Filing Flows › Factset Research Systems (FDS) › Q3 FY26
Factset Research Systems (FDS) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jul 1, 2026
Factset Research Systems (FDS) reported revenue of $623M for the third quarter fiscal 2026 (Q3 FY26), +6% from a year earlier and +2% from the quarter before. Operating margin was 26.7%, net earnings $127M (20.3% of revenue).
Factset Research Systems, Q3 FY26: revenue $623M (+6% year over year), operating margin 26.7%, net earnings $127M, operating cash flow $285M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $623M | +2% | +6% |
| Operating profit | $166M | -10% | -14% |
| Net earnings | $127M | -5% | -15% |
| Operating cash flow | $285M | +34% | +12% |
| Free cash flow | $254M | +37% | +11% |
What changed
Revenue was $622.9M in Q3 FY26, up 6% year over year and up 2% from the previous quarter. Americas was the largest line at 65% of revenue. Americas added $26.7M year over year (up 7%), 71% of the total change.
Operating profit was $166.3M, a 26.7% margin (down 6.5 points year over year). Operating profit fell $27.9M even though revenue rose $37.4M versus Q3 FY25, so costs grew faster than sales. Total costs grew 17% against revenue growth of 6%. The fastest-growing cost line was SG&A (+31%). Net earnings were $126.7M, down 15% year over year. The effective tax rate was 17.8%.
Operating cash flow was $284.5M (up 12% year over year), 225% of net earnings. Non-cash charges added back $45.9M of depreciation and amortization and $22.2M of share-based compensation. Working capital and other items added $89.7M. Capital expenditures of $30.5M left free cash flow of $254.0M.
Questions
What was Factset Research Systems' revenue in the third quarter fiscal 2026?
Factset Research Systems (FDS) reported revenue of $623M for the third quarter fiscal 2026 (Q3 FY26), +6% from a year earlier and +2% from the quarter before.
Was Factset Research Systems profitable in the third quarter fiscal 2026?
Operating profit was $166M (26.7% of revenue) and net earnings $127M.