FactSet Research Systems
FDS
$290.63 4.20%
Exchange: NYSE | Sector: Financial Services | Industry: Financial Data Stock Exchanges
Q4 2024
Published: Oct 29, 2024

Earnings Highlights

  • Revenue of $562.19M up 4.9% year-over-year
  • EPS of $2.32 increased by 35.7% from previous year
  • Gross margin of 54.1%
  • Net income of 89.50M
  • "“We ended fiscal 2024 with organic ASV plus Professional Services growth of $104 million or 4.8%, which is just above the midpoint of our guidance range provided in June.”" - Philip Snow
FDS
Company FDS

Executive Summary

FactSet reported a solid Q4 2024 that capped a resilient fiscal year, delivering 4.93% revenue growth year over year to $562.19 million for the quarter and a full-year revenue run-rate around $2.2 billion. Organic ASV plus Professional Services grew by $104 million, or 4.8%, in fiscal 2024, landing above the guidance midpoint and signaling continued demand for FactSet’s data, analytics, and workflow solutions. The quarter featured a GAAP operating margin of 22.7% and an adjusted operating margin of 35.8%, with the adjusted metric benefiting from lower bonus accruals and stronger top-line growth, partly offset by higher technology-related spending and a one-time Massachusetts sales tax charge. Net income rose 37.4% YoY in the quarter to $89.5 million, and quarterly EPS was $2.32.

Key Performance Indicators

Revenue
Increasing
562.19M
QoQ: 1.72% | YoY: 4.93%
Gross Profit
Increasing
303.99M
54.07% margin
QoQ: -0.57% | YoY: 11.72%
Operating Income
Increasing
127.86M
QoQ: -36.69% | YoY: 9.18%
Net Income
Increasing
89.50M
QoQ: -43.41% | YoY: 37.43%
EPS
Increasing
2.32
QoQ: -44.10% | YoY: 35.67%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 570.66 3.76 +4.5% View
Q1 2025 568.67 3.89 +4.9% View
Q4 2024 562.19 2.32 +4.9% View
Q3 2024 552.71 4.09 +4.3% View
Q2 2024 545.95 3.65 +6.0% View