FDS Filings — Factset Research Systems Inc. - FilingSpy
FDS
Factset Research Systems Inc.
A financial data and analytics platform that delivers market data, research tools, and AI-powered technology to investment professionals around the world, serving buy-side investors, dealmakers, and wealth managers through subscriptions. It traces to 1978, when two colleagues at a Wall Street firm began delivering computer-based financial information directly to investors. The name comes from the "fact set," a four-page report one founder invented that packed a company's key numbers onto a single page.
Q3 FY2026 operating margin fell to 26.7% as compensation and restructuring costs rose
fell to 26.7%, the lowest in the quarterly record shown. rose 6.4% to $622.9M and fell 9.6% to $3.50 as higher employee compensation including one-time CEO awards and weighed on results. The business is still growing but margin pressure from compensation and is now showing in the .
Key takeaways
contracted 650 to 26.7% from 33.2% a year earlier, primarily due to higher employee compensation including one-time CEO awards and .
rose 6.4% to $622.9M, driven by a 7.0% organic increase with growth across all segments led by the Americas.
decreased 14.7% to $126.7M and fell 9.6% to $3.50, impacted by the higher operating expenses.
Section summaries
Management's Discussion and Analysis
Q3 FY2026 revenue rose 6.4% to $622.9M on organic growth, but operating margin fell to 26.7% on higher compensation and restructuring costs.
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Consolidated grew 6.4% to $622.9M, driven by a 7.0% organic increase, with growth across all segments led by the Americas.
rose 7.1% to $2,485.6M, with growth in all segments mainly from data solutions and workstations.
The company returned $243.4M to shareholders in Q3 via repurchases and dividends; for the nine months was $530.2M.
was 49.9%, down 2.2 points and 1.6 points from the prior quarter.
What changed
Q3 FY2026 was flagged to see if 30.3% from Q2 would hold or recover; it fell further to 26.7% as software and compensation costs continued.
growth was flagged to see if the 6.7% Q2 pace stabilized or faded; it rose to 7.1% in Q3.
The IT general controls material weakness was flagged for remediation status; the 10-Q does not report a clearance and restates the risk factor by reference to the FY2025 10-K.
Interest exposure flagged at $375.0M in Q2; this filing discloses $395.0M floating-rate debt under the 2025 Credit Facilities with a 25bps SOFR move changing annual expense by ~$1M.
had dropped to $90.4M in Q1 then $276.1M for the first half; nine-month free cash flow of $530.2M shows the Q3 contribution recovered the pace.
What to watch
Q4 FY2026 to see if 26.7% stabilizes or falls further as compensation and restructuring costs flow through.
Q4 FY2026 growth to see if the 7.1% pace holds after the Q3 increase.
Remediation status of the IT general controls material weakness in the next 10-Q.
on the $395.0M as SOFR moves, with a 25bps change altering annual expense by ~$1M.
contracted 650 to 26.7%, primarily due to higher employee compensation including one-time CEO awards and restructuring charges.
Organic ASV rose 7.1% to $2,485.6M, with growth in all segments, mainly from data solutions and workstations.
decreased 14.7% to $126.7M and fell 9.6% to $3.50, impacted by higher operating expenses.
The company returned $243.4M to shareholders in Q3 via repurchases and dividends, and for the nine months was $530.2M.
The information set forth under "Contingencies" in Note 11, Commitments and Contingencies, contained in the Notes to the Consolidated Financial Statements included in Part I, Item 1., to this Quarterly Report on Form 10-Q is incorporated by reference in answer to this Item.
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The information set forth under "Contingencies" in Note 11, Commitments and Contingencies, contained in the Notes to the Consolidated Financial Statements included in Part I, Item 1., to this Quarterly Report on Form 10-Q is incorporated by reference in answer to this Item.
For a discussion of our risk factors, please see Part 1, Item 1A. "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended August 31, 2025.
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For a discussion of our risk factors, please see Part 1, Item 1A. "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended August 31, 2025.