Fair Isaac Corporation (FICO) Balance Sheet
FICO balance sheet, FY2025
September 30, 2025 · U.S. dollars$1.87B assets = $3.61B liabilities + −$1.75B equity
Liabilities exceed assets: shareholders’ equity is negative (−$1.75B).
Both columns are drawn to the same scale: what FICO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FICO financial health
Descriptive bands, not a rating. Fiscal FY2025.
FICO balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.22BFY2016 | $1.87BFY2025 | +4.8%/yr | |
| Total liabilities | $774.2MFY2016 | $3.61BFY2025 | +18.7%/yr | |
| Shareholders’ equity | $446.8MFY2016 | −$1.75BFY2025 | — | |
| Cash & short-term investments | $75.9MFY2016 | $134.1MFY2025 | +6.5%/yr | |
| Total debt | $570.6MFY2016 | $3.07BFY2025 | +20.6%/yr | |
| Net cash (debt) | −$494.7MFY2016 | −$2.94BFY2025 | −$2.4B | |
| Working capital | $21.6MFY2016 | −$144.1MFY2025 | −$165.6M | |
| Book value per share | $13.83FY2016 | −$71.08FY2025 | — | |
| Current ratio | 1.09FY2016 | 0.83FY2025 | −0.26 | |
| Debt / equity | 1.28FY2016 | 2.74FY2020 | +1.46 | |
| Shares outstanding | 32.3MFY2016 | 24.6MFY2025 | −3.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FICO assets
FICO liabilities and equity
FICO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FICO balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $134.1M | $150.7M | $136.8M | $133.2M | $195.4M | $157.4M | $106.4M | $90.0M | $105.6M | $75.9M |
| Cash & equivalents | $134.1M | $150.7M | $136.8M | $133.2M | $195.4M | $157.4M | $106.4M | $90.0M | $105.6M | $75.9M |
| Short-term investments | — | — | −$33.0M | — | — | $25.5M | — | $0 | $0 | $0 |
| Receivables | $529.1M | $426.6M | $387.9M | $322.4M | $312.1M | $334.2M | $297.4M | $266.7M | $168.6M | $167.8M |
| Inventory | $0 | $0 | $1 | $1 | $1 | $1 | $0 | $1 | $1 | $0 |
| Other current assets | $41.9M | $40.1M | $31.7M | $29.1M | $43.5M | $42.5M | $51.9M | $0 | $36.7M | $23.9M |
| Total current assets | $705.2M | $617.4M | $556.4M | $484.7M | $551.0M | $534.1M | $455.7M | $338.5M | $310.9M | $267.6M |
| Property, plant & equipment (net) | $93.9M | $68.0M | $36.7M | $54.3M | $75.2M | $104.1M | $53.0M | $48.8M | $40.7M | $45.1M |
| Goodwill & intangible assets | $783.3M | $782.8M | $774.2M | $763.1M | $792.3M | $821.6M | $817.7M | $815.4M | $825.6M | $832.0M |
| Long-term investments | $54.6M | $45.3M | $34.2M | $25.6M | $33.2M | $26.6M | $21.9M | $19.8M | $25.5M | $21.9M |
| Other non-current assets | $231.1M | $204.4M | $173.7M | $114.3M | $116.1M | $119.9M | $85.2M | $32.5M | $52.9M | $54.3M |
| Total assets | $1.87B | $1.72B | $1.58B | $1.44B | $1.57B | $1.61B | $1.43B | $1.26B | $1.26B | $1.22B |
| Liabilities | ||||||||||
| Accounts payable | $32.3M | $22.5M | $19.0M | $17.3M | $20.7M | $23.0M | $23.1M | $20.3M | $19.5M | $23.0M |
| Short-term debt | $399.5M | $26.6M | $66.3M | $49.4M | $272.1M | $95.0M | $218.0M | $235.0M | $142.0M | $77.0M |
