Fair Isaac Corporation

FICO · NYSE · USD

Financials

Annual

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986
Valuation
Market cap	$35,922	$47,652	$21,589	$10,404	$10,887	$11,638	$8,304	$6,253	$3,844	$3,409	$2,312	$1,866	$1,953	$1,516	$859	$1,107	$1,046	$1,128	$2,033	$2,325	$2,982	$2,042	$2,846	$1,195	$1,016	$609	$395	$459	$628	$539	$399	$208	$125	$72	$50	$27	$38	$43	$50	$41
Enterprise value	$38,863	$49,744	$23,354	$12,183	$12,026	$12,388	$9,022	$6,927	$4,343	$3,903	$2,834	$2,307	$2,318	$1,927	$1,130	$1,412	$1,298	$1,511	$2,373	$2,498	$3,153	$2,142	$2,882	$1,053	$978	$550	$370	$446	$617	$532	$392	$199	$122	$69	$44	$24	$25	$28	$40	$40
P/E (TTM) at period end	55.10×	92.92×	50.28×	27.85×	27.77×	49.23×	43.22×	49.44×	28.81×	31.14×	26.73×	19.67×	21.68×	16.48×	12.01×	17.18×	15.97×	13.44×	19.43×	22.47×	22.16×	19.86×	26.56×	66.80×	22.04×	22.03×	13.57×	18.90×	30.36×	33.25×	31.38×	20.78×	23.54×	18.53×	17.69×	16.94×	19.09×	17.83×	23.77×	25.65×
P/S (TTM) at period end	18.04×	27.74×	14.26×	7.55×	8.27×	8.99×	7.16×	6.06×	4.12×	3.87×	2.76×	2.37×	2.63×	2.24×	1.39×	1.83×	1.66×	1.51×	2.47×	2.82×	3.73×	2.89×	4.52×	3.04×	3.09×	2.04×	1.43×	1.87×	3.16×	3.62×	3.50×	2.30×	1.87×	1.70×	1.56×	1.06×	1.65×	2.04×	2.76×	2.77×
P/B at period end	–	–	–	–	–	35.15×	28.66×	21.75×	8.25×	7.08×	5.29×	4.11×	3.68×	3.20×	1.85×	2.33×	1.74×	2.01×	3.59×	3.02×	3.70×	2.23×	3.35×	1.23×	3.74×	3.06×	2.52×	3.44×	6.09×	6.88×	7.10×	4.84×	3.96×	2.72×	2.22×	1.38×	2.07×	2.55×	3.37×	9.77×
EV / EBITDA (TTM)	41.35×	66.55×	35.52×	21.64×	22.64×	37.96×	31.64×	33.70×	19.89×	19.40×	16.53×	11.86×	11.90×	10.15×	7.45×	9.79×	8.36×	9.34×	12.01×	12.40×	12.74×	9.33×	12.65×	13.16×	10.06×	8.33×	5.80×	8.07×	12.46×	14.20×	15.02×	9.62×	9.63×	9.84×	10.51×	10.35×	–	–	–	–
EV / Sales (TTM)	19.52×	28.96×	15.43×	8.85×	9.13×	9.57×	7.78×	6.71×	4.66×	4.43×	3.38×	2.92×	3.12×	2.85×	1.82×	2.33×	2.06×	2.03×	2.89×	3.03×	3.95×	3.03×	4.58×	2.68×	2.97×	1.85×	1.34×	1.82×	3.10×	3.58×	3.44×	2.20×	1.83×	1.62×	1.39×	0.93×	1.06×	1.36×	2.20×	2.73×
Returns
Return on equity	–	–	–	–	–	71.4%	66.3%	44.0%	28.6%	22.7%	19.8%	20.9%	17.0%	19.4%	15.4%	13.6%	10.9%	14.9%	18.5%	13.4%	16.7%	11.2%	12.6%	1.8%	17.0%	13.9%	18.6%	18.2%	20.1%	20.7%	22.6%	23.3%	16.8%	14.7%	12.6%	8.1%	10.9%	14.3%	14.2%	38.1%
Return on invested capital	62.9%	51.9%	46.3%	44.0%	40.7%	25.2%	22.4%	14.7%	16.1%	13.2%	11.4%	12.9%	12.0%	12.5%	11.1%	9.3%	7.9%	8.8%	10.1%	9.1%	11.9%	9.5%	9.5%	1.6%	17.5%	16.4%	20.1%	19.4%	23.9%	24.5%	23.7%	28.0%	17.2%	14.3%	11.7%	4.1%	23.0%	64.9%	39.1%	41.4%
Dividend yield	–	–	–	–	–	–	–	–	0.0%	0.1%	0.1%	0.1%	0.1%	0.2%	0.4%	0.3%	0.4%	0.3%	0.2%	0.2%	0.2%	0.2%	0.1%	0.2%	0.1%	0.2%	0.3%	0.2%	0.2%	0.2%	0.2%	0.4%	0.6%	1.1%	1.0%	1.8%	–	–	–	–
Financial health
Current ratio	0.83×	1.62×	1.51×	1.46×	0.99×	1.29×	0.93×	0.84×	0.95×	1.09×	1.18×	0.85×	1.50×	1.24×	2.49×	2.84×	3.86×	2.87×	0.80×	0.77×	2.99×	3.87×	6.79×	4.75×	3.39×	3.76×	2.23×	2.15×	2.40×	2.18×	2.04×	1.76×	1.85×	2.17×	3.04×	3.34×	3.65×	4.21×	6.06×	1.67×
Debt / equity	(1.75×)	(2.29×)	(2.71×)	(2.31×)	(11.35×)	2.52×	2.85×	2.66×	1.30×	1.19×	1.39×	1.20×	0.90×	1.17×	1.12×	1.09×	0.95×	1.01×	0.99×	0.52×	0.50×	0.44×	0.64×	0.14×	–	0.00×	0.01×	0.01×	0.02×	0.03×	0.03×	0.05×	0.09×	0.10×	–	–	–	–	–	–
Effective tax rate	18.8%	20.1%	22.4%	20.7%	17.1%	8.0%	11.1%	19.4%	14.6%	24.3%	20.8%	28.7%	31.7%	32.5%	26.6%	30.2%	32.9%	28.2%	30.1%	35.0%	30.7%	39.1%	37.8%	66.3%	40.0%	41.3%	40.7%	42.3%	41.9%	40.4%	40.9%	39.4%	39.1%	40.9%	36.4%	33.3%	37.5%	35.1%	47.5%	50.0%
Share count
Diluted shares outstanding	25	25	25	26	29	30	30	31	32	32	33	35	36	36	40	45	49	49	58	65	74	78	77	56	52	49	48	49	48	47	46	43	41	40	39	39	40	39	34	30

