Fair Isaac Corporation (FICO) Q4 2026 earnings summary

Executive summary

• Q4 FY26 revenue was $657M, up 27% YoY; FY26 revenue reached $2.535B, up 27%, marking the strongest financial year.

• Q4 non-GAAP EPS rose 43% to $11.10; FY26 non-GAAP EPS increased 44% to $42.99. FY26 free cash flow was $1.034B, up 40%.

Financial highlights

• Q4 GAAP net income was $175M, up 13%, and diluted EPS was $8.12, up 26%; FY26 GAAP net income was $835M, up 28%, and EPS was $36.32, up 37%.

• Q4 operating income was $266.6M; FY26 operating income was $1.266B.

• Q4 adjusted EBITDA was $404.6M, or 62% of revenue; FY26 adjusted EBITDA was $1.561B, also 62% of revenue.

• Q4 free cash flow was $284.3M; FY26 operating cash flow was $1.072B and free cash flow was $1.034B.

Outlook and guidance

• FY27 guidance was deferred while bespoke mortgage pricing programs are negotiated and mortgage-market volumes and pricing remain uncertain.

• Management expects very high platform growth rates in FY27, citing demand, pipeline and ACV bookings; no specific growth outlook was provided.

• FY27 operating tax rate is expected to be 26%; professional services revenue is expected to decline significantly as resources shift to distribution and other strategic needs.