FactSet Research Systems Inc. reported a revenue of $2.476 billion for the fiscal year ending August 31, 2026, marking a 6.7% increase from the previous year. This growth was driven by a corresponding 6.7% rise in organic revenues, with notable contributions from workstations and data solutions. However, the company's net income decreased by 10.6% to $533.5 million, and diluted earnings per share fell by 6.3% to $14.57, primarily due to increased operating expenses, including higher employee compensation and restructuring costs.

The company experienced a slight decline in operating margin, which decreased to 28.3% from 32.2% in the prior year. This reduction was attributed to rising operating expenses, particularly in employee compensation, which increased due to restructuring charges and higher variable compensation costs. FactSet's annual subscription value (ASV) also saw growth, reaching $2.568 billion, a 7.0% increase year-over-year, with retention rates exceeding 95%.

FactSet's client base expanded to 9,258, with user counts rising to 260,671, reflecting a 2.9% increase in clients and a 9.8% increase in users compared to the previous year. The Americas segment accounted for 65% of total revenues, while EMEA and Asia Pacific contributed 24% and 11%, respectively. The company continues to focus on enhancing its data and analytics offerings, particularly through AI integration, and has made strategic acquisitions, including LiquidityBook and Irwin, to bolster its service capabilities.

As of August 31, 2026, FactSet employed 12,444 individuals, a decrease of 2.8% from the previous year, primarily due to restructuring efforts. The company returned $808.1 million to shareholders through share repurchases and dividends during the fiscal year. Looking ahead, FactSet aims to maintain its growth trajectory while navigating the challenges posed by increased competition and evolving market conditions, particularly in the AI space. The company remains committed to investing in its technology and expanding its global footprint to enhance client service and operational efficiency.

About FACTSET RESEARCH SYSTEMS INC

FactSet Research Systems Inc. provides global financial data, analytics, and enterprise solutions to investment professionals, including asset managers, bankers, and wealth managers. Its platform offers comprehensive market intelligence, portfolio analysis, risk management, and workflow automation across asset classes and regions. With a focus on data integration, AI innovation, and client workflow embedding, FactSet supports investment decision-making and operational efficiency in the financial services industry.

This description was generated via AI from an annual report. Updated about 1 year ago.

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