Tearsheet

Fair Isaac (FICO)


Market Price (4/5/2026): $1083.22 | Market Cap: $25.7 Bil
Sector: Information Technology | Industry: Application Software

Fair Isaac (FICO)


Market Price (4/5/2026): $1083.22
Market Cap: $25.7 Bil
Sector: Information Technology
Industry: Application Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 48%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 37%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 35%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30%

Megatrend and thematic drivers
Megatrends include AI in Financial Services, and Fintech & Digital Payments. Themes include AI for Fraud Detection, Online Banking & Lending, Show more.

Weak multi-year price returns
2Y Excs Rtn is -38%, 3Y Excs Rtn is -5.4%

Key risks
FICO key risks include [1] direct regulatory challenges to its pricing power and mortgage-scoring monopoly, Show more.

0 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 48%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 37%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 35%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30%
3 Megatrend and thematic drivers
Megatrends include AI in Financial Services, and Fintech & Digital Payments. Themes include AI for Fraud Detection, Online Banking & Lending, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -38%, 3Y Excs Rtn is -5.4%
5 Key risks
FICO key risks include [1] direct regulatory challenges to its pricing power and mortgage-scoring monopoly, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Fair Isaac (FICO) stock has lost about 35% since 12/31/2025 because of the following key factors:

1. Mounting regulatory scrutiny and antitrust investigations contributed significantly to investor apprehension. Senator Josh Hawley (R-MO) initiated a formal investigation into Fair Isaac's mortgage credit score pricing practices and urged the Federal Trade Commission (FTC) to investigate potential anticompetitive behavior, amplifying existing concerns about FICO's market position. Additionally, there is an ongoing Department of Justice (DOJ) antitrust investigation into its credit-scoring practices.

2. Increased competition, particularly a price war from VantageScore in the mortgage market, eroded investor confidence in FICO's core Scores segment. This escalating competition poses a direct threat to FICO's traditional dominance in credit scoring.

Show more

Stock Movement Drivers

Fundamental Drivers

The -35.5% change in FICO stock from 12/31/2025 to 4/4/2026 was primarily driven by a -36.6% change in the company's P/E Multiple.
(LTM values as of)123120254042026Change
Stock Price ($)1690.621089.76-35.5%
Change Contribution By: 
Total Revenues ($ Mil)1,9912,0633.6%
Net Income Margin (%)32.7%31.9%-2.6%
P/E Multiple62.039.3-36.6%
Shares Outstanding (Mil)24240.8%
Cumulative Contribution-35.5%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/4/2026
ReturnCorrelation
FICO-35.5% 
Market (SPY)-5.4%22.3%
Sector (XLK)-5.5%14.6%

Fundamental Drivers

The -27.2% change in FICO stock from 9/30/2025 to 4/4/2026 was primarily driven by a -31.6% change in the company's P/E Multiple.
(LTM values as of)93020254042026Change
Stock Price ($)1496.531089.76-27.2%
Change Contribution By: 
Total Revenues ($ Mil)1,9292,0636.9%
Net Income Margin (%)32.8%31.9%-2.8%
P/E Multiple57.439.3-31.6%
Shares Outstanding (Mil)24242.4%
Cumulative Contribution-27.2%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/4/2026
ReturnCorrelation
FICO-27.2% 
Market (SPY)-2.9%19.5%
Sector (XLK)-3.4%10.2%

Fundamental Drivers

The -40.9% change in FICO stock from 3/31/2025 to 4/4/2026 was primarily driven by a -52.4% change in the company's P/E Multiple.
(LTM values as of)33120254042026Change
Stock Price ($)1844.161089.76-40.9%
Change Contribution By: 
Total Revenues ($ Mil)1,7752,06316.2%
Net Income Margin (%)30.7%31.9%4.0%
P/E Multiple82.639.3-52.4%
Shares Outstanding (Mil)24242.8%
Cumulative Contribution-40.9%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/4/2026
ReturnCorrelation
FICO-40.9% 
Market (SPY)16.3%32.8%
Sector (XLK)32.3%26.3%

Fundamental Drivers

The 55.1% change in FICO stock from 3/31/2023 to 4/4/2026 was primarily driven by a 47.4% change in the company's Total Revenues ($ Mil).
(LTM values as of)33120234042026Change
Stock Price ($)702.691089.7655.1%
Change Contribution By: 
Total Revenues ($ Mil)1,4002,06347.4%
Net Income Margin (%)27.6%31.9%15.6%
P/E Multiple45.639.3-13.7%
Shares Outstanding (Mil)25245.6%
Cumulative Contribution55.1%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/4/2026
ReturnCorrelation
FICO55.1% 
Market (SPY)63.3%39.7%
Sector (XLK)83.6%36.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
FICO Return-15%38%94%71%-15%-37%108%
Peers Return33%-33%32%18%-5%-17%10%
S&P 500 Return27%-19%24%23%16%-4%75%

