FactSet Research Systems Inc. (FDS) Income Statement
FDS FY2026 at a glance
Fiscal year ended August 31, 2026 · U.S. dollarsFDS revenue and net income
Where FDS's revenue goes
FY2026Each bar shows an amount and its share of revenue. FDS kept 21.5% of revenue as net income.
FDS profit margins
FDS growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +6.7% | +5.9% | +9.2% | +8.2% |
| Gross profit | +2.4% | +4.1% | +9.3% | +7.0% |
| Operating income | −6.5% | +3.6% | +8.1% | +7.2% |
| Net income | −10.6% | +4.4% | +5.9% | +4.6% |
| EPS (diluted) | +6.2% | +7.5% | +10.0% | +10.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FDS quarterly EPS vs estimates
FactSet beat the analyst EPS estimate in 6 of the last 8 quarters.
FDS income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.48B | $2.32B | $2.20B | $2.09B | $1.84B | $1.59B | $1.49B | $1.44B | $1.35B | $1.22B |
| Cost of revenue | $1.22B | $1.10B | $1.01B | $973.2M | $871.1M | $786.4M | $695.4M | $663.4M | $659.3M | $566.6M |
| Gross profit | $1.25B | $1.22B | $1.19B | $1.11B | $972.8M | $805.0M | $798.7M | $771.9M | $690.8M | $654.6M |
| Research & development | — | $300.7M | $266.4M | $267.4M | $255.1M | $250.1M | $224.0M | $214.7M | $217.1M | $215.0M |
| Sales, general & admin | — | $475.7M | $485.1M | $456.1M | $433.0M | $331.0M | $359.0M | $333.9M | $324.6M | $302.5M |
| Total operating expenses | $553.2M | $475.7M | $489.8M | $483.1M | $497.3M | $331.0M | $359.0M | $333.9M | $324.6M | $302.5M |
| Operating income | $700.0M | $748.3M | $701.3M | $630.2M | $475.5M | $474.0M | $439.7M | $438.0M | $366.2M | $352.1M |
| Interest income | — | $6.5M | $14.4M | $53.5M | $29.5M | $6.4M | $9.8M | $16.1M | $14.4M | $6.6M |
| Interest expense | $54.7M | $56.3M | $65.8M | $66.3M | $35.7M | $8.2M | $9.8M | $16.6M | $16.3M | $8.2M |
| Income before taxes | $649.7M | $721.0M | $651.5M | $585.0M | $443.6M | $467.6M | $427.1M | $422.0M | $351.8M | $344.3M |
| Income taxes | $116.2M | $123.9M | $114.4M | $116.8M | $46.7M | $68.0M | $54.2M | $69.2M | $84.8M | $86.1M |
| Net income | $533.5M | $597.0M | $537.1M | $468.2M | $396.9M | $399.6M | $372.9M | $352.8M | $267.1M | $258.3M |
| EBITDA | $913.1M | $966.0M | $872.9M | $788.0M | $610.4M | $583.1M | $537.8M | $498.5M | $425.4M | $400.4M |
| EPS (diluted) | $18.02 | $16.97 | $16.45 | $14.51 | $13.41 | $11.20 | $10.87 | $10.00 | $8.54 | $7.31 |
| Gross margin | 50.6% | 52.7% | 54.1% | 53.3% | 52.8% | 50.6% | 53.5% | 53.8% | 51.2% | 53.6% |
| Operating margin | 28.3% | 32.2% | 31.8% | 30.2% | 25.8% | 29.8% | 29.4% | 30.5% | 27.1% | 28.8% |
| Net margin | 21.5% | 25.7% | 24.4% | 22.4% | 21.5% | 25.1% | 25.0% | 24.6% | 19.8% | 21.1% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $634.7M | $622.9M | $611.0M | $607.6M | $596.9M | $585.5M | $570.7M | $568.7M | $562.2M | $552.7M | $545.9M | $542.2M |
| Cost of revenue | $326.3M | $312.2M | $296.7M | $287.9M | $288.7M | $280.7M | $269.6M | $258.8M | $258.2M | $247.0M | $255.1M | $251.6M |
| Gross profit | $308.4M | $310.7M | $314.3M | $319.7M | $308.2M | $304.8M | $301.1M | $309.9M | $304.0M | $305.7M | $290.8M | $290.6M |
| Research & development | — | — | — | — | — | — | — | — | $266.4M | — | — | — |
