FactSet Research Systems Inc. (NYSE: FDS) Delivers Strong Q2 2026 Results Amid Share Price Decline

• Earnings and Revenue Beat: FactSet exceeded Q2 fiscal 2026 expectations with adjusted EPS of $4.46 and revenue of $611 million.
• Share Price Performance: Despite solid results, FactSet shares have declined approximately 44% over the past year, underperforming both the industry and the S&P 500.
• Guidance Raise: The company increased its full-year revenue and adjusted EPS guidance, reflecting confidence in sustained growth.

FactSet Research Systems Inc. (NYSE: FDS) is a prominent provider of financial data and analytics solutions. The company offers integrated data, software, and workflow tools to investment professionals worldwide. It competes with firms such as Bloomberg and Thomson Reuters.

On March 31, 2026, FactSet reported its fiscal second-quarter 2026 results (ended February 28, 2026). The company posted adjusted diluted EPS of $4.46, surpassing the Zacks Consensus Estimate of approximately $4.37 and representing a 4.2% increase from the prior-year quarter. GAAP diluted EPS was $3.59.

Revenue for the quarter reached $611 million, up 7.1% year-over-year and slightly ahead of expectations (about 1% beat). Organic revenue grew 6.8%, with notable contributions from the Americas (7.4% organic growth) and Asia Pacific (9.7% organic growth). Management highlighted strong client wins and momentum in wealth management and institutional segments.

FactSet also raised its full-year fiscal 2026 guidance, now projecting organic Annual Subscription Value (ASV) growth of $130–$160 million and GAAP revenue in the range of $2.45–$2.47 billion. Adjusted EPS guidance was lifted to $17.25–$17.75.

On the same day as the earnings release, Senator Shelley Moore Capito (or her spouse) disclosed a small sale transaction of FactSet shares valued between $1,001 and $15,000.

Despite the robust financial performance and raised outlook, FactSet’s stock has declined roughly 44% over the past year. This underperforms the broader industry decline and stands in contrast to gains in the S&P 500. Investors may be concerned about valuation, margin pressure from strategic investments (adjusted operating margin was 35.0%, down year-over-year), or broader market sentiment toward financial data providers.

FactSet has a solid track record of beating consensus EPS estimates in recent quarters, demonstrating resilience amid competitive and macroeconomic challenges.