Core Insights - FactSet (FDS) reported strong second-quarter fiscal 2026 results, with earnings and revenues exceeding the Zacks Consensus Estimate [1][10] - Earnings per share reached $4.46, surpassing estimates by 2.1% and increasing 4.2% year-over-year [1][10] - Revenues totaled $611 million, beating estimates and reflecting a 7.1% year-over-year growth [1][10] Revenue Performance - Organic revenues grew by 6.8% year-over-year to $606.2 million, with regional growth rates of 7.4% in the Americas, 4% in EMEA, and 9.7% in Asia Pacific [3] - Revenue breakdown: Americas segment generated $399.7 million (up 8.1%), EMEA contributed $149.1 million (up 4%), and Asia Pacific brought in $62.2 million (up 8%) [4] Subscription Value and Client Growth - Annual Subscription Value (ASV) plus professional services reached $2.5 billion, with organic ASV at $2.4 billion, a 6.7% increase year-over-year [5] - The company added 98 clients in Q2, bringing the total to 9,101, with a client retention rate of 91% [6] Operating Results - Adjusted operating income was $214.1 million, slightly up from the previous year but below estimates [7] - Adjusted operating margin decreased to 35%, down 230 basis points year-over-year [7] Financial Position - Cash and cash equivalents at the end of the quarter were $268.3 million, down from $275.4 million in the previous quarter [8] - Long-term debt remained stable at $1.4 billion, with cash generated from operating activities at $211.7 million and capital expenditures of $26 million [8] Guidance for Fiscal 2026 - Revenue guidance for fiscal 2026 was raised to $2.45-$2.47 billion, higher than the previous estimate [11] - Earnings per share expectations were increased to $17.25-$17.75, with the adjusted operating margin projected at 34-35.5% [12]

Core Insights - FactSet (FDS) reported mixed results for Q4 fiscal 2025, with earnings per share of $4.05 missing the Zacks Consensus Estimate by 2.4%, while revenues of $596.9 million exceeded expectations, increasing by 6.2% year-over-year [1][9] Revenue Performance - Organic revenues grew by 4.5% year-over-year to $562.2 million, with regional growth rates of 5.3% in the Americas, 1.7% in EMEA, and 5.9% in Asia Pacific [3] - Revenues from the Americas segment were $388.7 million, up 7.3% year-over-year, while EMEA revenues were $147.4 million, a 3% increase, and Asia Pacific revenues reached $60.8 million, marking 7.4% growth [4] Annual Subscription Value (ASV) and Professional Services - FactSet's ASV plus professional services totaled $2.4 billion, reflecting a 5.7% increase year-over-year, with buy-side and sell-side organic ASV growth rates of 5.5% and 4.3%, respectively [5] - Organic ASV from the United States was $1.5 billion, up 6%, while EMEA and Asia Pacific ASV were $586.3 million (4.2% increase) and $242.7 million (7.2% increase), respectively [6] Operating Results - Adjusted operating income was $201.7 million, slightly above estimates, with an adjusted operating margin of 33.8%, down 200 basis points from the previous year [7] Balance Sheet and Cash Flow - The company ended the quarter with cash and cash equivalents of $337.7 million, down from $356.4 million in the previous quarter, and long-term debt remained at $1.4 billion [8] - FactSet generated $212.1 million in cash from operating activities, with capital expenditures of $34 million, resulting in a free cash flow utilization of $178.1 million [8] Fiscal 2026 Guidance - For fiscal 2026, FactSet anticipates revenues between $2.423 billion and $2.448 billion, lower than the Zacks Consensus Estimate of $2.45 billion, and expects earnings per share in the range of $16.9 to $17.6, also below the consensus estimate of $18.51 [10]