Fair Isaac Corporation (FICO) financials

NYSE · Technology · Software - Application · 3,876 employees · CEO William J. Lansing

Price: $711.23 +0.29%
Market cap: $15.4B
Enterprise value: $20.7B
Last report: Q3 '26 filed 2026-07-29
Next report: 2026-11-04 EPS est. $10.75

Revenue (TTM)$2.39B+24.1% vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)51.7%+5.8 pp vs a year agoOperating income $1.24B

Net income (TTM)$815M+28.8% vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)$996M+33.2% vs a year agoCapex $5.53M

Diluted EPS (TTM)$34.62+35.4% vs a year agoSum of the last 4 quarters

Net cash-$5.35B-104.8% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: $15.4B
Revenue: $2.39B
Revenue growth: +27%
Profit margin: 34.1%
P/E: 20.4×
P/S: 6.4×
EV / EBITDA: 16.3×
Free cash flow: $996M
Net income: $815M
Revenue estimate: $2.53B
Earnings: 2026-11-04
Dividend: –

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Last report (2026-07-29): revenue missed by 0.7%, EPS beat by 3.6%Revenue $674M vs $679M expected (-0.7%); EPS $12.18 vs $11.76 (+3.6%).
Revenue growth accelerating: 25.7% year on yearQ3 '26 revenue $674M, against an average of 22.1% over the four quarters before.
Operating margin 51.7% (TTM), +5.8 pp on a year agoOperating income grew 39.7% while revenue grew 24.1%.
16.1% of pre-tax profit is eaten by non-operating lossesPre-tax income $1.07B vs operating income $1.24B (TTM). Losses on equity stakes and other one-off items cut net income and EPS - operating income is the cleaner measure of the business.
Capex 0.2% of revenue (a year ago 1.7%)$5.53M invested in the last 4 quarters (-83.6% on a year earlier). Free cash flow $996M = 122.2% of net income.
Returned $3.59B to shareholders = 360.8% of free cash flowBuybacks $3.59B (a year earlier $1.19B), dividends $0, stock-based pay $174M (TTM). More than the free cash flow: paid from cash or debt.
Diluted share count down 7.6% in a year22.7M diluted shares in Q3 '26, 24.6M a year earlier.
Net debt $5.35BCash + short-term investments $248M, debt incl. leases $5.6B; a year ago net debt $2.61B.
Scores: revenue +41.5%, margin 90.8% (was 87.8%)Fastest-growing reported segment in Q3 '26: operating income $417M on revenue $459M (from the segment note of the filing).

Last quarter: Q3 '26

Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q3 '26	Year ago	Change
Revenue	$674M	$536M	+25.7%
Gross margin	87.1%	83.7%	+3.4 pp
Operating income	$363M	$263M	+38.1%
Operating margin	53.8%	48.9%	+4.8 pp
Net income	$237M	$182M	+30.5%
Diluted EPS	$10.45	$7.40	+41.2%
Operating cash flow	$380M	$286M	+32.9%
Capex	$863K	$9.98M	-91.4%
Free cash flow	$380M	$276M	+37.4%
R&D	$53.7M	$47.2M	+13.8%
Stock-based compensation	$52.3M	$41.9M	+24.8%

Reported vs consensus

2026-07-29

	Actual	Consensus	vs consensus
Revenue	$674M	$679M	-0.7%
EPS (as estimated)	$12.18	$11.76	+3.6%

From the report of 2026-07-29 for Q3 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.

EPS vs consensus

last 8 reports

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Revenue by business line

stacked, quarterly

Segment	Q3 '26	y/y	Share	TTM	TTM y/y	12 quarters
Scores	$459M	+41.5%	68.1%	$1.55B	+40.1%
Applications	$215M	–	31.9%	$844M	–

Revenue by region

share of total

Segment	Q3 '26	y/y	Share	TTM	TTM y/y
Americas	$612M	+30.2%	49.9%	$2.14B	+28.6%
United States	$552M	–	45.0%	–	–
EMEA	$41.4M	+0.1%	3.4%	$166M	+0.4%
Asia Pacific	$20.8M	-16.2%	1.7%	$86.6M	-11.8%

Segment profits

Operating income per reported segment, read from the segment note of each 10-Q / 10-K (the profit split most data feeds leave out).

Segments in Q3 '26

Segment	Revenue	y/y	Operating income	y/y	Margin	Margin a year ago	TTM operating income
Scores	$459M	+41.5%	$417M	+46.4%	90.8%	87.8%	$1.39B
Software	$215M	+1.5%	$55M	-19.0%	25.6%	32.0%	$232M
Corporate (unallocated)	–	–	–	–	–	–	–

Operating income by segment

quarterly

Segment operating margin

quarterly

Fourth quarters are derived: the 10-K reports the full year, minus the three quarters of the 10-Qs.

