Fair Isaac Corporation's Stock Analysis

Fair Isaac Corporation Issues $1 Billion in Senior Notes

Fair Isaac Corporation has successfully closed a private offering of $1.0 billion in 6.250% Senior Notes due 2034. The proceeds from this offering will be used to repay existing debt, redeem $400 million of its 5.25% Senior Notes due 2026, cover related fees, and for general corporate purposes, which may include stock repurchases. The Notes, which are senior unsecured obligations, will accrue interest at a rate of 6.250% per annum and will mature on September 15, 2034.

The Indenture governing the Notes includes various covenants that restrict the Company's ability to engage in certain transactions, such as incurring additional debt or selling assets. Noteholders have rights to require the Company to repurchase the Notes under specific conditions, particularly if the Notes are downgraded below investment grade. Events of default are also defined, including failure to make timely payments and compliance issues with the Indenture. The Notes have not been registered under the Securities Act and were sold to qualified institutional buyers and non-U.S. persons.

Mar 20, 2026 17:26:55

Fair Isaac Prices $1 Billion Senior Notes Offering for Debt Repayment

Fair Isaac Corporation announced the pricing of a private offering of $1.0 billion in 6.250% Senior Notes due 2034. The company plans to use the proceeds from this offering to repay certain existing debt, including the full redemption of $400 million of 5.25% Senior Notes due 2026, along with related fees and general corporate purposes such as potential stock repurchases. The sale is expected to close on March 20, 2026, pending customary closing conditions.

The Notes are being offered to qualified institutional buyers in reliance on exemptions from registration under the Securities Act. Fair Isaac has provided conditional notice of its intent to redeem the 2018 Senior Notes on March 26, 2026, subject to the successful issuance of the new Notes. This announcement does not constitute an offer to sell or a solicitation to buy any securities, and the Notes have not been registered under the Securities Act or any state laws.

Mar 11, 2026 17:20:33

Fair Isaac Announces $1 Billion Senior Notes Offering

Fair Isaac Corporation has initiated a private offering of $1.0 billion in Senior Notes due 2034. The proceeds from this offering will be used primarily to repay existing debt under its credit agreement, redeem $400 million of 5.25% Senior Notes due 2026, and for general corporate purposes, which may include stock repurchases.

The offering is targeted at qualified institutional buyers and is exempt from registration under the Securities Act. Fair Isaac plans to provide a conditional notice to redeem the existing Senior Notes, pending the successful issuance of the new Notes. The new Notes will not be registered and cannot be sold in the United States unless an exemption applies.

Mar 11, 2026 09:25:21

Fair Isaac Stockholders Approve Key Corporate Governance Changes

At the Annual Meeting on March 4, 2026, Fair Isaac Corporation's stockholders approved several significant amendments to the Company's Restated Certificate of Incorporation. These amendments include provisions for the exculpation of officers as allowed by Delaware law and the elimination of the supermajority voting requirement for certain corporate actions. The amendments became effective upon filing with the Delaware Secretary of State on the same day.

During the Annual Meeting, stockholders also elected all Board nominees, approved an advisory resolution on executive officer compensation, and ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal 2026. Of the 23,765,456 shares entitled to vote, 21,251,277 were represented either in person or by proxy.

Mar 05, 2026 16:11:42

Fair Isaac Reports Q1 2026 Earnings and Revenue Growth

Fair Isaac Corporation announced its financial results for the first quarter of fiscal 2026, ending December 31, 2025. The company reported a net income of $158.4 million, or $6.61 per share, compared to $152.5 million, or $6.14 per share, in the same period last year. Revenue increased by 16% to $512 million from $440 million, with significant growth in the Scores segment, which saw revenues rise to $304.5 million, a 29% increase year-over-year. B2B scoring solutions contributed to a 36% increase in revenue, while B2C solutions grew by 5% due to increased revenue from indirect channel partners.

In addition to the strong revenue performance, Fair Isaac's non-GAAP net income for the quarter was $175.6 million, with a non-GAAP EPS of $7.33, compared to $143.8 million and $5.79 in the prior year. Free cash flow for the quarter was $165.4 million, down from $186.8 million a year earlier. The company’s software annual recurring revenue increased by 5% year-over-year, with a total dollar-based net retention rate of 103%. The company reiterated its guidance for fiscal 2026, indicating expectations for continued growth.