| Deferred revenue | $187.4M | $156.9M | $136.7M | $120.0M | $105.4M | $115.2M | $111.0M | $52.2M | $55.4M | $47.1M |
| Total current liabilities | $849.2M | $380.3M | $367.7M | $331.5M | $559.2M | $414.5M | $490.8M | $422.2M | $326.7M | $246.1M |
| Long-term debt | $2.66B | $2.19B | $1.81B | $1.82B | $1.01B | $739.4M | $606.8M | $528.9M | $462.8M | $494.0M |
| Lease obligations | $19.2M | $33.5M | $23.9M | $58.6M | $53.7M | $73.2M | — | — | — | — |
| Other long-term liabilities | $108.6M | $106.3M | $83.9M | $88.9M | $110.5M | $121.2M | $46.1M | $40.2M | $39.6M | $34.1M |
| Total liabilities | $3.61B | $2.68B | $2.26B | $2.24B | $1.68B | $1.28B | $1.14B | $991.3M | $829.1M | $774.2M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $238,000 | $244,000 | $248,000 | $252,000 | $276,000 | $291,000 | $289,000 | $290,000 | $302,000 | $309,000 |
| Retained earnings (deficit) | $4.55B | $3.90B | $3.39B | $2.96B | $2.59B | $2.19B | $1.96B | $1.76B | $1.60B | $1.47B |
| Treasury stock | — | — | — | −$4.94B | −$3.86B | −$3.00B | −$2.80B | −$2.61B | −$2.30B | −$2.14B |
| Accumulated other comprehensive income | −$92.0M | −$91.6M | −$102.1M | −$124.7M | −$75.9M | −$83.0M | −$90.1M | −$76.4M | −$66.5M | −$77.0M |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | −$1.75B | −$962.7M | −$688.0M | −$801.9M | −$110.9M | $331.1M | $289.8M | $263.7M | $426.5M | $446.8M |
| Key figures | ||||||||||
| Total debt | $3.07B | $2.24B | $1.90B | $1.91B | $1.33B | $907.6M | $824.8M | $763.9M | $604.8M | $570.6M |
| Net cash (debt) | −$2.94B | −$2.09B | −$1.77B | −$1.78B | −$1.14B | −$750.2M | −$718.4M | −$673.9M | −$499.2M | −$494.7M |
| Working capital | −$144.1M | $237.1M | $188.8M | $153.3M | −$8.2M | $119.6M | −$35.1M | −$83.7M | −$15.7M | $21.6M |
| Tangible book value | −$2.53B | −$1.75B | −$1.46B | −$1.57B | −$903.2M | −$490.5M | −$527.9M | −$551.7M | −$399.1M | −$385.2M |
| Book value per share | −$71.08 | −$38.39 | −$27.12 | −$30.44 | −$3.79 | $11.06 | $9.57 | $8.46 | $13.23 | $13.83 |
| Shares outstanding | 24.6M | 25.1M | 25.4M | 26.3M | 29.3M | 29.9M | 30.3M | 31.2M | 32.2M | 32.3M |
| Current ratio | 0.83 | 1.62 | 1.51 | 1.46 | 0.99 | 1.29 | 0.93 | 0.80 | 0.95 | 1.09 |
| Quick ratio | 0.78 | 1.52 | 1.43 | 1.37 | 0.91 | 1.19 | 0.82 | 0.84 | 0.84 | 0.99 |
| Debt / equity | — | — | — | — | — | 2.74 | 2.85 | 2.90 | 1.42 | 1.28 |
| Equity / assets | −93.5% | −56.0% | −43.7% | −55.6% | −7.1% | 20.6% | 20.2% | 21.0% | 34.0% | 36.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $248.4M | $219.4M | $162.0M | $134.1M | $189.0M | $146.6M | $184.3M | $150.7M | $156.0M | $135.7M | $160.4M | $136.8M |
| Cash & equivalents | $248.4M | $219.4M | $162.0M | $134.1M | $189.0M | $146.6M | $184.3M | $150.7M | $156.0M | $135.7M | $160.4M | $136.8M |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | −$37.0M | — |
