FactSet Reports Strong Q3 Adjusted EPS and Revenue Growth, Reaffirms Guidance, and Executes Substantial Share Buyback

summarizeSummary

FactSet reported strong Q3 adjusted EPS and revenue growth, alongside a substantial $203.1 million share repurchase and a dividend increase, while reaffirming its full-year guidance.

check_boxKey Events · Earnings and Guidance · FDS

• Q3 Adjusted EPS Beat

  Adjusted diluted EPS increased 6.1% year-over-year to $4.53, indicating strong operational performance despite certain one-time costs.

• Solid Revenue and ASV Growth

  GAAP revenues grew 6.4% to $622.9 million, and organic Annual Subscription Value (ASV) increased 7.1% year-over-year to $2,485.6 million, driven by client adoption of AI solutions and deepened enterprise relationships.

• Significant Share Repurchase

  FactSet repurchased 926,370 shares of its common stock for $203.1 million during the quarter, with $494.0 million remaining available under the program.

• Dividend Increase

  The company increased its quarterly dividend by $0.06 to $1.16 per share, marking the twenty-seventh consecutive year of dividend increases.

auto_awesomeAnalysis · FDS · Technology

FactSet announced mixed third-quarter results, with adjusted diluted EPS increasing by 6.1% to $4.53, surpassing expectations, and GAAP revenues growing 6.4% year-over-year. However, GAAP operating income and diluted EPS declined, primarily due to higher employee compensation costs and non-recurring items. The company demonstrated strong capital allocation by repurchasing $203.1 million in common stock, a significant amount relative to its market capitalization, and increased its quarterly dividend for the 27th consecutive year. FactSet also reaffirmed its full-year fiscal 2026 guidance, indicating a stable outlook despite the GAAP performance.