Filing Flows › Fair Isaac (FICO) › Q2 FY26
Fair Isaac (FICO) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Apr 28, 2026
Fair Isaac (FICO) reported revenue of $692M for the second quarter fiscal 2026 (Q2 FY26), +39% from a year earlier and +35% from the quarter before. Operating margin was 58.2%, net earnings $264M (38.2% of revenue).
Fair Isaac, Q2 FY26: revenue $692M (+39% year over year), operating margin 58.2%, net earnings $264M, operating cash flow $223M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $692M | +35% | +39% |
| Operating profit | $402M | +72% | +64% |
| Net earnings | $264M | +67% | +63% |
| Operating cash flow | $223M | +28% | +198% |
| Free cash flow | $214M | — | +227% |
What changed
Revenue was $691.7M in Q2 FY26, up 39% year over year and up 35% from the previous quarter. Scores was the largest line at 69% of revenue. Scores added $177.9M year over year (up 60%), 92% of the total change. Professional services declined 2%.
Operating profit was $402.5M, a 58.2% margin (up 8.9 points year over year). Of the extra revenue versus Q2 FY25, 81% reached operating profit, above the 49% margin then. Total costs grew 14% against revenue growth of 39%. The fastest-growing cost line was Research & development (+20%). Net earnings were $264.5M, up 63% year over year. The effective tax rate was 25.7%.
Operating cash flow was $223.4M (up 198% year over year), 84% of net earnings. Non-cash charges added back $3.9M of depreciation and amortization and $45.3M of share-based compensation. Working capital and other items used $90.3M. After capital expenditures ($9.0M), free cash flow as the company reports it was $214.3M.
Questions
What was Fair Isaac's revenue in the second quarter fiscal 2026?
Fair Isaac (FICO) reported revenue of $692M for the second quarter fiscal 2026 (Q2 FY26), +39% from a year earlier and +35% from the quarter before.
Was Fair Isaac profitable in the second quarter fiscal 2026?
Operating profit was $402M (58.2% of revenue) and net earnings $264M.
Source: Fair Isaac 10-Q on SEC EDGAR.