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Stocks / United States / FDS · Services-Computer Programming, Data Processing, Etc. · NYSE

Factset Research Systems Inc. (FDS)

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Factset Research Systems Inc. (FDS) reported revenue of $623 million for Q3 FY2026, the quarter ended 31 May 2026, up 6.4% on the same quarter a year earlier. Net income was $127 million, down 14.7% on the year, and diluted earnings per share $3.50. The figures are the company's own, from the 10-Q it filed with the SEC on 1 July 2026.

Revenue$623 millionup 6.4%
Net income$127 milliondown 14.7%
Diluted EPS$3.50
QuarterQ3 FY2026ended 31 May 2026

Ratios

From the filings

ROE27.8%
ROCE21.1%
Operating margin29.6%
Net margin23.2%
FCF margin29.0%
Interest cover13.55
Debt to equity0.68
Cash conversion1.47
Share count, 1 year-5.5%
Sales CAGR, 3 years8.0%
Profit CAGR, 3 years14.6%
EPS, TTM$15.18

At the close of 21 September 2026

Price$284.10
Market cap$10.2 billion
Stock P/E18.72
Price to book5.00
EV / EBITDA12.56
Dividend yield1.6%
Market cap / sales4.17
52-week high$313.55
52-week low$190.06
Price, 1 year-1.7%
Price CAGR, 3 years-13.3%
Price CAGR, 5 years-5.4%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as Factset Research Systems Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on FDS

