Form 10-K · Annual report
Fair Isaac 10-K, filed Nov 6, 2026
- Filed
- CIK
- 0000814547
- Accession no.
- 0000814547-26-000042
Summary
Fair Isaac reported fiscal 2026 total revenues of $2.5 billion, a 27% increase, and net income of $835.0 million, a 28% increase, as its FICO Score 10T was approved by the Federal Housing Finance Agency for future use in the conforming mortgage market served by Fannie Mae and Freddie Mac, which then published historical data to support independent analytic evaluations. The company also announced a FICO Mortgage Direct License Program giving third-party distributors an option to calculate and distribute FICO Scores without consumer reporting agency intermediaries, and partnered with Plaid on a next-generation UltraFICO Score.
Key points
- Fiscal 2026 total revenues were $2.5 billion, up 27% from fiscal 2025, with Scores segment revenues of $1.7 billion, up 41%.
- Net income was $835.0 million and diluted EPS was $36.32, up 28% and 37% respectively; operating income was $1.3 billion, up 37%.
- Software segment annual recurring revenue was $850.9 million as of September 30, 2026, up 14%, with a dollar-based net retention rate of 112%.
- FICO repurchased 2.5 million shares for $3.1 billion in fiscal 2026 and issued $1.0 billion of senior notes in March 2026; total debt was $5.3 billion as of September 30, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 7. Management’s Discussion BUSINESS OVERVIEW Strategies and Initiatives In fiscal 2026, the FICO® Score continued to be the standard measure of consumer credit risk in the U.S., used by U.S. lenders for credit decisioning that connects lenders, investors, and consumers throughout the lending lifecycle. Through the FICO® Score 10T Free Access Program, more than 70 mortgage lenders are able to access FICO Score 10T, which also incorporates trended credit data, at no additional fee if they have paid for the Classic FICO® Score. …
An excerpt of the text as filed with the SEC, cut for length.
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