What are the best FactSet alternatives for small teams in 2026?
For a team of 1 to 5, Koyfin, S&P Capital IQ Pro, LSEG Workspace and YCharts are the usual FactSet alternatives. FactSet does not publish prices; a 2026 comparison reports $12,000 to $40,000 per user a year (Multiples, August 2026), while Koyfin starts free. The right choice depends on which FactSet features you actually use.
Why do small teams look for a FactSet alternative?
Price and the lack of an entry plan. Small businesses write 45.7% of FactSet Workstation's reviews on G2, and G2's comparison notes that FactSet has no clear entry-level pricing, which may deter budget-conscious users (G2, 2026). Koyfin, which sells a competing product, estimates a FactSet seat at $19,500 to $25,000 a year (Koyfin, 2026). Our FactSet cost guide sets out the reported figures in full.
How did we choose these alternatives?
We ranked tools for a team of 1 to 5 people doing equity, credit or private company research. We weighed 4 things: a price reported in 2026 by a named source, coverage of the data a small team uses most (fundamentals, estimates, transcripts, screening), how easily it fits into Excel models, and what it cannot do that FactSet can. Where a source sells a competing product, we say so.
Which FactSet alternatives suit small teams?
1. Koyfin
Koyfin is a lower-cost research platform for listed company fundamentals, estimates, charts and screening.
- Reported price: a free tier, with paid plans from $39 a month (Multiples, August 2026); Koyfin pitches $299 a month per seat for small equity research teams (Koyfin, 2026).
- Best for: 2 to 5 person equity teams focused on screening, estimates and earnings analysis.
- Main gap: Koyfin itself says attribution analysis, municipal bond analytics and derivatives pricing need infrastructure that budget platforms have not built.
2. S&P Capital IQ Pro
Capital IQ is a full financial data platform with public and private company financials, transactions, credit data and a strong Excel plug-in.
- Reported price: about $13,000 to $30,000 per user a year (Multiples, August 2026).
- Best for: banking, corporate development and credit teams that need comps and transaction data.
- Main gap: priced close to FactSet, so the saving comes from negotiation rather than list price.
3. LSEG Workspace
LSEG Workspace, the successor to Refinitiv Eikon, covers market data, news, fundamentals and fixed income.
- Reported price: about $12,000 to $24,000 per user a year (Multiples, August 2026).
- Best for: multi-asset teams that want news and fixed income data at a lower price than a Terminal.
- Main gap: still an enterprise contract; little saving for a single user.
4. YCharts
YCharts is a research and charting platform aimed at financial advisers and wealth managers.
- Reported price: Professional tier at about $6,000 a year, with a 7-day free trial (Zoftwarehub, February 2026).
- Best for: wealth advisers who need fund and stock data, charts and client-ready reports.
- Main gap: built for advisers rather than deep fundamental or credit research.
5. Multiples
Multiples is a financial data platform focused on company financials and valuation multiples.
- Reported price: Pro from $239 a month on annual billing, published by the vendor (Multiples, August 2026).
- Best for: valuation work and comparable company analysis on a monthly budget.
- Main gap: the comparison is vendor-written; test coverage on your own universe.
6. Tamarly Intelligence
Tamarly Intelligence is Tamarly's research platform on companies, funds, countries and markets, built from official filings and open data.
- Published price: Free plan at $0; Level 2 at $145 a month; Level 3 at $399 a month; 7 days of Level 3 free, no card.
- Best for: small teams researching private companies, funds and sectors, with every figure linked to the filing or record it came from, and exports to PDF, Word and PowerPoint from the Hub.
- Main gap: no market prices, no consensus estimates and no Excel data feed, so it does not replace FactSet for listed equity models.
How do the FactSet alternatives compare?
| Tool | Reported or published price | Best for | Main gap | Source |
|---|---|---|---|---|
| FactSet | $12,000 to $40,000 per user a year, quote-based | Full workstation, estimates, Excel | No entry-level plan | Multiples |
| Koyfin | Free; paid from $39 a month | Small equity teams | Attribution, munis, derivatives | Multiples |
| S&P Capital IQ Pro | $13,000 to $30,000 per user a year | Comps, M&A, credit | Similar price | Multiples |
| LSEG Workspace | $12,000 to $24,000 per user a year | Multi-asset, news | Enterprise contract | Multiples |
| YCharts | About $6,000 a year, Professional | Wealth advisers | Depth for analysts | Zoftwarehub |
| Multiples | From $239 a month, published | Valuation multiples | Vendor-written comparison | Multiples |
| Tamarly Intelligence | $0 to $399 a month, published | Private companies, funds, sectors | No market prices or Excel feed | Tamarly |
Prices above are reported by third parties, several of which sell competing tools. Check current terms with each vendor.
Can a small team mix FactSet with a cheaper tool?
Yes, and it is often cheaper than a full switch. Koyfin's guide suggests keeping 1 or 2 FactSet seats for the work only FactSet does and moving the rest of the team to a cheaper platform, which it estimates at $30,264 to $35,764 a year for a 4-person team (Koyfin, 2026). That figure comes from a vendor, so build your own version from real quotes.
When should you keep FactSet?
Keep FactSet if your models depend on its Excel integration, consensus estimates, portfolio attribution or fixed income and derivatives analytics, and if the people using it would lose hours rebuilding those workflows elsewhere. A cheaper tool makes more sense when your team mainly screens, reads filings and tracks a defined list of companies. Our Bloomberg vs FactSet comparison and our Capital IQ cost guide cover the other enterprise options.
Where does Tamarly Intelligence fit?
Tamarly Intelligence covers 19,910 company pages, 2,888 funds, 15,359 fund managers from SEC filings, 93 commodities and 22 sectors, with a news Wall refreshed every 15 minutes and a Risk Atlas that scores 214 of 218 countries every week. It is built from free and open data only, such as SEC EDGAR, European ESEF filings, GLEIF and UK Companies House, and when Tamarly does not cover a company it says so. It offers workflows for 8 professions, including hedge funds, asset management and consulting. For a small team, it covers private company and fund research next to a cheaper listed-equity tool; it does not replace FactSet's data feed.
Research private companies, funds and sectors from their filings, free for 7 days
Frequently asked questions
How much does a FactSet seat cost?
FactSet does not publish prices. A 2026 comparison reports $12,000 to $40,000 per user a year depending on modules (Multiples, August 2026), and Koyfin estimates $19,500 to $25,000 per seat (Koyfin, 2026). Both sources sell competing tools.
Is Koyfin a real replacement for FactSet?
For screening, estimates and earnings analysis on listed companies, it covers the core work of a small team. Koyfin itself says attribution analysis, municipal bond analytics and derivatives pricing still need a platform like FactSet (Koyfin, 2026).
Which FactSet alternative covers private companies?
S&P Capital IQ Pro covers private company financials and transactions at an enterprise price. Tamarly Intelligence covers private companies, funds and sectors from public filings and registries, from $0 a month, without market prices or an Excel feed.
About the author. Melvine Manchau is the founder of Tamarly and author of the Tamarly Newsletter. He previously worked at PwC, Salesforce, BlackRock/eFront and Lazard.
About Tamarly Research. Tamarly Research is part of Tamarly Media, which holds no investment positions. Tamarly is a New York research house that studies how AI is changing regulated institutions.