Services-Computer Programming, Data Processing, Etc. · SIC 7370

FACTSET RESEARCH SYSTEMS INC

FDS

Watch

Latest revenue

$611.0M

as of 2026-02-28

Latest net income

$133.1M

as of 2026-02-28

Net margin

21.8%

as of 2026-02-28

Price · 5Y

-6.2% / yr 20.0 pts / yr vs S&P 500 27.3% total
Compare:

Live market

delayed ≤15 min
$232.00
3.11%
Market cap
$8.76B
Enterprise value
$9.86B
P/E (trailing)
14.7×
Forward P/E
P/B
4.12×
Dividend yield
1.9%
52-wk high
$469.44
52-wk low
$185.00
Beta
Shares out
37.8M

5-year trend

What this company does

AI

FactSet sells a subscription-based digital platform that delivers financial data, analytics, and AI-powered tools to roughly 9,000 investment firms including asset managers, banks, and wealth advisors. Recurring subscriptions to its workstations, data feeds, portfolio analytics, and CUSIP identifier services drive nearly all revenue, with the Americas generating 65% of the total. New CEO Sanoke Viswanathan took over from Philip Snow in September 2025, marking a leadership transition as the company doubles down on embedding AI across client workflows.

Generated from FDS's filing dated 2025-10-22

Key risks

AI
  • AI disruption threat: generative AI competitors (Bloomberg, OpenAI, Perplexity) could commoditize FactSet's data/analytics, pressuring its subscription-based moat.
  • CEO transition risk: Sanoke Viswanathan assumed CEO role September 8, 2025, succeeding 10-year veteran Phil Snow amid strategic AI pivot.
  • Geographic concentration: Americas generates 65% of revenue; slowdown in U.S. financial services hiring directly hits seat-based subscription growth.

Generated from FDS's filing dated 2025-10-22

Profitability

Operating margin

32.2%

1.2%

Net margin

25.7%

5.5%

Return on equity

27.3%

2.8%

Return on assets

13.9%

4.7%

Leverage

Debt / equity

0.97×

13.5%

Long-term debt / equity

0.63×

3.6%

Debt / assets

49.2%

6.9%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-02-28

$611.0M+7.1%$133.1M-8.1%21.8%

Q4 2025

2025-11-30

$607.6M+6.9%$152.6M+1.7%25.1%

Q3 2025

2025-08-31

$596.9M+6.2%$153.6M+71.6%25.7%

Q2 2025

2025-05-31

$585.5M+5.9%$148.5M-6.1%25.4%

Q1 2025

2025-02-28

$570.7M+4.5%$144.9M+2.8%25.4%

Q4 2024

2024-11-30

$568.7M+4.9%$150.0M+1.0%26.4%

Q3 2024

2024-08-31

$562.2M$89.5M15.9%

Q2 2024

2024-05-31

$552.7M+4.3%$158.1M+17.4%28.6%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Services-Computer Programming, Data Processing, Etc. · SIC 7370

No data yet for industry average

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Insider activity

Insider buying

$328.4K

Insider selling

$10.0M

Net activity

−$9.7M

Distinct insiders

10

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-01-12

Malcolm Frank

Director

Sale1,045$295.02$308.3K
2026-01-12

Malcolm Frank

Director

Sale1,527$296.17$452.3K
2026-01-08

Laurie Siegel

Director

Sale1,984$296.12$587.5K
2026-01-08

Laurie Siegel

Director

Sale588$296.67$174.4K
2025-11-06

Goran Skoko

EVP, Chief Revenue Officer

Purchase500$252.93$126.5K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns FDS

Institutional value

$4.35B

Total shares held

20.5M

Distinct holders

517

As of

2026-03-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.2.8M$613.2MNew
2VANGUARD CAPITAL MANAGEMENT LLC2.4M$522.6MNew
3VANGUARD PORTFOLIO MANAGEMENT LLC1.8M$392.0MNew
4Ninety One UK Ltd1.2M$259.3MNew
5Invesco Ltd.1.1M$232.5MNew
6WELLS FARGO & COMPANY/MN693.2K$150.4MNew
7ProShare Advisors LLC596.0K$129.3MNew
8BANK OF MONTREAL /CAN/567.5K$123.1MNew
9PineStone Asset Management Inc.387.8K$84.1MNew
10UBS Group AG363.8K$78.9MNew
11DIMENSIONAL FUND ADVISORS LP362.6K$78.7MNew
12Bank of New York Mellon Corp294.1K$63.8MNew
13EQUITY INVESTMENT CORP287.6K$62.4MNew
14Fiera Capital Corp266.5K$57.8MNew
15Boston Trust Walden Corp255.8K$55.5MNew
16STATE OF MICHIGAN RETIREMENT SYSTEM244.5K$53.1MNew
17Heron Bay Capital Management229.3K$49.8MNew
18REGENTS OF THE UNIVERSITY OF CALIFORNIA226.4K$49.1MNew
19YACKTMAN ASSET MANAGEMENT LP225.9K$49.0MNew
20VANGUARD FIDUCIARY TRUST CO209.5K$45.5MNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

AI
  1. 1

    With Americas at 65% of revenue and buyside budgets tightening, what's organic ASV growth ex-CGS and price increases this quarter?

  2. 2

    Bloomberg and S&P are bundling AI agents free; how much pricing concession have you given to retain Institutional Buyside renewals?

  3. 3

    Net margin held 23.4%, but what's incremental cost per AI query, and when does GenAI infrastructure spend compress operating margin?

Refreshed when FDS files a new report · last from 2025-10-22