FactSet Research Systems Inc. has recently released its 10-Q report, revealing essential insights into its financial performance and operational metrics. The company operates as a financial digital platform and enterprise solutions provider for the investment community globally. It offers subscription-based financial data and market intelligence, serving investment professionals, including institutional asset managers, wealth managers, hedge funds, and private equity professionals. As of May 31, 2025, the company had 8,811 clients, 220,496 users, and 12,579 employees.
The report provides a detailed breakdown of the company's Annual Subscription Value (ASV) and Organic ASV. As of May 31, 2025, the Organic ASV was $2,296.9 million, reflecting a 4.5% increase compared to the prior year. The increase was primarily driven by higher sales to existing clients and, to a lesser extent, price increases to existing clients and sales to new clients across all segments, with the majority of the increase in the Americas.
In terms of revenue, FactSet's operating margin was 33.2% for the third quarter of fiscal 2025, compared to 36.6% in the prior year period. The diluted earnings per common share ("Diluted EPS") was $3.87 for the third quarter of fiscal 2025, a decrease of 5.4% from the comparable prior year period. The company returned $120.2 million to its stockholders in the form of share repurchases and dividends during the three months ended May 31, 2025.
Revenues for the three months ended May 31, 2025, were $585.5 million, representing a 5.9% increase from the same period a year ago. Revenues increased in all segments, primarily in the Americas, driven by workstations and front office solutions. For the nine months ended May 31, 2025, revenues were $1,724.8 million, reflecting a 5.1% growth, primarily driven by workstations and client solutions.
Cost of services increased by 13.7% to $280.7 million for the three months ended May 31, 2025, primarily due to higher employee compensation costs and amortization of intangible assets. For the nine months ended May 31, 2025, cost of services increased by 7.3% to $809.1 million, mainly due to an increase in amortization of intangible assets, computer-related expenses, and employee compensation costs.
The market has reacted to these announcements by moving the company's shares 0.05% to a price of $447.94. For more information, read the company's full 10-Q submission here.
