FactSet Research Systems Inc. Earnings Recaps
Q4 2026
Oct 2, 2026
FactSet’s shares rose 6.8% after earnings, as fiscal 2026 organic ASV growth of 7% reached $2.56 billion and came in above the high end of company guidance. Investors also saw evidence of AI-related demand and longer-duration contracts, though adjusted operating margin was 34.5% amid investment.
Key takeaways
- Organic ASV grew 7%, or $168 million, to $2.56 billion in fiscal 2026; adjusted diluted EPS was $18.01, up 6% year over year.
- Adjusted operating margin was 34.5%, reflecting investments made during the year.
- AI-related solutions contributed a double-digit share of new ASV in Q4, exceeding the total AI contribution for fiscal 2025; data ASV continued to grow at double digits.
- More than 95% ASV retention and Q4 contract renewals weighted toward enterprise agreements or terms of at least three years supported a roughly 30% increase in average contract length, while broadly preserving pricing.
- Fiscal 2026 included net head-count reduction, with most freed-up capacity redeployed to product and growth opportunities and a portion returned to the bottom line.
Q3 2026
Jul 3, 2026
FactSet’s Q3 results outperformed expectations, driving an 8.7% stock gain, bolstered by accelerating organic subscription value growth, expanding AI adoption, and improving sales productivity.
Key takeaways
- Organic Annual Subscription Value (ASV) grew 7.1% to $2.48 billion, marking the fifth consecutive quarter of acceleration.
- Adjusted operating margin was 34%, reflecting continued investments rather than margin expansion.
- Adjusted diluted EPS increased 6.1% to $4.53 year-over-year.
- AI adoption is gaining traction with over 90% of top 50 clients using four or more AI solutions, correlating with 50% higher ASV growth among these clients.
- Commercial excellence initiatives led to a 15% increase in pipeline conversion and a 27% improvement in win rates, with 76% of new ASV coming from new business.
Q2 2026
Mar 31, 2026
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.