Description

FactSet Is Going All-In on AI — The Powerful Product Shift That’s Reshaping Client Renewals!

FactSet Research Systems Inc. reported its first-quarter results for fiscal 2026, highlighting some key financial and operational metrics. The company demonstrated positive momentum with strong growth in Annual Subscription Value (ASV), along with healthy operating margins. However, there were some notable challenges across regions and firm types which provide a comprehensive view of the company’s current situation. FactSet achieved a 5.9% increase in ASV, pushing it to $2.4 billion. The company’s adjusted operating margin stood at 36.2%, while the adjusted diluted earnings per share were reported at $4.51, a year-on-year growth of 3%. FactSet’s client base showed resilience, with a growth rate of 9% year-over-year, translating to over 9,000 clients. The company’s user base has reached almost 240,000, and client retention rates remained strong at 91% for clients and over 95% for ASV. Regionally, FactSet experienced varied results.