FDS 8-K: Smart Summary

FactSet Research Systems reported Q3 fiscal 2026 results for the three months ended May 31, 2026, showing GAAP revenue growth of 6.4% year over year to $622.9M and organic revenue growth of 7.0%. The filing also announces the appointment of Joshua B. Warren as Chief Financial Officer and reaffirms full fiscal year 2026 guidance originally provided on March 31, 2026.

• GAAP revenues grew 6.4% YoY to $622.9M (vs. $585.5M in Q3 FY25); organic revenues grew 7.0% YoY to $622.9M
• GAAP operating income declined 14.3% YoY to $166.3M; adjusted operating income declined 1.7% YoY to $211.8M
• GAAP operating margin was 26.7% vs. 33.2% in the prior year period; adjusted operating margin was 34.0% vs. 36.8% in the prior year period
• GAAP net income declined 14.7% YoY to $126.7M; adjusted net income was essentially flat at $163.8M vs. $163.9M (down 0.1%)
• GAAP diluted EPS declined 9.6% YoY to $3.50 vs. $3.87; adjusted diluted EPS increased 6.1% YoY to $4.53 vs. $4.27
• Adjusted EBITDA declined 6.7% YoY to $220.2M vs. $235.9M
• Net cash provided by operating activities was $284.5M in Q3 FY26, up 12.1% YoY; free cash flow was $254M, up 11.1% YoY
• GAAP effective tax rate was 17.8% vs. 17.5% in the prior year period

• Americas: ASV of $1.6B (organic ASV $1.6B, up 7.2% YoY); Q3 FY26 revenues $407.2M vs. $380.5M, organic revenue growth 7.0%
• EMEA: ASV of $608.1M (organic ASV $608.7M, up 5.6% YoY); Q3 FY26 revenues $152M vs. $145.7M, organic revenue growth 5.3%
• APAC: ASV of $255.2M (organic ASV $255.9M, up 10.0% YoY); Q3 FY26 revenues $63.7M vs. $59.3M, organic revenue growth 10.5%
• Total organic ASV was $2.5B at May 31, 2026, up 7.1% or $165M YoY; organic ASV increased $35.4M over the last three months

• FactSet repurchased 926,370 shares for $203.1M at an average price of $219.21 during Q3 FY26; $494M remained available under the share repurchase program as of May 31, 2026
• Quarterly dividend increased by $0.06 to $1.16 per share, marking the twenty-seventh consecutive year of dividend increases on a stock split-adjusted basis
• Total capital returned to shareholders in Q3 FY26 was $243.4M ($203.1M in repurchases + $40.3M in dividends); fiscal year-to-date total capital returned was $628.7M
• Cash and cash equivalents were $288.1M at May 31, 2026, vs. $337.7M at August 31, 2025
• Current debt was $499.2M and long-term debt was $890.5M at May 31, 2026, vs. no current debt and $1.4B long-term debt at August 31, 2025

• "FactSet's strong third quarter results reflect solid execution against our strategic priorities and continued demand for our differentiated content, analytics, and workflow solutions. Clients are choosing FactSet to power critical workflows and informed decision-making, driving a robust pipeline and accelerating enterprise contracts." — Sanoke Viswanathan, CEO
• "Across regions and firm types, clients are expanding their relationships with FactSet and actively adopting our AI solutions, reinforcing our confidence in FactSet's sustained growth and long-term value." — Sanoke Viswanathan, CEO

• Organic ASV growth: $130M – $160M for fiscal 2026
• GAAP revenues: $2.5B – $2.5B
• GAAP operating margin: 29.5% – 31.0%
• Adjusted operating margin: 34.0% – 35.5%
• Annual effective tax rate: 18.0% – 19.0%
• GAAP diluted EPS: $14.85 – $15.35
• Adjusted diluted EPS: $17.25 – $17.75
• Guidance reaffirms outlook originally provided on March 31, 2026; FactSet does not intend to update forward-looking statements prior to its next quarterly results announcement