Monthly Win Rates [3]
FICO Win Rate50%42%83%75%50%0% 
Peers Win Rate68%28%65%57%57%20% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
FICO Max Drawdown-32%-21%-2%-5%-34%-41% 
Peers Max Drawdown-14%-43%-9%-8%-19%-23% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: EFX, TRU, SPGI, MCO, VRSK. See FICO Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/2/2026 (YTD)

How Low Can It Go

Unique KeyEventFICOS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-38.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven61.9%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven185 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-50.9%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven103.7%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven133 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-28.6%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven40.0%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven51 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-76.2%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven320.9%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,100 days1,480 days

Compare to EFX, TRU, SPGI, MCO, VRSK

In The Past

Fair Isaac's stock fell -38.2% during the 2022 Inflation Shock from a high on 7/23/2021. A -38.2% loss requires a 61.9% gain to breakeven.

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About Fair Isaac (FICO)

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Scores and Software. The Software segment offers pre-configured decision management solution designed for various business problems or processes, such as marketing, account origination, customer management, customer engagement, fraud detection, financial crimes compliance, collection, and marketing, as well as associated professional services. This segment also provides FICO Platform, a modular software offering designed to support advanced analytic and decision use cases, as well as stand-alone analytic and decisioning software that can be configured by customers to address a wide range of business use cases. The Scores segment provides business-to-business scoring solutions and services for consumers that give clients access to analytics to be integrated into their transaction streams and decision-making processes, as well as business-to-consumer scoring solutions comprising myFICO.com subscription offerings. Fair Isaac Corporation markets its products and services primarily through its direct sales organization and indirect channels, as well as online. The company was formerly known as Fair Isaac & Company, Inc. and changed its name to Fair Isaac Corporation in July 1992. Fair Isaac Corporation was founded in 1956 and is headquartered in Bozeman, Montana.

AI Analysis | Feedback

FICO is like the S&P Global for consumer credit scores.

FICO is like a specialized Palantir for automating business operational decisions.

AI Analysis | Feedback

  • FICO Scores (B2B): Analytical scoring solutions provided to businesses for integration into their transaction streams and decision-making processes.
  • myFICO.com: A direct-to-consumer subscription service offering credit scores and related tools.
  • Decision Management Solutions: Pre-configured software designed to solve specific business problems such as fraud detection, customer management, and marketing.
  • FICO Platform: A modular software offering that supports advanced analytic and decision use cases for businesses.
  • Stand-alone Analytic and Decisioning Software: Customizable software that allows businesses to configure and address a wide range of analytical and decision-making use cases.
  • Professional Services: Consulting, implementation, and support services associated with their software and platform offerings.

AI Analysis | Feedback

Fair Isaac Corporation (FICO) primarily sells its products and services to other businesses (B2B).

Based on the description of its offerings, which include decision management solutions for areas such as marketing, account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and collection, as well as business-to-business scoring solutions, FICO's major customers are typically large organizations that require sophisticated analytics and decisioning capabilities.

While specific customer company names are not provided in the background information, the primary categories of businesses that utilize FICO's services include:

  • Financial Institutions: This category encompasses banks, credit unions, credit card issuers, mortgage lenders, and other lending institutions that rely on FICO scores and software for credit risk assessment, loan origination, fraud detection, and customer lifecycle management.
  • Insurance Companies: These companies leverage FICO's analytics for risk assessment and customer management.
  • Other Large Enterprises: Businesses in sectors such as telecommunications, utilities, and retail that need to manage customer risk, optimize decisions, and prevent fraud in their operations.

AI Analysis | Feedback

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William J. Lansing, Chief Executive Officer

William J. Lansing was appointed CEO of FICO in January 2012. He previously served as CEO and President of InfoSpace and CEO and President of ValueVision Media. Mr. Lansing was also a partner at General Atlantic Partners, a global private equity firm, and held CEO positions at NBC Internet and Fingerhut, a direct marketing company. He also held leadership roles at General Electric, Prodigy, and McKinsey & Company. He has been on FICO's board of directors since February 2006.

