FACTSET RESEARCH SYSTEMS INC recently released its 10-Q report. FactSet Research Systems Inc. and its subsidiaries operate a financial data and analytics platform for investment professionals, offering workstations, portfolio analytics, enterprise data solutions, managed services, and subscription-based market intelligence. The company serves institutional asset managers, bankers, wealth managers, asset owners, hedge funds, corporate users, and private equity and venture capital professionals across the Americas, EMEA, Asia Pacific, and other international markets.
In Item 2, Management’s Discussion and Analysis, FactSet defines Organic ASV as ASV excluding ASV from acquisitions and dispositions completed within the last 12 months and excluding the effects of foreign currency movements. ASV at February 28, 2026 was $2.4502 billion, and Organic ASV was $2.4491 billion, up 6.7% year over year; the foreign currency impact was negative $1.1 million. Organic ASV increased in all segments, with the largest contribution from the Americas, and the company said the increase was primarily driven by data solutions and workstations, reflecting higher net sales to existing clients and, to a lesser extent, new clients.
For the second quarter of fiscal 2026, operating margin was 30.3%, down from 32.5% a year earlier. Revenues rose 7.1% to $611.0 million from $570.7 million, while operating income was essentially flat at $185.0 million versus $185.5 million. Net income fell 8.1% to $133.1 million from $144.9 million, and diluted EPS declined 4.5% to $3.59 from $3.76.
For the six months ended February 28, 2026, revenues increased 7.0% to $1.219 billion from $1.139 billion. Operating income was $377.0 million, compared with $376.8 million a year earlier, while net income declined 3.1% to $285.6 million from $294.9 million. Diluted EPS was $7.65, essentially unchanged from $7.66.
By geography, second-quarter revenue was $399.7 million in the Americas, up 8.1%; $149.1 million in EMEA, up 4.0%; and $62.2 million in Asia Pacific, up 8.0%. For the first half, those figures were $795.9 million, $298.6 million, and $124.1 million, respectively. The Americas accounted for 65.4% of quarterly revenue, EMEA 24.4%, and Asia Pacific 10.2%.
Client count reached 9,101 as of February 28, 2026, up from 8,645 a year earlier, while user count rose to 241,352 from 219,141. Annual ASV retention remained above 95% of ASV, and retention measured as a percentage of clients was 91% in both periods. Employee headcount increased 1.9% to 12,840, with 8,883 employees in Asia Pacific, 2,501 in the Americas, and 1,456 in EMEA.
FactSet returned $204.0 million to stockholders during the quarter through share repurchases and dividends. As a result of these announcements, the company's shares have moved 1.23% on the market, and are now trading at a price of $196.27. For more information, read the company's full 10-Q submission here.
