FactSet
Financial data, analytics and workflow software for investors.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- FactSet Research Systems Inc.
- Entity type
- COMPANY
- Founded
- 1978
- Headquarters
- 45 Glover Avenue, Norwalk, CT 06850
- Company size
- >5,000
- Market role
- B2B SaaS Provider
- Ticker
- FDS
- Official website
- factset.com
What FactSet does
FactSet runs a recurring B2B subscription and data licensing model for institutional finance. It packages market data, fundamentals, analytics, portfolio and trading workflows, and AI tools into software subscriptions, while also selling APIs, feeds and integrated third-party datasets. Value is created by embedding its data and tools directly into investment research, portfolio construction, risk management and execution processes, which raises switching costs and expands account value over time.
Category differentiation
FactSet is not a consumer investing app, broker or retail trading platform. It is enterprise financial data, analytics and workflow software for institutional finance users.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
FactSet Research Systems Inc. is a public B2B financial data and analytics software provider serving investment professionals. Its core products combine proprietary and third-party market data, portfolio analytics, screening, research workflows, portfolio management, trading tools, and programmatic data delivery through workstation, API and feed-based products. The company operates as both a subscription software provider and a licensed data supplier to asset managers, investment banks, wealth managers, hedge funds, traders, analysts and fintech teams. FactSet generates revenue primarily through recurring enterprise subscriptions for its workstation, analytics applications, portfolio and trading solutions, and data products. It also monetises through modular data licensing, API and feed access, and marketplace distribution of third-party and alternative datasets. Its value proposition is workflow integration: clients use a single environment for research, analytics, portfolio management and data integration rather than stitching together multiple fragmented tools.
Company news briefing
Briefing updated:
Building upon its July 2026 10-Q filing, FactSet continues to cement its standing as a benchmark for financial intelligence, with its consensus estimates actively utilised to evaluate corporate guidance for companies such as Affirm and Nvidia. Furthermore, FactSet's market position is reinforced by its integration as an optimized Model Context Protocol connector within OpenAI's newly launched ChatGPT for Financial Services.
Business model & monetisation
FactSet monetises through negotiated recurring subscriptions and data licences. Commercial packaging combines workstation seats, analytics modules, portfolio and trading capabilities, API access, data feeds and add-on datasets into modular enterprise contracts. Revenue is driven by annual or multi-year subscriptions, user-based access, dataset licensing, and platform expansion within existing institutional accounts.
- Workstation and analytics subscriptions
- Software Subscription
- Data feeds and API licences
- Software Subscription
- Portfolio management and trading solutions
- Software Subscription
- Third-party and alternative dataset access
- Pay-per-Use
- AI-enabled workflow modules
- Software Subscription
Products & capabilities
No products with linked sources are available in this view.
Products & market categories
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
AI Earnings Call Claims: More Quantified, Still Early Stage
AI · Recorded impact score: 3/5
Exponential View's AI Investment Brief analyzes earnings calls from S&P 500 companies to quantify AI's economic impact. In the June 2026 season, 33% of companies made quantified AI statements, with 35% in the quarter-to-date, up ~10 percentage points year-over-year. 15% of companies made quantified claims of AI's business impact, up from 9% in early 2025. Cost/productivity claims (26%) slightly outpaced revenue/demand claims (16%), with median improvements of 47% and 40% respectively. Deployment language increased from 7% in early 2025 to 12% this quarter, while pilot mentions remained low. The term 'agentic' appeared in 24% of calls, up from 9% in Q1 2025, while 'generative AI' declined from 13% to 6%. These trends suggest AI adoption is gradually being measured and reported, though it remains at an early stage in the broader economy.
- 33% of S&P 500 companies in June 2026 earnings season made quantified AI statements.
- 15% of companies made quantified claims of AI's business impact, up from 9% in early 2025.
Bank of America Bullish on Affirm Despite Modest Guidance
Buy Now Pay Later (BNPL) · Recorded impact score: 4/5
Affirm Holdings issued modest near-term growth guidance but beat fiscal fourth-quarter expectations, and Bank of America remains bullish. The bank reiterated a buy rating and raised its 12-month price target to $104 from $93, citing unmodeled growth vectors and potential catalysts such as a bank charter and brand-sponsored promotions. Affirm guided current-quarter revenue to $1.19 billion–$1.22 billion, above FactSet estimates. The article notes strong analyst support for the stock and recent substantial share gains over the past six months.
- Bank of America has a buy rating on Affirm and raised its 12-month price target to $104 from $93.
- Affirm reported fiscal fourth-quarter results that beat Wall Street expectations.
S&P 500 Profit Margins Reach Record Highs
Financials · Recorded impact score: 4/5
FactSet data shows the S&P 500's blended net profit margin ran at 16.9% in Q2, up from 14.8% in Q1 and 12.9% a year earlier — a level that would be the highest since FactSet began tracking margins in 2009. Alphabet and Amazon are the largest contributors: Alphabet reported a 34% operating margin and a $98 billion gain in other income, while Amazon reported $53.4 billion in other income largely tied to its Anthropic investment and a 13.7% operating margin. Even excluding those two mega-caps, the index's margin was about 15%, also a record. Eight of 11 S&P 500 sectors showed year-over-year margin improvements, led by technology, communication services, consumer discretionary and energy. Vanguard economist Adam Schickling attributed the margin strength to strong demand and operating leverage, while noting competitive pressure in tech could pose future risks.
- FactSet reports the S&P 500 blended net profit margin at 16.9% for Q2.
- The S&P 500 margin rose from 14.8% in Q1 and 12.9% a year ago; five-year average is 12.4%.
Bank of America Sees More Upside for Nebius
Financials · Recorded impact score: 4/5
Nebius Group's shares have surged roughly 210% year-to-date amid strong demand for AI-related cloud compute. Bank of America maintained a buy rating and raised its price target to $310 from $280, implying about 20% upside. Analyst Tal Liani cited Nebius’ expanding AI-optimized cloud infrastructure, global data center pipeline and management execution as drivers. Nebius reported better-than-expected Q2 results with adjusted EBITDA of $236.2 million (vs. $168.8M FactSet estimate) and revenue of $582.3 million (vs. $569.9M Street estimate), and reiterated full-year guidance including a target of 800MW–1GW of connected power by the end of 2026. The article notes broad Wall Street support, with 13 of 19 analysts rated buy/strong buy per LSEG data.
- Bank of America maintained a buy rating on Nebius Group and raised its price target to $310 from $280.
- Nebius reported Q2 adjusted EBITDA of $236.2 million, above the $168.8 million expected by analysts polled by FactSet.
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Questions about FactSet
What is FactSet?
FactSet is a public B2B provider of financial data, analytics, portfolio, trading and research workflow software for investment professionals.
Who uses FactSet?
Its users include asset managers, investment banks, wealth managers, hedge funds, portfolio managers, traders, analysts, developers and data teams.
How does FactSet make money?
It makes money through recurring subscriptions, workstation licences, analytics modules, portfolio and trading software, and licensed data feeds and APIs.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
16 publicly documented primary sources and citations linked across the market graph.
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