Fair Isaac Corp. (FICO) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$11	$12.5	+13.9%	—	—	—
Q3 26	$7.08	$7.33	+3.5%	—	—	—
Q2 26	$7.36	$7.74	+5.2%	—	—	—
Q1 26	$7.7	$8.57	+11.3%	—	—	—
Q4 25	$7.44	$7.81	+5.0%	—	—	—
Q3 25	$6.08	$5.79	-4.8%	—	—	—
Q2 25	$6.39	$6.54	+2.3%	—	—	—
Q1 25	$6.32	$6.25	-1.1%	—	—	—
Q4 24	$5.81	$6.14	+5.7%	—	—	—
Q3 24	$5.06	$4.81	-4.9%	—	—	—
Q2 24	$5.21	$5.01	-3.8%	—	—	—
Q1 24	$5.25	$5.66	+7.8%	—	—	—
Q4 23	$5.04	$4.78	-5.2%	—	—	—
Q3 23	$4.18	$4.26	+1.9%	—	—	—
Q2 23	$4.12	$4.4	+6.8%	—	—	—
Q1 23	$3.98	$4.47	+12.3%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$26.9	—	—	$2B	—
FY24	—	$20.8	—	—	$1.7B	—
FY23	—	$17.2	—	—	$1.5B	—
FY22	—	$14.3	—	—	$1.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$881.4M	$935M	$1B	$1.2B	$1.3B	$1.3B	$1.4B	$1.5B	$1.7B	$2B
YoY change	+5.08%	+6.08%	+6.97%	+16%	+11.6%	+1.7%	+4.61%	+9.9%	+13.5%	+15.9%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	881.4M	935M	1B	1.2B	1.3B	1.3B	1.4B	1.5B	1.7B	2B
Cost of revenue	265.2M	287.6M	312.9M	336.8M	361.1M	332.5M	302.2M	311.1M	348.2M	353.7M
Gross profit	616.2M	647.4M	687.2M	823.2M	933.4M	984.1M	1.1B	1.2B	1.4B	1.6B
Gross margin	69.9%	69.2%	68.7%	71%	72.1%	74.7%	78.1%	79.4%	79.7%	82.2%
Research & development	103.7M	110.9M	128.4M	149.5M	166.5M	171.2M	146.8M	159.9M	171.9M	188.3M
Selling, general & administrative	328.9M	337.2M	376.9M	414.1M	420.9M	396.3M	383.9M	400.6M	462.8M	513M
Operating expenses	432.6M	448M	505.3M	563.6M	587.4M	567.5M	530.6M	560.5M	634.8M	701.4M
Operating income	169.6M	186.6M	175.4M	253.5M	341M	413.3M	542.4M	640.9M	733.6M	935.8M
Operating margin	19.2%	20%	17.5%	21.9%	26.3%	31.4%	39.4%	42.3%	42.7%	47%
Non-operating income, net	1.6M	-4.6M	12.9M	2.3M	-41.8M	99.9M	-2.1M	8.3M	14M	470K
Pretax income	144.6M	156.3M	156.9M	216.1M	257M	473.1M	471.3M	553.6M	642M	802.6M
Income tax	35.1M	22.9M	30.4M	23.9M	20.6M	81.1M	97.8M	124.2M	129.2M	150.6M
Net income	109.4M	133.4M	126.5M	192.1M	236.4M	392.1M	373.5M	429.4M	512.8M	651.9M
Net margin	12.4%	14.3%	12.6%	16.6%	18.3%	29.8%	27.1%	28.4%	29.9%	32.7%
EBITDA	202.8M	222.8M	218.4M	287.4M	374.6M	446.6M	560.7M	661.9M	761.5M	962.1M
EPS	3.52	4.16	4.79	6.63	8.13	13.7	14.3	17.2	20.8	26.9
Diluted EPS	3.39	3.98	4.57	6.34	7.9	13.4	14.2	16.9	20.4	26.5

