Factset Research Systems (FDS) Net Margin (2009 - 2026)
Factset Research Systems' (FDS) quarterly Net Margin came in at 20.34% in Q2 2026, down 503.0% on a YoY basis from 5.05% in Q2 2025, and down 6.58% quarter-over-quarter from 21.78% in Q1 2026.
Analysis
Factset Research Systems (FDS) Net Margin (2009 - 2026) Analysis & Trends
Factset Research Systems (FDS) has reported Net Margin for 18 consecutive years, with 20.34% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 503.0% year-over-year to 20.34%; the trailing twelve-month figure through May 2026 stood at 23.21% (down 9.0% YoY), and the FY2025 full-year result was 25.72%, up 133.0% from the prior year.
- Net Margin eased to 20.34% in Q2 2026 per FDS's latest filing, from 21.78% in the prior quarter.
- Across five years, Net Margin topped out at 28.61% in Q2 2024 and bottomed at 12.15% in Q3 2023.
- Historically, Net Margin has averaged 23.32% across 5 years, with a median of 25.4% in 2023.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 987 bps in 2022, then jumped 1009 bps in 2023.
- Over 5 years, Net Margin stood at 27.1% in 2022, then increased by 1 bps to 27.4% in 2023, then retreated by 4 bps to 26.38% in 2024, then slipped by 5 bps to 25.11% in 2025, then fell by 19 bps to 20.34% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 20.34%, 21.78%, and 25.11% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 121.34 Bn | 117.20 Bn | 2.98 Bn | 31.91% |
| 2 | Moodys | 81.34 Bn | 79.84 Bn | 1.67 Bn | 40.23% |
| 3 | Msci | 39.85 Bn | 39.49 Bn | 717.10 Mn | 39.45% |
| 4 | Verisk Analytics | 22.97 Bn | 22.42 Bn | 572.90 Mn | 28.35% |
| 5 | Factset Research Systems | 9.48 Bn | 9.17 Bn | 310.73 Mn | 20.34% |
| 6 | Morningstar | 7.30 Bn | 6.77 Bn | 423.90 Mn | 16.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 20.34% |
| Feb 28, 2026 | 21.78% |
| Nov 30, 2025 | 25.11% |
| Aug 31, 2025 | 25.74% |
| May 31, 2025 | 25.37% |
| Feb 28, 2025 | 25.38% |
| Nov 30, 2024 | 26.38% |
| Aug 31, 2024 | 15.92% |
| May 31, 2024 | 28.61% |
| Feb 29, 2024 | 25.82% |
| Nov 30, 2023 | 27.40% |
| Aug 31, 2023 | 12.15% |
| May 31, 2023 | 25.42% |
| Feb 28, 2023 | 25.55% |
| Nov 30, 2022 | 27.10% |
| Aug 31, 2022 | 20.91% |
| May 31, 2022 | 15.33% |
| Feb 28, 2022 | 25.50% |
| Nov 30, 2021 | 25.34% |
| Aug 31, 2021 | 24.54% |