Fair Isaac income statement
In fiscal 2025, Fair Isaac reported revenue of $1.99bn, up 15.9% on the year before, operating income of $925m (a 46.5% margin) and net income of $652m, or $26.54 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Sept 2009 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 631 | 606 | 620 | 676 | 743 | 789 | 839 | 881 | 932 | 1,032 | 1,160 | 1,295 | 1,317 | 1,377 | 1,514 | 1,718 | 1,991 | 2,394 |
| Cost of revenue | 206 | 181 | 186 | 198 | 229 | 249 | 271 | 265 | 288 | 313 | 337 | 361 | 332 | 302 | 311 | 348 | 354 | 357 |
| Gross profit | 424 | 425 | 433 | 478 | 514 | 540 | 568 | 616 | 645 | 720 | 823 | 933 | 984 | 1,075 | 1,203 | 1,369 | 1,637 | 2,037 |
| Research and development | 74 | 74 | 62 | 60 | 67 | 83 | 99 | 104 | 111 | 128 | 149 | 166 | 171 | 147 | 160 | 172 | 188 | 208 |
| Selling, general and administrative | 209 | 225 | 224 | 239 | 268 | 278 | 300 | 329 | 337 | 377 | 414 | 421 | 396 | 384 | 401 | 463 | 513 | 581 |
| Operating income | 117 | 113 | 127 | 168 | 162 | 162 | 138 | 170 | 182 | 175 | 254 | 296 | 505 | 542 | 643 | 734 | 925 | 1,236 |
| Interest expense | 25 | 24 | 32 | 31 | 30 | 29 | 29 | 27 | 26 | 31 | 40 | 42 | 40 | 69 | 96 | 106 | 134 | 186 |
| Income before tax | 98 | 92 | 97 | 136 | 132 | 133 | 109 | 145 | 156 | 157 | 216 | 257 | 473 | 471 | 554 | 642 | 803 | 1,065 |
| Income tax | 32 | 28 | 26 | 44 | 42 | 38 | 23 | 35 | 23 | 30 | 24 | 21 | 81 | 98 | 124 | 129 | 151 | 250 |
| Net income | 65 | 64 | 72 | 92 | 90 | 95 | 87 | 109 | 133 | 126 | 192 | 236 | 392 | 374 | 429 | 513 | 652 | 815 |
| Diluted EPS | $1.33 | $1.42 | $1.79 | $2.55 | $2.48 | $2.72 | $2.65 | $3.39 | $4.14 | $4.06 | $6.34 | $7.90 | $13.40 | $14.18 | $16.93 | $20.45 | $26.54 | $34.47 |
| Diluted shares (average) | 49m | 45m | 40m | 36m | 36m | 35m | 33m | 32m | 32m | 31m | 30m | 30m | 29m | 26m | 25m | 25m | 25m | 24m |
| EBITDA | 155 | 144 | 152 | 190 | 195 | 195 | 171 | 201 | 218 | 206 | 285 | 326 | 531 | 563 | 657 | 747 | 940 | 1,250 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 454 | 440 | 499 | 536 | 516 | 512 | 692 | 674 |
| Cost of revenue | 90 | 87 | 88 | 88 | 91 | 87 | 91 | 87 |
| Gross profit | 364 | 353 | 411 | 449 | 425 | 425 | 600 | 587 |
| Research and development | 44 | 45 | 45 | 47 | 51 | 50 | 54 | 54 |
| Selling, general and administrative | 123 | 128 | 120 | 139 | 126 | 141 | 144 | 171 |
| Operating income | 197 | 180 | 246 | 263 | 237 | 234 | 402 | 363 |
| Interest expense | 29 | 29 | 31 | 33 | 40 | 42 | 45 | 60 |
| Income before tax | 171 | 150 | 213 | 237 | 202 | 192 | 356 | 315 |
| Income tax | 36 | −2 | 50 | 55 | 47 | 34 | 92 | 77 |
| Net income | 136 | 153 | 163 | 182 | 155 | 158 | 264 | 237 |
| Diluted EPS | $5.44 | $6.14 | $6.59 | $7.40 | $6.42 | $6.61 | $11.14 | $10.45 |
| EBITDA | 201 | 183 | 248 | 265 | 241 | 238 | 405 | 365 |
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