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Operating cash flow: $1B
Capex: -$5.53M
Buybacks: -$3.59B
Dividends: $0
Acquisitions: $0
Net debt issued: $2.81B
Stock-based compensation: $174M
Free cash flow: $996M
Returned to shareholders / FCF: 360.8%

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	20.4×	51.5×	28.7× – 93.5×
EV / EBITDA	16.3×	37.6×	22.3× – 65.7×
EV / Sales	8.7×	16.6×	9.1× – 29.1×
Price / FCF	15.4×	44.3×	21.3× – 79.0×
Price / Book	-3.9×	–	–
FCF yield	6.5%	2.8%	1.3% – 4.7%
Return on invested capital	59.4%	41.0%	32.7% – 53.0%
Return on equity	-33.4%	-110.6%	-353.4% – -37.3%

Analysts

Consensus target $1,025.46 (+44.2%)
range $700.00 – $1,675.00 · rating Buy

Strong buy0

Buy15

Hold6

Sell0

Strong sell0

Outlook

Analyst consensus for the coming fiscal years and what it implies at today's price.

Consensus estimates

Fiscal year	Revenue	Growth	EPS	Growth	P/E at today's price	Analysts (EPS)
FY2026	$2.53B	+27.1%	$42.69	+60.9%	16.7×	13
FY2027	$2.69B	+6.3%	$46.77	+9.6%	15.2×	13
FY2028	$2.88B	+7.2%	$52.51	+12.3%	13.5×	10
FY2029	$3.07B	+6.5%	$50.64	-3.6%	14.0×	3
FY2030	$3.06B	-0.3%	$62.78	+24.0%	11.3×	1

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Every reported line

All 248 figures Fair Isaac Corporation tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).

