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FactSet reports Q2 revenue growth and raises 2026 outlook amid AI-driven gains and share buybacks

Company Fundamentals
24 Apr 2026
Seeking Alpha
View Source
Bullish
pluang ai news

FactSet Research Systems posted a 7.1% year-over-year revenue increase to $611 million in Q2 2026, beating expectations. Adjusted earnings per share rose 4.2% to $4.46, leading the company to raise its full-year 2026 guidance. Growth is driven by AI-powered product launches and workflow integrations, while $300 million in share repurchases and a 2% dividend yield support shareholder returns. Despite trading at a 49% discount to fair value with potential for a 94% total return by 2027, risks include AI execution challenges and industry commoditization.

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