Factset Research ( (FDS) ) has released its Q3 earnings. Here is a breakdown of the information Factset Research presented to its investors.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
FactSet Research Systems Inc. is a global financial digital platform and enterprise solutions provider, offering data and technology solutions to clients across the buy-side, sell-side, wealth management, private equity, and corporate sectors.
In its third quarter of fiscal 2025, FactSet reported a 5.9% increase in GAAP revenues, reaching $585.5 million, driven by growth in wealth and institutional buy-side clients. The company also announced a leadership change with Sanoke Viswanathan set to take over as CEO in September 2025.
Key financial metrics for the quarter included a 4.5% increase in Organic Annual Subscription Value (ASV) to $2,296.9 million and a 5.4% decline in GAAP diluted EPS to $3.87. The operating margin decreased to 33.2% due to higher operating expenses, although free cash flow improved by 5.4% to $228.6 million. FactSet also expanded its client base and increased its quarterly dividend by 6%.
Looking forward, FactSet reaffirms its fiscal 2025 guidance, expecting organic ASV growth between $100 million and $130 million, with GAAP revenues projected to be between $2,305 million and $2,325 million. The company remains focused on executing its strategic priorities and maintaining its growth trajectory under new leadership.