91%) |
|
Jun 1, 2026
6d ago
|
GOVT-CONTRACT
| — | awaiting T+1 | — | — |
|
May 27, 2026
11d ago
|
Court Ruling
| $163.56 $163.31 | ▼ −0.15% | ▼ −0.70% | $172.13 (+5.24%) |
|
May 26, 2026
11d ago
|
Press Release
| — | awaiting T+1 | — | — |
|
May 1, 2026
5w ago
|
Insider Cluster
| $173.76 $172.10 | ▼ −0.96% | ▼ −0.61% | $172.13 (−0.94%) |
|
May 1, 2026
5w ago
|
Insider Cluster
| $173.76 $172.10 | ▼ −0.96% | ▼ −0.61% | $172.13 (−0.94%) |
|
Apr 21, 2026
6w ago
|
S-3ASR
| $177.90 $174.07 | ▼ −2.15% | ▼ −1.76% | $172.13 (−3.24%) |
|
Apr 21, 2026
6w ago
|
8-K
| $192.43 $177.90 | ▼ −7.55% | ▼ −8.57% | $172.13 (−10.55%) |
|
Apr 8, 2026
8w ago
|
Court Ruling
| $183.47 $181.83 | ▼ −0.89% | ▼ −1.47% | $172.13 (−6.18%) |
|
Mar 30, 2026
9w ago
|
Court Ruling
| $177.40 $180.00 | ▲ +1.47% | ▼ −1.43% | $172.13 (−2.97%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access