|FICO Overview
FICO

FAIR ISAAC CORP

Technology • CIK: 0000814547

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Market Cap
$36.27B
P/E (TTM)
55.6x
Rev Growth (TTM)
+15.9%
Net Margin (TTM)
32.7%
FCF Yield (TTM)
2.1%
FCF Margin (TTM)
38.7%

LATEST EARNINGS

Q1 2026
about 1 month ago
View source
Revenue
$511.96B
Net Income
$158.37M
+3.8%
EPS
$6.61
+7.7%
Gross
82.9% +2.8%
Operating
45.7% +4.9%
Net
30.9% -3.7%
  • Total revenues increased 16% year-over-year to $512.0 million.
  • Scores segment revenue grew 29% year-over-year to $304.5 million, driven by higher mortgage origination scores unit price and increased volume.
  • Non-GAAP EPS increased to $7.33 from $5.79 in the prior year period.
  • GAAP diluted EPS increased to $6.61 from $6.14 in the prior year period.

Cash Flow Health

Free Cash Flow8/8 positive
TTM$770M
Q4 '25
$219M-23%
Q3 '25
$284M+291%
FCF Margin
TTM38.7%
Q4 '2542.6%-20%
Sector: 14.5%Top 10%
OCF Margin39.1%
OCF/NI1.19x
CapEx Coverage87.3x
FCF Yield2.1%
FCF Growth (2Y)+15%
Cash Conversion Cycle
55 days
DSO: 81+DIO: 0DPO: 27

Capital Allocation & Returns

Balanced
Total Shareholder YieldTTM
TTM3.9%
Div Yield0.0%
+
Buyback (TTM)3.9%

Balancing returns with reinvestment

Dividend & Payout Metrics
Dividend Yield (TTM)0.0%
Free Cash Flow (TTM)$769.9M
Stock Repurchases (TTM)$1.4B
Capital Return / FCF183.7%
Est. Dividends Paid (TTM)$0
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
64.1%
Moderate
+0.3% YoY+36.1%
P25MedianP75
75th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
37.7%
8Q: 36.0%
Asset Turnover
1.11x
8Q: 1.06x
Leverage (1+D/E)
-0.75x
D/E: -1.75x
DuPont: -31.3%64.1% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
38.47x
8Q:46.60x
-11079.4%
Invested Cap Turn
1.70x
8Q:1.62x
+29.5%
CapEx Intensity
0.8%
8Q:0.6%
CapEx/Depreciation
0.60x
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024
Revenue
$2.0B
$515.8M3.9%
$536.4M7.6%
$498.7M13.4%
$440.0M3.0%
$453.8M1.3%
$447.8M3.2%
$433.8M13.5%
$382.1M
Operating Income
$924.9M
$237.2M9.7%
$262.5M6.9%
$245.6M36.8%
$179.5M9.0%
$197.2M3.6%
$190.3M2.4%
$194.8M28.7%
$151.4M
Net Income
$651.9M
$155.0M14.7%
$181.8M11.8%
$162.6M6.6%
$152.5M12.4%
$135.7M7.5%
$126.3M2.7%
$129.8M7.2%
$121.1M
Operating Cash Flow
$778.8M
$223.7M21.9%
$286.2M282.0%
$74.9M61.4%
$194.0M14.3%
$226.5M6.2%
$213.3M200.3%
$71.0M41.8%
$122.1M
Free Cash Flow
$769.9M
$219.5M22.8%
$284.4M290.7%
$72.8M62.3%
$193.2M14.0%
$224.7M6.2%
$211.6M215.9%
$67.0M44.5%
$120.8M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
55.6x
Valuation Lenses
Earnings
55.6x
vs sector
Cash Flow
61.3x
EV/FCF vs
Growth-Adj
1.9xPEG
Fair for growth
Quality-Adj
0.9P/E per %ROIC
ROIC: 64.1%
Shareholder Returns
Dividend
Buyback
3.9%
Total Yield
3.9%
Market Cap$36.27B
EV
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
51/100
Average

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Top 10%
-52.0%
8Q:
Return on Invested Capital (ROIC)Top 25%
64.1%
8Q:
+36.1%
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 37.7%
Asset Turnover: 1.11x

Earnings Quality

Cash Conversion

1.19x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin82.2%

Capital Efficiency

Invested Capital Turnover1.70x

Working Capital

Cash Conversion Cycle55 days

Growth Quality & Momentum

Moderate Growth
Growth Quality Score
74/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
15.9%
OpInc Growth YoY
20.3%
EPS Growth YoY
29.8%
FCF 3Y CAGR
15.2%

Margin Quality & Sustainability

Moderate
Profitability Cascade
Gross
82.2%
Operating
46.5%
Top 25% in sector
Net
32.7%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
+5.9 pts
FCF: 38.7% | Net: 32.7%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Solid
Net Debt / EBITDA
Net Debt: $2.92B
Interest Coverage
Leverage Metrics
Debt-to-Equity
-1.75x
Balance sheet risk & solvency analysis