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FactSet: A 6.7% ASV Growth Reality Check On Momentum!

FactSet Research Systems Inc. reported second quarter fiscal 2026 results demonstrating continued acceleration in organic annual subscription value (ASV) growth, which increased 6.7% year-over-year to $2.45 billion. This marks the fourth consecutive quarter of acceleration across all geographies and client segments, supported by expansions, new business wins, and pricing actions. Geographic growth was balanced with the Americas growing 7%, EMEA 4%, and Asia Pacific 10%. By firm type, institutional buy-side grew 5%, wealth management maintained 10%, dealmakers increased 8%, and market infrastructure expanded 8%. The company added 98 net new clients, bringing the total to 9,101, with a user base exceeding 241,000. Customer retention remained strong, with ASV retention over 95% and client retention at 91%. Financially, FactSet generated revenues of $611 million, up 7.1% year-over-year, or 6.8% organically after excluding foreign exchange and M&A effects. Adjusted diluted earnings per share increased 4% to $4.46.