Factset Research Systems (FDS) Gross Margin (2009 - 2026)
Factset Research Systems (FDS) reported Gross Margin of 51.43% for Q1 2026, down 132.0% on a YoY basis from 160.73% in Q1 2025, and down 2.24% quarter-over-quarter from 52.62% in Q4 2025.
Factset Research Systems (FDS) Gross Margin (2009 - 2026) Analysis & Trends
Factset Research Systems has reported Gross Margin for 18 years, with the latest figure 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.
- The five-year high for Gross Margin was 55.31% in Q2 2024, with the low at 50.79% in Q3 2023.
- Historically, Gross Margin has averaged 53.2% across 5 years, with a median of 53.27% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin surged 582 bps — and 2025, when it tumbled 326 bps.
- Factset Research Systems' Gross Margin stood at 55.02% in 2022, then retreated by 3 bps to 53.59% in 2023, then advanced by 2 bps to 54.49% in 2024, then retreated by 3 bps to 52.62% in 2025, then slipped 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 | 122.27 Bn | 125.38 Bn | 2.94 Bn | 70.39% |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 97.21% |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 74.46% |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | - |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 65.84% |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 94.06% |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 89.93% |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 57.27% |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 58.30% |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 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% |