NORWALK, Conn., Feb. 26, 2026 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, today announced it will release its financial and operating results for the second quarter fiscal 2026, ending February 28, 2026, on Tuesday, March 31, 2026. FactSet will host a conference call at 9:00 a.m. Eastern Time on the same day to discuss the results, followed by a live Q&A session. Second Quarter Fiscal 2026 Conference Call Details Date:Tuesday, ...

Core Insights - Barclays has entered a multiyear partnership with FactSet to enhance its market data strategy, leveraging FactSet's advanced analytics and technology to provide improved data-driven solutions for its clients [1][2] Group 1: Partnership Details - The collaboration aims to transform market data consumption, shifting clients from mere consumers to co-creators of capabilities for competitive insights [2] - FactSet will supply Barclays with a comprehensive suite of products, data, and solutions, ensuring optimal delivery for customers [2] - Barclays has been invited to join FactSet's Client Advisory Board, facilitating close collaboration on future data and technology solutions [3] Group 2: Company Backgrounds - Barclays aims to be a UK-centered leader in global finance, operating across various sectors including consumer, corporate, and investment banking [4] - FactSet provides enterprise data and information solutions, integrating proprietary financial data and third-party sources to enhance decision-making for over 9,000 global clients [5]

Core Points - FactSet will release its financial and operating results for Q1 fiscal 2026 on December 18, 2025 [1] - A conference call will be held at 9:00 a.m. Eastern Time on the same day to discuss the results [2] - The earnings presentation will be available on FactSet's Investor Relations website at 8:30 a.m. Eastern Time on December 18, 2025 [3] Company Overview - FactSet is a global financial digital platform and enterprise solutions provider, serving approximately 9,000 global clients and over 237,000 individual users [4] - The company integrates proprietary financial data, client datasets, and third-party sources to deliver tailored solutions across various sectors [4] - FactSet has over 47 years of expertise and operates in 20 countries, focusing on innovation and long-term client success [4]

Core Insights - FactSet reported third quarter fiscal 2025 GAAP revenues of $585.5 million, reflecting a 5.9% increase from the prior year, driven by growth in wealth and institutional buy-side clients [4][5] - Organic Annual Subscription Value (ASV) reached $2,296.9 million, up 4.5% year over year, indicating a strong demand for subscription services [4][7] - The company announced a leadership transition with Sanoke Viswanathan set to become CEO in September 2025, succeeding Phil Snow [4][15] Financial Performance - GAAP revenues increased by $32.8 million compared to the same period last year, while organic revenues grew by 4.4% to $577.2 million [4][5] - GAAP diluted EPS decreased by 5.4% to $3.87, and adjusted diluted EPS decreased by 2.3% to $4.27, primarily due to higher operating expenses [4][5][30] - Net cash provided by operating activities was $253.8 million, a 6.5% increase year over year, with free cash flow rising to $228.6 million, up 5.4% [4][5][37] Subscription Metrics - Total ASV was $2,335.1 million as of May 31, 2025, compared to $2,199.1 million a year earlier, with organic ASV growth of $98.5 million [4][7] - The buy-side clients accounted for 82% of organic ASV, with both buy-side and sell-side organic ASV growth rates at 4.0% [8][9] - ASV from the Americas increased by 5.0% to $1,486.0 million, while EMEA and Asia Pacific saw organic ASV growth rates of 2.1% and 7.1%, respectively [9][10][11] Operational Highlights - FactSet repurchased 184,050 shares for $80.7 million during the quarter, with $106.2 million remaining for future repurchases [12] - The company reaffirmed its fiscal 2025 guidance, expecting organic ASV growth between $100 million to $130 million [13][20] - Client count increased to 8,811, with a net addition of 166 clients, and user count rose to 220,496, reflecting growth in wealth management [15][22] Strategic Developments - FactSet was named Databricks' Financial Services Data Partner of the Year, enhancing its data integration capabilities [15] - The company entered a new credit agreement with a term loan of $500 million and a revolving credit facility of $1.0 billion, which remains undrawn [15]

Core Viewpoint - FactSet has appointed Sanoke Viswanathan as the new CEO, effective early September 2025, succeeding Phil Snow, who will retire after a successful 30-year career with the company [1][3]. Company Overview - FactSet is a global financial digital platform and enterprise solutions provider, recognized for its cutting-edge technology and data solutions that enhance financial intelligence [5]. - The company serves over 8,600 global clients and nearly 220,000 individual users, with a presence in 20 countries and extensive multi-asset class coverage [5]. Leadership Transition - Sanoke Viswanathan brings 15 years of experience from JPMorgan Chase, where he held various leadership roles, including CEO of International Consumer and Wealth [2][4]. - Phil Snow has led FactSet for the past decade, during which the company has more than doubled its revenue and achieved annualized double-digit EPS growth and total shareholder return [3]. Strategic Vision - Viswanathan's expertise in international wealth management and technology-driven growth strategies aligns with FactSet's goals for future development [3]. - The transition is expected to support FactSet's evolution as a leading data and workflow solutions provider, focusing on delivering new products and services for sustainable growth [3][4].