Steven P. Weber, Executive Vice President and Chief Financial Officer

Steven P. Weber was appointed Executive Vice President and Chief Financial Officer of FICO on May 15, 2023, after serving as Interim CFO since January 2023. He joined FICO in 2003 and has held previous roles in financial planning & analysis (FP&A), treasury, tax, and investor relations. His earlier experience includes stints at Metris Companies and Foodservice News.

Nikhil Behl, President, Software

Nikhil Behl oversees FICO's global marketing strategies and initiatives, aiming to enhance brand awareness, promote the company's product portfolio, and boost customer engagement through innovative marketing techniques. He brings a strong background in technology marketing and leadership, which has been crucial in establishing FICO's position as a leader in analytics and decision management technology.

Mark R. Scadina, Executive Vice President, General Counsel and Corporate Secretary

Mark R. Scadina is responsible for FICO's legal affairs, ensuring compliance with regulatory requirements, and managing corporate governance. His prior experience includes significant roles such as EVP & General Counsel at Liberate Technologies and VP & General Counsel at InterTrust Technologies. He holds a law degree from the University of California, Berkeley, and a BS in Computer Engineering from Santa Clara University.

Richard S. Deal, Executive Vice President and Chief Human Resources Officer

Richard S. Deal leads FICO's Human Resources function, with a focus on talent attraction, engagement, development, and deployment through innovative human capital management strategies. He joined FICO in January 2001 from Arcadia Financial Ltd., where he held an executive HR role for three years. Before that, he held several senior HR positions at U.S. Bancorp, supporting its mortgage and corporate trust divisions. Mr. Deal has extensive experience in acquisition integration, building compensation and performance management systems, and developing leadership competencies. He earned a bachelor's degree from the University of Wisconsin and a master's degree in Industrial/Organizational Psychology from Purdue University.

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AI Analysis | Feedback

The key risks to Fair Isaac (FICO) are primarily concentrated around its dominant Scores segment, which faces increasing regulatory scrutiny and competitive threats, and the associated high valuation of its stock. Additionally, the company's strategic transition in its Software segment presents operational challenges.

  1. Regulatory Pressure and Intense Competition in the Credit Scoring Market: FICO's long-standing dominance, particularly in the lucrative U.S. mortgage market, is under significant pressure from regulators and competitors. The Federal Housing Finance Agency (FHFA) has allowed government-sponsored enterprises like Fannie Mae and Freddie Mac to accept alternative credit score models, such as VantageScore 4.0, alongside FICO scores. This move by the FHFA, coupled with public criticism from its director regarding FICO's pricing practices, creates a credible risk of mandated price controls or increased adoption of lower-cost alternative models. Competitors, notably VantageScore (backed by Experian, Equifax, and TransUnion), are aggressively offering their scores at significantly lower prices, aiming to erode FICO's market share and pricing power in its core Scores business.
  2. High Valuation Multiples and Investor Expectations: FICO's stock currently trades at high valuation multiples, reflecting strong investor expectations for sustained growth and market leadership. However, these elevated multiples leave little margin for error. Should FICO fail to meet these high growth expectations, or if market sentiment shifts due to increasing competitive pressures or regulatory changes impacting its core business, the stock could experience significant corrections. The sustainability of its premium valuation is directly tied to maintaining its market position and high profitability, which are currently being challenged.
  3. Operational and Strategic Transition Risks in the Software Segment: FICO is undertaking a strategic transition to shift its Software segment towards a recurring, cloud-based Software-as-a-Service (SaaS) model, centered around its FICO Platform. While this is a critical long-term growth strategy, the transition itself carries near-term operational risks. The non-platform software business has shown a decline in Annual Recurring Revenue (ARR), which is offsetting growth in the FICO Platform segment, indicating potential challenges in fully migrating customers and scaling the new model efficiently.

AI Analysis | Feedback

The increasing adoption and development of alternative credit scoring models and data sources by lenders and financial technology (fintech) companies presents a clear emerging threat to Fair Isaac.

Historically, FICO scores have been the predominant standard for assessing consumer and business creditworthiness. However, a growing number of fintech companies, challenger banks, and even some established lenders are leveraging non-traditional data points, such as rent payments, utility bills, banking transaction history, and employment data, combined with advanced machine learning algorithms to evaluate credit risk. These alternative models aim to provide more comprehensive, inclusive, or real-time credit assessments, particularly for "thin file" or "credit invisible" consumers who may not have extensive traditional credit histories.