| Sales, general & admin | — | $144.4M | $129.3M | $127.6M | $130.9M | $110.6M | $115.6M | $118.6M | $172.5M | $103.1M | $108.9M | $100.7M |
| Total operating expenses | $151.8M | $144.4M | $129.3M | $127.6M | $130.9M | $110.6M | $115.6M | $118.6M | $176.1M | $103.8M | $108.9M | $101.6M |
| Operating income | $156.6M | $166.3M | $185.0M | $192.1M | $177.3M | $194.2M | $185.5M | $191.3M | $127.9M | $202.5M | $181.9M | $189.0M |
| Interest income | — | $642,000 | $891,000 | $1.1M | $2.0M | $1.5M | $273,000 | $2.7M | $4.0M | $4.6M | $2.8M | $3.0M |
| Interest expense | $14.4M | $13.8M | $39.8M | $13.4M | $12.9M | $15.1M | $13.9M | $14.4M | $15.5M | $16.9M | $16.6M | $16.7M |
| Income before taxes | $144.4M | $154.1M | $161.1M | $190.1M | $189.0M | $179.9M | $172.3M | $179.7M | $117.1M | $190.5M | $168.6M | $175.2M |
| Income taxes | $23.2M | $27.4M | $28.1M | $37.5M | $35.3M | $31.4M | $27.5M | $29.7M | $27.6M | $32.4M | $27.7M | $26.6M |
| Net income | $121.1M | $126.7M | $133.1M | $152.6M | $153.6M | $148.5M | $144.9M | $150.0M | $89.5M | $158.1M | $140.9M | $148.6M |
| EBITDA | $211.7M | $221.9M | $226.1M | $255.6M | $252.4M | $243.9M | $232.2M | $237.4M | $174.3M | $247.6M | $225.5M | $226.6M |
| EPS (diluted) | $4.52 | $4.53 | $4.46 | $4.51 | $4.05 | $4.27 | $4.28 | $4.37 | $3.74 | $4.37 | $4.22 | $4.12 |
| Gross margin | 48.6% | 49.9% | 51.4% | 52.6% | 51.6% | 52.1% | 52.8% | 54.5% | 54.1% | 55.3% | 53.3% | 53.6% |
| Operating margin | 24.7% | 26.7% | 30.3% | 31.6% | 29.7% | 33.2% | 32.5% | 33.6% | 22.7% | 36.6% | 33.3% | 34.9% |
| Net margin | 19.1% | 20.3% | 21.8% | 25.1% | 25.7% | 25.4% | 25.4% | 26.4% | 15.9% | 28.6% | 25.8% | 27.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FDS's financial statements (latest annual report filed September 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FDS financial results
In fiscal year 2026 (ended August 31, 2026), FactSet reported revenue of $2.5 billion, up 6.7% from the year before. It had net income of $533.5 million (down 10.6%), a net profit margin of 21.5%. Diluted earnings per share came to $18.02. Over five years revenue grew at an average rate of 9.2% a year.
See the FDS stock overview for the latest quote and news, or the FDS chart for price history and technical indicators.
FDS income statement FAQ
What is FactSet's annual revenue?
FactSet reported total revenue of $2.5 billion for fiscal year 2026, which ended on August 31, 2026. That was up 6.7% from $2.3 billion the previous year.
Is FactSet profitable?
Yes. FactSet reported net income of $533.5 million in fiscal 2026, a net profit margin of 21.5%; its operating margin was 28.3%.
What is FactSet's gross margin?
FactSet's gross margin was 50.6% in fiscal 2026: for every $100 of revenue, FactSet kept $51 after the direct cost of its products and services.
How fast is FactSet growing?
Revenue grew 9.2% a year on average over the last five fiscal years, from $1.6 billion to $2.5 billion.
What are FactSet's earnings per share?
FactSet earned $18.02 per diluted share in fiscal 2026, compared with $16.97 a year earlier.
When does FactSet's fiscal year end?
FactSet's fiscal year ends in August. The latest annual report covers the year ended August 31, 2026 and was filed on September 30, 2026.