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line item	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986
Revenue and gross profit
Revenue	$2,394	$1,991	$1,718	$1,514	$1,377	$1,317	$1,295	$1,160	$1,032	$932	$881	$839	$789	$743	$676	$620	$606	$631	$745	$822	$825	$799	$706	$629	$392	$329	$298	$277	$246	$199	$149	$114	$90	$67	$43	$32	$26	$23	$21	$18	$15
Cost of revenue	($357)	($354)	($348)	($311)	($302)	($332)	($361)	($337)	($313)	($288)	($265)	($271)	($249)	($229)	($198)	($186)	($181)	($206)	($275)	($293)	($282)	($275)	($253)	($247)	($176)	($149)	($109)	($90)	($72)	($62)	($49)	($38)	($30)	($21)	($13)	($10)	($9)	($10)	($10)	($8)	($7)
Gross profit	$2,037	$1,637	$1,369	$1,203	$1,075	$984	$933	$823	$720	$645	$616	$568	$540	$514	$478	$433	$425	$424	$470	$529	$543	$524	$454	$383	$216	$181	$189	$187	$174	$137	$99	$76	$60	$45	$30	$22	$16	$13	$11	$10	$8
Operating expenses
Research and development	($208)	($188)	($172)	($160)	($147)	($171)	($166)	($149)	($128)	($111)	($104)	($99)	($83)	($67)	($60)	($62)	($74)	($74)	($78)	($71)	($85)	($81)	($71)	($68)	($74)	($28)	($30)	($30)	($29)	($18)	($8)	($4)	($4)	–	–	–	–	–	–	–	–
Selling, general and administrative	($581)	($513)	($463)	($401)	($384)	($396)	($421)	($414)	($377)	($337)	($329)	($300)	($278)	($268)	($239)	($224)	($225)	($209)	($246)	($286)	($261)	($223)	($182)	($125)	($84)	($78)	($90)	($94)	($90)	($70)	($56)	($46)	($36)	($33)	($22)	($17)	($14)	($11)	($8)	($6)	($5)
Total operating expenses	($801)	($712)	($636)	($560)	($533)	($479)	($637)	($570)	($544)	($462)	($447)	($431)	($378)	($352)	($310)	($306)	($311)	($308)	($348)	($380)	($391)	($331)	($274)	($209)	($169)	($108)	($144)	($141)	($134)	($99)	($70)	($56)	($44)	($37)	($24)	($18)	($15)	($12)	($9)	($7)	($5)
Total costs and expenses	($1,157)	($1,066)	($984)	($871)	($835)	($811)	($999)	($907)	($857)	($750)	($712)	($701)	($627)	($582)	($508)	($492)	($492)	($514)	($623)	($674)	($673)	($606)	($526)	($455)	($345)	($257)	($253)	($231)	($205)	($161)	($119)	($94)	($74)	($58)	($37)	($29)	($24)	($21)	($18)	($15)	($12)
Operating income	$1,236	$925	$734	$643	$542	$505	$296	$254	$175	$182	$170	$138	$162	$162	$168	$127	$113	$117	$122	$148	$153	$193	$180	$174	$47	$72	$45	$46	$40	$38	$30	$20	$16	$8	$6	$3	$1	$2	$2	$4	$3
Earnings
EBITDA	$1,252	$940	$747	$657	$563	$531	$326	$285	$206	$218	$201	$171	$194	$195	$190	$152	$144	$155	$162	$198	$201	$247	$230	$228	$80	$97	$66	$64	$55	$50	$38	$26	$21	$13	$7	$4	$2	–	–	–	–
