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| Date | Value |
|---|---|
| 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% |