Fair Isaac Corporation ( (FICO) ) has released its Q2 earnings. Here is a breakdown of the information Fair Isaac Corporation presented to its investors.
Fair Isaac Corporation, known as FICO, is a leading analytics software company specializing in predictive analytics and data science to enhance decision-making across various industries, including financial services, insurance, and telecommunications. The company is renowned for its FICO Score, a standard measure of consumer credit risk used by top U.S. lenders.
In its second quarter of fiscal 2025, FICO reported robust financial performance with earnings of $6.59 per share and a revenue of $499 million, marking a significant increase from the previous year. The company continues to demonstrate strong growth, particularly in its scoring solutions and software segments.
Key financial highlights include a 15% increase in revenue compared to the previous year, driven by a 25% rise in scores revenue and a modest 2% growth in software revenue. The company’s net income rose to $162.6 million, reflecting a substantial improvement from the prior year. Non-GAAP results also showed a positive trend, with net income reaching $192.7 million and earnings per share at $7.81.
FICO’s strategic focus on enhancing its analytics and digital decisioning technology has contributed to its sustained growth. The company reported a 31% increase in business-to-business scoring solutions and a 6% rise in business-to-consumer solutions. The software segment saw a 17% growth in platform annual recurring revenue, despite a slight decline in non-platform ARR.
Looking ahead, FICO reiterates its fiscal 2025 guidance, anticipating double-digit growth in both revenue and earnings. The company remains committed to leveraging its innovative solutions to drive profitability and customer satisfaction across its diverse client base.