FactSet Research Systems Inc. (FDS) Earnings Call Transcripts

FactSet Research Systems Inc.'s Latest Earnings Call - Q4 FY2026

In the fourth quarter of fiscal 2026, FactSet Research Systems Inc. reported strong financial results, with revenue exceeding $634 million, reflecting a 6.3% year-over-year increase, and adjusted EPS of $4.52, up 11%. For the full fiscal year, the company achieved $2.47 billion in revenue, a 6.7% growth, and organic ASV growth of 7%, totaling $2.56 billion, surpassing guidance. Management provided guidance for fiscal 2027, expecting organic ASV growth of 5% to 6.5%, with revenue growth anticipated at 5% to 6%, indicating a cautious outlook amid a robust pipeline and ongoing investments in AI and product development.

Reported metrics

Guidance from management

For fiscal 2027, management expects organic ASV growth of 5% to 6.5% and revenue growth of 5% to 6%, indicating a cautious outlook amid a robust pipeline and ongoing investments in AI and product development.

What management said

We'll give you a pass this time, Shlomo. Maybe I'll take the second 1 first and then Sanoke can take it over to you for Investor Day. Yes, Sanoke, actually in the last question talked a bit about the adoption that we see, the utilization that we see, the early stages of monetization that we see and specifically, that's right. With regard to our ASV that comes from our AI offerings both for this quarter as well as for...

Yes. We don't call out that specific metric, but I can give you some color around it, which is our MCP delivery to all of those top clients, is typically bundled with a whole host of other capabilities. It tends to include traditional data feeds. It tends to include additional data feeds and it tends to include a combination of workstations and various other analytic solutions. On the whole, when workstation users st...

What analysts pressed on

Analysts expressed concerns about the competitive landscape, particularly regarding the introduction of new MCP offerings by competitors. There were also questions about the sustainability of margins given the increased focus on consumption-based pricing and its impact on incentive structures.

Main topics on the call

• Record ASV Growth — FactSet achieved organic ASV growth of 7% in Q4, totaling $2.56 billion, which exceeded the high end of management's guidance. CEO Sanoke Viswanathan stated, "For the year, organic ASV grew at 7% or $168 million to $2.56...
• AI Integration and Adoption — AI-related solutions contributed over 10% of new ASV in Q4, indicating strong client interest and adoption. Management noted, "Clients using our AI solutions grew their ASV twice as fast as the rest of our client base in...
• Margin Compression — Adjusted operating margin for Q4 was 33%, slightly down from 33.8% year-over-year, attributed to increased performance-based compensation expenses. CFO Josh Warren mentioned, "Periods of faster ASV growth can temporarily...
• Acquisition of BCC Group — FactSet announced the acquisition of BCC Group to enhance its real-time data offerings. This acquisition is expected to expand FactSet's addressable market and improve its competitive positioning in the real-time data ec...

Read the full FactSet Research Systems Inc. transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 55 FactSet Research Systems Inc. earnings call transcripts on record, spanning February 27, 2020 to September 30, 2026. Based on this history, FactSet Research Systems Inc. reports quarterly. The most recent call on file is dated September 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

FDS

Exchange

NYSE

Country

US

Sector

Financials

Industry

Capital Markets

Calls on record

55

First call

February 27, 2020

Most recent

September 30, 2026

Reporting cadence

quarterly