Overview
- FactSet reported Q2 fiscal 2026 revenue of $611 million, up 7.1%, with adjusted EPS of $4.46, a 4% rise, and a 35% adjusted operating margin as organic annual subscription value grew 6.7% to $2.45 billion.
- The company lifted full‑year guidance for subscription value, revenue, and EPS while keeping its operating margin range unchanged.
- AI efforts showed measurable traction as the MCP data platform reached more than 120 clients with rising API use and coding assistants produced about 20% of successful code commits, helping capture over half of a 100‑basis‑point productivity goal.
- Customer health stayed strong with 98 net new clients for a total of 9,101, more than 241,000 users, 91% client retention, and subscription value retention above 95%.
- Shareholder returns accelerated with roughly 652,000 shares repurchased for $163 million in Q2, more than $300 million in buybacks year to date, and about $700 million of authorization still available.