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	389.7M	382.1M	433.8M	447.8M	453.8M	440M	498.7M	536.4M	515.8M	512M	691.7M	674.2M
Cost of revenue	82.8M	83.5M	86.9M	88.2M	89.6M	87.3M	87.6M	87.6M	91.2M	87.3M	91.2M	87M
Gross profit	306.9M	298.6M	346.9M	359.6M	364.2M	352.6M	411.1M	448.8M	424.6M	424.7M	600.5M	587.2M
Gross margin	78.7%	78.2%	80%	80.3%	80.3%	80.1%	82.4%	83.7%	82.3%	83%	86.8%	87.1%
Research & development	41.6M	42.6M	40.9M	44.2M	44.2M	45.1M	45M	47.2M	51M	49.9M	53.9M	53.7M
Selling, general & administrative	99.3M	104.3M	110.9M	124.9M	122.8M	128M	120.4M	139.1M	125.5M	140.7M	144.1M	170.8M
Operating expenses	140.9M	147M	151.7M	169.1M	167M	173.1M	165.5M	186.3M	176.5M	190.6M	198M	224.5M
Operating income	165.7M	151.4M	194.8M	190.3M	197.2M	179.5M	245.6M	262.5M	248.1M	234M	402.5M	362.6M
Operating margin	42.5%	39.6%	44.9%	42.5%	43.4%	40.8%	49.3%	48.9%	48.1%	45.7%	58.2%	53.8%
Non-operating income, net	-930K	3.4M	4M	3.9M	2.7M	89K	-1.3M	7.4M	-5.7M	-112K	-1.9M	11.9M
Pretax income	140.5M	130.6M	172.7M	167.3M	171.4M	150.1M	213M	237M	202.5M	191.9M	356M	314.7M
Income tax	39M	9.5M	42.9M	41.1M	35.7M	-2.4M	50.4M	55.2M	47.4M	33.6M	91.6M	77.5M
Net income	101.4M	121.1M	129.8M	126.3M	135.7M	152.5M	162.6M	181.8M	155M	158.4M	264.5M	237.2M
Net margin	26%	31.7%	29.9%	28.2%	29.9%	34.7%	32.6%	33.9%	30.1%	30.9%	38.2%	35.2%
EBITDA	167.8M	157.6M	202.2M	198M	203.7M	183.2M	247.8M	273.9M	246.4M	238M	404.5M	378.8M
EPS	4.09	4.89	5.23	5.12	—	6.26	6.67	7.49	6.48	6.68	11.2	10.5
Diluted EPS	4.01	4.8	5.16	5.05	—	6.14	6.59	7.4	6.42	6.61	11.1	10.4

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	3.9B	4.3B	6.8B	8.8B	12.4B	11.4B	10.7B	21.7B	48B	36.3B	18.2B
Enterprise value	4.4B	4.8B	7.5B	9.5B	13.1B	12.6B	12.5B	23.5B	50.1B	39.2B	24B
Shares outstanding	31.1M	30.9M	29.7M	29M	29.1M	28.7M	26M	25M	24.7M	24.2M	24.2M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	35.4	32.5	53.7	45.8	52.3	29.2	28.7	50.5	93.5	55.6	24.3
P/S	4.4	4.64	6.79	7.58	9.55	8.69	7.79	14.3	27.9	18.2	7.56
P/B	8.68	10.2	23.6	30.4	37.3	-103.1	-13.4	-31.5	-49.8	-20.8	-4.65
EV/EBITDA	21.6	21.7	34.2	33.1	35	28.2	22.3	35.5	65.7	40.8	19
EV/Sales	4.96	5.17	7.46	8.2	10.1	9.55	9.08	15.5	29.1	19.7	10
Earnings yield	2.82%	3.08%	1.86%	2.18%	1.91%	3.43%	3.48%	1.98%	1.07%	1.8%	4.12%
FCF yield	4.86%	4.75%	2.82%	2.69%	2.77%	3.64%	4.69%	2.14%	1.27%	2.04%	4.26%
PEG	—	—	—	—	—	—	—	—	—	—	0.61

