Factset Research Systems Inc (FDS) Financial Statements
Industry: Computer Programming, Data Processing, Etc. (Services)
In fiscal 2025, Factset Research Systems reported revenue of $2.32B, up 5.4% from $2.20B the year before. Net income was $597.0M (a 25.7% net margin), or $15.55 per diluted share. Gross margin was 52.7% and operating margin was 32.2%. Operating activities generated $726.3M of cash, leaving $617.5M of free cash flow. At fiscal year end, Factset Research Systems held $4.30B in total assets against $2.12B in total liabilities, including $337.7M of cash and equivalents.
Open the full interactive Factset Research Systems financials → Quarterly statements, key ratios, valuation history and price charts.
Factset Research Systems Key Stats
| Share Price | $290.82 |
|---|---|
| Market Cap | $10.53B |
| P/E Ratio | 18.7 |
| Dividend Yield | 1.56% |
| Revenue YoY Growth | +5.4% |
| 52-Week Range | $187.46 – $313.55 |
| Shares Outstanding | 36.1 million (basic, 2026 Q3) |
Factset Research Systems Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.49B | $1.59B | $1.84B | $2.09B | $2.20B | $2.32B |
| Cost of Goods Sold | $695.4M | $786.4M | $871.1M | $973.2M | $1.01B | $1.10B |
| Gross Profit | $798.7M | $805.0M | $972.8M | $1.11B | $1.19B | $1.22B |
| Operating Income | $439.7M | $474.0M | $475.5M | $629.2M | $701.3M | $748.3M |
| Pre-Tax Income | $427.1M | $467.6M | $443.6M | $584.0M | $651.5M | $721.0M |
| Income Tax | $54.2M | $68.0M | $46.7M | $115.8M | $114.4M | $123.9M |
| Net Income | $372.9M | $399.6M | $396.9M | $468.2M | $537.1M | $597.0M |
| Diluted EPS | $9.65 | $10.36 | $10.25 | $12.04 | $13.91 | $15.55 |
Factset Research Systems Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $596.9M | $607.6M | $611.0M | $622.9M |
| Net Income | $153.6M | $152.6M | $133.1M | $126.7M |
| Diluted EPS | $4.00 | $4.06 | $3.59 | $3.50 |
Factset Research Systems Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $585.6M | $681.9M | $503.3M | $425.4M | $423.0M | $337.7M |
| Current Assets | $841.9M | $933.6M | $870.3M | $770.1M | $835.8M | $729.8M |
| Total Assets | $2.08B | $2.22B | $4.01B | $3.96B | $4.06B | $4.30B |
| Current Liabilities | $276.3M | $315.7M | $438.3M | $484.3M | $667.1M | $521.3M |
| Total Long-Term Debt | $574.4M | $574.5M | $1.98B | $1.61B | $1.37B | $1.37B |
| Total Liabilities | $1.19B | $1.21B | $2.68B | $2.34B | $2.14B | $2.12B |
| Shareholders' Equity | $896.4M | $1.02B | $1.33B | $1.62B | $1.91B | $2.19B |
Factset Research Systems Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $505.8M | $555.2M | $538.3M | $645.6M | $700.3M | $726.3M |
| Cash From Investing | -$73.6M | -$136.0M | -$2.03B | -$95.4M | -$144.3M | -$392.8M |
| Cash From Financing | -$218.1M | -$322.7M | $1.34B | -$632.0M | -$560.9M | -$407.8M |
| Free Cash Flow | $428.2M | $493.9M | $487.1M | $584.8M | $614.7M | $617.5M |
| Dividends Paid | $110.4M | $117.9M | $125.9M | $138.6M | $150.7M | $160.0M |
Figures from Factset Research Systems' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Factset Research Systems financials page for every line item.
Factset Research Systems Company Profile
| Ticker | FDS |
|---|---|
| Exchange | NYSE |
| Industry | Computer Programming, Data Processing, Etc. (Services) |
| Headquarters | Norwalk, Connecticut |
| Incorporated in | Delaware |
| Fiscal Year End | August 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001013237 |
Frequently Asked Questions
What was Factset Research Systems' revenue in fiscal 2025?
Factset Research Systems (FDS) reported revenue of $2.32B for fiscal 2025.
What is Factset Research Systems' annual revenue history?
Factset Research Systems' annual revenue by fiscal year: 2020: $1.49B; 2021: $1.59B; 2022: $1.84B; 2023: $2.09B; 2024: $2.20B; 2025: $2.32B.
What was Factset Research Systems' net income in fiscal 2025?
Factset Research Systems reported net income of $597.0M for fiscal 2025.
What was Factset Research Systems' earnings per share (EPS) in fiscal 2025?
Factset Research Systems' diluted EPS was $15.55 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Factset Research Systems generate in fiscal 2025?
Factset Research Systems generated $617.5M of free cash flow in fiscal 2025.
What was Factset Research Systems' revenue last quarter?
In its most recent reported quarter (2026 Q3), Factset Research Systems reported revenue of $622.9M.
How much debt does Factset Research Systems have?
Factset Research Systems reported $1.37B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Factset Research Systems are outstanding?
Factset Research Systems reported a weighted average of 36.1 million basic shares outstanding in 2026 Q3.
What is Factset Research Systems' market cap?
Based on its latest closing price, Factset Research Systems (FDS) has a market capitalization of about $10.53B.
When does Factset Research Systems' fiscal year end?
Factset Research Systems' fiscal year end, as registered with the SEC, is August 31.
Where is Factset Research Systems headquartered?
Factset Research Systems lists its business address in Norwalk, Connecticut in its SEC filings.
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