FactSet jumps as Q2 FY2026 beat and higher full-year outlook lift shares
FactSet shares rose after the company posted fiscal Q2 2026 results that beat expectations and increased full-year guidance. The quarter delivered $611.0 million in revenue and $4.46 adjusted EPS, and FactSet lifted FY2026 adjusted EPS guidance to $17.25–$17.75 and revenue to $2.45–$2.47 billion.
1) What’s driving the move
FactSet (FDS) is moving higher after reporting fiscal second-quarter 2026 results (quarter ended February 28, 2026) that topped Wall Street expectations and came with a higher full-year outlook. The company reported revenue of $611.0 million and adjusted diluted EPS of $4.46, and management raised FY2026 guidance ranges for both earnings and revenue.
2) Key numbers investors are reacting to
For fiscal Q2 2026, FactSet posted revenue of $611.0 million (up 7.1% year over year) and adjusted diluted EPS of $4.46. For the full fiscal year 2026, FactSet now expects adjusted EPS of $17.25 to $17.75 and revenue of $2.45 billion to $2.47 billion, signaling improved confidence in demand and execution versus the prior outlook.
3) What to watch next
Investors will likely focus on whether subscription growth remains strong as FactSet continues investing in new products and platform capabilities, including AI-related initiatives, while protecting margins. The next major catalyst will be the next earnings report and any additional updates to subscription-value growth and profitability targets.