FDS
FACTSET RESEARCH SYSTEMS INCEvidence as of 2026-10-14The desk's Snapshot
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Overview · FACTSET RESEARCH SYSTEMS INC
FactSet Research Systems Inc., a financial data and analytics company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth. It serves portfolio m…
Management team
- Ms. Catrina Harding · Executive VP & Chief People OfficerFind on LinkedIn
- Ms. Rachel Rebecca Stern · Chief Legal Officer, Global Head of Strategic Resources, Executive VP & Corporate SecretaryFind on LinkedIn
- Ms. Alexandra van Nes · Senior Vice President of Investor RelationsFind on LinkedIn
- Ms. Katherine M. Stepp · Executive VP & CTOFind on LinkedIn
Start free to see the full management team.
Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it, not a rating or a recommendation.
−0.4 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled. The rest of the page is the evidence behind it.
Evidence balance: Cautious ( -0.4 of a possible +2; confidence high ). Over three reported fiscal quarters revenue rose from $ 607,621,000 in fiscal Q1 2026 (2025-09-01 to 2025-11-30) to $ 611,019,000 in fiscal Q2 2026 (2025-12-01 to 2026-02-28) and to $ 622,918,000 in fiscal Q3 2026 (2026-03-01 to 2026-05-31). Over the same interval operating income fell from $ 192,071,000 to $ 184,961,000 to $ 166,301,000, and the calculated operating margin compressed from about 31.6% to 30.3% to 26.7%.
Net income and diluted EPS also declined across these quarters, from $ 152,580,000 (EPS $ 4.06) in fiscal Q1 2026 to $ 126,718,000 (EPS $ 3.50) in fiscal Q3 2026. Common shares outstanding show a steady reduction from 37,456,326 as of 2025-10-15 to 35,565,543 as of 2026-06-25, and long-term debt rose modestly from $ 1,368,260,000 as of 2025-08-31 to $ 1,389,701,000 as of 2026-05-31. Filings disclose a material weakness in IT general controls, a $ 66.2 million sales-tax charge resolved on 2024-11-26, expanded cyber-security risk language, and a multi-year IT disaster-recovery project described as enhancing resiliency.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else (no outside knowledge, no browsing), so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC (revenue, margins, income, debt and share count, quarter by quarter) and reports which way the trend is running.
Revenue from contracts (three-month periods) rose from $607,621,000 in fiscal Q1 2026 (2025-09-01 to 2025-11-30) to $611,019,000 in fiscal Q2 2026 (2025-12-01 to 2026-02-28) and to $622,918,000 in fiscal Q3 2026 (2026-03-01 to 2026-05-31).
XBRL companyfacts · 0001628280-26-000223Operating income (three-month periods) declined from $192,071,000 in fiscal Q1 2026 (2025-09-01 to 2025-11-30) to $184,961,000 in fiscal Q2 2026 (2025-12-01 to 2026-02-28) and to $166,301,000 in fiscal Q3 2026 (2026-03-01 to 2026-05-31), indicating quarter-to-quarter compression in absolute operating profit.
XBRL companyfacts · 0001628280-26-000223Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full: its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet; its risk analysis fills in once that lands.
The Form 10-K filed 22 Oct 2025 highlights expanded and more granular cyber-security and data-protection risk language, including new emphasis on unauthorized access, third-party/cloud provider risk concentration, and the evolving threat of generative and agentic AI.
10-K filed 2025-10-22In the Form 10-K filed 22 Oct 2025 the company disclosed a material weakness in its internal control over financial reporting related to the design and operation of its information technology general controls that support revenues, accounts receivable, and deferred revenues, and stated it is still in the process of enhancing those controls and expects to complete remediation.
10-K filed 2025-10-22Reads the signal panel above (momentum, volatility, drawdown, relative strength and beta) and ranks each against the whole research universe rather than judging it in isolation.
Momentum over the last 6 months is +30.7% and ranks in the 87th percentile of the 881-stock research universe on 2026-10-13.
Moneyta signal set · 2026-10-13weakened in debateThe 12_1 momentum metric is -24.2% and ranks in the 13th percentile of the 881-stock research universe on 2026-10-13.
