Factset Research Systems (FDS) Operating Expenses (2009 - 2026)

For the trailing twelve months through May 31, 2026, Operating Expenses at Factset Research Systems was $1.72 billion, up 8.2% year-over-year; for FY2025 (ended Aug 31, 2025), it came in at $1.57 billion, up 4.8% from FY2024.

• Annual Operating Expenses has increased for 16 consecutive fiscal years, with a five-year compound annual growth rate of 8.3% (FY2020 to FY2025).
• In prior fiscal years, Factset Research Systems' Operating Expenses was $1.5 billion in FY2024 (+3.1%), $1.46 billion in FY2023 (+6.4%), $1.37 billion in FY2022 (+22.5%) and $1.12 billion in FY2021 (+6.0%).
• The fiscal Q3 2026 figure stands as the highest quarterly Operating Expenses in data going back to fiscal Q1 2010.
• On a year-over-year basis, Operating Expenses has increased in each of the last three quarters, with growth averaging 7.7% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was fiscal Q3 2022, with growth of 38.9%; the weakest was fiscal Q3 2023, with a decline of 8.6%.
• According to Business Quant data, Operating Expenses for the three prior fiscal quarters was $426.06 million (Q2 2026), $415.55 million (Q1 2026) and $419.58 million (Q4 2025).