FactSet Beats Q2 EPS Estimates, Raises Full-Year Guidance, and Executes Substantial Share Buyback
FDS is trading near its 52-week low of $185 (12% above the low).
Summary
FactSet reported strong Q2 results, beating adjusted EPS estimates and raising its full-year fiscal 2026 guidance, while also executing a substantial share repurchase.
Key Events · Earnings and Guidance · FDS
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Strong Q2 Financial Performance
FactSet reported Q2 adjusted diluted EPS of $4.46, surpassing the IBES estimate of $4.00, alongside GAAP revenues of $611.0 million, up 7.1% year-over-year. Organic ASV grew 6.7% to $2,449.1 million.
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Raised Fiscal 2026 Outlook
The company increased its fiscal 2026 guidance for organic ASV growth (to $130M-$160M), GAAP revenues (to $2,450M-$2,470M), GAAP diluted EPS (to $14.85-$15.35), and adjusted diluted EPS (to $17.25-$17.75), reflecting confidence in future growth.
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Substantial Share Repurchase Activity
FactSet repurchased 651,750 shares for $163.0 million during Q2 fiscal 2026 at an average price of $250.14, with $697.1 million remaining under the existing authorization.
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Strategic Initiatives and AI Focus
Operational highlights include a new strategic agreement with Barclays, the launch of AI Doc Ingest for Cobalt, and the appointment of a Chief AI Officer and Chief Technology Officer, signaling a strong focus on innovation and client solutions.
Analysis · FDS · Technology
FactSet reported a strong second quarter, exceeding analyst expectations for adjusted EPS and demonstrating robust organic growth. The company's decision to raise its full-year fiscal 2026 guidance across key metrics like organic ASV, GAAP revenues, and diluted EPS signals management's confidence in continued business momentum. Furthermore, the execution of a significant share repurchase program underscores a commitment to returning capital to shareholders. These combined factors present a highly positive outlook for investors, indicating strong operational performance and strategic execution, including advancements in AI and key client partnerships.
How filings like this one have moved
In the 30 days to Oct 4, 2026, 41% of the 305 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.48%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, FDS was trading at $207.02 on NYSE in the Technology sector, with a market capitalization of approximately $7.6B. The 52-week trading range was $185.00 to $474.79. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.