Fair Isaac Corporation (FICO) Earnings Call Transcripts

Fair Isaac Corporation's Latest Earnings Call - Q3 FY2026

In Q3 2026, Fair Isaac Corporation (FICO) reported revenues of $674 million, a significant 26% increase year-over-year, and GAAP net income of $237 million, up 30%. The company raised its full-year guidance, now projecting revenues of $2.53 billion and GAAP net income of $850 million, reflecting strong performance and a positive outlook despite ongoing challenges in the mortgage market. The strong results were driven by robust growth in the Scores segment, particularly B2B scores, and a notable increase in free cash flow, which reached $370 million for the quarter.

Reported metrics

Guidance from management

FICO raised its full-year revenue guidance to $2.53 billion and GAAP net income guidance to $850 million, reflecting increased confidence in performance despite market challenges.

What management said

Yes. So with respect to the DLP, not a lot of new news. We're literally waiting on certification from one of the GSEs so that we can go live. The operational stuff is all set up, ready to go. And as we've pointed out, we have agreements already covering 60% of the reseller volume. We are also very close to signing 2 additional resellers. So that's -- we're literally waiting for their okay. The -- in terms of interest...

Well, they now have an opportunity to test the 10T data as provided by the GSEs. And although we'd like to see 10T approved sooner rather than later, there is kind of a time, an elapsed time between releasing the data and doing the analysis and then approving 10T. There's a lot of interest. And as you know from my earlier remarks today, third parties like Milliman and others have done the analysis and 10T is more pre...

What analysts pressed on

Analysts expressed concerns regarding the impact of elevated interest rates on mortgage volumes and the potential for gaming in the scoring market. There were questions about the adoption pace of the new FICO Score 10T and its competitive positioning against VantageScore.

Main topics on the call

• Revenue Growth Acceleration — FICO's Q3 revenues increased to $674 million, up 26% year-over-year. CEO Will Lansing stated, "With another strong quarter, we are increasing our fiscal 2026 guidance."
• Share Repurchase Program — FICO executed a record share repurchase, buying back $1.96 billion worth of shares, exceeding three times the historical record for a quarter. This aggressive capital return strategy signals management's confidence in th...
• Segment Performance — The Scores segment saw revenues of $459 million, a 41% increase, driven by strong B2B growth. In contrast, the Software segment's revenue grew only 2%, indicating a divergence in segment performance.
• Guidance Increase — FICO raised its full-year revenue guidance to $2.53 billion, reflecting a 20% increase year-over-year. GAAP net income guidance was also raised to $850 million, up 30%.

Read the full Fair Isaac Corporation transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 44 Fair Isaac Corporation earnings call transcripts on record, spanning January 30, 2020 to July 29, 2026. Based on this history, Fair Isaac Corporation reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

FICO

Exchange

NYSE

Country

US

Sector

Information Technology

Industry

Software

Calls on record

44

First call

January 30, 2020

Most recent

July 29, 2026

Reporting cadence

quarterly