Price checkPer seat
FactSet Workstation Basic$333/user/moFactSet Workstation Standard$1000/user/moFactSet Workstation Premium$2500/user/mo
See all 4 plans
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FactSet costs $333 to $2.5K per user/year as of May 2026, with 4 plans available. Plans: FactSet Workstation Basic at $333/user/year, FactSet Workstation Standard at $1000/user/year, and FactSet Workstation Premium at $2500/user/year. Enterprise pricing is available on request. The median contract is $25,160/year based on 4 verified purchases.

Use the interactive pricing calculator to estimate your exact cost based on team size and requirements.

  • Free tier: No free tier available

FactSet offers 4 pricing tiers: FactSet Workstation Basic, FactSet Workstation Standard, FactSet Workstation Premium, FactSet Enterprise/API. Paid plans include FactSet Workstation Basic at $333/user/year, FactSet Workstation Standard at $1000/user/year, FactSet Workstation Premium at $2500/user/year. The FactSet Workstation Standard plan is buy-side analysts and portfolio managers.

Compared to other financial data & terminals software, FactSet is positioned at the premium price point.

  • Median contract: $25,160/yr from 4 purchases
    • 0
  • 2 documented hidden costs beyond list price
Last verified: | Sources: 12 pricing pages and reviews

How much does FactSet cost?

FactSet pricing starts at $333/user/year across 4 plans, with enterprise pricing available on request. Plans include FactSet Workstation Basic at $3996/user/year, FactSet Workstation Standard at $12000/user/year, FactSet Workstation Premium at $30000/user/year, FactSet Enterprise/API (custom pricing).

FactSet Pricing Overview

FactSet has 4 pricing plans ranging from $333 to $2,500/user/year. The FactSet Workstation Basic plan costs $3,996/user/year, best for individual analysts needing basic financial data. The FactSet Workstation Standard plan costs $12,000/user/year, best for buy-side analysts and portfolio managers. The FactSet Workstation Premium plan costs $30,000/user/year, best for equity research teams and hedge funds. The FactSet Enterprise/API plan requires contacting sales for a custom quote and is designed for large institutions and quant funds needing programmatic access.

The median FactSet customer pays $25,160/year based on 4 verified purchases.

There are at least 2 documented hidden costs beyond FactSet's list price, including implementation, training, and add-on fees.

This pricing was last verified in April 21, 2026 from 12 independent sources.

See FactSet Plans

FactSet pricing ranges from $4,000 to $50,000+ per user per year as of March 2026. FactSet uses modular, a la carte pricing — the Basic workstation starts around $4,000/year, the Standard workstation around $12,000/year, and Premium workstations with full analytics suites reach $24,000-$50,000+/year. Enterprise API access is custom-quoted. This pricing is verified from 12 independent sources by Costbench, the software pricing database tracking 1,000+ products.

Base workstation starts at $4,000-$12,000/user/year, with fully-loaded configurations reaching $30,000-$50,000/user/year. This makes FactSet 30-50% cheaper than Bloomberg for many use cases.

FactSet excels in buy-side analytics, quant research, and API/data feed access. Its 95%+ client retention reflects strong fit for asset managers who value Excel integration, estimates, and programmatic access over Bloomberg's real-time trading focus.

How FactSet Pricing Compares

Compare FactSet pricing against top alternatives in Financial Data & Terminals.

Bloomberg Terminal $28,000-$32,000/user/year Compare → S&P Capital IQ Pro $12000-$30000/user/mo Compare → Refinitiv Eikon $3600-$24000/user/mo Compare →

All FactSet Plans & Pricing

Plan Monthly Annual Best For
FactSet Workstation Basic $333 /user/year $333.33 /user/year Individual analysts needing basic financial data
FactSet Workstation Standard $1000 /user/year $1000 /user/year Buy-side analysts and portfolio managers
FactSet Workstation Premium $2500 /user/year $2500 /user/year Equity research teams and hedge funds
FactSet Enterprise/API Contact Sales Contact Sales Large institutions and quant funds needing programmatic access
View all features by plan

