Dec. 18 at 4:00 PM
📉
$FDS drops despite a beat 📉
FactSet crushed Q1 FY26 estimates, EPS
$4.51 vs
$4.39, revenue
$607.6M vs , yet the stock slid ~6%. Why? Margins.
⚠️ Operating margins compressed ~200 bps as costs climbed (comp, tech, content, amortization). Growth is still there, but investors didn’t like the slowing ASV momentum.
💰 Bright spot: free cash flow jumped ~50% YoY.
📊 FactSet also reaffirmed FY26 guidance, but the market wants cleaner margin expansion.
📉
$FDS is now down ~42% YTD, trading near
$278 — well below the Street’s ~
$334 avg target.
Bottom line: solid execution, but cost pressure + growth skepticism are keeping sellers in control… for now.
