FAIR ISAAC CORP

FICO 10-K · FY 2025

FICO FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Revenue 1,990,869 1,717,526 +15.9%
Show Product Lines breakouts
Business-to-business Scores · Scores 948,595 711,843 +33.3%
Business-to-consumer Scores · Scores 219,980 207,807 +5.9%
Non-platform software · Software 503,089 511,336 -1.6%
On-premises and SaaS software 740,145 711,340 +4.0%
On-premises and SaaS software · Software 740,145 711,340 +4.0%
On-premises and SaaS software · Software 740,145 711,340 +4.0%
On-premises and SaaS software · Software 90,238 76,284 +18.3%
On-premises and SaaS software · Software 649,907 635,056 +2.3%
On-premises software · Software 320,425 313,632 +2.2%
Platform software · Software 237,056 200,004 +18.5%
SaaS software · Software 419,720 397,708 +5.5%
Scores 1,168,575 919,650 +27.1%
Scores · Scores 1,168,575 919,650 +27.1%
Technology Service 82,149 86,536 -5.1%
Technology Service · Software 82,149 86,536 -5.1%
Show Business Segments breakouts
Scores 1,168,575 919,650 +27.1%
Scores · Americas 1,154,470 905,266 +27.5%
Scores · Asia Pacific 7,121 8,476 -16.0%
Scores · EMEA 6,984 5,908 +18.2%
Scores · Operating Segments 1,168,575 919,650 +27.1%
Software 822,294 797,876 +3.1%
Software · Americas 577,915 544,622 +6.1%
Software · Asia Pacific 91,560 89,636 +2.1%
Software · EMEA 152,819 163,618 -6.6%
Software · Operating Segments 822,294 797,876 +3.1%
Show Geography breakouts
Americas 1,732,385 1,449,888 +19.5%
Asia Pacific 98,681 98,112 +0.6%
EMEA 159,803 169,526 -5.7%
Cost of Revenue 353,722 348,206 +1.6%
Research & Development 188,347 171,940 +9.5%
Selling, General & Administrative 513,028 462,834 +10.8%
Restructuring Charges 10,922
Total Costs & Expenses 1,066,019 983,897 +8.3%
Show Business Segments breakouts
Scores · Operating Segments 142,332 106,296 +33.9%
Software · Operating Segments 574,600 540,347 +6.3%
Show Consolidation Items breakouts
Corporate Non Segment 181,498 186,898 -2.9%
Operating Segments 716,932 646,643 +10.9%
Operating Income 924,850 733,629 +26.1%
Show Business Segments breakouts
Scores · Operating Segments 1,026,243 813,354 +26.2%
Software · Operating Segments 247,694 257,529 -3.8%
Show Consolidation Items breakouts
Operating Segments 1,273,937 1,070,883 +19.0%
Interest Expense -133,647 -105,638 -26.5%
Other Non-Operating Income (Expense) 11,392 14,034 -18.8%
Income Before Taxes 802,595 642,025 +25.0%
Income Tax Expense (Benefit) 150,649 129,214 +16.6%
Net Income 651,946 512,811 +27.1%
Show Equity Components breakouts
Retained Earnings 651,946 512,811 +27.1%
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax -421 10,516 -104.0%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -421 10,516 -104.0%
Comprehensive Income 651,525 523,327 +24.5%
EPS (Basic) 26.9 20.78 +29.5%
EPS (Diluted) 26.54 20.45 +29.8%
Wtd Avg Shares (Basic) 24,239 24,676 -1.8%
Wtd Avg Shares (Diluted) 24,561 25,079 -2.1%
Depreciation And Amortization 10.7 9.4 +13.8%
Foreign Currency Transaction Gain Loss Before Tax 1.1 -0.6 +283.3%
Marketing And Advertising Expense 29.7 12.3 +141.5%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents 134,136 150,667 -11.0%
Show Cash And Cash Equivalents breakouts
Cash 134,130 142,768 -6.1%
Money Market Funds 6 731 -99.2%
Accounts Receivable 529,148 426,642 +24.0%
Prepaid Expenses & Other Current Assets 41,881 40,104 +4.4%
Total Current Assets 705,165 617,413 +14.2%
Non-Current Assets
Marketable Securities (Non-Current) 54,625 45,289 +20.6%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fair Value Measurements Recurring 54,625 45,289 +20.6%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 54,625 45,289 +20.6%
Operating Lease Right-of-Use Assets 26,213 29,580 -11.4%
Goodwill 783,340 782,752 +0.1%
Show Business Segments breakouts
Scores 146,648 146,648 0.0%
Software 636,692 636,104 +0.1%