FactSet Workstation Basic

  • Core workstation access
  • Company fundamentals and financials
  • Basic screening and charting
  • Market news and quotes
  • Web and mobile access
  • Email support

FactSet Workstation Standard

  • All Basic features
  • FactSet Estimates consensus data
  • Portfolio analytics
  • Excel Add-in integration
  • Enhanced company financials
  • Real-time quotes (select exchanges)
  • 24/7 phone support

FactSet Workstation Premium

  • All Standard features
  • StreetAccount real-time news
  • Broker-level estimates detail
  • Fixed income analytics
  • Risk analytics (Portfolio Analysis)
  • Full Excel Add-in suite
  • Dedicated account manager

FactSet Enterprise/API

  • All Premium features
  • FactSet Data Feeds (batch delivery)
  • Full API access (REST/SDK)
  • Custom data integration
  • SPAR performance attribution
  • Axioma risk models integration
  • Dedicated technical support team
See FactSet Plans

Compare FactSet vs Alternatives

Before committing to FactSet, compare pricing with these 3 alternatives in the same category.

VSBloomberg Terminal
From $28,000/user/year

Sell-side traders and analysts needing real-time news and IB Chat network

Full comparison
VSS&P Capital IQ Pro
From $12000/user/mo

Analysts needing fundamental company data and basic screening

Full comparison
VSRefinitiv Eikon
From $3600/user/mo

Students, academics, and light research users

Full comparison

All FactSet alternatives & migration guides

What Companies Actually Pay for FactSet

The median FactSet buyer pays $25,160/year based on 4 verified purchase transactions.

What companies actually pay $25,160/yr Median across 4 purchases
0
Review scores
TrustRadius 4.3/10 (6)
Source: Vendr buyer database — median calculated from 4 real purchase transactions. Savings figure reflects negotiated discounts reported by buyers.

FactSet Year 1 Total Cost by Company Size

Real deployment costs including licenses, implementation, training, and admin — not just the sticker price.

Individual Buy-Side Analyst $18,000 Year 1 total
Standard
Estimates
exchange feeds
Total $18,000

Portfolio analyst needing company data, estimates, and Excel integration

Equity Research Team (5 Users) $100,000 Year 1 total
$20,000-$30,000/user with volume discount
Total $100,000

Research team with shared data needs and screening requirements

Enterprise (50+ Users) $750,000 Year 1 total
Enterprise pricing
full feeds
API
Total $750,000

Large asset manager with quant strategies and API needs

Small Analyst Team — Basic (5 users) $19,980 Year 1 total
$333/user/month × 5 users × 12 months, before enterprise global license and add-ons
Total $19,980

5 research analysts on FactSet Workstation Basic for fundamental data and screening. Does not include add-on modules for portfolio management or risk.

Mid-Size Investment Firm — Standard (10 users) $120,000 Year 1 total
$1,000/user/month × 10 users × 12 months, before enterprise global license and add-ons
Total $120,000

10 portfolio managers and analysts on FactSet Workstation Standard. Add-on modules for portfolio management, risk, and reporting will increase total cost significantly beyond the base figure.

How FactSet Pricing Compares

Software Starting Price Top Price
FactSet $333/user/year $2500/user/year
AlphaSense $10000/user/year $100000/user/year
Bloomberg Terminal $2360/user/year $2665/user/year
CB Insights $2483/year $8333/year
Cyndx Custom Custom
Dealogic $2500/year $8333/year

Detailed pricing comparisons:

Browse all Financial Data & Terminals pricing →

2 FactSet Hidden Costs Beyond the List Price

Beyond the listed price, FactSet has at least 2 documented hidden costs that can significantly increase total cost of ownership.

Watch for 2 hidden costs
  • Enterprise License and Per-User Fees Similar total cost to Bloomberg Terminal
    high 1 source
    Reddit "FactSet charges a global license at the enterprise level, and then a per user license fee on top of it. They also charge for literally everything else."
  • Portfolio, Risk, and Reporting Add-On Modules 20-50% of license costs
    critical 1 source
    Reddit "They also charge for literally everything else. After all the add-ons you need to run portfolios, risk and reporting it actually ends up being similar pricing to bberg"
Tip

Ask your FactSet sales rep about these costs upfront. Getting them in writing before signing can save you from surprise charges later.

