Factset Research Systems (FDS) Net Margin (2009 - 2026)
Factset Research Systems (FDS) reported Net Margin of 21.78% for Q1 2026, down 361.0% on a YoY basis from 8.34% in Q1 2025, and down 13.28% quarter-over-quarter from 25.11% in Q4 2025.
Factset Research Systems (FDS) Net Margin (2009 - 2026) Analysis & Trends
Factset Research Systems has reported Net Margin for 18 years, with the latest figure at 21.78% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 361.0% year-over-year to 21.78%; the trailing twelve-month figure through Feb 2026 stood at 24.48% (up 41.0% YoY), and the FY2025 full-year result was 25.72%, up 133.0% from the prior year.
- Net Margin for Q1 2026 stood at 21.78%, down from 25.11% in the prior quarter.
- The five-year high for Net Margin was 28.61% in Q2 2024, with the low at 12.15% in Q3 2023.
- Historically, Net Margin has averaged 23.5% across 5 years, with a median of 25.42% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin slumped 987 bps — and 2023, when it soared 1009 bps.
- Factset Research Systems' Net Margin stood at 27.1% in 2022, then climbed by 1 bps to 27.4% in 2023, then declined by 4 bps to 26.38% in 2024, then retreated by 5 bps to 25.11% in 2025, then slipped by 13 bps to 21.78% in 2026.
- The last three Net Margin figures came in at 21.78% (Q1 2026), 25.11% (Q4 2025), and 25.74% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 36.06% |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 62.12% |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 31.79% |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 48.10% |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 24.29% |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -27.89% |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 47.72% |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 30.18% |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 32.15% |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 21.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 25.35% |
| Aug 31, 2021 | 24.52% |
| May 31, 2021 | 25.20% |