Filing Flows › Factset Research Systems (FDS) › Q2 FY25
Factset Research Systems (FDS) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Apr 4, 2025
Factset Research Systems (FDS) reported revenue of $571M for the second quarter fiscal 2025 (Q2 FY25), +5% from a year earlier and +0.4% from the quarter before. Operating margin was 32.5%, net earnings $145M (25.4% of revenue).
Factset Research Systems, Q2 FY25: revenue $571M (+4% year over year), operating margin 32.5%, net earnings $145M, operating cash flow $174M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $571M | +0.4% | +5% |
| Operating profit | $185M | -3% | +2% |
| Net earnings | $145M | -3% | +3% |
| Operating cash flow | $174M | +101% | +21% |
| Free cash flow | $150M | +148% | +23% |
What changed
Revenue was $570.7M in Q2 FY25, up 5% year over year and roughly flat from the previous quarter. Americas was the largest line at 65% of revenue. Americas added $17.0M year over year (up 5%), 69% of the total change.
Operating profit was $185.5M, a 32.5% margin (down 0.8 points year over year). Of the extra revenue versus a year earlier, 14% reached operating profit, below the 33% margin then. Total costs grew 6% against revenue growth of 5%. Net earnings were $144.9M, up 3% year over year. The effective tax rate was 15.9%.
Operating cash flow was $174.0M (up 21% year over year), 120% of net earnings. Non-cash charges added back $38.4M of depreciation and amortization and $16.5M of share-based compensation. Working capital and other items used $25.9M. Capital expenditures of $23.7M left free cash flow of $150.2M.
Questions
What was Factset Research Systems' revenue in the second quarter fiscal 2025?
Factset Research Systems (FDS) reported revenue of $571M for the second quarter fiscal 2025 (Q2 FY25), +5% from a year earlier and +0.4% from the quarter before.
Was Factset Research Systems profitable in the second quarter fiscal 2025?
Operating profit was $185M (32.5% of revenue) and net earnings $145M.