Jan 28, 2026 16:15:33

Fair Isaac Reports Fourth Quarter Fiscal 2025 Financial Results

Fair Isaac Corporation reported its financial results for the fourth quarter of fiscal 2025, showing a net income of $155 million, or $6.42 per share, compared to $135.7 million, or $5.44 per share, in the same quarter last year. The company's revenue for the quarter reached $516 million, a 14% increase from $454 million in the prior year. The scores segment generated $311.6 million, up 25%, while software revenue remained flat at $204.2 million. Operating cash flow was slightly down at $223.7 million compared to $226.5 million in the previous year.

In terms of non-GAAP results, the company reported a net income of $187 million, or $7.74 per share, compared to $163.2 million, or $6.54 per share, in the prior year. Free cash flow for the quarter was $210.8 million, down from $219.4 million in the previous year. The company also indicated a 4% increase in Software Annual Recurring Revenue year-over-year and a total Software Dollar-Based Net Retention Rate of 102%. Fair Isaac's CEO expressed satisfaction with the fiscal year performance and indicated guidance for fiscal 2026 that suggests further growth.

Nov 05, 2025 16:19:45

FICO President of Scores to Retire in September 2025

Fair Isaac Corporation announced the retirement of James Wehmann, President of Scores, effective September 5, 2025. Wehmann has been with the company since 2012 and has held various leadership roles during his tenure. He is retiring to spend more time with family and pursue personal interests.

Following Wehmann's retirement, William Lansing, the Chief Executive Officer, will assume direct responsibility for the Scores business. Lansing expressed gratitude for Wehmann’s leadership and indicated that the Scores business is well-positioned moving forward.

Aug 28, 2025 16:30:19

Fair Isaac Reports Q3 2025 Earnings and Revenue Growth

Fair Isaac Corporation announced its financial results for the third fiscal quarter ended June 30, 2025, reporting a net income of $181.8 million, or $7.40 per share, compared to $126.3 million, or $5.05 per share, in the same quarter last year. The company achieved revenues of $536.4 million, reflecting a 20% increase from $447.8 million in the prior year. Notably, scores revenues surged by 34% to $324.3 million, driven by higher prices and increased mortgage originations, while software revenues rose by 3% to $212.1 million, primarily due to growth in Software as a Service offerings.

In addition to the strong revenue and earnings performance, Fair Isaac reported a non-GAAP net income of $210.6 million and a free cash flow of $276.2 million for the quarter. The company also indicated a positive trend in its Software Annual Recurring Revenue, which increased by 4% year-over-year. Fair Isaac is updating its guidance for the full fiscal year, reflecting confidence in its business outlook. The company plans to host a conference call to discuss these results and provide further updates.

Jul 30, 2025 16:17:18

FICO Prices $1.5 Billion in Senior Notes Offering

Fair Isaac Corporation has priced $1.5 billion in 6.000% Senior Notes due 2033 in a private offering. The Notes are senior unsecured obligations and were priced at 100% of their principal amount. The company plans to use the proceeds to repay existing debt, cover related fees, and for general corporate purposes. The closing of this sale is expected on May 13, 2025, subject to customary conditions.

The Notes are being sold to qualified institutional buyers and non-U.S. persons under specific exemptions from registration. They have not been registered under the Securities Act or any other jurisdiction's securities laws and cannot be offered or sold in the U.S. without proper registration or exemption. This press release does not constitute an offer to sell or solicit offers to buy any securities.

May 13, 2025 16:25:19

FICO Plans $1.5 Billion Senior Notes Offering

Fair Isaac Corporation announced its intention to offer $1.5 billion in Senior Notes due 2033 in a private offering. The proceeds from this offering will be used to repay existing debt under its revolving credit facility and term loans, as well as for general corporate purposes. The Notes will be sold to qualified institutional buyers and are exempt from registration under the Securities Act of 1933.

The Senior Notes will be senior unsecured obligations of FICO and have not been registered under the Securities Act or any other jurisdiction's securities laws. This press release does not constitute an offer to sell or a solicitation to buy any securities, and the Notes may not be offered or sold in the United States without proper registration or exemption.

May 08, 2025 08:50:05