FactSet said revenues for Q2 of fiscal 2025 were $570.7 million, an increase of 4.5% from the comparable prior year period. The company said this growth was driven by a 4.0% increase in organic revenues and a 0.7% increase from acquisition-related revenues, partially offset by a net decrease of 0.2% from foreign currency exchange rate fluctuations.

1. 01

   FactSet said revenues for Q2 of fiscal 2025 were $570.7 million, an increase of 4.5% from the comparable prior year period. The company said this growth was driven by a 4.0% increase in organic revenues and a 0.7% increase from acquisition-related revenues, partially offset by a net decrease of 0.2% from foreign currency exchange rate fluctuations.

2. 02

   FactSet said operating income for the 3 months ended February 28, 2025 was $185.5 million, an increase of 2.0%, but operating margin declined to 32.5% from 33.3% in the prior year period. The company cited higher professional fees and computer-related expenses as factors in the operating margin decline.

3. 03

   FactSet said it completed the acquisition of LiquidityBook on February 7, 2025 for a purchase price of $243.8 million, net of cash acquired, including contingent consideration of $11.9 million. During the 6 months ended 2022, the company borrowed $305.0 million under the Revolving Facility and repaid $75.0 million, with an ending balance of $480.0 million.

4. 04

   FactSet said it returned $192.0 million to shareholders through share repurchases and dividends during the 6 months ended February 28, 2025. The company repurchased 241,189 shares for $113.1 million and paid dividends of $78.8 million during the period, with an authorized remaining balance of $186.9 million as of the measurement date.

Key figures

Quarter ended February 28, 2025

Revenue

$571M

Operating income

$185M

Net income

$145M

EPS

$3.76

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.