FAIR ISAAC CORP (FICO) Earnings History

FAIR ISAAC CORP - Q1 2026 EarningsBeat

Filed at: Jan 28, 2026, 4:15 PM EST|Read from source

EXECUTIVE SUMMARY

Fair Isaac Corp reported a strong start to fiscal year 2026 with robust top and bottom-line growth, driven primarily by its Scores segment. The company reiterated its full-year guidance, projecting stronger growth than the previous fiscal year.

POSITIVE HIGHLIGHTS

  • •

    Total revenues increased 16% year-over-year to $512.0 million.

    positive
  • •

    Scores segment revenue grew 29% year-over-year to $304.5 million, driven by higher mortgage origination scores unit price and increased volume.

    positive
  • •

    Non-GAAP EPS increased to $7.33 from $5.79 in the prior year period.

    positive
  • •

    GAAP diluted EPS increased to $6.61 from $6.14 in the prior year period.

    positive

CONCERNS & RISKS

  • •

    Software revenues grew only 2% year-over-year to $207.5 million.

    attention
  • •

    Non-platform Software Annual Recurring Revenue declined 8% year-over-year.

    attention
  • •

    Non-platform Software Dollar-Based Net Retention Rate was 91%.

    attention
  • •

    Net cash provided by operating activities decreased to $174.1 million from $194.0 million in the prior year period.

    attention
  • •

    Free cash flow decreased to $165.4 million from $186.8 million in the prior year period.

    attention
  • •

    Total current liabilities decreased to $752.1 million from $849.2 million in the prior sequential quarter.

    attention

FINANCIAL METRICS

Revenue
Quarterly
$511.96B
N/A
Net Income
Quarterly
$158.37M
+3.8%
Prior year: $152.53M
EPS (Diluted)
Quarterly
$6.61
+7.7%
Prior year: $6.14
Operating Income
Quarterly
$234.05B
N/A
EPS (Basic)
Quarterly
$6.68
+6.7%
Prior year: $6.26

MARGIN ANALYSIS

Gross Margin
Current Quarter
82.9%
Prior Year
80.1%
YoY Change
+275 bps
Operating Margin
Current Quarter
45.7%
Prior Year
40.8%
YoY Change
+491 bps
Net Margin
Current Quarter
30.9%
Prior Year
34.7%
YoY Change
-374 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

REVENUE BY SEGMENT — Q1 2026 2026

VISUAL OVERVIEW

|
Scores
0.0%
N/A
Software
0.0%
N/A

DETAILED BREAKDOWN

|
SegmentCurrentPrior YrYoY% Total
Scores
N/A———
Software
N/A———
Total Revenue$0.00M——100.0%

Segment performance shows business unit health and growth drivers.

MANAGEMENT GUIDANCE

FY2026

Revenues
$2350000.0B—$2350000.0B
Mid-point: $2350000.0B
GAAP Net Income
795,000,000—795,000,000
Mid-point: 795,000,000
GAAP EPS
$33.47—$33.47
Mid-point: $33.47
Non-GAAP Net Income
907,000,000—907,000,000
Mid-point: 907,000,000
Non-GAAP EPS
$38.17—$38.17
Mid-point: $38.17

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

MANAGEMENT COMMENTARY

We had a good start to our fiscal year, with strong top and bottom-line growth.

— FAIR ISAAC CORP, Q1 2026 2026 Earnings Call

We reiterate our fiscal year 2026 guidance, which yields stronger growth than we achieved in FY25.

— FAIR ISAAC CORP, Q1 2026 2026 Earnings Call

Scores revenues... increased 29%... primarily attributable to a higher mortgage origination scores unit price and an increase in volume of mortgage originations.

— FAIR ISAAC CORP, Q1 2026 2026 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Non-platform Software Dollar-Based Net Retention Rate
91
Platform Software Dollar-Based Net Retention Rate
122
Software Annual Recurring Revenue
N/A
+5.0% YoY
Software Dollar-Based Net Retention Rate
103

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.