Tear Sheet: Fair Isaac Corp.

Fair Isaac Corp. (FICO) reported its first-quarter fiscal 2025 results for the three months ended Dec. 31, 2024. During this period, it generated total revenue of $440.0 million, representing approximately 15% growth compared with the same period a year earlier. Revenue in its Scores segment increased 23%, primarily due to significant pricing increases in mortgage scores and higher mortgage origination volumes. The company also grew its Software segment revenue by 8%, driven mainly by a 15% increase in its on-premises and software-as-a-service (SaaS) software revenue, which, in our view is a testament to management's ?land and expand? strategy with existing software clients. Its S&P Global Ratings-adjusted EBITDA margins remained stable at 53.5% for the trailing 12 months. The company continued

...February 13, 2025 What's new: Fair Isaac Corp. (FICO) reported its first-quarter fiscal 2025 results for the three months ended Dec. 31, 2024. During this period, it generated total revenue of $440.0 million, representing approximately 15% growth compared with the same period a year earlier. Revenue in its Scores segment increased 23%, primarily due to significant pricing increases in mortgage scores and higher mortgage origination volumes. The company also grew its Software segment revenue by 8%, driven mainly by a 15% increase in its on-premises and software-as-a-service (SaaS) software revenue, which, in our view is a testament to management's "land and expand" strategy with existing software clients. Its S&P Global Ratings-adjusted EBITDA margins remained stable at 53.5% for the trailing 12 months. The company continued to generate good levels of free cash flow, which totaled $187 million for the quarter, an increase of $66 million year over year. Consistent with FICO's capital allocation...

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