If these alternative scoring methodologies gain significant widespread acceptance among lenders and regulators, becoming a preferred or equally viable method for credit decisions, it could lead to a reduced reliance on the traditional FICO Score. This shift could erode the market dominance and pervasive integration of FICO's core scoring products within the financial ecosystem, directly impacting its "Scores" segment and potentially its software offerings designed around traditional credit assessment.

AI Analysis | Feedback

Fair Isaac Corporation (FICO) operates within significant global markets for its main products and services. For its **Scores segment**, which includes FICO® Scores and myFICO.com offerings, the addressable market is the global credit scoring market. This market was estimated at USD 8.71 billion in 2024 and is projected to grow to USD 46.22 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 18.16% during the forecast period (2025–2034). North America is a leading region in the international credit scoring market. For its **Software segment**, which offers decision management solutions, FICO® Platform, and stand-alone analytic and decisioning software for various business problems like fraud detection and customer management, the addressable market is related to the global financial data services market. This market was valued at USD 19.76 billion in 2021 and is estimated to reach USD 52.97 billion by 2033, growing at a CAGR of 8.564% from 2025 to 2033.

AI Analysis | Feedback

Fair Isaac (FICO) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
  • Continued Strength and Strategic Evolution of the Scores Segment: FICO's core Scores segment, particularly its business-to-business (B2B) offerings, is anticipated to remain a significant revenue driver. The FICO Score is utilized by 90% of top U.S. lenders and holds substantial pricing power. Strong growth has been observed in mortgage origination revenues, with a 52% year-over-year increase in Q4 2025 and 60% in Q1 2026. The introduction of the FICO Mortgage Direct License Program, offering new pricing models and partnerships, provides market optionality and is generating considerable interest.
  • Accelerated Adoption and Growth of the FICO Platform (SaaS Migration): The company's strategic focus on migrating customers from on-premise solutions to the cloud-native FICO Platform is a key growth catalyst. The Software segment saw platform revenue growth of 17% in Q4 2025. Platform Annual Recurring Revenue (ARR) increased by 16% year-over-year in Q4 2025 and 33% in Q1 2026, indicating strong traction. This shift to a Software-as-a-Service (SaaS) model is driving higher annual contract values for transitioning customers, with cloud migrations increasing average contract value by up to 25%.
  • Innovation and New Product Development, Especially in Artificial Intelligence: FICO is investing in innovation, particularly in AI-driven solutions. The company launched its FICO Focused Foundation Model (FFM) for financial services, a generative AI model that has shown over a 35% lift in transaction analytic models for areas like fraud detection while requiring significantly fewer resources. Additionally, FICO introduced AI-assisted model development tools in 2025, which can reduce build-test-deploy times by up to 50%. New scores, such as FICO Score 10 BNPL and FICO Score 10T BNPL, integrate Buy Now, Pay Later data to provide lenders with deeper consumer insights.
  • Strategic Geographic Expansion and Diversification into New Industries: Fair Isaac is expanding its global footprint and diversifying its customer base beyond traditional banking. Demand for credit analytics is growing in emerging markets, with targeted geographic expansion in regions like Latin America and Asia-Pacific, where digital lending is rapidly scaling. By 2025, the company had expanded its presence in sectors such as telecommunications and insurance, contributing to double-digit growth in non-banking bookings in fiscal years 2024–2025 and reducing its concentration in the banking sector.

AI Analysis | Feedback

Share Repurchases

  • In March 2026, Fair Isaac authorized a new $1.5 billion share repurchase program, following the conclusion of a previous $1 billion repurchase program that was active from June 2025.
  • Fair Isaac's Board approved a stock repurchase program of up to $500 million in January 2024, after the completion of its prior stock repurchase program active since October 2022.
  • The company repurchased approximately $1.4 billion in shares during fiscal year 2025. In fiscal year 2024, 606,000 shares were repurchased at an average price of $1,366 per share, and in fiscal year 2023, 615,000 shares were repurchased at an average price of $659 per share.

Share Issuance

  • Fair Isaac's shares outstanding have shown a consistent decline over the past three fiscal years, decreasing by 2.07% in 2025, 1.14% in 2024, and 3.72% in 2023, indicating that share repurchases have significantly offset any share issuances.

Inbound Investments

No specific information is available regarding large inbound investments made in Fair Isaac by third-parties within the last 3-5 years.

Outbound Investments

No specific information is available regarding significant strategic outbound investments made by Fair Isaac in other companies within the last 3-5 years.

Capital Expenditures

Specific dollar values for Fair Isaac's capital expenditures are not readily available in the provided information. However, the company consistently invests significant resources in developing its FICO® Platform, enhancing analytic innovations, and expanding its indirect channel relationships.

