Factset Research Systems (FDS) Operating Margin (2009 - 2026)
Factset Research Systems' (FDS) quarterly Operating Margin came in at 26.7% in Q2 2026, down 646.0% on a YoY basis from 4.89% in Q2 2025, and down 11.81% quarter-over-quarter from 30.27% in Q1 2026.
Analysis
Factset Research Systems (FDS) Operating Margin (2009 - 2026) Analysis & Trends
Factset Research Systems (FDS) has reported Operating Margin for 18 consecutive years, with 26.7% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 646.0% year-over-year to 26.7%; the trailing twelve-month figure through May 2026 stood at 29.55% (down 100.0% YoY), and the FY2025 full-year result was 32.23%, up 40.0% from the prior year.
- Operating Margin slipped to 26.7% in Q2 2026 per FDS's latest filing, from 30.27% in the prior quarter.
- Across five years, Operating Margin topped out at 36.63% in Q2 2024 and bottomed at 19.9% in Q2 2022.
- Historically, Operating Margin has averaged 30.07% across 5 years, with a median of 32.03% in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Margin tumbled 956 bps in 2022, then soared 1256 bps in 2023.
- Over 5 years, Operating Margin stood at 34.05% in 2022, then advanced by 2 bps to 34.86% in 2023, then fell by 3 bps to 33.65% in 2024, then decreased by 6 bps to 31.61% in 2025, then retreated by 16 bps to 26.7% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 26.7%, 30.27%, and 31.61% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 123.21 Bn | 119.07 Bn | 2.98 Bn | 43.70% |
| 2 | Moodys | 82.09 Bn | 80.60 Bn | 1.67 Bn | 47.87% |
| 3 | Msci | 40.11 Bn | 39.75 Bn | 717.10 Mn | 56.23% |
| 4 | Verisk Analytics | 23.13 Bn | 22.58 Bn | 572.90 Mn | 45.11% |
| 5 | Factset Research Systems | 10.17 Bn | 9.86 Bn | 310.73 Mn | 26.70% |
| 6 | Morningstar | 7.41 Bn | 6.89 Bn | 423.90 Mn | 24.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 26.70% |
| 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% |