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Side-by-side financial comparison of FactSet (FDS) and Envista Holdings Corp (NVST). Click either name above to swap in a different company.

Envista Holdings Corp is the larger business by last-quarter revenue ($750.6M vs $607.6M, roughly 1.2× FactSet). FactSet runs the higher net margin — 25.1% vs 4.4%, a 20.7% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (15.0% vs 6.9%). Envista Holdings Corp produced more free cash flow last quarter ($91.7M vs $90.4M). Over the past eight quarters, Envista Holdings Corp's revenue compounded faster (9.7% CAGR vs 5.5%).

FactSet Research Systems Inc., trading as FactSet, is an American financial data and software company headquartered in Norwalk, Connecticut, United States. The company provides integrated data and software. For fiscal year 2024, FactSet's total ASV and professional services revenues were $2.2 billion. FactSet's total market value is approximately $17 billion.

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

FDS vs NVST — Head-to-Head

Bigger by revenue
NVST
NVST
1.2× larger
NVST
$750.6M
$607.6M
FDS
Growing faster (revenue YoY)
NVST
NVST
+8.1% gap
NVST
15.0%
6.9%
FDS
Higher net margin
FDS
FDS
20.7% more per $
FDS
25.1%
4.4%
NVST
More free cash flow
NVST
NVST
$1.3M more FCF
NVST
$91.7M
$90.4M
FDS
Faster 2-yr revenue CAGR
NVST
NVST
Annualised
NVST
9.7%
5.5%
FDS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FDS
FDS
NVST
NVST
Revenue
$607.6M
$750.6M
Net Profit
$152.6M
$32.9M
Gross Margin
52.6%
54.7%
Operating Margin
31.6%
9.8%
Net Margin
25.1%
4.4%
Revenue YoY
6.9%
15.0%
Net Profit YoY
1.7%
2641.7%
EPS (diluted)
$4.06
$0.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FDS
FDS
NVST
NVST
Q4 25
$607.6M
$750.6M
Q3 25
$596.9M
$669.9M
Q2 25
$585.5M
$682.1M
Q1 25
$570.7M
$616.9M
Q4 24
$568.7M
$652.9M
Q3 24
$562.2M
$601.0M
Q2 24
$552.7M
$633.1M
Q1 24
$545.9M
$623.6M
Net Profit
FDS
FDS
NVST
NVST
Q4 25
$152.6M
$32.9M
Q3 25
$153.6M
$-30.3M
Q2 25
$148.5M
$26.4M
Q1 25
$144.9M
$18.0M
Q4 24
$150.0M
$1.2M
Q3 24
$89.5M
$8.2M
Q2 24
$158.1M
$-1.2B
Q1 24
$140.9M
$23.6M
Gross Margin
FDS
FDS
NVST
NVST
Q4 25
52.6%
54.7%
Q3 25
51.6%
55.3%
Q2 25
52.1%
54.2%
Q1 25
52.8%
54.5%
Q4 24
54.5%
57.1%
Q3 24
54.1%
52.8%
Q2 24
55.3%
51.6%
Q1 24
53.3%
57.1%
Operating Margin
FDS
FDS
NVST
NVST
Q4 25
31.6%
9.8%
Q3 25
29.7%
8.6%
Q2 25
33.2%
6.8%
Q1 25
32.5%
6.3%
Q4 24
33.6%
7.1%
Q3 24
22.7%
3.5%
Q2 24
36.6%
-182.2%
Q1 24
33.3%
7.7%
Net Margin
FDS
FDS
NVST
NVST
Q4 25
25.1%
4.4%
Q3 25
25.7%
-4.5%
Q2 25
25.4%
3.9%
Q1 25
25.4%
2.9%
Q4 24
26.4%
0.2%
Q3 24
15.9%
1.4%
Q2 24
28.6%
-181.9%
Q1 24
25.8%
3.8%
EPS (diluted)
FDS
FDS
NVST
NVST
Q4 25
$4.06
$0.20
Q3 25
$4.03
$-0.18
Q2 25
$3.87
$0.16
Q1 25
$3.76
$0.10
Q4 24
$3.89
$0.00
Q3 24
$2.33
$0.05