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

FICOEFXTRUSPGIMCOVRSKMedian
NameFair Isa.Equifax TransUni.S&P Glob.Moodys Verisk A. 
Mkt Price1,089.76182.3969.32431.16440.79185.08308.12
Mkt Cap25.922.213.4130.178.425.725.8
Rev LTM2,0636,0744,57615,3367,7183,0735,325
Op Inc LTM9901,0958656,1763,4621,3441,220
FCF LTM7181,1346625,4562,5751,1921,163
FCF 3Y Avg6288215044,8632,325978900
CFO LTM7591,6169885,6512,9011,4361,526
CFO 3Y Avg6541,3528225,0172,6301,2111,282

Growth & Margins

FICOEFXTRUSPGIMCOVRSKMedian
NameFair Isa.Equifax TransUni.S&P Glob.Moodys Verisk A. 
Rev Chg LTM16.2%6.9%9.4%7.9%8.9%6.6%8.4%
Rev Chg 3Y Avg13.8%5.9%7.3%11.1%12.3%7.2%9.2%
Rev Chg Q16.4%9.2%13.0%9.0%13.0%5.9%11.1%
QoQ Delta Rev Chg LTM3.6%2.2%3.0%2.2%2.9%1.4%2.6%
Op Mgn LTM48.0%18.0%18.9%40.3%44.9%43.7%42.0%
Op Mgn 3Y Avg44.4%18.0%17.5%37.1%41.5%43.2%39.3%
QoQ Delta Op Mgn LTM1.0%-0.5%0.2%0.1%1.0%-0.7%0.2%
CFO/Rev LTM36.8%26.6%21.6%36.8%37.6%46.7%36.8%
CFO/Rev 3Y Avg36.2%23.7%19.4%35.5%38.0%41.9%35.9%
FCF/Rev LTM34.8%18.7%14.5%35.6%33.4%38.8%34.1%
FCF/Rev 3Y Avg34.9%14.3%11.8%34.4%33.6%33.8%33.7%

Valuation

FICOEFXTRUSPGIMCOVRSKMedian
NameFair Isa.Equifax TransUni.S&P Glob.Moodys Verisk A. 
Mkt Cap25.922.213.4130.178.425.725.8
P/S12.53.72.98.510.28.48.4
P/EBIT26.120.015.220.023.019.220.0
P/E39.333.629.429.131.928.330.6
P/CFO34.113.713.523.027.017.920.5
Total Yield2.5%3.8%4.1%4.3%4.0%4.5%4.1%
Dividend Yield0.0%0.8%0.7%0.9%0.9%1.0%0.8%
FCF Yield 3Y Avg1.6%2.9%3.1%3.2%2.8%2.9%2.9%
D/E0.10.20.40.10.10.20.2
Net D/E0.10.20.30.10.10.10.1

Returns

FICOEFXTRUSPGIMCOVRSKMedian
NameFair Isa.Equifax TransUni.S&P Glob.Moodys Verisk A. 
1M Rtn-26.1%-11.6%-11.6%-4.4%-6.2%-12.2%-11.6%
3M Rtn-33.7%-14.6%-16.7%-15.7%-11.5%-16.0%-15.9%
6M Rtn-41.1%-22.5%-10.1%-9.8%-8.7%-25.3%-16.3%
12M Rtn-34.9%-12.4%-1.9%-3.7%10.4%-34.6%-8.1%
3Y Rtn61.1%-6.5%16.8%28.2%49.2%-1.4%22.5%
1M Excs Rtn-21.4%-7.3%-6.4%1.0%-2.2%-9.8%-6.8%
3M Excs Rtn-31.7%-11.9%-15.2%-13.5%-9.7%-13.2%-13.3%
6M Excs Rtn-26.0%-25.9%-13.6%-8.2%-5.8%-23.6%-18.6%
12M Excs Rtn-58.5%-41.4%-33.7%-31.8%-22.1%-54.4%-37.6%
3Y Excs Rtn-5.4%-70.3%-44.3%-33.5%-12.1%-65.2%-38.9%

Comparison Analyses

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Scores920774707654529
Software798740671662766
Unallocated Corporate Expenses 00  
Total1,7181,5141,3771,3171,295


Operating Income by Segment
$ Mil20252024202320222021
Scores813681619561454
Software258241183105130
Unallocated restructuring charges-1  -8-45
Unallocated share-based compensation expense-149-124-115-112-94
Unallocated Corporate Expenses-187-156-143-137-145
Unallocated amortization expense -1-2-3-5
Unallocated gains on product line asset sale 2 100 
Total734643542505296