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	69.9%	69.2%	68.7%	71%	72.1%	74.7%	78.1%	79.4%	79.7%	82.2%	87.1%
Operating margin	19.2%	20%	17.5%	21.9%	26.3%	31.4%	39.4%	42.3%	42.7%	47%	53.8%
Net margin	12.4%	14.3%	12.6%	16.6%	18.3%	29.8%	27.1%	28.4%	29.9%	32.7%	34.1%
ROE	24.5%	31.3%	44%	66.3%	71.4%	-353.4%	-46.6%	-62.4%	-53.3%	-37.3%	-37.3%
ROA	8.97%	10.6%	9.51%	13.4%	14.7%	25%	25.9%	27.3%	29.9%	34.9%	40%
ROIC	13.6%	17.2%	14.7%	22.4%	29%	33.3%	44%	46.1%	51.9%	63.6%	76.2%
Return on tangible assets	-24.7%	-33.7%	-42.1%	-95.2%	-639.6%	-2.3K%	-444%	1.6K%	336.5%	216.3%	179.6%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.09	0.95	0.84	0.93	1.29	0.99	1.46	1.51	1.62	0.83	1.18
Quick ratio	1.09	0.95	0.84	0.93	1.29	0.99	1.46	1.51	1.62	0.83	1.18
Debt / equity	1.28	1.42	2.66	2.85	2.74	-12	-2.38	-2.76	-2.33	-1.76	-0.01
Debt / assets	0.47	0.48	0.57	0.58	0.57	0.85	1.33	1.21	1.31	1.65	2.75
Net debt / EBITDA	2.44	2.24	3.09	2.5	2	2.55	3.17	2.67	2.75	3.06	4.22
Interest coverage	6.43	7.06	6.01	6.44	7.09	12.8	7.83	6.79	7.08	7.01	6.72
Effective tax rate	24.3%	14.6%	19.4%	11.1%	8.01%	17.1%	20.7%	22.4%	20.1%	18.8%	23.5%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	28.3	30.3	33.7	40	44.5	45.8	52.9	60.6	69.6	82.1	101.9
EPS (basic)	3.52	4.16	4.79	6.63	8.13	13.7	14.3	17.2	20.8	26.9	26.9
EPS (diluted)	3.39	3.98	4.57	6.34	7.9	13.4	14.2	16.9	20.4	26.5	34.5
Book value per share	14.4	13.8	9.67	10	11.4	-3.86	-30.8	-27.5	-39	-72	-189.7
FCF per share	6.05	6.67	6.45	8.16	11.8	14.5	19.3	18.6	24.6	30.5	42.3
Cash per share	2.44	3.42	3.03	3.67	5.41	6.8	5.11	5.47	6.11	5.53	11.5
Capex per share	0.71	0.64	1.05	0.83	0.76	0.26	0.23	0.17	0.36	1.26	1.55

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.49%	2.12%	3.13%	2.07%	1.7%	0.57%	0.44%	0.28%	0.52%	1.53%	1.47%
Capex / operating cash flow	12.3%	8.72%	13.3%	8.21%	6.88%	1.39%	1.22%	0.88%	1.36%	3.91%	3.51%
Payout ratio	2.27%	0.93%	0%	0%	—	—	—	—	—	—	0%
Dividend yield	0.06%	0.03%	0%	0%	—	—	—	—	—	—	0.01%

Yield

0.01%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.02

ex-dividend Mar 1, 2017

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Mar 1, 2017	$0.02
Nov 30, 2016	$0.02
Sep 12, 2016	$0.02

