Factset Research Systems Inc (NYSE:FDS) stock fell 3.32% (As on September 19, 11:26:14 AM UTC-4, Source: Google Finance) after the company has reported mixed results for the fourth quarter fiscal 2025. Organic revenues increased 4.5% year over year to $562.2 million. Region-wise, organic revenue growth was 5.3% for the Americas, 1.7% for the EMEA and 5.9% for the Asia Pacific. Revenues generated from the Americas segment were $388.7 million, up 7.3% from the year-ago quarter, surpassing the estimate of $381.2 million. Revenues from the EMEA were $147.4 million, an increase of 3% from the year-ago quarter. Revenues from the Asia Pacific were $60.8 million, marking 7.4% growth on a year-over-year basis, outpacing the estimate of $60.2 million. The company exited the quarter with a cash and cash-equivalent balance of $337.7 million compared with $356.4 million in the third quarter of fiscal 2025. The long-term debt was $1.4 billion, flat with the preceding quarter. FDS generated $212.1 million in cash from operating activities. However, its capital expenditure was $34 million. The free cash flow utilized was $178.1 million.
Moreover, FactSet’s Annual Subscription Value (“ASV”) plus professional services were $2.4 billion. Organic ASV plus professional services were $2.4 billion, up 5.7% from the year-ago quarter. The buy-side and the sell-side organic ASV growth rates were 5.5% and 4.3%, respectively. Nearly 82% of organic ASV was generated by the buy-side and the rest by sell-side firms. Organic ASV generated from the United States was $1.5 billion, increasing 6% from the year-ago quarter. Organic ASV from the EMEA was $586.3 million, gaining 4.2% year over year. Organic ASV from the Asia Pacific was $242.7 million, up 7.2% on a year-over-year basis. FactSet added 185 clients in the fourth quarter of fiscal 2025, driven by corporate and wealth management clients, taking the total to 8,996. The annual client retention rate is 91%.
FDS in the second quarter of FY 25 has reported the adjusted earnings per share of $4.05, missing the analysts’ estimates for the adjusted earnings per share by 2.4%, according to the Zacks Consensus Estimate. The company had reported the adjusted revenue growth of 6.2 percent to $596.9 million in the second quarter of FY 25, beating the analysts’ estimates for revenue by a slight margin. The adjusted operating income was $201.7 million, which moved up marginally from the year-ago quarter and surpassed the estimate of $202.1 million. The adjusted operating margin of 33.8% declined 200 basis points from the year-ago quarter.
For fiscal 2026, the company anticipates revenues of $2.423-$2.448 billion. The guided range is lower than the Zacks Consensus Estimate of $2.45 billion. FDS anticipates earnings per share of $16.9-$17.6. The guided range is lower than the Zacks Consensus Estimate of $18.51. The adjusted operating margin is projected to be 34-35.5%.