Moneyta signal set · 2026-10-13weakened in debateReads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
13F-reported institutional holdings total "$9.15B" as of the reporting period 2026-06-30.
13F holdings · 774 filers · as of 2026-06-30BAMCO INC /NY/ is listed as the largest 13F holder with a reported value of "$966.5M" and a quarter-over-quarter change of 18.6%.
13F holdings · 774 filers · as of 2026-06-30Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
The article reports the SPDR FactSet Innovative Technology ETF had short interest of 1,789 shares as of September 30, a 56.2% drop from 4,084 shares on September 15.
News · thelincolnianonline.com · 2026-10-13The coverage is about short-interest activity in an ETF named for FactSet (SPDR FactSet Innovative Technology ETF), not about FactSet Research Systems Inc.'s corporate results or operations.
News · thelincolnianonline.com · 2026-10-13Reads parsed Forms 3/4/5: who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
A transaction reporting 'action: code F' for Viswanathan Sanoke (Chief Executive Officer) on 22 September 2026 shows 8,065 shares with a disclosed value of "$2.2M"; the filing does not list a trading plan flag.
Form 4 · Viswanathan Sanoke (Chief Executive Officer) · $2.2M code F · 2026-09-22A transaction reporting 'action: code A' for Warren Joshua (EVP, Chief Financial Officer) on 1 May 2026 shows 2,272 shares with a disclosed value of "$0"; the filing does not list a trading plan flag.
Form 4 · Warren Joshua (EVP, Chief Financial Officer) · $0 code A · 2026-05-01Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The model reports an implied free cash flow (FCF) growth rate of 16.27% per year that today's price would justify under the stated discount and terminal assumptions.
Valuation inputs · SEC XBRL + stored EOD closePrice-to-FCF (trailing twelve months) is 26.81.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score. The argument is shown, not hidden, so you can judge the reasoning yourself.
The evidence set contains multiple items that together support a favorable read: top-line contract revenue increased each quarter across FY2026 Q1–Q3 (fundamentals-0) while the company steadily reduced share count over the same period (fundamentals-4), which mechanically supports per-share metrics. Market signals show strong medium-term momentum and technical placement (6-month +30.7% and price above 50- and 200-day SMAs with a golden cross; market-0, market-2) alongside large institutional ownership (13F holdings $9.15B; ownership-0), indicating meaningful investor interest. Valuation and cash-flow metrics (P/E ~19.4, FCF per share ~10.85, EV/EBITDA ~12.6; valuation-1, valuation-2, valuation-4) provide documented context that current multiples imply material cash-flow expectations (valuation-5), which is useful for educational comparison. The strength of the supporting evidence is moderate to strong for the items above (SEC-filed financials and aggregate 13F holdings are primary filings; market signals are quantitative snapshots).
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.39
36 surviving claims rest on 12 distinct sources; the heaviest analyst carries 17% of them, and 96% of what the desk raised survived the debate.
The package rests on a moderate breadth of evidence (36 claims from 12 distinct sources) with no single analyst dominating the narrative—so weight is not overly concentrated by analyst attribution. However, the very high survival rate through debate suggests the desk reached consensus quickly, which raises the possibility of confirmation persistence; together with several accounting- and filing-based claims concentrated in a few SEC documents, this means the read is informative but should be treated as moderately fragile rather than definitive. In short: useful and reasonably corroborated, but sensitive to a small set of primary filings and a high consensus bias.
Peer context · computed, not argued
12-1 momentum ranks 6th of 7 in Financial Data & Stock Exchanges (as of 2026-10-13).
90-day volatility ranks 2nd of 7 in Financial Data & Stock Exchanges (as of 2026-10-13).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment. When the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here (no outside knowledge, no browsing), and each card shows who read it and what it contributed to the score.
8 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data, not retyped or estimated.
Read by Mercer−0.2 to the score
12 documents· 3 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes−0.2 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash−0.2 to the score
3 holdings records· 1 cited
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.3 to the score
1 headline
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
2 filings
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state, with stated and inferred flags kept apart.
Read by Talbot−0.4 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only; it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal; the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
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Educational analysis of published data. Moneyta does not give investment advice or make recommendations.