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$389.7M	$382.1M	$433.8M	$447.8M	$453.8M	$440M	$498.7M	$536.4M	$515.8M	$512M	$691.7M	$674.2M
YoY change	+11.8%	+10.8%	+14.1%	+12.3%	+16.4%	+15.2%	+15%	+19.8%	+13.6%	+16.4%	+38.7%	+25.7%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	75.9M	105.6M	90M	106.4M	157.4M	195.4M	133.2M	136.8M	150.7M	134.1M
Receivables	122.5M	123.9M	193.5M	169.8M	334.2M	312.1M	322.4M	387.9M	426.6M	529.1M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	267.6M	310.9M	396.4M	455.7M	534.1M	551M	484.7M	556.4M	617.4M	705.2M
Property, plant & equipment	129.9M	129.5M	153.6M	53M	104.1M	75.2M	54.3M	36.7M	68M	93.9M
Goodwill & intangibles	1.7B	1.7B	1.6B	1.6B	1.6B	1.6B	1.5B	1.5B	1.6B	1.6B
Total assets	1.2B	1.3B	1.3B	1.4B	1.6B	1.6B	1.4B	1.6B	1.7B	1.9B
Accounts payable	23M	19.5M	20.3M	23.1M	23M	20.7M	17.3M	19M	22.5M	32.3M
Short-term debt	77M	142M	235M	218M	95M	272.1M	49.4M	66.3M	26.6M	399.5M
Total current liabilities	246.1M	326.7M	473.9M	490.8M	414.5M	559.2M	331.5M	367.7M	380.3M	849.2M
Long-term debt	493.6M	462.8M	528.9M	606.8M	812.6M	1.1B	1.9B	1.8B	2.2B	2.7B
Total liabilities	773.8M	829.1M	1B	1.1B	1.3B	1.7B	2.2B	2.3B	2.7B	3.6B
Shareholders' equity	446.8M	426.5M	287.4M	289.8M	331.1M	-110.9M	-801.9M	-688M	-962.7M	-1.7B
Total debt	570.6M	604.8M	763.9M	824.8M	907.6M	1.3B	1.9B	1.9B	2.2B	3.1B
Net debt	494.7M	499.2M	673.9M	718.4M	750.2M	1.1B	1.8B	1.8B	2.1B	2.9B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	136.8M	160.4M	135.7M	156M	150.7M	184.3M	146.6M	189M	134.1M	162M	219.4M	248.4M
Receivables	387.9M	367.5M	469M	437.6M	426.6M	350.9M	492.5M	454.1M	529.1M	495.1M	620M	592.5M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	556.4M	565.3M	641.5M	631.1M	617.4M	595.8M	724.9M	709.8M	705.2M	698.8M	900.8M	881.6M
Property, plant & equipment	36.7M	29.3M	55.5M	60.2M	68M	71.3M	78.1M	88.3M	93.9M	98.4M	104.6M	114.1M
Goodwill & intangibles	1.5B	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B
Total assets	1.6B	1.6B	1.7B	1.7B	1.7B	1.7B	1.8B	1.9B	1.9B	1.9B	2B	2B
Accounts payable	19M	18.6M	18.8M	22.5M	22.5M	23.2M	24.1M	29.3M	32.3M	26.6M	36.3M	26.9M
Short-term debt	66.3M	168.6M	29.6M	28.1M	26.6M	15M	15M	399.3M	399.5M	399.7M	—	300M
Total current liabilities	367.7M	433.1M	315.1M	337.2M	380.3M	331.3M	343.2M	770.6M	849.2M	752.1M	405.3M	745.2M
Long-term debt	1.8B	1.8B	2B	2.1B	2.2B	2.4B	2.5B	2.4B	2.7B	2.8B	3.7B	5.3B
Total liabilities	2.3B	2.3B	2.4B	2.5B	2.7B	2.8B	3B	3.3B	3.6B	3.7B	4.1B	6.1B
Shareholders' equity	-688M	-725.8M	-735.7M	-829.3M	-962.7M	-1.1B	-1.1B	-1.4B	-1.7B	-1.8B	-2.1B	-4.1B
