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 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
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
FCF
Total debt
Cash
2025
$2.0B
$652M
82.2%
46.5%
$770M
$3.1B
$134M
2024
$1.7B
$513M
79.7%
42.7%
$624M
$2.2B
$151M
2023
$1.5B
$429M
79.4%
42.5%
$465M
$1.9B
$137M
2022
$1.4B
$374M
78.1%
39.4%
$503M
$1.8B
$133M
2021
$1.3B
$392M
74.7%
38.4%
$416M
$1.0B
$195M
2020
$1.3B
$236M
72.1%
22.9%
$343M
$739M
$157M
2019
$1.2B
$192M
71.0%
21.9%
$236M
$607M
$106M
2018
$1.0B
$126M
68.7%
17.5%
$192M
$529M
$90M
2017
$935M
$133M
69.2%
19.5%
$206M
$463M
$106M
2016
—
$109M
—
—
—
$494M
$76M
2015
—
$87M
—
—
—
$516M
$86M
2014
—
$95M
—
—
—
$376M
$105M
2013
—
$90M
—
—
—
$455M
$83M
2012
—
$92M
—
—
$104M
$504M
$72M
2011
—
$72M
—
—
$122M
$512M
$136M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$692M
$264M
86.8%
58.2%
$223M
$3.6B
$219M
Dec '25
$512M
$158M
83.0%
45.7%
$174M
$3.2B
$162M
Sep '25
$516M
$155M
82.3%
46.0%
$219M
$3.1B
$134M
Jun '25
$536M
$182M
83.7%
48.9%
$284M
$2.8B
$189M
Mar '25
$499M
$163M
82.4%
49.3%
$73M
$2.5B
$147M
Dec '24
$440M
$153M
80.1%
40.8%
$193M
$2.4B
$184M
Sep '24
$454M
$136M
80.3%
43.4%
$225M
$2.2B
$151M
Jun '24
$448M
$126M
80.3%
42.5%
$212M
$2.1B
$156M
Mar '24
$434M
$130M
80.0%
44.9%
$67M
$2.0B
$136M
Dec '23
$382M
$121M
78.2%
39.6%
$121M
$2.0B
$160M
Sep '23
$390M
$101M
78.7%
42.5%
$163M
$1.9B
$137M
Jun '23
$399M
$129M
82.0%
44.4%
$122M
$1.8B
$163M
Mar '23
$380M
$102M
79.0%
42.0%
$88M
$1.8B
$138M
Dec '22
$345M
$98M
77.8%
40.7%
$92M
$1.8B
$140M
Sep '22
$349M
$91M
76.3%
38.5%
$144M
$1.8B
$133M
Jun '22
$349M
$94M
77.5%
40.3%
$115M
$1.8B
$155M
Mar '22
$357M
$104M
79.9%
42.6%
$120M
$1.7B
$174M
Dec '21
$322M
$85M
78.5%
35.9%
$124M
$1.6B
$162M
Sep '21
$335M
$86M
78.4%
34.4%
$90M
$1.0B
$195M
Jun '21
$338M
$151M
75.7%
57.5%
$99M
$807M
$238M
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 43.1× (Mar '23) to 40.7× (Jun '26).
The price-to-sales ratio has risen from 11.7× (Mar '23) to 13.3× (Jun '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 Jun '26, Fair Isaac traded at a price-to-earnings ratio of about 40.7× (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.