Q2 24
$4.09
$-6.69
Q1 24
$3.65
$0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FDS
FDS
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$292.7M
$1.2B
Total DebtLower is stronger
$1.4B
$1.4B
Stockholders' EquityBook value
$2.2B
$3.1B
Total Assets
$4.2B
$5.7B
Debt / EquityLower = less leverage
0.63×
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FDS
FDS
NVST
NVST
Q4 25
$292.7M
$1.2B
Q3 25
$355.1M
$1.1B
Q2 25
$364.0M
$1.1B
Q1 25
$287.0M
$1.1B
Q4 24
$358.8M
$1.1B
Q3 24
$492.6M
$991.3M
Q2 24
$522.0M
$1.0B
Q1 24
$450.2M
$948.5M
Total Debt
FDS
FDS
NVST
NVST
Q4 25
$1.4B
$1.4B
Q3 25
$1.4B
$1.4B
Q2 25
$1.4B
$1.4B
Q1 25
$1.5B
$1.4B
Q4 24
$1.4B
$1.4B
Q3 24
$1.4B
$1.4B
Q2 24
$1.4B
$1.5B
Q1 24
$1.5B
$1.5B
Stockholders' Equity
FDS
FDS
NVST
NVST
Q4 25
$2.2B
$3.1B
Q3 25
$2.2B
$3.1B
Q2 25
$2.2B
$3.1B
Q1 25
$2.1B
$3.0B
Q4 24
$2.0B
$2.9B
Q3 24
$1.9B
$3.1B
Q2 24
$1.9B
$3.0B
Q1 24
$1.8B
$4.1B
Total Assets
FDS
FDS
NVST
NVST
Q4 25
$4.2B
$5.7B
Q3 25
$4.3B
$5.6B
Q2 25
$4.3B
$5.7B
Q1 25
$4.2B
$5.5B
Q4 24
$4.0B
$5.4B
Q3 24
$4.1B
$5.5B
Q2 24
$4.0B
$5.4B
Q1 24
$4.0B
$6.6B
Debt / Equity
FDS
FDS
NVST
NVST
Q4 25
0.63×
0.47×
Q3 25
0.63×
0.47×
Q2 25
0.66×
0.46×
Q1 25
0.72×
0.47×
Q4 24
0.68×
0.48×
Q3 24
0.71×
0.46×
Q2 24
0.76×
0.51×
Q1 24
0.83×
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FDS
FDS
NVST
NVST
Operating Cash FlowLast quarter
$121.3M
$108.0M
Free Cash FlowOCF − Capex
$90.4M
$91.7M
FCF MarginFCF / Revenue
14.9%
12.2%
Capex IntensityCapex / Revenue
5.1%
2.2%
Cash ConversionOCF / Net Profit
0.79×
3.28×
TTM Free Cash FlowTrailing 4 quarters
$647.4M
$230.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FDS
FDS
NVST
NVST
Q4 25
$121.3M
$108.0M
Q3 25
$212.1M
$78.7M
Q2 25
$253.8M
$88.7M
Q1 25
$174.0M
$300.0K
Q4 24
$86.4M
$132.4M
Q3 24
$163.2M
$70.7M
Q2 24
$238.2M
$93.1M
Q1 24
$143.8M
$40.3M
Free Cash Flow
FDS
FDS
NVST
NVST
Q4 25
$90.4M
$91.7M
Q3 25
$178.1M
$67.9M
Q2 25
$228.6M
$76.4M
Q1 25
$150.2M
$-5.6M
Q4 24
$60.5M
$123.8M
Q3 24
$137.2M
$63.3M
Q2 24
$216.9M
$86.3M
Q1 24
$121.9M
$29.3M
FCF Margin
FDS
FDS
NVST
NVST
Q4 25
14.9%
12.2%
Q3 25
29.8%
10.1%
Q2 25
39.0%
11.2%
Q1 25
26.3%
-0.9%
Q4 24
10.6%
19.0%
Q3 24
24.4%
10.5%
Q2 24
39.2%
13.6%
Q1 24
22.3%
4.7%
Capex Intensity
FDS
FDS
NVST
NVST
Q4 25
5.1%
2.2%
Q3 25
5.7%
1.6%
Q2 25
4.3%
1.8%
Q1 25
4.2%
1.0%
Q4 24
4.5%
1.3%
Q3 24
4.6%
1.2%
Q2 24
3.9%
1.1%
Q1 24
4.0%
1.8%
Cash Conversion
FDS
FDS
NVST
NVST
Q4 25
0.79×
3.28×
Q3 25
1.38×
Q2 25
1.71×
3.36×
Q1 25
1.20×
0.02×
Q4 24
0.58×
110.33×
Q3 24
1.82×
8.62×
Q2 24
1.51×
Q1 24
1.02×
1.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FDS
FDS

Americas Segment$399.7M66%
EMEA Segment$149.1M25%
Asia Pacific Segment$62.2M10%

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

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