---
schema_version: "secwatch.filing_event.v1"
accession: "0001013237-23-000193"
form_type: "8-K"
ticker: "FDS"
cik: "0001013237"
company_name: "FACTSET RESEARCH SYSTEMS INC"
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:17:47.062944+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FactSet Q1 revenue $542M (+7.4%); cuts FY ASV growth guidance to $110-150M

## Summary
- GAAP revenue $542.2M, up 7.4% YoY; organic revenue +7.2%; GAAP diluted EPS $3.84 (+9.1% YoY).
- Adjusted diluted EPS $4.12 (+3.3% YoY); adjusted operating margin 37.6% vs 38.3% a year ago.
- Organic ASV+professional services $2,185M (+7.1% YoY); FY2024 ASV growth guidance lowered to $110-150M from $130-175M.
- Launched FactSet Mercury AI workflow tool for junior bankers; published AI Blueprint.
- Quarterly dividend of $0.98/share payable Dec 21; repurchased $59.9M of stock in Q1.

## SEC filing metadata
- accession: 0001013237-23-000193
- form_type: 8-K
- ticker: FDS
- cik: 0001013237
- company_name: FACTSET RESEARCH SYSTEMS INC
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013237/000101323723000193/0001013237-23-000193-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013237/000101323723000193/fds-20231214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013237-23-000193
- JSON: https://secwatch.observer/filing/0001013237-23-000193.json
- Plain text: https://secwatch.observer/filing/0001013237-23-000193.txt

## Key facts
- Earnings Releases
  FACTSET RESEARCH SYSTEMS INC updated its first fiscal 2024 quarter ended November 30, 2023 guidance (lowered).
  - Period: first fiscal 2024 quarter ended November 30, 2023
  - Guidance: lowered
  - Result: reported results
  source text: On December 19, 2023, FactSet Research Systems Inc. ("FactSet" or the "Company") issued a press release announcing its results for the three months ended November 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013237/000101323723000193/0001013237-23-000193-index.htm
- Shareholder Votes
  FACTSET RESEARCH SYSTEMS INC shareholders approved Recommend the frequency of executive compensation voting at the 2023-12-14 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-12-14
  source text: Proposal 4 : To recommend, by non-binding vote, the frequency of executive compensation voting. 1 Year 31,260,677 2 Years 92,259 3 Years 252,482 Abstained 26,553 Broker Non-Votes 2,324,028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013237/000101323723000193/0001013237-23-000193-index.htm
- Shareholder Votes
  FACTSET RESEARCH SYSTEMS INC shareholders approved Ratify the appointment of Ernst & Young LLP as FactSet's independent registered public accounting firm for fiscal year ending August 31, 2024 at the 2023-12-14 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-12-14
  source text: Proposal 2 : To ratify the appointment of the accounting firm of Ernst & Young LLP as FactSet's independent registered public accounting firm for the fiscal year ending August 31, 2024. For 33,791,543 Against 152,347 Abstain 12,109
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013237/000101323723000193/0001013237-23-000193-index.htm
- Shareholder Votes
  FACTSET RESEARCH SYSTEMS INC shareholders approved Election of four members to FactSet's Board of Directors at the 2023-12-14 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-12-14
  source text: Proposal 1 : To elect four members to FactSet's Board of Directors. Nominee For Against Abstain Broker Non-Votes Robin A. Abrams 29,785,563 1,816,285 30,123 2,324,028 Malcolm Frank 30,941,741 661,426 28,804 2,324,028 Laurie Siegel 31,125,537 478,054 28,380 2,324,028 Elisha Wiesel 31,498,969 104,941 28,061 2,324,028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013237/000101323723000193/0001013237-23-000193-index.htm
- Shareholder Votes
  FACTSET RESEARCH SYSTEMS INC shareholders approved Approve, on a non-binding advisory basis, the fiscal 2023 compensation of the Company's named executive officers at the 2023-12-14 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-12-14
  source text: Proposal 3 : To approve, on a non-binding advisory basis, the fiscal 2023 compensation of the Company's named executive officers. For 30,507,348 Against 1,090,750 Abstain 33,873 Broker Non-Votes 2,324,028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013237/000101323723000193/0001013237-23-000193-index.htm

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