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

Factset Research Systems (FDS) reported Operating Margin of 30.27% for Q1 2026, down 223.0% on a YoY basis from 24.61% in Q1 2025, and down 4.24% quarter-over-quarter from 31.61% in Q4 2025.

Factset Research Systems (FDS) Operating Margin (2009 - 2026) Analysis & Trends

Factset Research Systems has reported Operating Margin for 18 years, with the latest figure at 30.27% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 223.0% year-over-year to 30.27%; the trailing twelve-month figure through Feb 2026 stood at 31.17% (down 20.0% YoY), and the FY2025 full-year result was 32.23%, up 40.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 30.27%, down from 31.61% in the prior quarter.
  • The five-year high for Operating Margin was 36.63% in Q2 2024, with the low at 19.9% in Q2 2022.
  • Historically, Operating Margin has averaged 30.26% across 5 years, with a median of 32.46% in 2023.
  • Annual changes were most pronounced in 2022 — Operating Margin slumped 956 bps — and 2023, when it surged 1256 bps.
  • Factset Research Systems' Operating Margin stood at 34.05% in 2022, then rose by 2 bps to 34.86% in 2023, then dropped by 3 bps to 33.65% in 2024, then fell by 6 bps to 31.61% in 2025, then fell by 4 bps to 30.27% in 2026.
  • The last three Operating Margin figures came in at 30.27% (Q1 2026), 31.61% (Q4 2025), and 29.71% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 48.00%
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 69.66%
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 44.35%
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 55.93%
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 30.74%
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn -1.52%
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 53.70%
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 39.72%
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 19.65%
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 30.27%

Historic Data

Download Data
DateValue
Feb 28, 2026 30.27%
Nov 30, 2025 31.61%
Aug 31, 2025 29.71%
May 31, 2025 33.16%
Feb 28, 2025 32.50%
Nov 30, 2024 33.65%
Aug 31, 2024 22.74%
May 31, 2024 36.63%
Feb 29, 2024 33.33%
Nov 30, 2023 34.86%
Aug 31, 2023 21.67%
May 31, 2023 32.46%
Feb 28, 2023 32.86%
Nov 30, 2022 34.05%
Aug 31, 2022 26.48%
May 31, 2022 19.90%
Feb 28, 2022 28.61%
Nov 30, 2021 28.88%
Aug 31, 2021 28.93%
May 31, 2021 29.46%