FAIR ISAAC CORP is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: FICO delivered exceptional Q2 FY2026 results with revenue surging 38.7% YoY to $691.7M and operating income jumping 63.8% to $402.5M, driven by strong pricing power and software segment momentum, though the balance sheet carries deeply negative stockholders' equity due to aggressive share buybacks and elevated long-term debt of $3.64B.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew 38.7% YoY to $691.7M in Q2 FY2026, a dramatic acceleration reflecting strong demand for FICO's scoring and software solutions. Cost of revenue grew only 4.1% YoY to $91.2M, indicating significant operating leverage as revenue scales.
Operating income surged 63.8% YoY to $402.5M, pushing the operating margin to 58.2% from 49.3% a year ago — an improvement of nearly 9 percentage points. This reflects disciplined cost management with SG&A and R&D each growing only ~19.7% against 38.7% revenue growth.
Fiscal year-to-date operating cash flow reached $397.4M, up 47.8% from $268.9M in the prior-year period, demonstrating the high cash-conversion quality of FICO's business model. Free cash flow remains robust after minimal capital expenditures reflected in investing cash outflows of only $21.1M YTD.
Revenue
$691.68M
++38.69% YoY
EPS (Basic)
$11.19
++67.77% YoY
Operating Income
$402.46M
++63.84% YoY
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