Quarterly ResultJul 1, 2026, 07:02 AM
FactSet Q3 Revenue $622.9M (+6.4%); Adj. EPS $4.53 (+6.1%)
AI Summary
FactSet announced strong third-quarter fiscal 2026 results, with GAAP revenues growing 6.4% to $622.9 million and organic revenues up 7.0%. Adjusted diluted EPS increased 6.1% to $4.53, driven by revenue growth and a lower share count, despite GAAP diluted EPS declining due to higher operating expenses. The company reported accelerating organic ASV growth of 7.1% to $2,485.6 million, deepened enterprise relationships, and expanded AI product adoption with new partnerships. FactSet also returned over $243 million to shareholders and reaffirmed its fiscal 2026 outlook.
Key Highlights
- GAAP revenues grew 6.4% year over year to $622.9 million.
- Organic revenues increased 7.0% year over year to $622.9 million.
- Organic Annual Subscription Value (ASV) reached $2,485.6 million, up 7.1% year over year.
- Adjusted diluted EPS increased 6.1% to $4.53 compared to $4.27 in the prior year.
- Net cash provided by operating activities was $284.5 million, an increase of 12.1% year over year.
- FactSet returned $243.4 million to shareholders in Q3, including $203.1 million in share repurchases and $40.3 million in dividends.
- Joshua B. Warren was appointed Chief Financial Officer, effective April 13, 2026.
- Annual ASV retention remained above 95%, with enterprise renewals extending in length by 30% on average.
Price Impact
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