FACTSET RESEARCH SYSTEMS INC SEC 10-Q Report

FactSet Research Systems Inc., a leading provider of integrated financial information and analytical applications, has released its Form 10-Q report for the third quarter of fiscal year 2025. The report highlights the company's financial performance and operational achievements, reflecting its ongoing commitment to delivering expansive data, sophisticated analytics, and flexible technology to investment professionals.

Financial Highlights

Revenues: FactSet reported revenues of $585.52 million, marking an increase from $552.71 million in the prior year period. This growth was driven by expansion across all geographic segments.

Operating Income: The company recorded an operating income of $194.16 million, a slight decrease from $202.46 million in the prior year period, indicating increased operating expenses.

Net Income: Net income for the quarter was $148.54 million, down from $158.14 million in the prior year period, impacted by higher operating expenses and lower interest income.

Basic Earnings Per Common Share: Basic earnings per common share were $3.92, compared to $4.15 in the prior year period, reflecting the decrease in net income.

Diluted Earnings Per Common Share: Diluted earnings per common share were $3.87, compared to $4.09 in the prior year period, consistent with the decline in net income.

Business Highlights

Revenue Segments: FactSet derives most of its revenues from subscription-based services, primarily through its Hosted Platform and Identifier Platform. The Hosted Platform provides access to workstations, portfolio analytics, and enterprise solutions, while the Identifier Platform offers a database of security identifiers and related data.

Geographical Performance: The company operates through three reportable segments: Americas, EMEA, and Asia Pacific. For the nine months ended May 31, 2025, the Americas segment generated $1,117.4 million in revenue, EMEA contributed $432.9 million, and Asia Pacific accounted for $174.6 million.

Client Base: As of May 31, 2025, FactSet had over 8,800 clients, including more than 220,000 investment professionals such as institutional asset managers, bankers, wealth managers, asset owners, partners, hedge funds, corporate users, and private equity and venture capital professionals.

New Product Launches: The acquisition of LiquidityBook and Irwin has expanded FactSet's product offerings. LiquidityBook provides cloud-native trading solutions, enhancing FactSet's order management and investment book of record capabilities. Irwin offers an investor relations and capital markets platform, building on a successful partnership with FactSet.

Operational Strategy: FactSet focuses on delivering expansive data, sophisticated analytics, and flexible technology to investment professionals. The company emphasizes understanding client workflows to solve complex challenges and supports its platforms with a dedicated client service team.

Future Outlook: FactSet continues to enhance its platform capabilities and expand its client base through strategic acquisitions and product innovations. The company is committed to addressing the holistic workflow needs of investment professionals with integrated, modern solutions.

SEC Filing: FACTSET RESEARCH SYSTEMS INC [ FDS ] - 10-Q - Jul. 02, 2025