FactSet Research Systems (FDS) Revenue — Quarter Ended May 31, 2023
Revenue increased in the current quarter. The growth rate, however, was lower than in the prior quarter.
Key takeaway
Quarter ended May 31, 2023 · FY2023 Q3
Revenue increased in the current quarter. The growth rate, however, was lower than in the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$529.8M
Revenue reported for this quarter.
Quarter-over-quarter
+2.9%
Change from the immediately preceding quarter.
Year-over-year
+8.4%
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 |
|---|---|---|
| Aug 31, 2022 | $499.3M | +21.2% |
| Nov 30, 2022 | $504.8M | +18.9% |
| Feb 28, 2023 | $515.1M | +19.5% |
| May 31, 2023 | $529.8M | +8.4% |
Revenue performance
The reported revenue rose compared to the immediately preceding quarter. It also increased compared to the same quarter one year earlier.
Quarterly comparison
Sequentially, revenue grew at a slower pace than the change seen in the prior quarter. On a year-over-year basis, the increase was also more modest than the preceding quarter's year-over-year change.
What to watch
The deceleration in both sequential and year-over-year growth rates may warrant attention in upcoming filings.