Nov 4, 4:15 PM ET
FICO reported fourth-quarter fiscal 2026 results for the quarter ended September 30, 2026. Revenue rose 27% to $657.0 million and GAAP diluted EPS was $8.12, up from $6.42, but net income included a $65 million proposed litigation settlement accrual, a $48 million gain on sale of an equity investment, and a $27 million restructuring charge. The company is not providing fiscal 2027 guidance, citing its transition to bespoke mortgage originations pricing and uncertain mortgage market conditions.
- Revenue of $657.0 million vs. $515.8 million in the prior year period, an increase of 27%.
- GAAP diluted EPS of $8.12 vs. $6.42; non-GAAP diluted EPS of $11.10 vs. $7.74.
- Scores revenue of $413.8 million, up 33%; Software revenue of $243.2 million, up 19%.
- No fiscal year 2027 guidance provided, due to the mortgage pricing transition and elevated interest rates.
Read the filing on SEC.gov ↗
Oct 6, 4:58 PM ET
Fair Isaac committed on October 1, 2026 to a workforce reduction that eliminates about 15% of its positions, while reducing management layers, simplifying its operating structure, and integrating AI-driven product development. The company expects aggregate pre-tax charges of about $27.0 million in the fourth quarter of fiscal 2026, mostly severance, and the plan is expected to be substantially complete by the end of the third quarter of fiscal 2027.
- About 15% of positions across the company will be eliminated.
- Expected pre-tax charges of approximately $27.0 million in Q4 fiscal 2026, mainly employee severance and related costs.
- Affected employees began being notified the week of October 5, 2026.
- Plan expected to be substantially completed by the end of Q3 fiscal 2027.
Read the filing on SEC.gov ↗
Jul 29, 4:16 PM ET
FICO reported third-quarter fiscal 2026 revenue of $674.2 million, up 26% from $536.4 million a year earlier, and GAAP diluted earnings per share of $10.45, up from $7.40. The company also raised its fiscal 2026 guidance, lifting its revenue outlook to $2.53 billion from $2.45 billion and its GAAP diluted EPS outlook to $36.86 from $35.60.
- Q3 GAAP diluted EPS was $10.45 versus $7.40; non-GAAP diluted EPS was $12.18 versus $8.57
- Scores revenue rose 41% to $458.9 million, driven by B2B revenue up 49%; Software revenue rose 2% to $215.3 million
- Fiscal 2026 revenue guidance raised to $2.53 billion from $2.45 billion; GAAP EPS guidance raised to $36.86 from $35.60
- Nine-month repurchases of common stock totaled $3.0 billion
Read the filing on SEC.gov ↗
Jun 8, 9:19 AM ET
FICO amended its credit agreement to add a $1.5 billion unsecured term loan maturing May 15, 2028, and borrowed the full amount on June 5, 2026. The company is using the proceeds for a $1.5 billion accelerated share repurchase with Wells Fargo Securities, under a new $2.0 billion buyback authorization that replaces its previous $1.5 billion program.
- Incremental term loan of $1.5 billion, maturing May 15, 2028, with quarterly repayments of $75 million from September 30, 2026 through June 30, 2027, then $112.5 million
- Upfront payment of $1.5 billion to Wells Fargo Securities on June 8, 2026, with an initial delivery of approximately 1,055,100 shares
- New stock repurchase program of up to $2.0 billion, open-ended; about $500 million expected to remain after the ASR is completed by September 30, 2026
Read the filing on SEC.gov ↗
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