FactSet Alternatives 2026: 4 Options Compared
Find the right financial data & terminals solution for your team
FactSet costs $333 to $2.5K per user/year as of May 2026. Pricing depends on your chosen tier, 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
Top FactSet alternatives as of May 2026 include Bloomberg Terminal, S&P Capital IQ Pro, Refinitiv Eikon. FactSet costs $333-$2500/user/year. Pricing verified from 12 sources by CostBench.
Top FactSet Alternatives
Bloomberg Terminal
Medium EffortBetter for trading and breaking news, but 50-100% higher cost and inflexible all-in-one pricing
S&P Capital IQ Pro
Medium EffortAlternative to FactSet in the same category
Refinitiv Eikon
Medium EffortAlternative to FactSet in the same category
Dealogic
Medium EffortAlternative to FactSet in the same category
When to Stay with FactSet
Best for institutional investment teams that need a customizable financial data platform and are willing to build out a tailored module stack for specific workflows like portfolio management, risk, and multi-asset reporting.
- 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 | $333-$2.5K/user/year | - |
| Bloomberg Terminal | $2360–$2665/user/year | Medium |
| S&P Capital IQ Pro | $1000–$2083/user/year | medium |
| Refinitiv Eikon | $300–$1830/user/year | medium |
| Dealogic | $2500–$8333/year | medium |
Detailed Comparisons
Frequently Asked Questions
01 What are the best FactSet alternatives?
The top FactSet alternatives include Bloomberg Terminal, S&P Capital IQ Pro, Refinitiv Eikon, Dealogic. Each offers different strengths: Bloomberg Terminal is sell-side traders and analysts needing real-time news and ib chat network, while S&P Capital IQ Pro is analysts needing fundamental company data and basic screening.
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 $1000/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?
Best for institutional investment teams that need a customizable financial data platform and are willing to build out a tailored module stack for specific workflows like portfolio management, risk, and multi-asset reporting. However, if your needs have evolved or you're not using FactSet's advanced features, exploring alternatives could save you money and complexity.