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
DateValue
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