FactSet Research Systems Inc. (FDS) Earnings Call Transcripts
FactSet Research Systems Inc.'s Latest Earnings Call - Q3 FY2026
In the third quarter of fiscal 2026, FactSet Research Systems Inc. reported strong performance with revenue of $622.9 million, reflecting a 6.4% year-over-year increase, and adjusted EPS of $4.53, up 6.1%. Notably, the company achieved an organic ASV growth of 7.1%, marking the fifth consecutive quarter of acceleration in this metric. Management maintained guidance for the fourth quarter, citing a robust pipeline and ongoing momentum, although they acknowledged tougher year-over-year comparisons due to last year's record performance.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $622.9 million (beat) |
| Adjusted EPS | $4.53 (beat) |
| Organic ASV | $2.48 billion (positive) |
| Adjusted Operating Margin | 34% (negative) |
| Free Cash Flow | $254 million (positive) |
| Share Repurchase | $203 million (positive) |
Guidance from management
Management reaffirmed guidance for Q4, expressing confidence in achieving high-end targets for ASV, revenue, and EPS, while acknowledging tougher year-over-year comparisons.
What management said
Yes, I'll go first, and thanks for the question. Thanks for the welcome. Maybe let's take your questions in reverse order. In terms of client count and user count, more than happy to share our user count is up 12% year-over-year, you should expect to see those numbers in our Q that we are filing likely aftermarket today. But what -- fundamentally, we're committed to transparency, and we're committed to giving you the...
Yes. Two things. We are making investments in a number of different areas. There are investments we've made in improving our sales productivity, our tooling, our marketing capabilities, our website, et cetera. These are very, very fast payback initiatives that pay back in a matter of months. And so we are very excited to continue to make those sets of investments. And then there are structural investments that we hav...
What analysts pressed on
Analysts expressed concerns regarding potential moderation in ASV growth for Q4, questioning whether this was due to conservatism or tougher comparisons. There were also inquiries about the impact of margin compression and the sustainability of recent productivity gains.
Main topics on the call
- Organic ASV Growth — FactSet reported organic ASV growth of 7.1% to $2.48 billion, an acceleration of over 250 basis points compared to the previous year. CEO Sanoke Viswanathan emphasized, "Q3 performance was strong with our fifth consecuti...
- AI Adoption Impact — The company noted that over 90% of its top 50 clients are using four or more AI solutions, contributing to a 50% higher ASV growth among these clients. This reflects the increasing value of AI in client retention and exp...
- Margin Compression — Adjusted operating margin decreased to 34%, down approximately 300 basis points year-over-year due to increased investments and performance-related compensation. CFO Josh Warren noted, "Periods of faster ASV acceleration...
- Client Engagement and Renewals — FactSet successfully renewed contracts with an average term extension of 30%, with no price compression involved. Viswanathan stated, "We are not taking any price compression in return for their contract extensions."
Read the full FactSet Research Systems Inc. transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About FactSet Research Systems Inc.
FactSet Research Systems Inc. (FDS) is a publicly listed company in the Capital Markets industry, within the Financials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 53 calls on record spanning February 27, 2020 to July 1, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 53 FactSet Research Systems Inc. earnings call transcripts on record, spanning February 27, 2020 to July 1, 2026. Based on this history, FactSet Research Systems Inc. reports quarterly. The most recent call on file is dated July 1, 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
- 53
- First call
- February 27, 2020
- Most recent
- July 1, 2026
- Reporting cadence
- quarterly