Fiscal Year 2025 Key Accomplishments - FactSet achieved over 45 years of consecutive revenue growth[10] - The company saw 29 years of consecutive adjusted diluted EPS growth[10] - There were 26 years of consecutive dividend growth[10] - Organic ASV growth reached $127 million, exceeding the guidance range of $100-$130 million[11] - Annual Revenue was $2,322 million, within the guidance range of $2,305-$2,325 million[12] - Adjusted Operating Margin was 363%, aligning with the guidance range of 360%-370%[13] - Adjusted Diluted EPS was $1698, within the guidance range of $1680-$1740[13] Q4 2025 Financial Performance - Revenues increased by 62% to $596901 thousand[33] - Organic Revenues increased by 45% to $587326 thousand[33] - Adjusted Operating Margin decreased by 200 bps to 338%[19] - Adjusted Diluted EPS increased by 83% year-over-year to $405[19] ASV Growth & Key Metrics - Organic ASV grew by 57%[19] - Total Organic ASV reached $2,371 million[23] - Wealth segment ASV grew by 10% to $371 million[23] - Institutional Buy-Side ASV grew by 4% to $1,156 million[23] - Partnerships & CGS ASV grew by 8% to $401 million[23] - Dealmakers ASV grew by 4% to $443 million[23] - EMEA ASV grew by 4% to $586 million[23] - ASIAPAC ASV grew by 7% to $243 million[23] - AMERICAS ASV grew by 6% to $1,542 million[23] - ASV Retention was >95%[25] - Client Retention was 91%, up approximately 90 bps versus 2024 | Q4[28,30] - User Count increased by 10% to 237,324[27,28] - Client Count increased by 9% to 8,996[29,30] Fiscal Year 2026 Outlook - Organic ASV Growth is projected to be $100 - $150 million (~42% to ~62%)[41] - Revenues are expected to be $2,423 - $2,448 million[41] - GAAP Operating Margin is projected to be 295% - 310%[41] - Adjusted Operating Margin is projected to be 340% - 355%[41] - GAAP Diluted EPS is projected to be $1455 - $1525[41] - Adjusted Diluted EPS is projected to be $1690 - $1760[41]

Core Insights - FactSet Research Systems reported fourth-quarter sales of $596.9 million, exceeding analyst expectations of $593.5 million, marking a 6.2% year-over-year increase [1] - Adjusted earnings per share were $4.05, falling short of the expected $4.13 [1] - Organic revenues grew by 4.5% to $587.3 million during the quarter [2] Financial Performance - The quarterly adjusted operating margin was 33.8%, a decrease of 200 basis points due to increased technology expenses [3] - The company paid a quarterly dividend of $41.4 million, or $1.10 per share, on September 18, 2025 [3] - Cash and equivalents at the end of the quarter totaled $355.1 million, while long-term debt rose to $1.37 billion from $1.24 billion year-over-year [3] Client and Subscription Metrics - As of August 31, 2025, the client count reached 8,996, with a net increase of 185 clients in the last three months, primarily from corporate and wealth management sectors [2] - Annual Subscription Value (ASV) was $2.406 billion, up from $2.255 billion a year ago, with organic ASV increasing by $81.8 million over the last three months [2] Strategic Outlook - The company anticipates revenues between $2.423 billion and $2.448 billion, surpassing the analyst consensus estimate of $2.320 billion [5] - Projected adjusted diluted EPS is between $16.90 and $17.60, compared to the consensus estimate of $17.06 [5] - The company expects an adjusted operating margin of 34.0% to 35.5% [5] Market Reaction - FactSet's stock was trading lower by 0.90% to $333.00 in premarket trading [6]

Group 1 - FactSet reported quarterly earnings of $4.05 per share, missing the Zacks Consensus Estimate of $4.15 per share, but showing an increase from $3.74 per share a year ago, resulting in an earnings surprise of -2.41% [1] - The company posted revenues of $596.9 million for the quarter ended August 2025, surpassing the Zacks Consensus Estimate by 0.73%, and up from $562.19 million year-over-year [2] - FactSet has surpassed consensus revenue estimates three times over the last four quarters, indicating a positive trend in revenue performance [2] Group 2 - The stock has underperformed the market, losing about 30% since the beginning of the year, while the S&P 500 gained 12.2% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the coming quarter is $4.63 on revenues of $600.48 million, and for the current fiscal year, it is $18.51 on revenues of $2.45 billion [7] Group 3 - The Zacks Industry Rank places the Business - Information Services sector in the bottom 36% of over 250 Zacks industries, suggesting potential challenges for stocks in this sector [8] - The estimate revisions trend for FactSet was unfavorable ahead of the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6]

Core Insights - FactSet reported strong financial performance for Q4 and fiscal year 2025, highlighting growth driven by AI and data-driven innovation [1][3][5] Financial Performance - Q4 GAAP revenues reached $596.9 million, a 6.2% increase from Q4 2024, while fiscal 2025 GAAP revenues totaled $2,321.7 million, up 5.4% year over year [3][7] - Organic Annual Subscription Value (ASV) was $2,370.9 million as of August 31, 2025, reflecting a 5.7% increase year over year [3][6] - Q4 GAAP operating margin improved to 29.7%, up approximately 700 basis points year over year, while adjusted operating margin decreased to 33.8% [3][4] - Q4 GAAP diluted EPS was $4.03, a 73.7% increase from the prior year, and adjusted diluted EPS was $4.05, up 8.3% year over year [3][4] Client and User Growth - Client count increased by 9.5% to 8,996, with a net addition of 779 clients during fiscal 2025 [5][15] - User count grew by 9.7% to 237,324, driven by an increase in wealth management users [5][15] Regional Performance - ASV from the Americas was $1,570.1 million, with organic ASV increasing 6.0% [10] - ASV from EMEA was $591.6 million, with organic ASV up 4.2% [11] - ASV from Asia Pacific reached $243.9 million, reflecting a 7.2% increase in organic ASV [12] Cash Flow and Shareholder Returns - Net cash provided by operating activities for Q4 was $212.1 million, a 30.0% increase year over year, while free cash flow rose to $178.1 million [3][5] - The company returned $460.4 million to shareholders through share repurchases and dividends during fiscal 2025 [5][16] Future Guidance - For fiscal 2026, FactSet expects organic ASV growth of 4% to 6% and GAAP revenues in the range of $2,423 million to $2,448 million [3][23]

