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FDS' recurring revenues, AI adoption and recent client wins fuel subscription growth. Its rising costs and competition remain key risks.
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FactSet Research Systems remains a buy as ASV growth accelerates, AI adoption strengthens, and valuation stays attractive at a low-teens forward P/E. Q3 2026 delivered 7.1% organic ASV growth, robust client wins, and >95% ASV retention, supporting recurring revenue and cross-workflow expansion. AI is driving deeper client integration, with >90% of top clients using multiple FDS AI products and AI client ASV growth outpacing the rest by over 50%.
FDS says AI demand reshapes contracts and product use, with ASV gains, wider enterprise deals and reaffirmed fiscal 2026 guidance.
FactSet Research Systems Inc. (FDS) Q3 2026 Earnings Call Transcript
FactSet beats Q3'26 earnings and revenue estimates as organic growth, ASV gains, client demand and stronger cash flow offset margin pressure.
Although the revenue and EPS for FactSet (FDS) give a sense of how its business performed in the quarter ended May 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
FactSet Research (FDS) came out with quarterly earnings of $4.53 per share, beating the Zacks Consensus Estimate of $4.44 per share. This compares to earnings of $4.27 per share a year ago.
FDS's Q3 results are expected to show 5.4% revenue growth, with gains across regions and EPS rising on prudent expense management.
Besides Wall Street's top-and-bottom-line estimates for FactSet (FDS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended May 2026.