FactSet reaffirms FY2025 guidance, unveils medium-term outlook through 2028 with margin expansion

FACTSET RESEARCH SYSTEMS INC

Reaffirms FY2025 guidance: Organic ASV $90M-$140M, GAAP rev $2,285M-$2,305M, GAAP op margin 32.5%-33.5%, adjusted EPS $16.80-$17.40.
New medium-term outlook: Organic ASV growth mid-to-high single digits annually through FY2028; adjusted op margin 37%-38% by FY2028.
Adjusted diluted EPS growth high single digits to low double digits annually through FY2028.
Serves 95 of top 100 asset managers, ~75% of top 50 investment banks, 100K+ advisor desktops; TAM $40B+.

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