Factset Research Systems (FDS) Cost of Revenue (2009 - 2026)
Factset Research Systems posted quarterly Cost of Revenue of $296.7 million for Q1 2026, up 10.07% year-on-year from $269.6 million in Q1 2025, and up 3.07% on a QoQ basis from $287.9 million in Q4 2025.
Factset Research Systems (FDS) has 18 years of Cost of Revenue data on file, last reported at $296.7 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 10.07% year-over-year to $296.7 million; the trailing twelve-month figure through Feb 2026 stood at $1.2 billion (up 11.66% YoY), and the FY2025 full-year result was $1.1 billion, up 8.48% from the prior year.
- Cost of Revenue for Q1 2026 stood at $296.7 million, up from $287.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $296.7 million in Q1 2026 and bottomed at $199.4 million in Q1 2022.
- The 5-year median for Cost of Revenue is $255.1 million (2024), against an average of $254.8 million.
- The widest annual swing landed in 2022, when Cost of Revenue advanced 22.48%; it then declined 2.08% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $227.0 million in 2022, then advanced by 10.83% to $251.6 million in 2023, then gained by 2.84% to $258.8 million in 2024, then grew by 11.26% to $287.9 million in 2025, then gained by 3.07% to $296.7 million in 2026.
- The last three Cost of Revenue figures came in at $296.7 million (Q1 2026), $287.9 million (Q4 2025), and $288.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 1.24 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 52.50 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | - |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 531.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 730.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 83.91 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 85.70 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 5.80 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 519.50 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 296.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 296.74 Mn |
| Feb 28, 2026 | 296.74 Mn |
| Nov 30, 2025 | 287.92 Mn |
| Nov 30, 2025 | 287.92 Mn |
| Aug 31, 2025 | 288.67 Mn |
| Aug 31, 2025 | 288.67 Mn |
| May 31, 2025 | 280.73 Mn |
| May 31, 2025 | 280.73 Mn |
| Feb 28, 2025 | 269.60 Mn |
| Feb 28, 2025 | 269.60 Mn |
| Nov 30, 2024 | 258.78 Mn |
| Nov 30, 2024 | 258.78 Mn |
| Aug 31, 2024 | 258.20 Mn |
| Aug 31, 2024 | 258.20 Mn |
| May 31, 2024 | 246.99 Mn |
| May 31, 2024 | 246.99 Mn |
| Feb 29, 2024 | 255.14 Mn |
| Feb 29, 2024 | 255.14 Mn |
| Nov 30, 2023 | 251.62 Mn |
| Nov 30, 2023 | 251.62 Mn |
| Aug 31, 2023 | 263.69 Mn |
| Aug 31, 2023 | 263.69 Mn |
| May 31, 2023 | 241.69 Mn |
| May 31, 2023 | 241.69 Mn |
| Feb 28, 2023 | 240.81 Mn |
| Feb 28, 2023 | 240.81 Mn |
| Nov 30, 2022 | 227.04 Mn |
