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How Factset Research Systems (FDS) makes money

Factset Research Systems (FDS) made $635M of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Americas brought in $414M (65%); EMEA brought in $155M (24%); Asia Pacific brought in $65.6M (10%). Of every dollar of revenue, 25¢ was left as operating profit, 19¢ was left as net earnings.

Drawing the Sankey…

Factset Research Systems revenue by segment, Q4 FY26Factset Research Systems revenue by segment, Q4 FY26Americas$414MEMEA$155MAsia Pacific$65.6M
Factset Research Systems: revenue by line, Q2 FY25 to Q4 FY26Factset Research Systems: revenue by line, Q2 FY25 to Q4 FY26AmericasEMEAAsia PacificAmericas: $414M latest$414MEMEA: $155M latest$155MAsia Pacific: $65.6M latest$65.6MQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
The mix barely moved between Q2 FY25 and Q4 FY26.
Factset Research Systems revenue by quarterFactset Research Systems revenue by quarter$571MQ2 FY25$586MQ3 FY25$597MQ4 FY25$608MQ1 FY26$611MQ2 FY26$623MQ3 FY26$635MQ4 FY26
Factset Research Systems: where each dollar of revenue goesFactset Research Systems: where each dollar of revenue goesOperating profit25¢Income tax4¢Net earnings19¢Operating cash flow32¢Free cash flow28¢

Revenue by segment, Q4 FY26

SegmentRevenueShareQ/QY/Y
Americas$414M65.3%+2%—
EMEA$155M24.4%+2%—
Asia Pacific$65.6M10.3%+3%—

Where each dollar of revenue goes

LineQ4 FY26% of revenue
Revenue$635M100.0%
Operating profit$157M24.7%
Income tax$23.2M3.7%
Net earnings$121M19.1%
Operating cash flow$205M32.3%
Free cash flow$177M27.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q4 FY26$635M+6%
Q3 FY26$623M+6%
Q2 FY26$611M+7%
Q1 FY26$608M+7%
Q4 FY25$597M+6%
Q3 FY25$586M+6%
Q2 FY25$571M+4%

From Factset Research Systems' 10-K filed Oct 20, 2026 (on EDGAR).

Questions

How does Factset Research Systems make money?

Factset Research Systems (FDS) made $635M of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Americas brought in $414M (65%); EMEA brought in $155M (24%); Asia Pacific brought in $65.6M (10%). Of every dollar of revenue, 25¢ was left as operating profit, 19¢ was left as net earnings.

What is Factset Research Systems' biggest business?

Americas: $414M in the fourth quarter fiscal 2026, 65% of revenue.

What is Factset Research Systems' profit margin?

Net earnings were $121M, 19.1% of revenue, in the fourth quarter fiscal 2026; the operating margin was 24.7%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.