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
DateValue
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%