Interest income	–	–	–	–	–	–	–	–	–	–	–	–	–	$0	$0	$2	$2	$5	$9	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Interest expense	($186)	($134)	($106)	($96)	($69)	($40)	($42)	($40)	($31)	($26)	($27)	($29)	($29)	($30)	($31)	($32)	($24)	($25)	($20)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Pre-tax income	$1,065	$803	$642	$554	$471	$473	$257	$216	$157	$156	$145	$109	$133	$132	$136	$97	$92	$98	$113	$150	$159	$194	$169	$172	$53	$77	$47	$51	$42	$36	$27	$22	$16	$9	$7	$4	$2	$3	$4	$4	$3
Income tax expense	($250)	($151)	($129)	($124)	($98)	($81)	($21)	($24)	($30)	($23)	($35)	($23)	($38)	($42)	($44)	($26)	($28)	($32)	($32)	($45)	($56)	($60)	($66)	($65)	($35)	($31)	($19)	($21)	($18)	($15)	($11)	($9)	($6)	($3)	($3)	($2)	($1)	($1)	($1)	($2)	($2)
Net income	$815	$652	$513	$429	$374	$392	$236	$192	$126	$133	$109	$87	$95	$90	$92	$72	$64	$65	$84	$105	$103	$135	$103	$107	$18	$46	$28	$29	$24	$21	$16	$13	$10	$5	$4	$3	$2	$2	$2	$2	$2
Per share
Diluted EPS (GAAP)	$34.62	$26.54	$20.45	$16.93	$14.18	$13.40	$7.90	$6.34	$4.06	$4.14	$3.39	$2.65	$2.72	$2.48	$2.55	$1.79	$1.42	$1.33	$1.70	$1.82	$1.59	$1.86	$1.31	$1.40	$0.32	$0.89	$0.56	$0.62	$0.50	$0.43	$0.37	$0.28	$0.23	$0.13	$0.0979	$0.0712	$0.0415	$0.0504	$0.0623	$0.0623	$0.0534
Basic EPS (GAAP)	$34.81	$26.90	$20.78	$17.18	$14.34	$13.65	$8.13	$6.63	$4.26	$4.32	$3.52	$2.75	$2.80	$2.55	$2.64	$1.82	$1.44	$1.34	$1.72	$1.87	$1.63	$2.02	$1.47	$1.48	$0.33	$0.93	$0.57	$0.63	$0.52	$0.43	$0.37	$0.28	$0.25	$0.13	$0.0979	$0.0712	$0.0415	$0.0504	$0.0623	$0.0623	$0.0534
Basic shares outstanding	23	24	25	25	26	29	29	29	30	31	31	31	34	35	35	39	45	49	49	56	64	67	70	72	55	49	48	47	46	48	47	46	40	41	40	39	39	40	39	34	30
Margins
Gross margin	85.1%	82.2%	79.7%	79.4%	78.1%	74.7%	72.1%	71.0%	69.7%	69.1%	69.9%	67.7%	68.4%	69.1%	70.7%	69.9%	70.1%	67.3%	63.1%	64.3%	65.8%	65.6%	64.2%	60.8%	55.1%	54.9%	63.4%	67.5%	70.9%	68.8%	66.8%	67.1%	66.8%	68.1%	69.2%	67.6%	63.5%	57.8%	53.8%	55.8%	54.7%
Operating margin	51.7%	46.5%	42.7%	42.5%	39.4%	38.4%	22.9%	21.9%	17.0%	19.5%	19.2%	16.4%	20.5%	21.7%	24.9%	20.5%	18.7%	18.5%	16.4%	18.1%	18.5%	24.2%	25.5%	27.7%	12.0%	21.9%	15.0%	16.7%	16.5%	18.9%	19.9%	17.5%	17.5%	12.3%	13.1%	9.7%	3.9%	7.8%	11.9%	19.3%	19.6%
Net margin	34.1%	32.7%	29.9%	28.4%	27.1%	29.8%	18.3%	16.6%	12.3%	14.3%	12.4%	10.3%	12.0%	12.1%	13.6%	11.5%	10.6%	10.3%	11.3%	12.7%	12.5%	16.8%	14.6%	17.0%	4.6%	14.0%	9.3%	10.5%	9.9%	10.4%	10.9%	11.2%	11.1%	7.9%	9.2%	8.8%	6.3%	8.6%	11.4%	11.6%	10.8%