| Nov 30, 2022 | 227.04 Mn |
| Aug 31, 2022 | 241.94 Mn |
| Aug 31, 2022 | 241.94 Mn |
| May 31, 2022 | 222.62 Mn |
| May 31, 2022 | 222.62 Mn |
| Feb 28, 2022 | 199.41 Mn |
| Feb 28, 2022 | 199.41 Mn |
| Nov 30, 2021 | 207.13 Mn |
| Nov 30, 2021 | 207.13 Mn |
| Aug 31, 2021 | 197.53 Mn |
| Aug 31, 2021 | 197.53 Mn |
| May 31, 2021 | 205.26 Mn |
| May 31, 2021 | 205.26 Mn |
| Aug 31, 2020 | 183.57 Mn |
| Aug 31, 2020 | 183.57 Mn |
| May 31, 2020 | 170.70 Mn |
| May 31, 2020 | 170.70 Mn |
| Nov 30, 2019 | 164.96 Mn |
| Nov 30, 2019 | 164.96 Mn |
| Aug 31, 2019 | 167.73 Mn |
| Aug 31, 2019 | 167.73 Mn |
| May 31, 2019 | 163.83 Mn |
| May 31, 2019 | 163.83 Mn |
| Feb 28, 2019 | 165.11 Mn |
| Feb 28, 2019 | 165.11 Mn |
| Nov 30, 2018 | 166.78 Mn |
| Nov 30, 2018 | 166.78 Mn |
| Aug 31, 2018 | 169.47 Mn |
| Aug 31, 2018 | 169.47 Mn |
| May 31, 2018 | 165.07 Mn |
| May 31, 2018 | 165.07 Mn |
| Feb 28, 2018 | 163.23 Mn |
| Feb 28, 2018 | 163.23 Mn |
| Nov 30, 2017 | 161.52 Mn |
| Nov 30, 2017 | 161.52 Mn |
| Aug 31, 2017 | 161.27 Mn |
| Aug 31, 2017 | 161.27 Mn |
| May 31, 2017 | 146.43 Mn |
| May 31, 2017 | 146.43 Mn |
| Feb 28, 2017 | 131.64 Mn |
| Feb 28, 2017 | 131.64 Mn |
| Nov 30, 2016 | 127.25 Mn |
| Nov 30, 2016 | 127.25 Mn |
| Aug 31, 2016 | 124.16 Mn |
| Aug 31, 2016 | 124.16 Mn |
| May 31, 2016 | 124.60 Mn |
| May 31, 2016 | 124.60 Mn |
| Feb 29, 2016 | 123.91 Mn |
| Feb 29, 2016 | 123.91 Mn |
| Nov 30, 2015 | 114.74 Mn |
| Nov 30, 2015 | 114.74 Mn |
| Aug 31, 2015 | 107.60 Mn |
| Aug 31, 2015 | 107.60 Mn |
| May 31, 2015 | 100.69 Mn |
| May 31, 2015 | 100.69 Mn |
| Feb 28, 2015 | 99.52 Mn |
| Feb 28, 2015 | 99.52 Mn |
| Nov 30, 2014 | 97.54 Mn |
| Nov 30, 2014 | 97.54 Mn |
| Aug 31, 2014 | 92.52 Mn |
| Aug 31, 2014 | 92.52 Mn |
| May 31, 2014 | 90.66 Mn |
| May 31, 2014 | 90.66 Mn |
| Feb 28, 2014 | 87.25 Mn |
| Feb 28, 2014 | 87.25 Mn |
| Nov 30, 2013 | 83.25 Mn |
| Nov 30, 2013 | 83.25 Mn |
| Aug 31, 2013 | 80.23 Mn |
| Aug 31, 2013 | 80.23 Mn |
| May 31, 2013 | 76.72 Mn |
| May 31, 2013 | 76.72 Mn |
| Feb 28, 2013 | 75.84 Mn |
| Feb 28, 2013 | 75.84 Mn |
| Nov 30, 2012 | 73.59 Mn |
| Nov 30, 2012 | 73.59 Mn |
| Aug 31, 2012 | 72.30 Mn |
| Aug 31, 2012 | 72.30 Mn |
| May 31, 2012 | 68.88 Mn |
| May 31, 2012 | 68.88 Mn |
| Feb 29, 2012 | 67.53 Mn |
| Feb 29, 2012 | 67.53 Mn |
| Nov 30, 2011 | 66.83 Mn |
| Nov 30, 2011 | 66.83 Mn |
| Aug 31, 2011 | 65.48 Mn |
| Aug 31, 2011 | 65.48 Mn |
| May 31, 2011 | 62.22 Mn |
| May 31, 2011 | 62.22 Mn |
| Feb 28, 2011 | 60.14 Mn |
| Feb 28, 2011 | 60.14 Mn |
| Nov 30, 2010 | 56.79 Mn |
| Nov 30, 2010 | 56.79 Mn |
| Aug 31, 2010 | 53.92 Mn |
| Aug 31, 2010 | 53.92 Mn |
| May 31, 2010 | 51.36 Mn |
| May 31, 2010 | 51.36 Mn |
| Feb 28, 2010 | 50.87 Mn |
| Feb 28, 2010 | 50.87 Mn |
| Nov 30, 2009 | 50.41 Mn |
| Nov 30, 2009 | 50.41 Mn |