Line (SEC label)	Latest quarter	Year ago	y/y	Latest FY	Prior FY	y/y
Accelerated Share Repurchases, Settlement (Payment) or Receipt	-$1.5B2026-06-05	–	–	–	–	–
Accounts Payable, Current	$26.9M	$29.3M	-8.4%	$32.3M	$22.5M	+43.8%
Accounts Receivable, after Allowance for Credit Loss	$617M	$499M	+23.5%	$566M	$469M	+20.7%
Accounts Receivable, after Allowance for Credit Loss, Current	$593M	$454M	+30.5%	$529M	$427M	+24.0%
Accounts Receivable, after Allowance for Credit Loss, Noncurrent	$24.3M	$45.3M	-46.4%	$37.2M	$42.6M	-12.7%
Accounts Receivable, Allowance for Credit Loss	$7.68M	$8.04M	-4.5%	$7.96M	$6.45M	+23.4%
Accounts Receivable, before Allowance for Credit Loss	$624M	$507M	+23.1%	$574M	$476M	+20.7%
Accounts Receivable, Credit Loss Expense (Reversal)	$6K	$495K	-98.8%	$1.49M	$1.68M	-11.3%
Accrued Liabilities, Current	$102M	$74.3M	+37.3%	$115M	$79.8M	+43.6%
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$49.6M	$65.6M	-24.3%	$45.6M	$77.5M	-41.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax	-$96.1M	-$88.3M	-8.8%	-$92.1M	-$91.6M	-0.5%
Additional Paid in Capital, Common Stock	$1.06B	$1.29B	-17.8%	$1.33B	$1.37B	-2.6%
Amortization of Intangible Assets	$02025-09-30	$92K	-100.0%	$0	$917K	-100.0%
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	$52.3M	$41.9M	+24.8%	$157M	$149M	+4.8%
Assets	$2.04B	$1.86B	+9.4%	$1.87B	$1.72B	+8.7%
Assets, Current	$882M	$710M	+24.2%	$705M	$617M	+14.2%
Assets, Fair Value Disclosure	$69.3M	–	–	–	–	–
Billed Contracts Receivable	$365M	$255M	+43.3%	$328M	$265M	+23.7%
Capital Expenditures Incurred but Not yet Paid	$146K	$2.59M	-94.4%	$47K	$62K	-24.2%
Capitalized Contract Cost, Amortization	–	–	–	$9.9M	$9.2M	+7.6%
Capitalized Contract Cost, Impairment Loss	–	–	–	$0	$0	–
Capitalized Contract Cost, Net	$63.2M2025-09-30	$60.5M	+4.5%	$63.2M	$60.5M	+4.5%
Cash	$235M	$157M	+50.1%	$134M	$143M	-6.1%
Cash and Cash Equivalents, at Carrying Value	$248M	$189M	+31.4%	$134M	$151M	-11.0%
Cash and Cash Equivalents, Fair Value Disclosure	$13.2M	–	–	$134M	$151M	-11.0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$248M	$189M	+31.4%	$134M	$151M	-11.0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$29M	$42.4M	-31.6%	-$16.5M	$13.9M	-219.0%
Common Stock, Par or Stated Value Per Share	$0.01	$0.01	0.0%	$0.01	$0.01	0.0%
Common Stock, Shares Authorized	200M	200M	0.0%	200M	200M	0.0%
Common Stock, Shares, Issued	88.9M	88.9M	0.0%	88.9M	88.9M	0.0%
Common Stock, Shares, Outstanding	21.6M	24.1M	-10.4%	23.8M	24.4M	-2.6%
Common Stock, Value, Outstanding	$216K	$241K	-10.4%	$238K	$244K	-2.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$237M	$195M	+21.5%	$652M	$523M	+24.5%
Contract with Customer, Liability	$207M	$175M	+18.4%	$189M	$160M	+18.1%
Contract with Customer, Liability, Current	$205M	$172M	+19.6%	$187M	$157M	+19.4%
Contract with Customer, Liability, Noncurrent	$1.9M	$3.4M	-44.1%	$1.8M	$3.3M	-45.5%
Contract with Customer, Liability, Revenue Recognized	$31.2M	$256M	-87.8%	$152M	$134M	+13.7%
Cost of Revenue	$87M	$87.6M	-0.6%	$354M	$348M	+1.6%
Costs and Expenses	$312M	$274M	+13.8%	$1.07B	$984M	+8.3%
Current Federal Tax Expense (Benefit)	–	–	–	$123M	$110M	+11.7%
Current Foreign Tax Expense (Benefit)	–	–	–	$36M	$35.9M	+0.1%
Current Income Tax Expense (Benefit)	–	–	–	$183M	$157M	+17.0%
Current State and Local Tax Expense (Benefit)	–	–	–	$23.8M	$10.2M	+133.5%
Debt Issuance Costs, Current, Net	$0	$655K	-100.0%	$459K	$0	–
Debt Issuance Costs, Noncurrent, Net	$27.6M	$19.8M	+39.5%	$18.9M	$9.73M	+93.8%
Debt Securities, Trading, and Equity Securities, FV-NI	$54.6M2025-09-30	$45.3M	+20.6%	$54.6M	$45.3M	+20.6%
Debt Securities, Trading, and Equity Securities, FV-NI, Cost	$40.6M2025-09-30	$36M	+12.6%	$40.6M	$36M	+12.6%
Deferred Federal Income Tax Expense (Benefit)	–	–	–	-$26.9M	-$26.2M	-2.8%
Deferred Foreign Income Tax Expense (Benefit)	–	–	–	-$2.21M	$609K	-462.4%
Deferred Income Tax Assets, Net	$92.4M	$106M	-12.8%	$119M	$86.5M	+37.0%
Deferred Income Tax Expense (Benefit)	$11M	-$6.65M	+265.0%	-$32.5M	-$27.3M	-18.9%
Deferred Revenue, Current	$205M	$172M	+19.6%	$187M	$157M	+19.4%
Deferred State and Local Income Tax Expense (Benefit)	–	–	–	-$3.33M	-$1.71M	-94.5%
Deferred Tax Assets, in Process Research and Development	$100M2025-09-30	$67.8M	+48.0%	$100M	$67.8M	+48.0%
Deferred Tax Assets, Net	$119M2025-09-30	$86.5M	+37.0%	$119M	$86.5M	+37.0%
Deferred Tax Assets, Net of Valuation Allowance	$168M2025-09-30	$134M	+25.4%	$168M	$134M	+25.4%
Deferred Tax Assets, Other	$21.5M2025-09-30	$18.2M	+18.1%	$21.5M	$18.2M	+18.1%
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Compensation	$31.6M2025-09-30	$32.1M	-1.4%	$31.6M	$32.1M	-1.4%
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Accrued Liabilities	$7.38M2025-09-30	$7.88M	-6.4%	$7.38M	$7.88M	-6.4%
Deferred Tax Liabilities, Deferred Expense, Other Capitalized Costs	$15.1M2025-09-30	$14.5M	+4.5%	$15.1M	$14.5M	+4.5%

Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-Q 2025-12-31, 10-K 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-Q 2024-12-31, 10-K 2024-09-30, 10-Q 2024-06-30

Data as of 2026-11-02