Factset Research Systems (FDS) Gross Margin (2009 - 2026)
Factset Research Systems posted quarterly Gross Margin of 51.43% for Q1 2026, down 132.0% year-on-year from 160.73% in Q1 2025, and down 2.24% on a QoQ basis from 52.62% in Q4 2025.
Factset Research Systems (FDS) has 18 years of Gross Margin data on file, last reported at 51.43% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 132.0% year-over-year to 51.43%; the trailing twelve-month figure through Feb 2026 stood at 51.94% (down 221.0% YoY), and the FY2025 full-year result was 52.72%, down 135.0% from the prior year.
- Gross Margin for Q1 2026 stood at 51.43%, down from 52.62% in the prior quarter.
- Across five years, Gross Margin topped out at 55.31% in Q2 2024 and bottomed at 50.79% in Q3 2023.
- The 5-year median for Gross Margin is 53.27% (2024), against an average of 53.2%.
- The widest annual swing landed in 2022, when Gross Margin surged 582 bps; it then sank 326 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 55.02% in 2022, then decreased by 3 bps to 53.59% in 2023, then climbed by 2 bps to 54.49% in 2024, then decreased by 3 bps to 52.62% in 2025, then dropped by 2 bps to 51.43% in 2026.
- The last three Gross Margin figures came in at 51.43% (Q1 2026), 52.62% (Q4 2025), and 51.64% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 70.39% |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 97.21% |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | - |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 74.46% |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 65.84% |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 94.06% |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 89.93% |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 57.27% |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 58.30% |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 51.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 51.43% |
| Nov 30, 2025 | 52.62% |
| Aug 31, 2025 | 51.64% |
| May 31, 2025 | 52.05% |
| Feb 28, 2025 | 52.76% |
| Nov 30, 2024 | 54.49% |
| Aug 31, 2024 | 54.07% |
| May 31, 2024 | 55.31% |
| Feb 29, 2024 | 53.27% |
| Nov 30, 2023 | 53.59% |
| Aug 31, 2023 | 50.79% |
| May 31, 2023 | 54.38% |
| Feb 28, 2023 | 53.25% |
| Nov 30, 2022 | 55.02% |
| Aug 31, 2022 | 51.54% |
| May 31, 2022 | 54.45% |
| Feb 28, 2022 | 53.75% |
| Nov 30, 2021 | 51.23% |
| Aug 31, 2021 | 52.04% |
| May 31, 2021 | 48.63% |
| Aug 31, 2020 | 52.14% |
| May 31, 2020 | 54.37% |
| Nov 30, 2019 | 55.01% |
| Aug 31, 2019 | 53.96% |
| May 31, 2019 | 55.06% |
| Feb 28, 2019 | 53.48% |
| Nov 30, 2018 | 52.57% |
| Aug 31, 2018 | -48,898.59% |
| May 31, 2018 | -48,463.59% |
| Feb 28, 2018 | -48,592.39% |
| Nov 30, 2017 | -48,974.41% |
| Aug 31, 2017 | 50.63% |
| May 31, 2017 | 53.09% |
| Feb 28, 2017 | 55.28% |
| Nov 30, 2016 | 55.83% |
| Aug 31, 2016 | 56.78% |
| May 31, 2016 | 56.66% |
| Feb 29, 2016 | 56.03% |
| Nov 30, 2015 | 57.58% |
| Aug 31, 2015 | 58.90% |
| May 31, 2015 | 60.44% |
| Feb 28, 2015 | 59.84% |
| Nov 30, 2014 | 59.81% |
| Aug 31, 2014 | 61.23% |
| May 31, 2014 | 60.88% |
| Feb 28, 2014 | 61.55% |
| Nov 30, 2013 | 62.66% |
| Aug 31, 2013 | 63.42% |
| May 31, 2013 | 64.25% |
| Feb 28, 2013 | 64.41% |
| Nov 30, 2012 | 65.14% |
| Aug 31, 2012 | 65.19% |
| May 31, 2012 | 65.95% |
| Feb 29, 2012 | 66.13% |
| Nov 30, 2011 | 65.98% |
| Aug 31, 2011 | 65.89% |
| May 31, 2011 | 66.12% |
| Feb 28, 2011 | 66.15% |
| Nov 30, 2010 | 67.23% |
| Aug 31, 2010 | 67.95% |
| May 31, 2010 | 67.96% |
| Feb 28, 2010 | 67.66% |
| Nov 30, 2009 | 67.53% |