FactSet Beats Q3 Revenue, Announces Buyback Plan

FactSet Research Systems reported third-quarter fiscal 2025 revenue of $585.5 million, exceeding analyst expectations with a 5.9% year-over-year increase, while adjusted EPS of $4.27 missed consensus estimates and declined 2.3% from the prior year. The company's organic annual subscription value grew 4.5% to $2.3 billion, with 82% coming from buy-side clients, including hedge funds and asset managers. Despite revenue growth, FactSet's adjusted operating margin fell 270 basis points to 36.8%, and net income dropped 6.1%, mainly due to higher operational costs and macroeconomic uncertainty. Regional organic revenue growth was strongest in the Americas and Asia Pacific, and the client base expanded 10% year-over-year. FactSet reaffirmed its full-year EPS guidance of $16.80 to $17.40 and approved a new $400 million share repurchase plan. Shares have declined about 12% year-to-date, reflecting ongoing investor caution over profitability.