Fair Isaac Corporation (FICO) Income Statement
FICO FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsFICO revenue and net income
Where FICO's revenue goes
FY2025Each bar shows an amount and its share of revenue. FICO kept 32.7% of revenue as net income.
FICO profit margins
FICO growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +15.9% | +13.1% | +9.0% | +9.0% |
| Gross profit | +19.6% | +15.0% | +11.9% | +11.2% |
| Operating income | +26.1% | +19.5% | +25.6% | +21.0% |
| Net income | +27.1% | +20.4% | +22.5% | +22.4% |
| EPS (diluted) | +21.8% | +18.8% | +24.2% | +21.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FICO quarterly EPS vs estimates
FICO beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 4, 2026 (estimate $9.22).
FICO income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.99B | $1.72B | $1.51B | $1.38B | $1.32B | $1.29B | $1.16B | $1.03B | $932.2M | $881.4M |
| Cost of revenue | $353.7M | $348.2M | $311.1M | $302.2M | $332.5M | $361.1M | $336.8M | $310.7M | $287.1M | $265.2M |
| Gross profit | $1.64B | $1.37B | $1.20B | $1.08B | $984.1M | $933.4M | $823.2M | $721.8M | $645.0M | $616.2M |
| Research & development | $188.3M | $171.9M | $159.9M | $146.8M | $171.2M | $166.5M | $149.5M | $128.4M | $110.9M | $103.7M |
| Sales, general & admin | $513.0M | $462.8M | $400.6M | $383.9M | $389.4M | $420.9M | $414.1M | $376.9M | $342.9M | $328.9M |
| Total operating expenses | $712.3M | $635.7M | $559.7M | $532.7M | $478.6M | $637.5M | $569.7M | $511.9M | $465.2M | $446.6M |
| Operating income | $924.9M | $733.6M | $642.8M | $542.4M | $505.5M | $296.0M | $253.5M | $175.4M | $182.2M | $169.6M |
| Interest income | — | — | — | — | — | — | $39.8M | $31.3M | $25.8M | $26.6M |
| Interest expense | $133.6M | $105.6M | $95.5M | $69.0M | $40.1M | $42.2M | $39.8M | $31.3M | $25.8M | $26.6M |
| Income before taxes | $802.6M | $642.0M | $553.6M | $471.3M | $473.1M | $257.0M | $216.1M | $188.0M | $151.3M | $144.6M |
| Income taxes | $150.6M | $129.2M | $124.2M | $97.8M | $81.1M | $20.6M | $23.9M | $45.6M | $23.1M | $35.1M |
| Net income | $651.9M | $512.8M | $429.4M | $373.5M | $392.1M | $236.4M | $192.1M | $142.4M | $128.3M | $109.4M |
| EBITDA | $951.2M | $761.5M | $663.8M | $560.7M | $538.8M | $329.5M | $287.4M | $218.4M | $218.3M | $202.8M |
| EPS (diluted) | $28.91 | $23.74 | $19.71 | $17.25 | $13.10 | $9.77 | $7.52 | $6.24 | $4.89 | $4.81 |
| Gross margin | 82.2% | 79.7% | 79.4% | 78.1% | 74.7% | 72.1% | 71.0% | 69.9% | 69.2% | 69.9% |
| Operating margin | 46.5% | 42.7% | 42.5% | 39.4% | 38.4% | 22.9% | 21.9% | 17.0% | 19.5% | 19.2% |
| Net margin | 32.7% | 29.9% | 28.4% | 27.1% | 29.8% | 18.3% | 16.6% | 13.8% | 13.8% | 12.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $674.2M | $691.7M | $512.0M | $515.8M | $536.4M | $498.7M | $440.0M | $453.8M | $447.8M | $433.8M | $382.1M | $389.7M |
| Cost of revenue | $87.0M | $91.2M | $87.3M | $91.2M | $87.6M | $87.6M | $87.3M | $89.6M | $88.5M | $87.2M | $83.5M | $82.8M |
| Gross profit | $587.2M | $600.5M | $424.7M | $424.6M | $448.8M | $411.1M | $352.6M | $364.2M | $359.3M | $346.6M | $298.6M | $306.9M |
| Research & development | $53.7M | $53.9M | $49.9M | $51.0M | $47.2M | $45.0M | $45.1M | $44.2M | $44.2M | $40.9M | $42.6M | $41.6M |
