Factset Logs Higher 3Q Revenue, Subscription Value

Dow Jones

Jul 01

FactSet Research Systems recorded higher revenue in the fiscal third quarter, as subscription value rose.

The financial data system on Wednesday said profit fell to $126.7 million, or $3.50 a share, in the quarter ended May 31, from $148.5 million, or $3.87 a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were $4.53, ahead of the $4.45 anticipated by analysts, according to FactSet.

Revenue rose 6% to $622.9 million. Analysts surveyed by FactSet forecast revenue of $617.9 million.

Annual subscription value, which represents the revenue from all subscription services over the next 12 months, was $2.48 billion at the end of May. That was an increase from $2.34 billion at the same time the year before.

FactSet reaffirmed its outlook for the full year, which it provided in March.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

July 01, 2026 07:37 ET (11:37 GMT)

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