FactSet margin compresses 650bp on restructuring, CEO costs; material weakness extends into FY26

Filed July 1, 2026 · Period ending May 31, 2026 · Compared to 10-Q Jul 3, 2025 · ~1 min read

Key Changes

• high

  Operating margin fell to 26.7% from 33.2% (-650 bp) as $19.6M restructuring charges and $15.0M in new CEO equity costs offset 6.4% revenue growth.

  MD&A: Operating Results verify on EDGAR →
• high

  Material weakness in IT general controls persists beyond original FY2025 remediation target; company now targets FY2026 completion and has engaged third-party advisors and hired additional compliance personnel.

  Controls and Procedures verify on EDGAR →
• high

  Board expanded buyback authorization by $600M (no expiration) and company repurchased $506M of stock in nine months vs. $194M prior year, with $494M remaining available.

  MD&A: Capital Allocation verify on EDGAR →