Filings16 in twelve months: 7 current reports (8-K), about 3 results of operations; 3 officer or director change; 1 material agreement; 1 new financial obligation; 1 charter or bylaw amendment, or fiscal year change
Planned insider sales2 Form 144 notices in twelve months, $1.5 million; latest 12 January 2026
Options tapeput/call 3.21 by open interest on 23 September 2026; the straddle prices a 11.3% move to 16 October 2026
Holders9 of the followed funds hold it; largest Geode Capital Management; 10 Schedule 13D or 13G filings in twelve months
Insider trading5 sales and 4 purchases on Form 4 in twelve months
Congress2 House trades disclosed in six months
Short interest4.5 million shares short, 5.28 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 3 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue536542546553562569571586597608611623
Cost of revenue264252255247258259270281289288297312
Gross profit272291291306304310301305308320314311
Gross margin51%54%53%55%54%54%53%52%52%53%51%50%
SG&A131101109103173119116111131128129144
Operating income116189182202128191185194177192185166
Operating margin22%35%33%37%23%34%33%33%30%32%30%27%
Interest expense16.716.716.616.915.514.413.915.112.913.413.113.8
Pre-tax income107175169191117180172180189190161154
Tax rate39%15%16%17%24%17%16%17%19%20%17%18%
Net income65.114914115889.5150145149154153133127
Net margin12%27%26%29%16%26%25%25%26%25%22%20%
Diluted EPS$1.68$3.84$3.65$4.09$2.33$3.89$3.76$3.87$4.03$4.06$3.59$3.50
Operating cash flow15615514423816386.4174254212121212285
Capital expendituren/a16.521.921.326.025.923.725.234.030.826.030.5
Free cash flown/a13912221713760.515022917890.4186254
Buybacks11059.952.359.863.348.864.480.7107140163203
Dividends paid37.237.137.137.239.439.239.639.541.641.441.040.3
Shares outstanding38m38m38m38m38m38m38m38m38m37m37m36m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014FY2015FY2016FY2017FY2018FY2019FY2020 FY2021 FY2022FY2023 FY2024 FY2025TTM
Revenue9201,0071,1271,2211,3501,4351,4941,5911,8442,0862,2032,3222,438
Cost of revenue3544054875676596636957868719731,0121,0981,186
Gross profit5676016406556917727998059731,1121,1911,2241,253
Gross margin61.6%59.7%56.8%53.6%51.2%53.8%53.5%50.6%52.8%53.3%54.1%52.7%51.4%
Research and developmentn/an/an/a215217215224250255267265301n/a
Selling, general and administrative264270290302325334343331433483490476532
Operating income302332350352366438440474475629701748721
Operating margin32.8%33.0%31.0%28.8%27.1%30.5%29.4%29.8%25.8%30.2%31.8%32.2%29.6%
Interest expensen/an/an/a8.415.919.812.98.135.766.365.856.353.2
Pre-tax income303334461344352422427468444584652721694
Income tax91.992.712286.184.869.254.268.046.7116114124128
Effective tax rate30.3%27.8%26.5%25.0%24.1%16.4%12.7%14.5%10.5%19.8%17.6%17.2%18.5%
Net income212241339258267353373400397468537597566
Net margin23.0%23.9%30.1%21.1%19.8%24.6%25.0%25.1%21.5%22.4%24.4%25.7%23.2%
Diluted EPS$4.92$5.71$8.19$6.51$6.78$9.08$9.65$10.36$10.25$12.04$13.91$15.55$15.18
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014FY2015FY2016FY2017FY2018FY2019FY2020 FY2021 FY2022FY2023 FY2024 FY2025TTM
Operating cash flow265306331321386427506555538646700726830
Capital expenditure17.725.747.736.933.559.477.661.351.260.885.7109121
Free cash flow247281283284352368428494487585615617708
Free cash flow margin26.9%27.9%25.1%23.2%26.1%25.6%28.7%31.0%26.4%28.0%27.9%26.6%29.0%
Depreciation and amortisation34.431.338.148.357.360.557.664.586.7105125158176
Share-based compensation22.926.429.834.231.532.436.645.156.062.063.561.275.6
Buybacks28025635726130422020026518.6177235300613
Dividends paid61.066.674.280.989.4100110118126139151160164
Dividend per sharen/an/an/an/an/an/an/an/an/an/an/an/a$4.46
Diluted shares, weighted43m42m41m40m39m39m39m39m39m39m39m38m36m
Shares outstanding at period end42m41m40m39m38m38m38m38m38m38m38m38m36m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014FY2015FY2016FY2017FY2018FY2019FY2020 FY2021 FY2022FY2023 FY2024 FY2025TTM
Total assets6637371,0191,4131,4191,5602,0832,2254,0143,9634,0554,3044,192
Cash and equivalents116159228195209360586682503425423338288
Receivables90.495.197.8148157146155151204238228271290
Goodwill2863084537087026867107549661,0051,0111,2851,283
Long-term debt0.035.03005755755745745751,9821,6131,3661,3681,390
Borrowings, as the company tags themn/an/an/an/an/an/an/an/a2,0001,6251,3751,3751,395
Operating lease liabilitiesn/an/an/an/an/a0.0272260209198178157147
Shareholders' equity5115325175605266728961,0161,3311,6201,9122,1862,032
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded8.7%9.2%8.0%6.6%
Profit growth, compounded9.5%9.9%14.6%6.2%
Return on equity, average41.0%30.7%28.1%27.3%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Services-Computer Programming, Data Processing, Etc.

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Alphabet Inc. GOOGL$4.34 trillion17.8338.1%33.1%20.1%0.150.2%
Alphabet Inc. GOOG$4.29 trillion17.6238.1%33.1%20.1%0.150.2%
Meta Platforms, Inc. META$1.90 trillion27.9326.1%38.1%27.7%0.320.3%
AppLovin Corp. APP$110.7 billionn/an/an/an/a1.11n/a
Factset Research Systems Inc. FDS$10.2 billion18.7227.8%29.6%6.6%0.681.6%

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-Q31 May 20261 July 2026EDGAR
10-Q28 February 20262 April 2026EDGAR
10-Q30 November 20255 January 2026EDGAR
10-K31 August 202522 October 2025EDGAR
10-Q31 May 20253 July 2025EDGAR
10-Q28 February 20254 April 2025EDGAR
10-Q30 November 20248 January 2025EDGAR
10-K31 August 202429 October 2024EDGAR
10-Q31 May 20243 July 2024EDGAR
10-Q29 February 20243 April 2024EDGAR

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