The diluted earnings per share (EPS) for the quarter was $3.59, a decrease of 4.5% from $3.76 in the prior year, while adjusted diluted EPS increased by 4.2% to $4.46. The company has updated its fiscal 2026 guidance, now expecting organic ASV growth between $130 million and $160 million, and GAAP revenues in the range of $2,450 million to $2,470 million. FactSet's CEO, Sanoke Viswanathan, expressed optimism about the company's growth trajectory, citing strong client trust and the effectiveness of their data and workflow integration. The company also highlighted a quarterly dividend of $40.3 million, reflecting its commitment to returning value to shareholders. FactSet's strategic initiatives, including a multi-year agreement with Barclays and the launch of AI-driven solutions, position the company for sustained growth in the competitive financial services landscape.
2026-03-31 10:55:56
FactSet Reports Q2 2026 Results: Revenues Up 7.1%, Adjusted EPS Increases 4.2%
Expected Stock impact: Noticeably Positive
FactSet Research Systems Inc. (NYSE: FDS) announced its financial results for the second quarter of fiscal 2026, revealing a 7.1% increase in GAAP revenues, reaching $611.0 million compared to $570.7 million in the same period last year. The company reported organic Annual Subscription Value (ASV) of $2,449.1 million, marking a 6.7% year-over-year growth. Despite the revenue growth, the GAAP operating margin decreased to 30.3%, down approximately 220 basis points from the previous year, primarily due to increased employee compensation costs and technology-related expenses. Adjusted operating margin also saw a decline to 35.0%, down 230 basis points year-over-year.
The diluted earnings per share (EPS) for the quarter was $3.59, a decrease of 4.5% from $3.76 in the prior year, while adjusted diluted EPS increased by 4.2% to $4.46. The company has updated its fiscal 2026 guidance, now expecting organic ASV growth between $130 million and $160 million, and GAAP revenues in the range of $2,450 million to $2,470 million. FactSet's CEO, Sanoke Viswanathan, expressed optimism about the company's growth trajectory, citing strong client trust and the effectiveness of their data and workflow integration. The company also highlighted a quarterly dividend of $40.3 million, reflecting its commitment to returning value to shareholders. FactSet's strategic initiatives, including a multi-year agreement with Barclays and the launch of AI-driven solutions, position the company for sustained growth in the competitive financial services landscape.
The diluted earnings per share (EPS) for the quarter was $3.59, a decrease of 4.5% from $3.76 in the prior year, while adjusted diluted EPS increased by 4.2% to $4.46. The company has updated its fiscal 2026 guidance, now expecting organic ASV growth between $130 million and $160 million, and GAAP revenues in the range of $2,450 million to $2,470 million. FactSet's CEO, Sanoke Viswanathan, expressed optimism about the company's growth trajectory, citing strong client trust and the effectiveness of their data and workflow integration. The company also highlighted a quarterly dividend of $40.3 million, reflecting its commitment to returning value to shareholders. FactSet's strategic initiatives, including a multi-year agreement with Barclays and the launch of AI-driven solutions, position the company for sustained growth in the competitive financial services landscape.
