Citable filing context

FICO filing events and research context

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FICO's research view summarizes recent SEC filing context, starting with earnings from Jul 29, 2026.

FICO filing events and research context
FiledItemContext
Jul 29, 2026earningsFICO reported Q3 2026 revenue of $674.2 million and GAAP net income of $237.2 million.
Jun 8, 2026share_repurchaseFICO authorized a $2.0 billion share repurchase program and entered into a $1.5 billion accelerated repurchase agreement.
Apr 28, 2026earningsFICO reported Q2 fiscal 2026 revenue of $691.7 million and GAAP EPS of $11.14.
Jul 29, 2026Guidance: gaap_epsnot reported to 36.86
Jul 29, 2026Guidance: gaap_net_incomenot reported to 850.00
Jul 29, 2026Guidance: non_gaap_epsnot reported to 42.43
Jul 29, 2026mda_quarterlyFICO reported strong financial performance for the quarter ended June 30, 2026, with total revenue reaching $674.2 million, a 26% year-over-year increase. Growth was primarily driven by the Scores segment, which saw revenue surge 41% to $458.9 million, largely due to higher unit pricing and increased volume in mortgage origination scores. Conversely, the Software segment grew modestly by 2%, as SaaS growth for the FICO Platform was partially offset by a strategic reduction in lower-margin professional services. The company’s Software segment remains focused on recurring revenue, reporting $815.8 million in Annual Recurring Revenue (ARR) and a 109% Dollar-Based Net Retention Rate. Management emphasizes the FICO Platform as a key growth driver, with platform-based ARR now representing 51% of the total software mix. To support capital allocation, FICO significantly increased share repurchases, spending $2.3 billion during the quarter, including $1.5 billion under an accelerated share repurchase agreement. This activity was funded by a new $1.5 billion term loan and existing credit facilities, bringing total debt to $5.6 billion. Despite higher interest expenses from increased leverage, the company maintains sufficient liquidity to fund operations and debt obligations for the foreseeable future.
Apr 28, 2026mda_quarterlyFICO reported total revenues of $691.7 million for the quarter ended March 31, 2026, a 39% year-over-year increase. Growth was primarily driven by the Scores segment, where revenues rose 60% to $475.0 million due to higher unit pricing and increased mortgage origination volumes. The Software segment grew 7% to $216.7 million, with expansion concentrated in SaaS revenue for the FICO Platform. Platform ARR reached $348.8 million, now representing 44% of total Software ARR, and achieved a Dollar-Based Net Retention Rate of 136%, contrasting with the 90% DBNRR of non-platform products. Operating income rose 64% to $402.5 million, benefiting from the high-margin nature of the Scores business, which reduced cost of revenues as a percentage of total revenue to 13%. FICO maintains an aggressive capital return strategy, repurchasing $611.3 million in shares during the quarter under a new $1.5 billion authorization. To manage liquidity and debt, the company issued $1.0 billion in senior notes in March 2026 to repay maturing 2018 notes and reduce revolving credit balances, bringing total debt to $3.6 billion. Cash and cash equivalents stood at $219.4 million as of March 31, 2026.

Source: SEC EDGAR filing text and events; period Jul 29, 2026; filed Jul 29, 2026.

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