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
DateValue
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%