Strong Organic ASV Growth
FactSet achieved an organic ASV growth of 4.5% year-over-year, driven by recent wins in wealth, dealmakers, and partnerships.
Record Adjusted Operating Margin
FactSet delivered an adjusted operating margin of 36.8% and an adjusted diluted EPS of $4.27.
Client Base Expansion
The client base grew to over 8,800, driven by strong demand from corporate wealth management and buy-side clients.
Wealth Segment Growth
Wealth organic ASV maintained its double-digit growth pace in Q3 with new business sales nearly doubling the number of new logos versus a year ago.
Successful Product Expansion
New strategic wins in front-office solutions and improved retention with asset management clients were secured.
Positive Free Cash Flow
Free cash flow grew to $229 million in the third quarter, up 5% over the same period last year.