FACTSET RESEARCH SYSTEMS INC

Listed Company

FDSCIK 0001013237NYSELarge AcceleratedServices-Computer Programming, Data Processing, Etc.DelawareFY ends Aug 31

Period

FY 2025

Revenue

$2.32B

Net Income

$597.04M

Total Assets

$4.30B

Equity

$2.19B

Shares Out

36.43M

Op. Cash Flow

$726.26M

Business

FactSet Research Systems Inc. provides a global financial digital platform and enterprise solutions to investment professionals, delivering connected data, analytics and AI-powered technologies. Its main products and services include multi-asset class data subscriptions, configurable desktop and mobile workstations, portfolio analytics, enterprise data solutions, APIs, data feeds, and managed services supporting performance, risk and reporting workflows. The company operates through business offerings organized by firm type—Institutional Buyside, Dealmakers, Wealth, and Partnerships including CUSIP Global Services (CGS). It serves clients worldwide through regional offices, cloud and on-premises infrastructure, desktop and mobile platforms, programmatic access, and channel partnerships.

Summary from filing dated 2025-10-22

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-08-31	FY 2024 2024-08-31	FY 2023 2023-08-31	FY 2022 2022-08-31	FY 2021 2021-08-31
Revenues	2,322	2,203	2,086	1,844	1,591
Cost of services	1,098	1,012	973	871	786
Selling, general and administrative	476	490	483	433	331
Total operating expenses	1,573	1,502	1,456	1,368	1,117
Operating income	748	701	629	475	474
Interest income	7	14	13	6	2
Interest expense	−56	−66	−66	−36	—
Other income (expense), net	22	2	8	−2	−30,000
Total other income (expense), net	−27	−50	−45	−32	−6
Income before income taxes	721	652	584	444	468
Provision for income taxes	124	114	116	47	68
Net income	597	537	468	397	400
Basic earnings per common share (in USD per share)	15.74	14.11	12.26	10.48	10.56
Diluted earnings per common share (in USD per share)	15.55	13.91	12.04	10.25	10.36
Basic weighted average common shares (in shares)	38	38	38	38	38
Diluted weighted average common shares (in shares)	38	39	39	39	39

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-08-31	FY 2024 2024-08-31	FY 2023 2023-08-31	FY 2022 2022-08-31	FY 2021 2021-08-31
Cash and cash equivalents	338	423	425	503	682
Investments	17	70	32	33	36
Accounts receivable, net of reserves of $13,789 at August 31, 2025 and $14,581 at August 31, 2024	271	228	238	204	151
Prepaid taxes	34	55	24	39	14
Prepaid expenses and other current assets	70	60	51	91	51
Total current assets	730	836	770	870	934
Property, equipment and leasehold improvements, net	85	83	86	81	131
Goodwill	1,285	1,011	1,005	966	754
Intangible assets, net	1,916	1,844	1,859	1,896	135
Deferred tax assets	61	61	27	3	2
Lease right-of-use assets, net	122	130	142	159	239
Other assets	105	90	74	39	29
TOTAL ASSETS	4,304	4,055	3,963	4,014	2,225
Accounts payable and accrued expenses	135	178	122	108	86
Current debt	0	125	0	—	—
Current lease liabilities	33	31	29	29	32
Accrued compensation	131	93	113	115	104
Deferred revenues	168	160	152	152	63
Current taxes payable	13	40	31	0	—
Dividends payable	41	39	37	34	31
Total current liabilities	521	667	484	438	316
Long-term debt	1,368	1,241	1,613	1,982	575
Deferred tax liabilities	15	8	7	9	15
Deferred revenues, non-current	624,000	1	4	7	8
Taxes payable	45	40	30	34	30
Long-term lease liabilities	157	178	198	209	260
Other liabilities	11	7	7	3	5
TOTAL LIABILITIES	2,118	2,143	2,343	2,683	1,209
Commitments and contingencies	—	—	—	—	—
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued	0	0	0	0	0
Common stock, $0.01 par value, 150,000,000 shares authorized, 43,013,266 and 42,598,915 shares issued, 37,645,870 and 37,952,270 shares outstanding at August 31, 2025 and 2024, respectively	430,000	426,000	421,000	417,000	412,000
Additional paid-in capital	1,622	1,479	1,324	1,190	1,048
Treasury stock, at cost: 5,367,396 and 4,646,645 shares at August 31, 2025 and 2024, respectively	−1,695	−1,376	−1,122	−931	−906
Retained earnings	2,323	1,889	1,505	1,180	913
Accumulated other comprehensive loss	−64	−80	−87	−108	−39
TOTAL STOCKHOLDERS EQUITY	2,186	1,912	1,620	1,331	1,016
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	4,304	4,055	3,963	4,014	2,225

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-08-31	FY 2024 2024-08-31	FY 2023 2023-08-31	FY 2022 2022-08-31	FY 2021 2021-08-31
Depreciation and amortization	158	125	105	87	64
Amortization of lease right-of-use assets	31	30	32	43	43
Stock-based compensation expense	61	64	62	56	45
Deferred income taxes	−4	−32	−31	−9	−5
Gain on divestiture of a business	−23	0	0	—	—
Other, net	12	15	38	—	—
Accounts receivable	−43	2	−40	−33	4
Prepaid expenses and other assets	65,000	−30	8	—	—
Accounts payable and accrued expenses	−59	55	8	13	2
Accrued compensation	36	−20	−3	15	22
Deferred revenues	2	5	−3	−6	5
Taxes payable, net of prepaid taxes	−1	−11	41	−19	26
Lease liabilities, net	−41	−39	−40	−49	−43
Net cash provided by operating activities	726	700	646	538	555
Purchases of property, equipment, leasehold improvements and capitalized internal-use software	−109	−86	−61	−51	−61
Acquisition of businesses, net of cash and cash equivalents acquired	−348	0	−24	−1,982	−58
Purchases of investments	−19	−59	−11	−878,000	−19
Proceeds from maturity or sale of investments	58	0	0	0	2
Proceeds from divestiture	25	0	0	—	—
Net cash provided by (used in) investing activities	−393	−144	−95	−2,034	−136
Proceeds from debt	803	0	0	2,238	0
Repayments of debt	−805	−250	−375	−825	0
Dividend payments	−160	−151	−139	−126	−118
Proceeds from employee stock plans	82	92	72	86	64
Repurchases of common stock	−300	−235	−177	−19	−265
Other financing activities	−27	−17	−14	−6	−4
Net cash provided by (used in) financing activities	−408	−561	−632	1,339	−323
Effect of exchange rate changes on cash, cash equivalents and restricted cash	3	2	4	−22	−263,000
Net increase (decrease) in cash, cash equivalents and restricted cash	−71	−2	−78	−179	96
Cash paid during the year for interest	55	66	77	30	8
Cash paid during the year for income taxes, net of refunds	103	157	91	76	47

Filings

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