FactSet Research Systems (FDS) Revenue — Quarter Ended Feb 28, 2023
Revenue for the quarter increased compared to both the prior quarter and the same period last year. The growth rate moderated relative to the preceding quarter but remained strong on an annual basis.
Key takeaway
Quarter ended Feb 28, 2023 · FY2023 Q2
Revenue for the quarter increased compared to both the prior quarter and the same period last year. The growth rate moderated relative to the preceding quarter but remained strong on an annual basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$515.1M
Revenue reported for this quarter.
Quarter-over-quarter
+2.0%
Change from the immediately preceding quarter.
Year-over-year
+19.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| May 31, 2022 | $488.8M | +22.3% |
| Aug 31, 2022 | $499.3M | +21.2% |
| Nov 30, 2022 | $504.8M | +18.9% |
| Feb 28, 2023 | $515.1M | +19.5% |
Revenue performance
The reported revenue rose from the previous quarter, continuing the upward trend observed over recent periods. Year-over-year growth was also positive, reflecting sustained demand.
Quarterly comparison
When compared with the immediately preceding quarter, revenue increased at a slower sequential pace. However, the year-over-year comparison showed a higher growth rate than the preceding quarter's annual comparison.
What to watch
Monitor whether the sequential revenue growth continues to decelerate in upcoming quarters.