FactSet Research Systems Inc. hosted an Investor Day on November 10, 2026, in New York City and via livestream. The event featured presentations from Chief Executive Officer Sanoke Viswanathan, Chief AI Officer Kate Stepp, Chief Technology Officer Bob Stolte, Chief Revenue Officer Goran Skoko, and Chief Financial Officer Josh Warren.
The company outlined a medium-term financial outlook through fiscal year 2029, supported by a specific financial algorithm. FactSet projects an organic revenue compound annual growth rate of approximately 6% and an adjusted operating margin of at least 36% by FY29. The company also targets an adjusted diluted EPS compound annual growth rate of approximately 10% and a free cash flow conversion of more than 90% of adjusted net income on average.
In addition to the medium-term goals, FactSet reaffirmed its fiscal 2027 outlook. The company projects organic annual subscription value (ASV) growth of 5.0% to 6.5% and revenues between $2.600 billion and $2.625 billion. For fiscal 2027, FactSet expects a GAAP operating margin of 31.0% to 32.0% and an adjusted operating margin of 34.75% to 35.25%. Regarding earnings, the company forecasts GAAP diluted EPS of $17.00 to $17.50 and adjusted diluted EPS of $19.25 to $19.65.
FactSet noted that its fiscal 2027 adjusted operating margin and adjusted diluted EPS guidance exclude $85 million to $97 million, or $2.15 to $2.25 per diluted share, of amortization of intangible assets and other discrete items.
