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Corporate events
Filed after the FY2026 Q3 call day (Jul 1, 2026) through the next call day (Sep 30, 2026)From SEC 8-K filings
No 8-K events recorded for this window.
Top analysts & firms
All analyzed callsNot limited to the selected quarter · analysts and firms with 2 or more questions
What does “challenging” mean?
Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Most active analysts
Analyst
Firm
Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
FactSet delivered accelerating top-line momentum in fiscal Q3 2026, with revenue up 6.4% to $622.9 million and organic ASV growth accelerating to 7.1% (to $2.48 billion), its fastest pace since Q1 24, led by wealth and Asia Pacific at 10% each. Profitability compressed, however: adjusted operating margin fell approximately 300 basis points to 34% on deliberate investments in marketing, performance compensation tied to ASV bookings, and technology and token costs, and GAAP EPS declined to $3.51 (down 9.5%) even as adjusted EPS rose 6.1% to $4.53 on the strength of share buybacks. AI monetization emerged as a concrete driver, with over 10% of ASV growth coming directly from AI SKUS and MCP API call volume at 13x the prior quarter. Management reaffirmed full-year guidance for ASV, revenue, margin and EPS, noting it is tracking toward the high end of the revenue and EPS ranges. The quarter's story is strong demand and bookings acceleration set against near-term margin pressure from front-loaded growth investment.
Key Themes7
positive📊 company
Organic ASV Growth Accelerated To 7.1%
For the third quarter, organic ASV accelerated to 7.1% year over year, an increase of $35 million during the quarter, FactSet's highest ASV growth rate since Q1 24, with growth across all regions and client types.
Revenue GrowthDemand
positive📊 company
AI Monetization And MCP Momentum
Over 10% of the ASV growth came directly from AI SKUS, and FactSet's MCP server has over 450 clients actively engaged with Q3 API call volumes at 13x the level experienced in Q2.
Cloud & AIRevenue Growth
negative📊 company
Adjusted Operating Margin Compression
Adjusted operating margin was 34%, down approximately 300-basis points relative to the comparable quarter in 2025, driven by targeted investments, marketing, and performance related compensation linked to ASV momentum.
MarginCost Pressure
positive📊 company
AI-Driven Productivity And Workforce Actions
Coding agents now author 27% of committed code in the engineering teams using these tools, and management initiated a roughly 10% reduction in its technology workforce while overall headcount fell approximately 1%.
MarginInnovation & R&D
mixed📊 company
Shift To Longer Enterprise Agreements
The majority of ASV renewed in Q3 was in the form of enterprise agreements or renewed for durations of 3 years or more, with average contract term extended by roughly 30% while broadly preserving pricing.
PricingRevenue Growth
positive📊 company
Accelerated Capital Return To Shareholders
During Q3 FactSet bought back approximately 926 thousand shares for $203 million and increased its quarterly dividend for the 27th consecutive year, returning over $625 million year to date, approximately double the prior-year period.
Capital Allocation
positive🏢 sector
Wealth And Deal Makers Lead Client-Type Growth
Wealth remains the fastest growing category and delivered 10% organic ASV growth, while deal makers grew 9% and Asia Pacific was the fastest growing region at 10%.
CompanyFiscal year ends AugMost recent earnings call: Sep 30, 2026 (FY2026 Q4)Est. next earnings call: Dec 17, 2026
5/ 10
FY2026 Q3Mixed−1.0 vs FY2026 Q2
Calendar quarter Q2 2026Earnings call Jul 1, 2026
FY2026 Q3 in brief
FactSet delivered accelerating top-line momentum in fiscal Q3 2026, with revenue up 6.4% to $622.9 million and organic ASV growth accelerating to 7.1% (to $2.48 billion), its fastest pace since Q1 24, led by wealth and Asia Pacific at 10% each.
Analyst challenge ratePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. · all analyzed quarters
10%
Share price · trailing year
daily closes, last 12 months — not scoped to the selected quarter · dots mark earnings calls, colored by that quarter’s score
Sources.Tellvest earnings-call sentiment score for FactSet (FDS), FY2026 Q3: 5/10. Scores: FactSet’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: FDS daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
Key financials
FY2026 Q3 selectedReported GAAP figures from SEC filings
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Quarter
Revenue
Rev YoY
EPS
EPS YoY
Op margin
Net margin
FY2025 Q1
$569M
+4.9%
$3.89
+1.3%
33.6%
26.4%
FY2025 Q2
$571M
+4.5%
$3.76
+3.0%
32.5%
25.4%
FY2025 Q3
$586M
+5.9%
$3.88
-5.1%
33.2%
25.4%
FY2025 Q4
$597M
+6.2%
$4.03
+73.7%
29.7%
25.7%
FY2026 Q1
$608M
+6.9%
$4.06
+4.4%
31.6%
25.1%
FY2026 Q2
$611M
+7.1%
$3.59
-4.5%
30.3%
21.8%
FY2026 Q3Selected
$623M
+6.4%
$3.51
-9.5%
26.7%
20.3%
FY2026 Q4
$635M
+6.3%
$3.41
-15.4%
24.7%
19.1%
As stated by management
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
EPS
“adjusted EPS grew 6.1% to $4.53”
Revenue
“Revenue was $622.9 million representing 6.4% growth over the previous year”
Guidance
“We remain confident in the guidance ranges that were previously set for ASV, revenue, operating margin and EPS”
Key metric
“We grew ASV by 7.1% to $2.48 billion across all regions and client types”
Quarter
company-level, not the selected quarter
GAAP revenue YoY +6.39% → base 6. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
▸How this score was built