Analyst consensus

Buy21 analysts

Bearish · 0 · Hold · 5 · Bullish · 16

Earnings history

	EPS	Estimate
Q4 2024	$6.54	$6.39	Beat
Q1 2025	$5.79	$6.09	Miss
Q2 2025	$7.81	$7.48	Beat
Q3 2025	$8.57	$7.71	Beat
Q4 2025	$7.74	$7.32	Beat
Q1 2026	$7.33	$7.08	Beat
Q2 2026	$12.50	$10.89	Beat
Q3 2026	$12.18	$11.76	Beat

Peers

Company overview

IPO dateJul 22, 1987

CEOWilliam J. Lansing

Employees3,876

SectorTechnology

IndustrySoftware - Application

CountryUS

ExchangeNew York Stock Exchange

Websitewww.fico.com

Fair Isaac Corporation, also known as FICO, delivers advanced analytics, software solutions, and data management services designed to help businesses optimize, automate, and interconnect their crucial decision-making processes. These offerings reach clients across the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. The company operates through two main divisions: Software and Scores. The Software segment provides pre-configured decision management solutions catering to a variety of business challenges and operations, including marketing strategy, account creation, customer relations, engagement, fraud detection, financial crime compliance, and debt collection, alongside related professional services. Key among its offerings is the FICO Platform, a modular software suite built to support sophisticated analytical and decision-making applications. This segment also supplies stand-alone analytical and decisioning software that customers can customize for a broad spectrum of business needs. Conversely, the Scores segment offers both business-to-business (B2B) and business-to-consumer (B2C) solutions. Its B2B scoring services empower corporate clients with analytics that can be integrated directly into their transaction flows and decision frameworks. For individual consumers, the segment provides B2C scoring via offerings such as myFICO.com subscriptions. FICO markets its diverse product and service portfolio primarily through its dedicated direct sales force, various indirect distribution channels, and its online presence. Established in 1956 as Fair Isaac & Company, Inc., the company officially adopted the name Fair Isaac Corporation in July 1992 and maintains its headquarters in Bozeman, Montana.

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