FACTSET RESEARCH SYSTEMS INC (FDS) Risk Factors
FinancialsLatest 10-K filed Oct 22, 2025Source: SEC EDGAR
WealthWire extracted and classified 29 risk factors from FACTSET RESEARCH SYSTEMS INC’s latest SEC filing, mapping each to a standardized risk taxonomy so they can be compared across every company and sector. The breakdown below shows how those disclosures distribute across risk categories.
Market & business
10 factorsTechnology
5 factorsLegal & regulatory
5 factorsFinancial
4 factorsESG & reputation
2 factorsOperations & people
2 factorsOther
1 factorsRecent key developments
Concrete developments — dated events, named agreements and instruments, legal proceedings — that FACTSET RESEARCH SYSTEMS INC surfaced in its latest filing.
- Acquisitions of Irwin, LiquidityBook and LogoIntern completed in fiscal 2025.2025
- Identified a material weakness in internal control over financial reporting related to IT general controls supporting revenues, accounts receivable, and deferred revenues processes.2024-08-31
- Remediation measures for the material weakness expected to be completed in fiscal 2026.2026
- Purported class action relating to the acquisition and operation of the CGS business (Dinosaur Financial Group LLC et al. v. S&P Global, Inc. et al).
- Commonwealth of Massachusetts Department of Revenue issued sales tax assessment and audit notices for tax periods from January 1, 2006 through December 31, 2023.2006-2023
- Agreement with the Commonwealth on November 26, 2024 fully resolved the Sales Tax Dispute, resulting in a total charge of approximately $66.2 million.2024-11-26
- Two data suppliers each represent more than 10% of total content costs for fiscal 2025.2025
- Multi-year project to enhance IT disaster recovery processes currently being implemented.
- EU Digital Operational Resilience Act (DORA) imposes operational resilience and cyber security standards on financial market clients and potential designation as a Critical Third Party Provider.
- Financial Data Transparency Act 2022 requires sponsoring agencies to adopt common identifiers for reporting financial products and transactions.2022
- U.S. imposed tariffs on many foreign products, including tariffs on imports from China.
- Ongoing military conflicts between Russia and Ukraine and in the Middle East.
- Key management transitions include a recent change in Chief Executive Officer.
- Approximately 39% of revenues in fiscal 2025 related to operations located outside the U.S.2025
- Approximately 80% of employees are located in offices outside the U.S., including India and the Philippines.
Go deeper on FDS
This page shows the category breakdown of the latest filing. The WealthWire API and dashboard add the full risk-factor text, multi-year trends, sector comparisons, and CSV export — for FDS and every other S&P 500 company.