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FactSet (FDS) investor relations material

FactSet Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary18 Dec, 2025

Executive summary

  • Q1 FY26 revenues grew 6.9% year-over-year to $608 million, with organic revenue growth of 6% and organic ASV up 5.9%.

  • Adjusted diluted EPS rose 3.2% to $4.51, and adjusted operating margin was 36.2%.

  • Key client wins included mandates with a top wirehouse breakaway team, a global top-10 bank, and a major investment manager.

  • Strategic investments focused on scaling data, deepening client workflows, and foundational enablers.

  • Share repurchase authorization increased from $400 million to $1 billion, reflecting confidence in long-term fundamentals.

Financial highlights

  • Q1 organic revenues were $600 million, up 6.0% year-over-year; GAAP revenues reached $607.6 million.

  • Adjusted operating margin was 36.2%, down 137 bps year-over-year; adjusted EBITDA grew 8.3% to $248.8 million.

  • Adjusted diluted EPS reached $4.51, up 3.2% year-over-year.

  • Free cash flow for Q1 was $90.4 million, up 49.5% year-over-year.

  • Operating expenses increased mainly due to higher people-related and technology costs.

Outlook and guidance

  • Fiscal 2026 revenue expected between $2,423 million and $2,448 million.

  • Adjusted operating margin forecasted at 34.0%–35.5%; GAAP margin at 29.5%–31.0%.

  • Adjusted diluted EPS guidance set at $16.90–$17.60; annual effective tax rate expected between 18.0% and 19.0%.

  • Organic ASV expected to grow $100–$150 million in fiscal 2026.

  • Guidance reaffirmed across all metrics, with Q2 margins reflecting increased investment.

How did share repurchases impact Q1 EPS?
Reconcile ASV growth with client count
Explain new partnerships' strategic alignment
Detail productivity gains offsetting investment impact
Explain the drivers of Wealth and AsiaPac ASV growth
How do proprietary offerings sustain market leadership?
How do investments drive competitive differentiation?
How does AI adoption shift client consumption patterns?
Detail pricing and packaging changes impact on ASV
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Frequently asked questions

Financial Data Providers

FactSet Research Systems, commonly known as FactSet, is a leading global provider of integrated financial data, analytical applications, and services for investment professionals. The company was founded in 1978 and is headquartered in Norwalk, Connecticut. FactSet serves a diverse clientele, including portfolio managers, research analysts, and investment bankers, among others. With its suite of products, FactSet offers users the ability to access vast datasets, analyze financial data, and stay updated with real-time market information.

Over 40 Years of Providing Data

Established in 1978, FactSet began its journey doing the same thing it does now: providing financial professionals with data and analytical tools. Founded by Howard Wille and Charles Snyder, the company initially delivered most of the data manually through the help of bike courier services. Over the decades, FactSet has expanded its offerings and global footprint, gradually transitioning from a data provider to a comprehensive platform offering integrated financial solutions. Some companies operating in the same field include us here at Quartr and S&P Global.

The Service

FactSet is a global provider of financial data and analytic software for investment professionals. Its platform aggregates information from hundreds of sources, enabling users to access a wide spectrum of data ranging from market news to advanced analytical tools. FactSet's users can obtain real-time market data, conduct financial research, manage portfolios, and assess risk within its integrated environment.

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