FactSet Hosts Investor Day 2026

Fiscal 2027 operating income guidance remains $806 million to $840 million under GAAP.

Rhea-AI Summary

FactSet (FDS) outlined its medium-term financial outlook through fiscal 2029 and reaffirmed fiscal 2027 guidance at its Investor Day.

Through fiscal 2029, the company targets approximately 6% organic revenue compound annual growth, adjusted operating margin of at least 36% by fiscal 2029, and approximately 10% compound annual growth in adjusted diluted earnings per share. It also targets free cash flow conversion averaging more than 90% of adjusted net income.

Fiscal 2027 guidance remains revenue of $2,600 million to $2,625 million and organic annual subscription value growth of 5.0% to 6.5%. GAAP operating margin guidance is 31.0% to 32.0%, versus adjusted margin of 34.75% to 35.25%. Diluted earnings per share guidance is $17.00 to $17.50 under GAAP and $19.25 to $19.65 on an adjusted basis.

10 points · 0 major

PositiveiHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 0 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate point. Forward-looking: it has not happened yet and may not happen.Organic revenue growth target through fiscal 2029 is approximately 6% compounded annually.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Adjusted operating margin target is at least 36% by fiscal 2029.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Adjusted diluted earnings per share growth target through fiscal 2029 is approximately 10% compounded annually.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Free cash flow conversion target averages more than 90% of adjusted net income.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Fiscal 2027 revenue guidance reaffirmed at $2,600 million to $2,625 million.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Fiscal 2027 organic annual subscription value growth guidance reaffirmed at 5.0% to 6.5%.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Fiscal 2027 GAAP operating income guidance is $806 million to $840 million, with margin of 31.0% to 32.0%.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Fiscal 2027 GAAP diluted earnings per share guidance reaffirmed at $17.00 to $17.50.

2 minor points

• Minor point. Forward-looking: it has not happened yet and may not happen.Fiscal 2027 adjusted operating income guidance is $903 million to $925 million, with margin of 34.75% to 35.25%.
• Minor point. Forward-looking: it has not happened yet and may not happen.Fiscal 2027 adjusted diluted earnings per share guidance reaffirmed at $19.25 to $19.65.

Negative

• None.

Key Figures

Adjusted operating margin: At least 36% Free cash flow conversion: More than 90% FY2027 revenue: $2,600 million to $2,625 million +3 more

Adjusted operating margin

At least 36%

Medium-term outlook through FY2029

Free cash flow conversion

More than 90%

Of adjusted net income on average; medium-term outlook

FY2027 revenue

$2,600 million to $2,625 million

Fiscal 2027 outlook

Organic ASV growth

5.0% to 6.5%

Fiscal 2027 outlook

Adjusted operating margin

34.75% to 35.25%

Fiscal 2027 outlook

Adjusted diluted EPS

$19.25 to $19.65

Fiscal 2027 outlook

Key Terms

compound annual growth rate, adjusted operating margin, free cash flow conversion, diluted eps, +1 more

5 terms

compound annual growth rate financial

"Organic revenue compound annual growth rate of approximately 6%"

The compound annual growth rate (CAGR) shows how much an investment or value has grown, on average, each year over a specific period. It considers the effect of growth that compounds or builds upon itself, similar to how interest accumulates in a savings account. Investors use CAGR to compare different investments’ long-term performance and to understand how steady or consistent their growth has been over time.

adjusted operating margin financial

"Adjusted operating margin of at least 36% by fiscal 2029"

Adjusted operating margin shows how much profit a company makes from its core business activities, after removing unusual or one-time costs and income. It helps investors see the company's true profitability by providing a clearer picture, similar to removing unexpected expenses to understand the regular performance. This metric is useful for comparing companies or tracking performance over time, as it highlights consistent earning power.

free cash flow conversion financial

"Free cash flow conversion of more than 90%"

Free cash flow conversion measures how effectively a company turns its reported profits into actual cash that can be used for growth, debt repayment, or dividends. It compares the cash generated after expenses to the company's net income, similar to how a person might compare their savings to their paycheck. High conversion indicates the company is efficient at translating profits into cash, which is important for investors assessing its financial health and flexibility.

diluted eps financial

"Adjusted diluted EPS compound annual growth rate"

Diluted earnings per share (EPS) shows how much profit a company makes for each share of stock, assuming all possible shares from stock options or convertible securities are used. It provides a more conservative estimate than basic EPS, accounting for potential share increases that could dilute ownership. Investors use diluted EPS to get a clearer picture of a company's true profitability on a per-share basis.

gaap financial

"GAAP operating margin of 31.0% to 32.0%"

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

View in glossary

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Details Strategy and Medium-Term Outlook Through Fiscal 2029; Reaffirms Fiscal 2027 Outlook

NORWALK, Conn., Nov. 10, 2026 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a leading global intelligence and AI solutions provider to the financial markets, will host its Investor Day today in New York City at 9:00 a.m. Eastern Time today to present its strategic vision, product roadmap, and financial outlook.

“FactSet has a generational opportunity to become the world’s most trusted financial intelligence platform and create long-term shareholder value. Our strategy to deliver connected data, advanced analytics, and intelligent workflows positions us well to provide trusted AI and expand its use at our clients based on our strong quality, cost, and control value proposition.” said Sanoke Viswanathan, Chief Executive Officer of FactSet.

Presentations will feature Chief Executive Officer Sanoke Viswanathan, Chief AI Officer Kate Stepp, Chief Technology Officer Bob Stolte, Chief Revenue Officer Goran Skoko, and Chief Financial Officer Josh Warren.

