Market capitalisation
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Share price multiplied by shares outstanding. It does not measure company cash.
Company analysis·RELX
Preparing the analysis
We’re preparing the company’s analysis.
NYSE·RELX
RELX Plc
Share price$40.09Price as of: Nov 9, 2026
RELX Plc (RELX) is a company listed on NYSE, classified under Specialty Business Services.
RELX delivers advanced analytics and data solutions for businesses, spanning risk, scientific, legal, and events divisions.
Revenue · FY 2025
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Sales generated during the period, before costs and expenses.
Net margin · FY 2025
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Net income as a proportion of revenue.
“Our take” and other explanations are generated with artificial intelligence from the data, without human review of each text. They are descriptive, not recommendations. Learn more
Explore questions
P1 · What does it do and how does it make money?
Of every £100 it takes in,84 come from Electronic.
Electronic is its largest source of revenue (84.2%), followed by Face To Face (11.7%). Here you will see what it sells, where, and how that mix is changing.
£9,590mrevenue in FY 2025
3business lines with data
58%of sales, in North America
Full fiscal year ended Dec 31, 2025
After that close
H1 2026, ended Jun 30, 2026: total revenue +2.7% against the same half-year a year earlier.
This is the revenue of the whole company. The split by lines and regions on this page is still that of the full fiscal year.01How it makes money
The data does not separate products from services.
Not all revenue behaves the same way. A one-off sale depends on someone buying again; a service is billed again and again while the customer stays.
Its business lines · FY 2025
02Where revenue comes from
A single line brings in half or more.
Each rectangle is a business line and its size is the share of revenue it brings in. Select one to see the detail.
Area = share of total revenue for the year. It does not show profit: the company does not report what each line earns.
What is a segment's weight?
The part of everything the company takes in that comes from that line. If a line weighs 49%, then of every 100 in sales, 49 come from it.
How to read it
The more a line weighs, the more revenue depends on it. A high weight is neither good nor bad by itself: it shows where to look first.
03Where sales come from
It depends on one main market.
North America is its largest market, with 58.3% of sales. Each square is a region and its area is what it sells there.
Regions from largest to smallest · FY 2025
04How the mix is changing
Electronic is gaining weight.
Weight of each part in 2024 and in 2025. A line gains weight when it grows faster than the total.
FY 2024FY 2025
pp = percentage points: the difference between two percentages (from 25% to 27% is 2 pp).
05Read with care
What we can deduce from the data. And what we cannot.
We can deduceWe cannot conclude
01
RELX is almost entirely dependent on Electronic, making up 84.2% of revenue in 2025 and single-handedly driving all the growth that year.
That Print or Face To Face matter to RELX's performance: only Electronic offsets the declines, and without it, sales would have fallen.
02
Face To Face and Print both fell together, and only Electronic's strong advance kept overall revenue rising.
That line diversification provides a buffer: the weight of Electronic means any trouble there would drag down total results, with no real offset from other lines.
Our take
RELX depends more than ever on Electronic, which sustains all growth and now dominates the business.
- 01Shown by the figures
The business relies on a single line
Electronic almost monopolizes revenue and growth: any weakness there hits the group directly, since neither Print nor Face To Face counterbalance it.
- 02Our interpretation
Regional spread does not offset concentration risk
Even though 'Rest Of World' leads growth, its size is modest compared to North America. Without knowing Electronic's share by region, that diversification is limited.
What is not proven
How much of Electronic’s revenue comes from each region, and how much could that cushion a downturn in North America or Europe?
See the calculations behind it
- Electronic brought £246M of the £156M by which revenue grew in FY 2025 (157.7%), although it weighed 82.9%. Without that line, the rest grew −5.6%.
- Dependence on Electronic rises: from 82.9% of revenue in FY 2024 to 84.2% in FY 2025.
- Face To Face and Print took away £90M in FY 2025; the other lines made up for it and revenue still rose £156M.
- North America brings 58.3% of sales (58.2% in FY 2024). The fastest-growing region is Rest Of World: +4.2% against +1.7% overall.
- Electronic brought £246M, more than the whole increase in revenue in FY 2025 (£156M).
- Electronic weighs more than all the other lines together: 84.2% of revenue in FY 2025.
With data to Nov 4, 2026. Analysis written by a language model from our calculations, which supply every figure. It is not investment advice.
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