Fair Isaac Corporation (FICO) reported significant financial growth in its latest quarterly results, with total revenues reaching $691.7 million for the quarter ended March 31, 2026, marking a 39% increase from $498.7 million in the same quarter of the previous year. For the six months ended March 31, 2026, revenues totaled $1.2 billion, a 28% increase compared to $938.7 million for the same period in 2025. The company's net income also saw substantial growth, rising to $264.5 million for the quarter, a 63% increase from $162.6 million year-over-year, and $422.8 million for the six months, up 34% from $315.1 million.
The Scores segment was a key driver of this growth, with revenues increasing by 60% to $475.0 million in the latest quarter, and by 46% to $779.5 million for the six-month period. This surge was attributed to higher unit prices and increased volume in business-to-business scoring solutions, particularly in mortgage originations. The Software segment also contributed to the overall revenue increase, with on-premises and SaaS software revenues rising to $199.2 million for the quarter, an 8% increase from the previous year, and $387.5 million for the six months, a 5% increase.
FICO's operating income for the quarter was $402.5 million, reflecting a 64% increase from $245.6 million in the prior year, while for the six months, it reached $636.5 million, a 50% increase from $425.2 million. The company reported a diluted earnings per share (EPS) of $11.14 for the quarter, a 69% increase from $6.59, and $17.73 for the six months, a 39% increase from $12.73. The increase in EPS was supported by a reduction in the weighted average shares outstanding, which decreased from 24.4 million to 23.7 million over the year.
In terms of operational metrics, FICO reported an Annual Recurring Revenue (ARR) of $788.8 million for its Software segment as of March 31, 2026, a 10% increase from the previous year. The Dollar-Based Net Retention Rate (DBNRR) for the Software segment was 109%, indicating strong customer retention and growth. The company also expanded its employee base, increasing headcount to 3,758 from 3,718 year-over-year.
Looking ahead, FICO maintains a positive outlook, supported by a strong cash position of $219.4 million as of March 31, 2026, and access to a $1.0 billion revolving line of credit. The company plans to continue investing in technology and potential acquisitions to drive future growth. FICO's management believes that its current financial resources will be sufficient to meet operational needs for at least the next 12 months, while also allowing for strategic investments to enhance its market position.
About FAIR ISAAC CORP
Fair Isaac Corporation (FICO) is a global analytics company specializing in credit scoring, decision management, and predictive analytics. Its core products include the FICO Score, widely used in U.S. credit decisions, and software solutions for fraud detection, customer engagement, and risk management. Serving financial institutions, insurers, retailers, and government agencies worldwide, FICO enables data-driven decisions to improve business outcomes and financial literacy.
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