Overview
- Fiscal Q1 revenue rose 6.9% to $607.6 million and adjusted EPS reached $4.51, both ahead of consensus.
- Guidance was maintained for fiscal 2026, with adjusted EPS of $16.90–$17.60 and sales of $2.423–$2.448 billion, alongside targets for $100–$150 million in organic ASV and a 34.0%–35.5% adjusted operating margin.
- Adjusted operating margin declined to 36.2% from 37.6% on higher technology and third‑party content costs.
- Capital returns included a $1.10 quarterly dividend and $139.9 million of repurchases, and the Board authorized an additional $600 million to $1 billion in buybacks.
- CEO Sanoke Viswanathan said AI enhances FactSet’s offerings without major headcount cuts, and the stock fell about 7.7% after the report as cautious analyst views persist with an average price target near $322.