Deferred Tax Assets 118,553 86,513 +37.0%
Other Non-Current Assets 112,524 117,872 -4.5%
Total Assets 1,868,133 1,717,884 +8.7%
Property, Plant & Equipment 67,713 38,465 +76.0%
Other Assets
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 67,713 38,465 +76.0%
Current Liabilities
Accounts Payable 32,315 22,473 +43.8%
Employee Related Liabilities Current 115,369 106,103 +8.7%
Accrued Liabilities 114,618 79,812 +43.6%
Deferred Revenue 187,372 156,897 +19.4%
Current Portion of Long-Term Debt 399,541 15,000 +2563.6%
Total Current Liabilities 849,215 380,285 +123.3%
Deferred Revenue (Current) 187.4 156.9 +19.4%
Non-Current Liabilities
Long-Term Debt 2,656,150 2,194,021 +21.1%
Operating Lease Liabilities 19,187 21,963 -12.6%
Other Non-Current Liabilities 89,365 84,294 +6.0%
Total Liabilities 3,613,917 2,680,563 +34.8%
Long-Term Debt 3,055,691 2,209,021 +38.3%
Show Long-Term Debt Type breakouts
Senior Notes 2,800,000
Contract With Customer Liability Noncurrent 1.8 3.3 -45.5%
Stockholders' Equity
Common Stock Value Outstanding 238 244 -2.5%
Additional Paid In Capital Common Stock 1,331,120 1,366,572 -2.6%
Treasury Stock Value -7,537,908 -6,138,736 -22.8%
Retained Earnings 4,552,816 3,900,870 +16.7%
Accumulated Other Comprehensive Income -92,050 -91,629 -0.5%
Total Stockholders' Equity -1,745,784 -962,679 -81.3%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -92,050 -91,629 -0.5%
Additional Paid In Capital 1,331,120 1,366,572 -2.6%
Common Stock 238 244 -2.5%
Retained Earnings 4,552,816 3,900,870 +16.7%
Treasury Stock Common -7,537,908 -6,138,736 -22.8%
Total Liabilities & Equity 1,868,133 1,717,884 +8.7%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Depreciation & Amortization 14,952 13,827 +8.1%
Stock-Based Compensation 156,667 149,439 +4.8%
Deferred Income Taxes -32,486 -27,330 -18.9%
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments -5,024 -9,834 +48.9%
Operating Lease Right Of Use Asset Amortization Expense 9,604 12,423 -22.7%
Provision For Doubtful Accounts 1,485 1,675 -11.3%
Gain Loss On Sale Of Property Plant Equipment 210 438 -52.1%
Change in Accounts Receivable -100,377 -34,144 -194.0%
Change in Prepaid & Other Assets 610 -14,034 +104.3%
Change in Accounts Payable 9,849 3,316 +197.0%
Increase Decrease In Employee Related Liabilities 10,065 3,195 +215.0%
Increase Decrease In Other Operating Liabilities 31,566 7,216 +337.4%
Increase Decrease In Deferred Revenue 29,740 13,966 +112.9%
Net Cash from Operations 778,807 632,964 +23.0%
Investing Activities
Capital Expenditures -8,922 -8,884 -0.4%
Payments To Develop Software -30,485 -16,667 -82.9%
Proceeds From Sale And Maturity Of Marketable Securities 2,184 15,930 -86.3%
Payments To Acquire Marketable Securities -6,496 -18,372 +64.6%
Net Cash from Investing -43,719 -27,993 -56.2%
Noncash Unsettled Repurchase Of Common Stock 18,416 13,391 +37.5%
Financing Activities
Proceeds From Lines Of Credit 725,000 947,000 -23.4%
Repayments Of Lines Of Credit -1,368,750 -602,000 -127.4%
Proceeds From Issuance Of Senior Long Term Debt 1,500,000
Debt Issuance Costs -17,163 -706 -2331.0%
Proceeds From Payments For Other Financing Activities -3,144 -1,333 -135.9%
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options 32,823 25,006 +31.3%
Tax Withholding for Share Compensation -204,593 -139,188 -47.0%
Share Repurchases -1,414,502 -821,702 -72.1%
Net Cash from Financing -750,329 -592,923 -26.5%
Supplemental
Income Taxes Paid 162,089 133,716 +21.2%
Interest Paid 103,564 106,388 -2.7%
Unpaid Capital Expenditures 47 62 -24.2%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents -1,290 1,841 -170.1%
Net Change in Cash -16,531 13,889 -219.0%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 134,136 150,667 -11.0%

Values in thousands USD. Source: SEC EDGAR 10-K filing.

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