Factset Research Systems (FDS) Operating Expenses (2009 - 2026)
Factset Research Systems (FDS) posted Operating Expenses of $456.6 million for Q2 2026, up 7.17% on a QoQ basis from $426.1 million in Q1 2026, and up 16.67% year-over-year from $391.4 million in Q2 2025.
Factset Research Systems (FDS) Operating Expenses (2009 - 2026) Analysis & Trends
Factset Research Systems' Operating Expenses history runs 18 years deep, the most recent figure standing at $456.6 million for Q2 2026.
- Quarterly Operating Expenses rose 16.67% year-over-year to $456.6 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $1.7 billion (up 8.16% YoY) and the FY2025 annual result came in at $1.6 billion, up 4.77% from the prior year.
- Operating Expenses was $456.6 million for Q2 2026 at Factset Research Systems, up from $426.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $456.6 million in Q2 2026 and bottomed at $307.8 million in Q1 2022.
- A 5-year average of $383.1 million and a median of $381.2 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 38.9% — and 2023, when it fell 8.59%.
- Factset Research Systems' Operating Expenses stood at $332.9 million in 2022, then rose by 6.08% to $353.2 million in 2023, then climbed by 6.84% to $377.3 million in 2024, then advanced by 10.13% to $415.6 million in 2025, then increased by 9.88% to $456.6 million in 2026.
- Business Quant data shows FDS's Operating Expenses at $456.6 million in Q2 2026, $426.1 million in Q1 2026, and $415.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn | 2.34 Bn |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn | 599.10 Mn |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn | 1.14 Bn |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - | 1.31 Bn |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn | 788.00 Mn |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn | 1.43 Bn |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn | 379.50 Mn |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn | 223.30 Mn |
| 10 | Factset Research Systems | 9.59 Bn | 9.29 Bn | 310.73 Mn | 456.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 456.62 Mn |
| Feb 28, 2026 | 426.06 Mn |
| Nov 30, 2025 | 415.55 Mn |
| Aug 31, 2025 | 419.58 Mn |
| May 31, 2025 | 391.37 Mn |
| Feb 28, 2025 | 385.17 Mn |
| Nov 30, 2024 | 377.33 Mn |
| Aug 31, 2024 | 434.33 Mn |
| May 31, 2024 | 350.25 Mn |
| Feb 29, 2024 | 364.00 Mn |
| Nov 30, 2023 | 353.18 Mn |
| Aug 31, 2023 | 419.69 Mn |
| May 31, 2023 | 357.85 Mn |
| Feb 28, 2023 | 345.84 Mn |
| Nov 30, 2022 | 332.92 Mn |
| Aug 31, 2022 | 367.08 Mn |
| May 31, 2022 | 391.50 Mn |
| Feb 28, 2022 | 307.77 Mn |
| Nov 30, 2021 | 302.06 Mn |
| Aug 31, 2021 | 292.72 Mn |