FactSet Research Systems Inc. — Cyborg Score 8/10

Strong
Financial Data & Analytics / Capital Markets Technology

Strategic Profile

FactSet's client relationships average over 16 years, with roughly three-quarters of the top global investment banks and 95 of the top 100 global asset managers as clients. The company's AI products have seen broad-based user adoption with sequential growth of more than 45%, highlighting successful integration of AI into its offerings. More than 90% of ASV is linked to proprietary data, tools, and client-facing solutions.

Cyborg Score Rationale

FactSet reported 5.9% growth in Annual Subscription Value (ASV) to $2.4 billion and a 3% increase in adjusted diluted EPS to $4.51 in Q1 2026. The company maintains a strong operating margin of 32.23% and a net margin of 25.72%. AI product adoption with 45%+ sequential growth provides significant growth optionality.

Top Insights

  • Q1 2026 showed robust ASV growth of 5.9% to $2.4 billion with 3% adjusted diluted EPS growth to $4.51
  • FactSet increased share repurchase authorization from $400 million to $1 billion, reflecting confidence in financial strength
  • In early February 2026, FactSet announced a beta release of its AI Doc Ingest tool for Cobalt and partnership with Kepler Cheuvreux to integrate European Aftermarket Research
  • FactSet now covers over 10 million private companies in its database, supporting client risk assessment across public and private assets

Named Competitors

  • Bloomberg — Financial data and analytics platform
  • Refinitiv — Financial data and analytics software
  • Morningstar — Investment research and data
  • S&P Global — Financial intelligence and analytics

Recent Developments

  • (February 2026) AI Doc Ingest beta release for Cobalt and Kepler Cheuvreux partnership for European equity research integration
  • (December 2025) Q1 FY2026 earnings: 5.9% ASV growth to $2.4B, 36.2% adjusted operating margin
  • (December 2025) Share buyback authorization increased to $1 billion from $400 million

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