FactSet Research Systems Reports Q3 2026 Results: Full Earnings Call Transcript

FactSet Research Systems (NYSE: FDS ) reported third-quarter financial results on Wednesday.

The transcript from the company's third-quarter earnings call has been provided below.

This transcript is brought to you APIs.

For real-time access to our entire catalog, please visit for a consultation.

The full earnings call is available at Summary FactSet Research Systems Inc reported strong Q3 performance with 7.1% organic ASV growth to $2.48 billion and a 34% adjusted operating margin.

The company highlighted strategic initiatives including the rollout of AI-powered sales tools and the expansion of AI solutions under FactSet Intelligence, which are driving client engagement and ASV growth.

Significant client wins include a mandate with a global sovereign wealth fund and enterprise contract renewals, underscoring deepening relationships.

AI is a major growth driver, contributing over 10% to ASV growth, with FactSet's MCP platform seeing increased adoption.

FactSet is focused on productivity improvements, resulting in a 10% reduction in technology workforce and operational efficiencies.

The company reaffirmed its guidance, with expectations to track toward the high end of revenue and EPS ranges due to strong ASV growth.

FactSet announced a strategic partnership with Google Cloud to enhance AI capabilities and distribution, supporting its AI infrastructure strategy.

Management emphasized the transition to longer-term enterprise agreements, providing flexibility and potential for future revenue growth.

Full Transcript OPERATOR Good day and thank you for standing by.

Welcome to the FactSet third quarter earnings call.

At this time, all participants are in the listen-only mode.

After this week's presentation, there will be a question and answer session.

To ask a question during the session, you will need to press star 11 on your telephone.

You will then hear an automated message advising your hand is raised.

To withdraw your question, please press star 11 again.

Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Kevin Toomey, Head of Investor Relations.

Please go ahead.

Kevin Toomey, Head of Investor Relations Thank you and good morning everyone.

Welcome to FactSet's third quarter fiscal 2026 earnings call.

Before we begin, the slides we reference during this presentation can be found through the webcast on the Investor Relations section of our website at factset.com.

A replay of today's call will be available on our website.

After our prepared remarks, we will open the call to questions.

The call is scheduled to last for one hour.

To be fair to everyone, please limit yourself to one question.

You may re-enter the queue for additional follow-up questions, which we will take if time permits.

Before we discuss our results, I encourage all listeners to review the legal notice on slide 2.

Discussions on this call may contain forward-looking statements.

Such statements are subject to risks and uncertainties that may cause actual results to differ materially from results anticipated in these forward-looking statements.

Additional information concerning these risks and uncertainties can be found in our forms 10-K and 10-Q.

Our slide presentation and discussions on this call will include certain non-GAAP financial measures.

For such measures, reconciliations to the most directly comparable GAAP measures are in the appendix to the presentation and in our earnings release issued earlier today, both of which can be found on our website at investor.factset.com.