FactSet Research Systems Inc.

FDS Q2 2026

Reported: 2026-03-31

FactSet Research Systems Inc. reported a strong Q2 performance with ASV growth accelerating 6.7% to $2.45 billion, driven by strategic customer wins and robust demand across its product suite.

Key takeaways

Adjusted operating margin stands at 35%, with adjusted diluted EPS up 4% year-over-year to $4.46.
Enterprise agreements now represent the majority of renewed ASV, with contract durations extended by over 30%.
FactSet's Net Promoter Score improved five points among investment banking users, supporting high ASV retention rates of over 95%.
New business growth accelerated, with a 29% increase in win rates driven by enhanced marketing and lead scoring.
Strong traction in data solutions, particularly from corporates and private capital, indicates favorable market positioning and expansion opportunities.

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McCormick & Company, Incorporated

MKC Q1 2026

Reported: 2026-03-31

McCormick reported solid first quarter fiscal 2026 results, driven by strong organic growth and the successful acquisition of McCormick de Mexico, while announcing a strategic merger with Unilever Foods to strengthen their market position.

Key takeaways

Sales growth fueled by robust performance in both Consumer and Flavor Solutions segments.
The combination with Unilever Foods positions McCormick as a leading global flavor powerhouse, enhancing brand distribution and innovation capabilities.
Expected cost synergies and improved margin profiles create opportunities for increased shareholder returns.
The merger aligns with consumer trends toward health, wellness, and convenience, reinforcing McCormick's strategic focus on flavor.
Enhanced geographic and channel diversification will bolster resilience across various economic cycles.

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Progress Software Corporation

PRGS Q1 2026

Reported: 2026-03-31

Progress Software delivered solid Q1 2026 results with revenue of $248 million, reflecting a 4% year-over-year growth, while EPS surged 22% to $1.60, driven by strong cash flows and disciplined operational execution.

Key takeaways

Annual recurring revenue (ARR) grew 2% in constant currency, with a net revenue retention (NRR) rate holding strong at 99%.
Adjusted free cash flow reached $99 million, underscoring the company's focus on collections amid a healthy balance sheet.
AI integration across the product suite is enhancing operational efficiency and customer value, positioning Progress as a leader in innovation.
Continued investment in M&A and product enhancements, particularly within ShareFile, highlights the company’s growth strategy.
Customers report substantial gains in efficiency and satisfaction by leveraging Progress’s AI-driven solutions across various sectors.

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SYNNEX Corporation

SNX Q1 2026

Reported: 2026-03-31

TD SYNNEX Corporation achieved record non-GAAP gross billings and earnings per share in Q1 FY2026, reflecting robust growth across its Distribution and Hive segments and solidifying its strategy for long-term shareholder value.

Key takeaways

Non-GAAP gross billings reached an all-time high, highlighting the strength of operational execution and demand.
Distribution segment growth was supported by increased investments in infrastructure, software, and security, alongside disciplined cost management.
The company received recognition as Microsoft Frontier Distributor and Palo Alto Networks' Distributor of the Year, showcasing its effectiveness in vendor support and market expansion.
Hive segment saw significant expansion driven by increased demand for AI and cloud-enabled data center infrastructure, with strong operating income growth year-over-year.
The updated segment structure enhances visibility into performance drivers and strategic execution, focusing on Distribution and Hive as distinct growth engines.

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FactSet Research Systems Inc.

McCormick & Company, Incorporated

Progress Software Corporation

SYNNEX Corporation

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Earnings Recaps

FactSet Research Systems Inc.

McCormick & Company, Incorporated

Progress Software Corporation

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