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 46 d ago 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 37.1× (Sep '26).
The price-to-sales ratio has risen from 10.9× (Mar '23) to 12.1× (Sep '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?

As of Sep '26, Fair Isaac traded at a price-to-earnings ratio of about 37.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.