FactSet Research Systems (FDS) 10-K Summary — Year Ended Aug 31, 2025
FactSet Research Systems Inc. provides financial data and analytic solutions to investment professionals. The company reported an increase in revenue and operating income for its most recent fiscal year.
Key takeaway
Year ended Aug 31, 2025 · FY2025 10-K
FactSet Research Systems Inc. provides financial data and analytic solutions to investment professionals. The company reported an increase in revenue and operating income for its most recent fiscal year.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$2.3B
Revenue reported for the fiscal year.
Operating income
$748.3M
Income from operations reported for the year.
Net income
$597M
Net income reported for the year.
Operating cash flow
$726.3M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Aug 31, 2022 | $1.8B | +15.9% |
| Aug 31, 2023 | $2.1B | +13.1% |
| Aug 31, 2024 | $2.2B | +5.6% |
| Aug 31, 2025 | $2.3B | +5.4% |
Business overview
The company operates as a provider of integrated financial information and analytical applications to the global investment community. Its offerings span data, analytics, and technology solutions designed for portfolio managers, analysts, and other financial professionals. The business is organized around serving buy-side and sell-side institutions as well as corporate clients.
Financial performance
Revenue increased compared to the prior year, and operating income also showed growth. Net income and operating cash flow both rose during the reported period.
Material risks
The filing identifies risks including potential disruptions from cybersecurity threats and the need to retain key personnel. Changes in the competitive landscape and the company's ability to maintain technological relevance are also cited as material risk factors. Unresolved staff comments from the SEC are noted as a compliance risk.
Liquidity and capital
The company discusses a share repurchase program within its liquidity and capital resources section. No other capital allocation themes are provided in the supplied context.
What to watch
Investors should monitor the company's ability to address unresolved SEC staff comments in the next filing.