---
schema_version: "secwatch.filing_event.v1"
accession: "0001013237-23-000034"
form_type: "8-K"
ticker: "FDS"
cik: "0001013237"
company_name: "FACTSET RESEARCH SYSTEMS INC"
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T17:28:25.218530+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FactSet Q2 fiscal 2023 revenue $515.1M (+19.5% YoY), adj. EPS $3.80 (+16.2%)

## Summary
- GAAP revenue $515.1M (+19.5% YoY), organic revenue +8.9% to $469.5M; GAAP EPS $3.38 (+19.0%).
- Adjusted operating margin 37.0% (+330 bps YoY); adjusted EBITDA $199.7M (+35.8%).
- Organic ASV plus professional services up 9.1% to $1.9B; buy-side 8.1%, sell-side 15.8% growth.
- Updated FY2023 guidance: organic ASV growth $145M-$175M (incl. CGS), adj. op. margin 34%-35%, adj. diluted EPS growth 8%-11%.
- Made $125M debt prepayment in Q2; total $500M term loan prepayments; share repurchases suspended until 2H FY2023; quarterly dividend $0.89/share.

## SEC filing metadata
- accession: 0001013237-23-000034
- form_type: 8-K
- ticker: FDS
- cik: 0001013237
- company_name: FACTSET RESEARCH SYSTEMS INC
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013237/000101323723000034/0001013237-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013237/000101323723000034/fds-20230323.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013237-23-000034
- JSON: https://secwatch.observer/filing/0001013237-23-000034.json
- Plain text: https://secwatch.observer/filing/0001013237-23-000034.txt

## Key facts
- Earnings Releases
  FACTSET RESEARCH SYSTEMS INC reported second quarter ended February 28, 2023 results: revenue $515.1 million, net income $ 131,593, EPS $3.38.
  - Period: second quarter ended February 28, 2023
  - Revenue: $515.1 million
  - Net income: $ 131,593
  - EPS: $3.38
  - Result: reported results
  source text: FactSet Reports Results for Second Quarter 2023 ◦ Q2 GAAP revenues of $515.1 million, up 19.5% from Q2 2022 ◦ Organic Q2 ASV plus professional services of $1.9 billion, up 9.1% year over year ◦ Q2 GAAP operating margin of 32.9%, up 430 bps year over year, and adjusted operating margin of 37.0%, up 330 bps over the prior year ◦ Q2 GAAP diluted EPS of $3.38, up 19.0% from the prior year, and adjusted diluted EPS of $3.80, up 16.2% year over year ◦ FactSet is updating fiscal 2023 guidance, with expected ASV + professional services growth of 7% - 9%, adjusted operating margin of 34%-35% and adjusted diluted EPS growth of 8% - 11%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013237/000101323723000034/0001013237-23-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.