
FactSet Revenue Climbs 4.9% to $568.7M on Organic Demand and AI Push
FactSet Research Systems Inc.Description
What this story covers
FactSet's Q1 revenues rose 4.9% to $568.7M, driven by 4.7% organic growth from subscriptions. Operating income up 1.2% to $191.3M, with strong client retention at 95% ASV. Strategy emphasizes AI integration and workflow tools; liquidity solid at $289M cash, supporting $88M shareholder returns and Irwin acquisition. Risks hedged against FX and rates.
Story snapshot
CompanyFactSet Research Systems Inc.
TickerFDS
VariantStandard detailed
Duration11:37
Filing type10-Q
PeriodQ1 2025
IndustryTechnology
Accession0001013237-25-000010
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