Total debt	1.9B	2B	2.1B	2.2B	2.2B	2.4B	2.5B	2.8B	3.1B	3.2B	3.7B	5.6B
Net debt	1.8B	1.8B	1.9B	2B	2.1B	2.3B	2.4B	2.6B	2.9B	3.1B	3.4B	5.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	109.4M	133.4M	126.5M	192.1M	236.4M	392.1M	373.5M	429.4M	512.8M	651.9M
Depreciation & amortization	31.6M	36.2M	30.2M	31.6M	30.4M	25.6M	20.5M	14.6M	13.8M	15M
Stock-based compensation	55.5M	61.2M	74.8M	83M	93.7M	112.5M	115.4M	123.8M	149.4M	156.7M
Change in working capital	-16.4M	2.8M	-6M	-22.3M	-52.4M	6.1M	-39.6M	-56.2M	-9.6M	-29.2M
Operating cash flow	178.3M	227.4M	236.1M	292.1M	319.4M	546.4M	493.5M	479M	651.5M	778.8M
Capital expenditure	-22M	-19.8M	-31.3M	-24M	-22M	-7.6M	-6M	-4.2M	-8.9M	-30.5M
Investing cash flow	-27.6M	-20.6M	-14.1M	-42.8M	-24.6M	137.8M	-5.7M	-16M	-11.3M	-34.8M
Dividends paid	-2.5M	-1.2M	0	0	—	—	—	—	—	—
Share repurchases	-138.4M	-187.6M	-342.6M	-228.9M	-235.2M	-874.2M	-1.1B	-405.5M	-821.7M	-1.4B
Financing cash flow	-184.8M	-89.1M	-333.6M	-134.8M	-581.7M	-121.5M	-563.2M	-477.2M	-617.9M	-783.2M
Net change in cash	-34.1M	117.7M	-111.7M	114.5M	-286.9M	562.8M	-75.4M	-14.1M	22.3M	-39.1M
Free cash flow	188.3M	205.8M	191.8M	236.4M	342.9M	416.2M	503.4M	464.7M	607.4M	739.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	101.4M	121.1M	129.8M	126.3M	135.7M	152.5M	162.6M	181.8M	155M	158.4M	264.5M	237.2M
Depreciation & amortization	3M	2.8M	3.4M	3.8M	3.8M	3.5M	3.4M	4M	4M	4M	3.9M	4.2M
Stock-based compensation	34.1M	31.6M	35.4M	42.4M	40M	40.7M	41.7M	41.9M	32.4M	44.3M	45.3M	52.3M
Change in working capital	21.2M	18.3M	-90.8M	21.8M	41.1M	45.7M	-106.5M	30.6M	989K	-6.9M	-91.1M	37.5M
Operating cash flow	153.6M	172.8M	72.5M	191.2M	215M	239.3M	96.8M	286.2M	223.7M	174.1M	223.4M	380.4M
Capital expenditure	-1.1M	-1.4M	-4M	-1.7M	-1.8M	-841K	-2.1M	-8.2M	-8.7M	-8.5M	-8.8M	-9.2M
Investing cash flow	-3M	-2.4M	-4.2M	-2.5M	-2.2M	-2.6M	-3.6M	-8.7M	-9.2M	-12.5M	-8.1M	-17.3M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-120.4M	-71.7M	-171.8M	-254.7M	-323.5M	-162.6M	-217.2M	-486.8M	-548M	-171.2M	-605.4M	-2.3B
Financing cash flow	148.7M	-104.4M	-178.8M	-646.3M	-389.3M	-147.5M	-291.3M	205.1M	-274.5M	-135.6M	-1B	546.9M
Net change in cash	299.3M	66M	-110.5M	-457.5M	-176.4M	89.2M	-198.1M	482.6M	-59.9M	26M	-833.4M	910.1M
Free cash flow	163M	120.8M	61.6M	205.7M	219.4M	186.8M	65.5M	276.2M	210.8M	165.4M	214.3M	370.3M

Date	Ratio
Mar 11, 2004	3:2
Jun 6, 2002	3:2
Jun 5, 2001	3:2
Jun 27, 1995	2:1

Fair Isaac Corp. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history