FactSet Research Systems (FDS) Revenue — Quarter Ended Aug 31, 2023
Revenue for the reported quarter rose compared to both the prior quarter and the same period a year earlier. The year-over-year increase was more pronounced than the sequential gain.
Key takeaway
Quarter ended Aug 31, 2023 · FY2023 Q4
Revenue for the reported quarter rose compared to both the prior quarter and the same period a year earlier. The year-over-year increase was more pronounced than the sequential gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$535.8M
Revenue reported for this quarter.
Quarter-over-quarter
+1.1%
Change from the immediately preceding quarter.
Year-over-year
+7.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.1B
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 |
|---|---|---|
| Nov 30, 2022 | $504.8M | +18.9% |
| Feb 28, 2023 | $515.1M | +19.5% |
| May 31, 2023 | $529.8M | +8.4% |
| Aug 31, 2023 | $535.8M | +7.3% |
Revenue performance
The company delivered its highest quarterly revenue in the recent four-quarter period, reflecting sustained demand.
Quarterly comparison
Sequentially, revenue increased modestly from the immediately preceding quarter. On a year-over-year basis, revenue grew at a faster rate.
What to watch
The sequential revenue gain was smaller than the prior quarter's increase, a trend that may merit attention.