FactSet Research Systems Inc.
FactSet Announces Third Quarter 2025 Results and CEO Transition
Summary
FactSet Research Systems Inc. reported Q3 2025 results, showing GAAP revenues of $585.5 million, up 5.9% year-over-year. GAAP operating margin and diluted EPS decreased by 350 bps and 5.4%, respectively. Organic ASV grew by 4.5% to $2,296.9 million. The company also announced that Phil Snow will retire as CEO in early September 2025, to be succeeded by Sanoke Viswanathan. Additionally, FactSet entered a new credit agreement, expanded its collaboration with Databricks, and announced a new share repurchase program.
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About FactSet Research Systems Inc.
FactSet Research Systems Inc. is a leading provider of financial data and analytic applications for investment professionals across the globe. The primary function of this company is to deliver essential insight and information, helping analysts, portfolio managers, and financial advisors make informed investment decisions. FactSet’s comprehensive database covers a wide range of sectors including equities, fixed income, credit, and commodities, providing seamless access to real-time data, structured analysis tools, and advanced screening capabilities. Its innovative technology solutions cater to the unique needs of financial institutions such as asset managers, hedge funds, and investment bankers. FactSet is recognized for its ability to integrate various financial data feeds into one platform, enhancing productivity and efficiency in research workflows. This company plays a significant role in the financial market by enabling users to aggregate, monitor, and manage vast arrays of financial information, thereby supporting strategic decision-making processes. With its pledge to deliver exceptional client service, FactSet continues to be a pivotal resource for financial market professionals worldwide.
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