| Receivables | $592.5M | $620.0M | $495.1M | $529.1M | $454.1M | $492.5M | $350.9M | $426.6M | $437.6M | $469.0M | $367.5M | $387.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $1 | $0 | $1 |
| Other current assets | $40.6M | $61.4M | $41.7M | $41.9M | $66.7M | $85.7M | $60.7M | $40.1M | $37.5M | $36.8M | $37.4M | $31.7M |
| Total current assets | $881.6M | $900.8M | $698.8M | $705.2M | $709.8M | $724.9M | $595.8M | $617.4M | $631.1M | $641.5M | $565.3M | $556.4M |
| Property, plant & equipment (net) | $114.1M | $104.6M | $98.4M | $93.9M | $88.3M | $78.1M | $71.3M | $68.0M | $60.2M | $55.5M | $29.3M | $36.7M |
| Goodwill & intangible assets | $791.8M | $781.4M | $783.5M | $783.3M | $785.4M | $779.3M | $775.6M | $782.8M | $776.8M | $776.7M | $777.8M | $774.2M |
| Long-term investments | $56.1M | $53.0M | $55.9M | $54.6M | $50.7M | $45.4M | $45.9M | $45.3M | $44.0M | $42.7M | $38.2M | $34.2M |
| Other non-current assets | $193.8M | $208.4M | $217.5M | $231.1M | $227.7M | $208.0M | $218.0M | $204.4M | $196.6M | $186.7M | $182.9M | $173.7M |
| Total assets | $2.04B | $2.05B | $1.85B | $1.87B | $1.86B | $1.84B | $1.71B | $1.72B | $1.71B | $1.70B | $1.59B | $1.58B |
| Liabilities | ||||||||||||
| Accounts payable | $26.9M | $36.3M | $26.6M | $32.3M | $29.3M | $24.1M | $23.2M | $22.5M | $22.5M | $18.8M | $18.6M | $19.0M |
| Short-term debt | $300.0M | — | $399.7M | $399.5M | $399.3M | $15.0M | $15.0M | $26.6M | $28.1M | $29.6M | $168.6M | $66.3M |
| Deferred revenue | $205.4M | $183.2M | $173.4M | $187.4M | $171.7M | $171.8M | $165.4M | $156.9M | $149.3M | $143.5M | $146.8M | $136.7M |
| Total current liabilities | $745.2M | $405.3M | $752.1M | $849.2M | $770.6M | $343.2M | $331.3M | $380.3M | $337.2M | $315.1M | $433.1M | $367.7M |
| Long-term debt | $5.28B | $3.64B | $2.80B | $2.66B | $2.38B | $2.51B | $2.41B | $2.19B | $2.10B | $2.03B | $1.81B | $1.81B |
| Lease obligations | $15.6M | $17.6M | $17.9M | $19.2M | $21.1M | $20.8M | $20.9M | $33.5M | $31.5M | $35.1M | $27.5M | $23.9M |
| Other long-term liabilities | $106.9M | $105.5M | $113.1M | $108.6M | $108.7M | $103.4M | $107.4M | $106.3M | $96.0M | $95.0M | $77.5M | $83.9M |
| Total liabilities | $6.13B | $4.15B | $3.66B | $3.61B | $3.26B | $2.96B | $2.84B | $2.68B | $2.54B | $2.44B | $2.32B | $2.26B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $216,000 | $233,000 | $238,000 | $238,000 | $241,000 | $244,000 | $244,000 | $244,000 | $246,000 | $248,000 | $249,000 | $248,000 |
| Retained earnings (deficit) | $5.21B | $4.98B | $4.71B | $4.55B | $4.40B | $4.22B | $4.05B | $3.90B | $3.77B | $3.64B | $3.51B | $3.39B |
| Accumulated other comprehensive income | −$96.1M | −$95.5M | −$92.1M | −$92.0M | −$88.3M | −$101.3M | −$107.7M | −$91.6M | −$101.7M | −$97.6M | −$93.4M | −$102.1M |
