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FactSet Research Systems Inc.
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FactSet Research Systems Inc.

FactSet Reports Q3 2026 Earnings with Revenue Growth and New CFO Appointment

| 8-K |Financial Services

Summary

FactSet Research Systems Inc. reported its third quarter fiscal 2026 results, showing GAAP revenues grew 6.4% year over year to $622.9 million, with organic revenues up 7.0%. Organic Annual Subscription Value (ASV) reached $2,485.6 million, up 7.1% year over year. The company also announced the appointment of Joshua B. Warren as Chief Financial Officer, effective April 13, 2026. FactSet's commercial excellence initiatives continued to deepen client relationships, with enterprise renewals extending in length by 30% on average and annual ASV retention remaining above 95%. The company returned $243.4 million to shareholders in Q3, including $203.1 million in share repurchases and $40.3 million in dividends. FactSet reaffirmed its fiscal 2026 outlook, with organic ASV growth expected to be between $130 million and $160 million.

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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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