Price Behavior

Price Behavior
Market Price$1,089.76 
Market Cap ($ Bil)25.9 
First Trading Date02/25/1992 
Distance from 52W High-50.6% 
   50 Days200 Days
DMA Price$1,300.87$1,543.50
DMA Trenddowndown
Distance from DMA-16.2%-29.4%
 3M1YR
Volatility57.3%52.1%
Downside Capture1.370.99
Upside Capture54.6874.44
Correlation (SPY)22.6%31.4%
FICO Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta0.080.741.030.830.911.02
Up Beta-3.960.051.32-0.180.740.84
Down Beta-4.35-1.45-0.220.250.820.93
Up Capture73%67%34%80%65%153%
Bmk +ve Days7162765139424
Stock +ve Days12212760130415
Down Capture283%219%226%154%132%105%
Bmk -ve Days12233358110323
Stock -ve Days10213666121335

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FICO
FICO-42.6%52.6%-0.87-
Sector ETF (XLK)31.5%27.0%0.9926.4%
Equity (SPY)16.1%19.0%0.6733.0%
Gold (GLD)50.5%28.0%1.460.5%
Commodities (DBC)16.2%17.7%0.776.8%
Real Estate (VNQ)3.6%16.5%0.0437.2%
Bitcoin (BTCUSD)-21.5%44.0%-0.4212.2%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FICO
FICO16.9%39.5%0.50-
Sector ETF (XLK)16.3%24.7%0.5947.0%
Equity (SPY)11.6%17.0%0.5348.9%
Gold (GLD)21.7%17.8%1.006.5%
Commodities (DBC)11.6%18.8%0.515.8%
Real Estate (VNQ)3.3%18.8%0.0842.0%
Bitcoin (BTCUSD)3.9%56.5%0.2919.3%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FICO
FICO26.7%37.4%0.75-
Sector ETF (XLK)21.4%24.3%0.8159.0%
Equity (SPY)14.0%17.9%0.6760.6%
Gold (GLD)14.0%15.9%0.735.9%
Commodities (DBC)8.4%17.6%0.4016.1%
Real Estate (VNQ)5.2%20.7%0.2250.5%
Bitcoin (BTCUSD)66.2%66.8%1.0617.3%

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Short Interest

Short Interest: As Of Date3132026
Short Interest: Shares Quantity1.2 Mil
Short Interest: % Change Since 2282026-8.3%
Average Daily Volume0.4 Mil
Days-to-Cover Short Interest3.1 days
Basic Shares Quantity23.7 Mil
Short % of Basic Shares5.2%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
1/28/2026-1.6%-9.1%-7.6%
11/5/20252.8%9.1%8.1%
7/30/2025-6.0%-8.8%-1.4%
4/29/20251.4%5.1%-14.1%
2/4/20252.1%-0.7%0.4%
11/6/20244.1%12.3%13.5%
7/31/2024-1.3%4.3%7.1%
4/25/2024-6.9%-2.4%16.0%
...
SUMMARY STATS   
# Positive131416
# Negative11108
Median Positive2.7%6.7%9.0%
Median Negative-2.4%-4.6%-4.9%
Max Positive31.1%39.2%38.7%
Max Negative-8.4%-10.5%-14.1%

SEC Filings

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Report DateFiling DateFiling
12/31/202501/28/202610-Q
09/30/202511/07/202510-K
06/30/202507/30/202510-Q
03/31/202504/29/202510-Q
12/31/202402/04/202510-Q
09/30/202411/06/202410-K
06/30/202407/31/202410-Q
03/31/202404/25/202410-Q
12/31/202301/25/202410-Q
09/30/202311/08/202310-K
06/30/202308/02/202310-Q
03/31/202304/27/202310-Q
12/31/202201/26/202310-Q
09/30/202211/09/202210-K
06/30/202208/03/202210-Q
03/31/202204/27/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Weber, Steven PExecutive Vice President & CFODirectSell121920251810.001,4262,581,0605,075,170Form
2Manolis, EvaDirectSell121620251825.83521951,257628,086Form
3McMorris, Marc FDirectSell120120251809.53240434,287437,906Form
4Lansing, William JPresident and CEOLansing FoundationSell111220251732.882,4004,158,92118,945,619Form
5Lansing, William JPresident and CEODirectSell101620251650.171,0691,764,03169,534,841Form