FactSet is outlining its financial algorithm that supports its medium-term outlook through FY29:

• Organic revenue compound annual growth rate of approximately 6%
• Adjusted operating margin of at least 36% by fiscal 2029
• Adjusted diluted EPS compound annual growth rate of approximately 10%
• Free cash flow conversion of more than 90% of adjusted net income on average.

As part of the Investor Day, FactSet is also reaffirming its fiscal 2027 outlook:

• Organic ASV growth of 5.0% to 6.5%
• Revenues of $2,600 million to $2,625 million
• GAAP operating margin of 31.0% to 32.0% and adjusted operating margin of 34.75% to 35.25%
• GAAP diluted EPS of $17.00 to $17.50 and adjusted diluted EPS of $19.25 to $19.65.

The event will be webcast live on the Investor Relations website. A replay and presentation materials will be made available afterward at investor.factset.com, and will remain accessible through November 10, 2027.

Forward-looking Statements

This press release contains forward-looking statements based on management's current expectations, estimates, forecasts and projections about future events, trends, contingencies, and circumstances, industries in which FactSet operates and the beliefs and assumptions of management. All statements that address expectations, guidance, outlook or projections about the future, including statements about the Company's strategy, product development, revenues, future financial results, anticipated growth, market position, subscriptions, expected expenditures or investments, trends in FactSet’s business and financial results, are forward-looking statements. Forward-looking statements may be identified by words like "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "intends," "projects," "indicates," "predicts," "potential," or "continue," the negative of those terms, and similar expressions. Forward-looking statements are not guarantees of future performance, outcomes, events, or actions and involve a number of known and unknown risks, uncertainties, assumptions, and other important factors. Many factors, including those discussed more fully elsewhere in this release and in FactSet's filings with the Securities and Exchange Commission, particularly its latest annual report on Form 10-K, including Item 1A, Risk Factors, and quarterly reports on Form 10-Q. Any of these factors could cause results, performance, achievements, or activities to differ materially from those expressed or implied by the forward-looking statements. Accordingly, the Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. FactSet assumes no duty to and does not undertake to update or revise any forward-looking statement to reflect events or circumstances arising after the date on which it is made, except as required by applicable law. Future results could differ materially from historical performance.

About Non-GAAP Financial Measures

The Company reports its financial results in accordance with U.S. GAAP. The Company also refers to and presents certain non-GAAP financial measures, including organic revenues, adjusted operating margin, adjusted net income, adjusted diluted EPS, and free cash flow conversion, defined as free cash flow divided by adjusted net income. FactSet uses these non-GAAP financial measures both in presenting its results to stockholders and the investment community and in its internal evaluation and management of the business. The presentation of this non-GAAP financial information should not be considered in isolation from, or as a substitute for, the financial information prepared and presented in accordance with GAAP. Fiscal 2027 adjusted operating margin and adjusted diluted EPS guidance exclude $85 million to $97 million, or $2.15 to $2.25 per diluted share, of amortization of intangible assets and other discrete items, and do not include certain effects of any non-recurring benefits or charges that may arise in fiscal 2027. We are not able to provide reconciliations of certain forward-looking non-GAAP financial measures, including the medium-term outlook included in this press release, to comparable GAAP measures because certain items required for such reconciliations are outside of our control and/or cannot be reasonably predicted without unreasonable effort.

Business Outlook Reconciliation

(Unaudited)
Figures may not foot due to rounding	Annual Fiscal 2027 Guidance
(In millions, except per share data)
Revenues	$2,600 - $2,625
Operating income	$806 - $840
Operating margin	31.0% - 32.0%
Amortization of intangible assets and other discrete items	$85 - $97
Adjusted operating income	$903 - $925
Adjusted operating margin(a)	34.75% - 35.25%
Diluted earnings per share per common share	$17.00 - $17.50
Amortization of intangible assets and other discrete items	$2.15 - $2.25
Adjusted diluted earnings per common share	$19.25 - $19.65

^{(a) Adjusted operating margin is calculated as Adjusted operating income divided by Revenues.}

About FactSet

FactSet (NYSE: FDS | NASDAQ: FDS) supercharges financial intelligence, offering enterprise data and information solutions that help our clients maximize their potential. Our digital platform seamlessly integrates proprietary data, third-party sources, and flexible technology to deliver tailored solutions across the buy side, sell side, wealth, and corporate sectors. With over 48 years of expertise, we leverage advanced data connectivity, AI, and next-generation tools to streamline workflows and enable smarter decision-making. As an S&P 500 company serving more than 9,200 global clients and over 260,000 individual users, we are dedicated to innovation and long-term client success. Learn more at www.factset.com and follow us on X and LinkedIn.

FactSet Investor Relations:

Kevin Toomey
+1.212.209.5259
Kevin.Toomey@factset.com

FactSet Media Relations:

Adam Dalezman
+1.203.810.1035
media_request@factset.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are FactSet's financial targets through fiscal 2029?

FactSet targets approximately 6% compound annual organic revenue growth and approximately 10% compound annual adjusted diluted earnings per share growth through fiscal 2029. Its targets also include adjusted operating margin of at least 36% by fiscal 2029 and free cash flow conversion averaging more than 90% of adjusted net income.

Did FactSet change its fiscal 2027 financial outlook at Investor Day?

FactSet reaffirmed its fiscal 2027 outlook, including revenue of $2,600 million to $2,625 million and GAAP diluted earnings per share of $17.00 to $17.50. Adjusted diluted earnings per share guidance remains $19.25 to $19.65, while organic annual subscription value growth guidance remains 5.0% to 6.5%.