| Sales, general & admin | $170.8M | $144.1M | $140.7M | $125.5M | $139.1M | $120.4M | $128.0M | $122.8M | $124.9M | $110.9M | $104.3M | $99.3M |
| Total operating expenses | $224.5M | $198.0M | $190.6M | $187.4M | $186.3M | $165.5M | $173.1M | $167.1M | $169.4M | $152.0M | $147.2M | $141.2M |
| Operating income | $362.6M | $402.5M | $234.0M | $237.2M | $262.5M | $245.6M | $179.5M | $197.2M | $190.3M | $194.8M | $151.4M | $165.7M |
| Interest expense | $59.9M | $44.6M | $42.0M | $39.9M | $32.9M | $31.4M | $29.5M | $28.5M | $26.9M | $26.1M | $24.2M | $24.3M |
| Income before taxes | $314.7M | $356.0M | $191.9M | $202.5M | $237.0M | $213.0M | $150.1M | $171.4M | $167.3M | $172.7M | $130.6M | $140.5M |
| Income taxes | $77.5M | $91.6M | $33.6M | $47.4M | $55.2M | $50.4M | −$2.4M | $35.7M | $41.1M | $42.9M | $9.5M | $39.0M |
| Net income | $237.2M | $264.5M | $158.4M | $155.0M | $181.8M | $162.6M | $152.5M | $135.7M | $126.3M | $129.8M | $121.1M | $101.4M |
| EBITDA | $378.8M | $404.5M | $238.0M | $246.4M | $273.9M | $247.8M | $183.2M | $203.7M | $198.0M | $202.2M | $157.6M | $167.8M |
| EPS (diluted) | $10.47 | $12.50 | $7.33 | $6.74 | $8.57 | $7.81 | $5.79 | $6.54 | $6.25 | $6.14 | $4.81 | $5.01 |
| Gross margin | 87.1% | 86.8% | 83.0% | 82.3% | 83.7% | 82.4% | 80.1% | 80.3% | 80.2% | 79.9% | 78.2% | 78.7% |
| Operating margin | 53.8% | 58.2% | 45.7% | 46.0% | 48.9% | 49.3% | 40.8% | 43.4% | 42.5% | 44.9% | 39.6% | 42.5% |
| Net margin | 35.2% | 38.2% | 30.9% | 30.1% | 33.9% | 32.6% | 34.7% | 29.9% | 28.2% | 29.9% | 31.7% | 26.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FICO's financial statements (latest annual report filed November 7, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FICO financial results
In fiscal year 2025 (ended September 30, 2025), FICO reported revenue of $2.0 billion, up 15.9% from the year before. It had net income of $651.9 million (up 27.1%), a net profit margin of 32.7%. Diluted earnings per share came to $28.91. Over five years revenue grew at an average rate of 9.0% a year.
See the FICO stock overview for the latest quote and news, or the FICO chart for price history and technical indicators.
FICO income statement FAQ
What is FICO's annual revenue?
FICO reported total revenue of $2.0 billion for fiscal year 2025, which ended on September 30, 2025. That was up 15.9% from $1.7 billion the previous year.
Is FICO profitable?
Yes. FICO reported net income of $651.9 million in fiscal 2025, a net profit margin of 32.7%; its operating margin was 46.5%.
What is FICO's gross margin?
FICO's gross margin was 82.2% in fiscal 2025: for every $100 of revenue, FICO kept $82 after the direct cost of its products and services.
How much does FICO spend on research and development?
FICO spent $188.3 million on research and development in fiscal 2025, 9.5% of revenue.
How fast is FICO growing?
Revenue grew 9.0% a year on average over the last five fiscal years, from $1.3 billion to $2.0 billion.
What are FICO's earnings per share?
FICO earned $28.91 per diluted share in fiscal 2025, compared with $23.74 a year earlier.
When will FICO report its next earnings?
FICO is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does FICO's fiscal year end?
FICO's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on November 7, 2025.