FICO Financials Fair Isaac

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 4, 2026, 19:39 UTC Overview →

Growth & profitability

Revenue has grown 9.0% per year over the past 5 years.
Net income has grown faster than revenue (22.5% vs 9.0% per year).
Operating margin has expanded, at 46.5% in the latest year.
Free cash flow has grown 17.6% per year over the past 5 years.

Financial health

Total debt ($3.1B) exceeds cash ($134M); net debt is $2.9B.
Total debt has grown faster than revenue (32.8% vs 9.0% per year).
Operating income covered interest expense 6.9× in the latest year.
Total debt is 3.3× EBITDA.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$2.0B	$652M	82.2%	46.5%	-37.3%	34.9%	$770M	$3.1B	$134M
2024	$1.7B	$513M	79.7%	42.7%	-53.3%	29.9%	$624M	$2.2B	$151M
2023	$1.5B	$429M	79.4%	42.5%	-62.4%	27.3%	$465M	$1.9B	$137M
2022	$1.4B	$374M	78.1%	39.4%	-46.6%	25.9%	$503M	$1.8B	$133M
2021	$1.3B	$392M	74.7%	38.4%	-353.4%	25.0%	$416M	$1.0B	$195M
2020	$1.3B	$236M	72.1%	22.9%	71.4%	14.7%	$343M	$739M	$157M
2019	$1.2B	$192M	71.0%	21.9%	66.3%	13.4%	$236M	$607M	$106M
2018	$1.0B	$126M	68.7%	17.5%	44.0%	9.5%	$192M	$529M	$90M
2017	$935M	$133M	69.2%	19.5%	28.6%	10.6%	$206M	$463M	$106M
2016	—	$109M	—	—	22.7%	9.0%	—	$494M	$76M
2015	—	$87M	—	—	19.8%	7.0%	—	$516M	$86M
2014	—	$95M	—	—	20.9%	8.0%	—	$376M	$105M
2013	—	$90M	—	—	17.0%	7.8%	—	$455M	$83M
2012	—	$92M	—	—	19.4%	7.9%	$104M	$504M	$72M
2011	—	$72M	—	—	15.4%	6.3%	$122M	$512M	$136M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$674M	$237M	87.1%	53.8%	-5.8%	11.6%	$380M	$5.6B	$248M
Mar '26	$692M	$264M	86.8%	58.2%	-12.6%	12.9%	$223M	$3.6B	$219M
Dec '25	$512M	$158M	83.0%	45.7%	-8.8%	8.5%	$174M	$3.2B	$162M
Sep '25	$516M	$155M	82.3%	46.0%	-8.9%	8.3%	$219M	$3.1B	$134M
Jun '25	$536M	$182M	83.7%	48.9%	-13.0%	9.8%	$284M	$2.8B	$189M
Mar '25	$499M	$163M	82.4%	49.3%	-14.5%	8.9%	$73M	$2.5B	$147M
Dec '24	$440M	$153M	80.1%	40.8%	-13.4%	8.9%	$193M	$2.4B	$184M
Sep '24	$454M	$136M	80.3%	43.4%	-14.1%	7.9%	$225M	$2.2B	$151M
Jun '24	$448M	$126M	80.3%	42.5%	-15.2%	7.4%	$212M	$2.1B	$156M
Mar '24	$434M	$130M	80.0%	44.9%	-17.6%	7.6%	$67M	$2.0B	$136M
Dec '23	$382M	$121M	78.2%	39.6%	-16.7%	7.6%	$121M	$2.0B	$160M
Sep '23	$390M	$101M	78.7%	42.5%	-14.7%	6.4%	$163M	$1.9B	$137M
Jun '23	$399M	$129M	82.0%	44.4%	-18.3%	8.1%	$122M	$1.8B	$163M
Mar '23	$380M	$102M	79.0%	42.0%	-13.2%	6.8%	$88M	$1.8B	$138M
Dec '22	$345M	$98M	77.8%	40.7%	-12.2%	6.7%	$92M	$1.8B	$140M
Sep '22	$349M	$91M	76.3%	38.5%	-11.3%	6.3%	$144M	$1.8B	$133M
Jun '22	$349M	$94M	77.5%	40.3%	-11.0%	6.4%	$115M	$1.8B	$155M
Mar '22	$357M	$104M	79.9%	42.6%	-15.7%	7.0%	$120M	$1.7B	$174M
Dec '21	$322M	$85M	78.5%	35.9%	-15.8%	5.8%	$124M	$1.6B	$162M
Sep '21	$335M	$86M	78.4%	34.4%	-77.3%	5.5%	$90M	$1.0B	$195M

Valuation over time

How the market has priced FICO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 40.1× (Mar '23) to 23.6× (Nov '26).
The price-to-sales ratio has fallen from 10.9× (Mar '23) to 7.7× (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Frequently asked questions

Is FICO growing its revenue and profit?

Over the past 5 years, Fair Isaac's revenue has grown 9.0% per year, and net income grown 22.5% per year. These are computed facts, not advice.

How much debt does FICO have?

As of FY2025, Fair Isaac reported $3.1B of total debt against $134M of cash; operating income covered interest expense 6.9×.

What is FICO's profit margin?

In FY2025, gross margin was 82.2%, operating margin 46.5%, and net margin 32.7%.

What is FICO's P/E ratio?

Fair Isaac's P/E (TTM) is 18.88 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the FICO stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 23.6× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.