| Total shareholders' equity | −$4.10B | −$2.10B | −$1.81B | −$1.75B | −$1.40B | −$1.12B | −$1.14B | −$962.7M | −$829.3M | −$735.7M | −$725.8M | −$688.0M |
| Key figures | ||||||||||||
| Total debt | $5.60B | $3.66B | $3.23B | $3.07B | $2.80B | $2.55B | $2.44B | $2.24B | $2.15B | $2.08B | $1.99B | $1.90B |
| Net cash (debt) | −$5.35B | −$3.44B | −$3.07B | −$2.94B | −$2.61B | −$2.40B | −$2.26B | −$2.09B | −$2.00B | −$1.94B | −$1.83B | −$1.77B |
| Working capital | $136.4M | $495.5M | −$53.3M | −$144.1M | −$60.8M | $381.7M | $264.5M | $237.1M | $293.9M | $326.4M | $132.2M | $188.8M |
| Tangible book value | −$4.89B | −$2.88B | −$2.59B | −$2.53B | −$2.18B | −$1.90B | −$1.91B | −$1.75B | −$1.61B | −$1.51B | −$1.50B | −$1.46B |
| Book value per share | −$180.47 | −$88.50 | −$75.47 | −$72.26 | −$56.86 | −$45.54 | −$45.84 | −$38.39 | −$33.15 | −$29.25 | −$28.78 | −$27.22 |
| Shares outstanding | 22.7M | 23.7M | 24.0M | 24.2M | 24.6M | 24.7M | 24.8M | 25.1M | 25.0M | 25.2M | 25.2M | 25.3M |
| Current ratio | 1.18 | 2.22 | 0.93 | 0.83 | 0.92 | 2.11 | 1.80 | 1.62 | 1.87 | 2.04 | 1.31 | 1.51 |
| Quick ratio | 1.13 | 2.07 | 0.87 | 0.78 | 0.83 | 1.86 | 1.62 | 1.52 | 1.76 | 1.92 | 1.22 | 1.43 |
| Equity / assets | −201.1% | −102.6% | −97.5% | −93.5% | −75.0% | −61.2% | −66.7% | −56.0% | −48.5% | −43.2% | −45.5% | −43.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 7, 2025); data from EODHD.
FICO financial position
At the end of fiscal 2025 (September 30, 2025), FICO had total assets of $1.9 billion (up 8.7% from a year earlier), total liabilities of $3.6 billion and shareholders' equity of -$1.7 billion. It held $134.1 million in cash and short-term investments against $3.1 billion of debt, net debt of $2.9 billion. Its current ratio was 0.83. In the latest quarter (ended June 30, 2026) total assets were $2.0 billion and equity -$4.1 billion.
Related: FICO income statement, FICO cash flow statement, FICO key metrics. See the FICO stock overview for the latest quote and news.
FICO balance sheet FAQ
What are FICO's total assets?
FICO reported total assets of $1.9 billion at the end of fiscal 2025 (September 30, 2025), compared with $1.7 billion a year earlier.
How much debt does FICO have?
FICO had $3.1 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does FICO have?
FICO held $134.1 million in cash and short-term investments at the end of fiscal 2025; with $3.1 billion of debt that is net debt of $2.9 billion.
What is FICO's book value?
FICO's shareholders' equity (book value) was -$1.7 billion at the end of fiscal 2025, or −$71.08 per share.
What is FICO's current ratio?
FICO had current assets of $705.2 million and current liabilities of $849.2 million, a current ratio of 0.83 (current liabilities exceed current assets).
How much goodwill does FICO have?
FICO carried $783.3 million of goodwill and intangible assets, 41.9% of total assets, at the end of fiscal 2025.