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].