Full hidden costs breakdown →

Intelligence sourced from 3 independent sources
Reddit User discussions Vendr Verified buyer transactions TrustRadius Enterprise reviews
Key claims include inline source attribution. Data verified against multiple independent sources. 3 source citations total.

FactSet Pricing FAQ

01 How much does FactSet cost?

FactSet pricing ranges from $4,000 to $50,000+ per user per year depending on modules. Basic workstation starts around $4,000-$12,000/year. Fully-loaded with estimates, StreetAccount, and analytics costs $24,000-$36,000/year. Average contract is ~$45,000/year based on market data. Verified by Costbench from 12 independent sources, March 2026.

02 FactSet vs Bloomberg: How do they compare?

FactSet ($4,000-$50,000/user/year) offers modular pricing while Bloomberg ($28,000-$32,000/user/year) is all-inclusive. FactSet is typically 30-50% cheaper for equivalent functionality. Choose Bloomberg for trading and IB Chat; choose FactSet for buy-side analytics and API capabilities.

03 Does FactSet offer a free trial?

FactSet offers personalized demos and evaluation periods for qualified prospects, but no self-service trial. Students access free through university subscriptions at participating institutions.

04 How does FactSet's modular pricing work?

Unlike Bloomberg's all-in-one model, FactSet uses a la carte pricing. Start with base workstation ($4,000-$12,000) and add: Estimates ($5,000-$15,000), StreetAccount ($3,000-$8,000), exchange feeds, risk models, and API access. Pay only for what you need.

05 Is there student or academic pricing?

FactSet provides academic access through university subscriptions rather than individual pricing. 200+ universities have FactSet access. Students register with .edu email at FactSet's academic portal.

06 How much do FactSet APIs and data feeds cost?

Basic API access may be included in Premium tiers. Standalone API licensing typically costs $25,000-$75,000/year. Enterprise data feeds range $50,000-$200,000+/year depending on volume and redistribution rights.

07 Does FactSet work with Excel?

Yes, FactSet offers robust Excel integration through COM Add-in (Windows) and FactSet 365 (Mac, Windows, Web). Pull financials, estimates, and prices using =FDS formulas. Standard and Premium tiers include Excel access.

08 What FactSet modules are included vs. extra?

Base includes fundamentals, screening, news, market data. Add-ons: Estimates consensus, StreetAccount news, broker-level detail, exchange feeds, fixed income analytics, Portfolio Analysis, SPAR, and API access. Most need 2-4 add-ons.

09 What are FactSet contract terms?

Typically 1-year contracts with more flexibility than Bloomberg's 2-year minimum. Multi-year agreements unlock 10-20% discounts. 60-90 days cancellation notice required. Early termination penalties are often negotiable.

10 How to negotiate FactSet pricing?

Get competing quotes from Bloomberg, Refinitiv, Capital IQ. Commit to multi-year contracts for 10-20% off. Bundle modules. Time negotiations at fiscal year-end (August). Leverage expected user growth.

11 What is FactSet's cancellation policy?

Contracts require 60-90 days notice before renewal to cancel. Early termination penalties are negotiable (unlike Bloomberg's rigid 50%). More flexibility during economic downturns or major business changes.

12 Does FactSet offer volume discounts?

Yes. 5-10 users: 10-15% off. 10-25 users: 15-25% off. 25-50 users: 20-30% off. 50+ users: 25-40% off plus enterprise pricing. 100+ users often get 40-50% below list price.

13 How does the total cost of FactSet compare to Bloomberg Terminal?

According to a finance industry practitioner on Reddit, once all necessary add-on modules for portfolio management, risk, and reporting are included, FactSet's all-in cost becomes comparable to Bloomberg Terminal pricing — meaning the published workstation rates understate the true total cost for institutional users.

Is this pricing incorrect? — we'll verify and update it.