FactSet Research Systems (FDS) Revenue — Quarter Ended May 31, 2024
Revenue increased in the current quarter. The growth rate slowed compared to the prior quarter and the same quarter last year.
Key takeaway
Quarter ended May 31, 2024 · FY2024 Q3
Revenue increased in the current quarter. The growth rate slowed compared to the prior quarter and the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$552.7M
Revenue reported for this quarter.
Quarter-over-quarter
+1.2%
Change from the immediately preceding quarter.
Year-over-year
+4.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.2B
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, 2023 | $535.8M | +7.3% |
| Nov 30, 2023 | $542.2M | +7.4% |
| Feb 29, 2024 | $545.9M | +6.0% |
| May 31, 2024 | $552.7M | +4.3% |
Revenue performance
Revenue rose from the immediately preceding quarter. The year-over-year comparison also showed an increase, though the pace of growth moderated.
Quarterly comparison
Compared with the prior quarter, revenue was higher. Relative to the same quarter one year earlier, revenue also increased, but the rate of expansion was lower than in recent quarters.
What to watch
The deceleration in year-over-year revenue growth may warrant attention in upcoming quarters.