Quarterly ResultJul 1, 2026, 07:06 AM
FactSet Q3 Revenue $622.9M, Organic ASV +7.1%; CFO Appointed
AI Summary
FactSet Research Systems Inc. announced its third quarter fiscal 2026 results, reporting GAAP revenues of $622.9 million, a 6.4% increase year over year, and organic revenues up 7.0%. Organic Annual Subscription Value (ASV) grew 7.1% to $2,485.6 million. While GAAP operating income and net income declined, adjusted diluted EPS rose 6.1% to $4.53. The company also highlighted strong client adoption of AI products, new partnerships, and the appointment of Joshua B. Warren as Chief Financial Officer, while reaffirming its fiscal 2026 outlook.
Key Highlights
- GAAP revenues grew 6.4% to $622.9 million in Q3 2026.
- Organic revenues increased 7.0% year over year to $622.9 million.
- Organic ASV reached $2,485.6 million, up 7.1% year over year.
- Adjusted diluted EPS increased 6.1% to $4.53.
- Net cash provided by operating activities was $284.5 million, up 12.1%.
- FactSet returned $243.4 million to shareholders in Q3, including $203.1 million in share repurchases.
- Joshua B. Warren was appointed Chief Financial Officer, effective April 13, 2026.
- FactSet reaffirmed its fiscal 2026 guidance for organic ASV growth and revenues.
Price Impact
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