FactSet Alternatives 2026: 1 Options Compared
Find the right financial data & terminals solution for your team
FactSet pricing varies by team size and features, ranging from $4K to $50K per user/year in 2026. Your actual cost depends on the tier you choose, contract length, and negotiated discounts.
Use the interactive pricing calculator to estimate your exact cost based on team size and requirements.
- Free tier: No free tier available
- Billing: Monthly and annual (save 15-20%)
- Hidden costs: Add ~35% for implementation, support, and training
Top FactSet Alternatives
Bloomberg Terminal
Medium EffortBetter for trading and breaking news, but 50-100% higher cost and inflexible all-in-one pricing
When to Stay with FactSet
Stay with FactSet if you're buy-side focused on fundamental equity research, need superior Excel integration for financial modeling, require modular pricing to control costs (pay only for needed datasets), or value the best earnings estimates database and screening tools. The buy-side optimization and flexibility are unmatched.
- You've invested heavily in customizations and integrations
- Your team is highly trained and productive on FactSet
- You need features that alternatives don't offer
- Migration costs would exceed multi-year savings
Price Comparison
| Product | Price Range | Migration |
|---|---|---|
| Current FactSet | $4K-$50K/user/year | - |
| Bloomberg Terminal | $28,000-$32,000/user/year | Medium |
Detailed Comparisons
Frequently Asked Questions
01 What are the best FactSet alternatives?
The top FactSet alternatives include Bloomberg Terminal. Each offers different strengths: Bloomberg Terminal is sell-side traders and analysts needing real-time news and ib chat network.
02 Is it hard to switch from FactSet to an alternative?
Migration difficulty varies by alternative. Among FactSet alternatives, some options offer easy migration paths with import tools. More complex migrations may require data cleanup and workflow reconfiguration.
03 How much can I save by switching from FactSet?
Depending on the alternative you choose, you could save anywhere from 20% to 70% on per-user costs. FactSet's typical price of $24000/user/year is on the higher end of the market. Factor in migration costs and productivity dip during transition.
04 Should I stay with FactSet or switch?
Stay with FactSet if you're buy-side focused on fundamental equity research, need superior Excel integration for financial modeling, require modular pricing to control costs (pay only for needed datasets), or value the best earnings estimates database and screening tools. The buy-side optimization and flexibility are unmatched. However, if your needs have evolved or you're not using FactSet's advanced features, exploring alternatives could save you money and complexity.
Get a personalized FactSet alternatives analysis
We'll compare your options and recommend the best fit based on your team size, budget, and requirements.