Market Sentiment - The CNN Money Fear and Greed index showed a slight decline in overall market sentiment, moving to a reading of 57.3, indicating a "Greed" zone, down from 57.5 [6] - U.S. stocks settled mixed, with the Dow Jones index gaining over 250 points during the session as the Federal Reserve implemented its first interest rate cut of the year [1][2] Federal Reserve Actions - The Federal Reserve delivered a 25-basis-point rate cut, with Chair Jerome Powell indicating that more easing could be forthcoming due to a cooling labor market and increasing downside risks to employment [2] Company Performance - General Mills Inc. reported fiscal 2026 first-quarter results that slightly exceeded Wall Street expectations [2] - Manchester United plc shares fell over 6% after the company reported mixed fourth-quarter financial results [2] Economic Indicators - U.S. housing starts decreased by 8.5% month-over-month to an annual rate of 1.307 million units in August, down from a revised 1.429 million in the previous month and below market estimates of 1.37 million [3] - Building permits also declined by 3.7% to an annualized rate of 1.312 million in August [3] Sector Performance - Most sectors on the S&P 500 closed positively, with consumer staples, financial, and materials stocks recording the largest gains, while information technology and industrials stocks closed lower [4] - The Dow Jones closed higher by approximately 260 points to 46,018.32, while the S&P 500 fell 0.10% to 6,600.35 and the Nasdaq Composite fell 0.33% to 22,261.33 during Monday's session [4] Upcoming Earnings - Investors are awaiting earnings results from Darden Restaurants Inc., Factset Research Systems Inc., and FedEx Corp [5]

Group 1 - Darden Restaurants Inc. (DRI) is expected to report quarterly earnings of $2.00 per share with revenue of $3.04 billion [2] - Bullish BLSH reported a profit of 93 cents per share for the second quarter, recovering from a loss of $1.03 per share a year ago, with revenue increasing to $58.63 million from $49.57 million [2] - Factset Research Systems Inc. (FDS) is anticipated to post quarterly earnings of $4.13 per share on revenue of $593.45 million [2] - 89bio Inc. (ETNB) has agreed to be acquired by Roche for $14.50 per share, representing a 79% premium to its closing stock price on September 17 [2] - FedEx Corp. (FDX) is expected to report quarterly earnings of $3.62 per share with revenue of $21.67 billion [2]

News Release I For Immediate Release FactSet Reports Results for Fourth Quarter and Fiscal 2025 NORWALK, Conn., September 18, 2025 - FactSet ("FactSet" or the "Company") (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced results for its fourth quarter and full year fiscal 2025 ended August 31, 2025. Fourth Quarter Fiscal 2025 Highlights (1) References to "organic" figures in this press release exclude the current year impact of acquisitions and di ...

Group 1 - FactSet Research Systems is expected to announce earnings on September 18, 2025, with anticipated revenue of approximately $593 million, reflecting a 5.5% increase year-over-year, and estimated earnings of around $4.13 per share [2] - The company currently has a market capitalization of $14 billion, with revenue for the past twelve months at $2.3 billion, operating profits of $704 million, and net income of $533 million [3] - The growth in revenue is driven by the expansion of its recurring revenue base, innovation in the generative AI sector, and strong demand from wealthy and institutional clients for advanced financial data and portfolio solutions [2] Group 2 - Historical data shows that FactSet Research Systems has had 20 earnings data points over the last five years, with a 50% occurrence of positive one-day post-earnings returns [5] - The median of the 10 positive one-day returns is 3.5%, while the median of the 10 negative returns is -4.3% [5] - A strategy to analyze the correlation between short-term and medium-term returns post-earnings can be employed, with a focus on pairs showing the highest correlation for trading decisions [6]

Key Takeaways FactSet will release 4Q25 results on Sept. 18, before market open.Revenues are expected to be $592.6M, suggesting a 5.6% y/y rise, led by growth across regions.EPS is projected at $4.15, indicating an 11% increase from the prior-year quarter's actual.FactSet Research Systems Inc. (FDS) is set to report fourth-quarter fiscal 2025 results on Sept. 18, before market open.FDS surpassed the Zacks Consensus Estimate in the trailing four quarters, delivering an average surprise of 1.7%.FactSet’s Q4 E ...

FactSet Research Systems Inc. FDS will release earnings for the fourth quarter, before the opening bell on Thursday, Sept. 18.Analysts expect the Norwalk, Connecticut-based company to report quarterly earnings at $4.13 per share. That's up from $3.74 per share in the year-ago period. FactSet Research projects quarterly revenue of $593.44 million, compared to $562.19 million a year earlier, according to data from Benzinga Pro.On Sept. 16, BlueMatrix announced the acquisition of the RMS Partners business from ...