Base6Base 6GAAP revenue YoY +6.39% → base 6. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.+Transcript0Transcript 0FDS is a financial data/analytics subscription business; GAAP revenue is clean recurring subscription/license revenue with no acquisition or commodity distortion. Not in the Sector Rules Table. tx=0.+EPS-1EPS -1GAAP EPS YoY -9.54% vs rev +6.39% = spread -15.93 percentage points (outside -5 percentage points, mechanical -1). Management reported adjusted diluted EPS +6.1% (spread -0.29 percentage points, inside), but that adjusted EPS was rescued by share buybacks (lower share count, a below-the-line item). The operating line confirms real margin compression: GAAP operating income YoY -14.35% (spread -20.74 percentage points, outside), and adjusted operating margin fell ~300bps (nearly 37% to 34%), implying adjusted OI down roughly 1-2% YoY (adjusted operating income spread ~-8 percentage points, outside -5 percentage points). Margin compression is driven by higher performance compensation, marketing, and token/technology spend (normal operating investments, not one-time charges), so OI is not contaminated. GAAP EPS inside vs operating income outside pattern -> OI wins -> -1.+Guidance0Guidance 0Management reaffirmed the previously set full-year guidance ranges for ASV, revenue, operating margin and EPS, noting it is tracking toward the high end of the revenue and EPS ranges. Ranges unchanged = reiterated/maintained -> 0.=Final5
How this score was built
Base6Base 6GAAP revenue YoY +6.39% → base 6. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.+Transcript0Transcript 0FDS is a financial data/analytics subscription business; GAAP revenue is clean recurring subscription/license revenue with no acquisition or commodity distortion. Not in the Sector Rules Table. tx=0.+
313.55
190.06
6
6
5
Oct 25Oct 26
Mentions3
What FDS and other companies said about each other on FY2026 Q3 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
Companies FDS discussed
3 mentions
Fitchnot trackedFY2026 Q3Rating agency
“we are committed to maintaining our investment grade rating, which Fitch reaffirmed with a stable outlook this quarter”
Fitch reaffirmed FactSet's investment-grade rating with a stable outlook this quarter, a routine rating-agency action.
“announced a strategic partnership with Google Cloud this week. Expanding our distribution through Google Cloud's enterprise channels and unlocking new revenue opportunities.”
FactSet announced a strategic partnership with Google Cloud to distribute FactSet content through Google's enterprise channels and integrate Gemini, a signal for Google Cloud winning a financial-data ISV partner.
LPL Financialnot trackedFY2026 Q3Customer
“LPL Financial largest independent broker dealer in The US, that supports over 32 thousand financial advisers, selected our real time data platform to support their cloud native trading application”
LPL Financial selected FactSet's real-time data platform for its cloud-native trading application, a named client win that reflects LPL's technology investment in its advisor trading infrastructure.
EPS
-1
EPS -1GAAP EPS YoY -9.54% vs rev +6.39% = spread -15.93 percentage points (outside -5 percentage points, mechanical -1). Management reported adjusted diluted EPS +6.1% (spread -0.29 percentage points, inside), but that adjusted EPS was rescued by share buybacks (lower share count, a below-the-line item). The operating line confirms real margin compression: GAAP operating income YoY -14.35% (spread -20.74 percentage points, outside), and adjusted operating margin fell ~300bps (nearly 37% to 34%), implying adjusted OI down roughly 1-2% YoY (adjusted operating income spread ~-8 percentage points, outside -5 percentage points). Margin compression is driven by higher performance compensation, marketing, and token/technology spend (normal operating investments, not one-time charges), so OI is not contaminated. GAAP EPS inside vs operating income outside pattern -> OI wins -> -1.
+
Guidance0Guidance 0Management reaffirmed the previously set full-year guidance ranges for ASV, revenue, operating margin and EPS, noting it is tracking toward the high end of the revenue and EPS ranges. Ranges unchanged = reiterated/maintained -> 0.
FactSet delivered accelerating top-line momentum in fiscal Q3 2026, with revenue up 6.4% to $622.9 million and organic ASV growth accelerating to 7.1% (to $2.48 billion), its fastest pace since Q1 24, led by wealth and Asia Pacific at 10% each
Cboe Global Markets posted record net revenue of $732 million, up 25% year-over-year, with adjusted diluted EPS rising 45% to $3.56 (GAAP EPS was $3.35)
CME Group delivered record second-quarter revenue of over $1.7 billion, up 1% from Q2 2025, as average daily volume of 29.8 million contracts came within 1% of the prior-year record despite a tough April comparison
Coinbase's revenue fell 18.5% year over year as crypto trading volumes declined in what CFO Alesia Haas called a down market, and the company swung to a GAAP loss per share from a year-ago profit while the operating loss widened sharply against the prior-year quarter
ICE delivered its best second quarter on record, with net revenue of $2.7 billion up 5% and adjusted diluted EPS of $1.90, against GAAP revenue of $3.61 billion (+10.70% year over year) and GAAP diluted EPS of $1.69
Moody's delivered a standout second quarter, with enterprise revenue up 15% and adjusted diluted EPS up 31% to $4.68 as adjusted operating margin expanded 440 basis points to 55.3%
Nasdaq delivered a record second quarter, with net revenue of $1.5 billion up 15% and non-GAAP diluted EPS of $1.07 up 25%, the first time quarterly EPS exceeded $1
GAAP revenue rose 10.41% year over year with GAAP diluted EPS up 17.71% and GAAP operating income up 16.83%; management framed the quarter as 11% total revenue growth on an all-in basis and 23% growth in adjusted diluted EPS