Fair Isaac turns in Q1 profit beat as scores revenues shine

Fair Isaac (FICO) beat expectations for fiscal Q1 2026, with strength in its Scores segment driving both the revenue and EPS upside.

Headline results

• Revenue: about $512 million, above consensus of roughly $502 million and up from about $440 million a year earlier.

• Non‑GAAP EPS: $7.33, beating the $6.95 Zacks consensus and up from $5.79 a year ago.

• GAAP EPS: $6.61, up from $6.14 in the prior‑year quarter.​

Segment performance

• Scores revenue: about $304.5 million, up 29% year over year, driven by higher B2B pricing (especially in mortgage origination) and some volume growth, plus modest B2C gains.​

• Software revenue: about $207.5 million, up roughly 2% year over year; platform ARR grew strongly (low‑30% range) while non‑platform ARR declined.​

Guidance and market reaction

• Full‑year FY26 guidance was reaffirmed: revenue about $2.35 billion and non‑GAAP EPS about $38.17, both below current Street consensus but implying growth vs FY25.

• Despite the double beat, the stock traded down about 2% after hours, likely reflecting cautious sentiment around the lower‑than‑consensus full‑year guide rather than the quarter itself.​