Fair Isaac Corp
NYSE:FICO
Fair Isaac Corp
Fair Isaac Corporation, widely recognized by its acronym FICO, stands at the forefront of data analytics and decision management technology. Initially founded in 1956 by engineer Bill Fair and mathematician Earl Isaac, FICO began with a focus on strategies to evaluate consumer credit. Over the ensuing decades, the company evolved to become synonymous with the FICO Score—an integral tool for lenders to assess credit risk globally. This score plays a pivotal role in the financial ecosystem, influencing loan approvals, interest rates, and even insurance premiums. FICO's extensive reach into credit scoring emerged from its ability to synthesize complex datasets into a simple, yet powerful, three-digit gauge of creditworthiness.
Beyond credit scoring, Fair Isaac Corp. has diversified its offerings into sophisticated decision management solutions across various industries. It crafts predictive analytics software and tools that empower businesses to make high-stakes decisions with precision. These products range from fraud detection systems that fortify banks against the burgeoning tide of financial crimes, to marketing solutions that help firms tailor personalized customer experiences. By continuously leveraging advanced analytics and machine learning, FICO not only generates revenue through its premier scoring services but also through long-term software contracts and subscription models. This strategic expansion from the foundational FICO Score to a broad suite of data-driven products allows the company to maintain a dynamic position in the financial sector, constantly adapting to meet the evolving needs of businesses worldwide.
Fair Isaac Corporation, widely recognized by its acronym FICO, stands at the forefront of data analytics and decision management technology. Initially founded in 1956 by engineer Bill Fair and mathematician Earl Isaac, FICO began with a focus on strategies to evaluate consumer credit. Over the ensuing decades, the company evolved to become synonymous with the FICO Score—an integral tool for lenders to assess credit risk globally. This score plays a pivotal role in the financial ecosystem, influencing loan approvals, interest rates, and even insurance premiums. FICO's extensive reach into credit scoring emerged from its ability to synthesize complex datasets into a simple, yet powerful, three-digit gauge of creditworthiness.
Beyond credit scoring, Fair Isaac Corp. has diversified its offerings into sophisticated decision management solutions across various industries. It crafts predictive analytics software and tools that empower businesses to make high-stakes decisions with precision. These products range from fraud detection systems that fortify banks against the burgeoning tide of financial crimes, to marketing solutions that help firms tailor personalized customer experiences. By continuously leveraging advanced analytics and machine learning, FICO not only generates revenue through its premier scoring services but also through long-term software contracts and subscription models. This strategic expansion from the foundational FICO Score to a broad suite of data-driven products allows the company to maintain a dynamic position in the financial sector, constantly adapting to meet the evolving needs of businesses worldwide.
Strong Revenue Growth: FICO reported Q1 2026 revenue of $512 million, up 16% year-over-year, with Scores segment revenue up 29% and Software segment revenue up 2%.
Profitability: GAAP net income reached $158 million, up 4%, and GAAP EPS was $6.61, up 8% from last year. Free cash flow for the quarter was $165 million.
Guidance Maintained: Management reiterated fiscal 2026 guidance, citing strong confidence but citing macroeconomic uncertainty as reason for not raising it yet.
Scores Segment Momentum: B2B Scores revenues rose 36%, with strong growth in mortgage (up 60%), auto (up 21%), and credit card/personal loan originations (up 10%). Five major resellers have adopted the direct license program, covering 70–80% of the reseller market.
Platform and Software Growth: Platform ARR grew 33%; total software ARR rose 5%. Software ACV bookings hit a record $38 million, helped by a large international deal.
Operational Execution: Non-GAAP operating margin expanded to 54% (up 432 bps YoY). Operating expenses increased modestly, mainly due to headcount and marketing investments.
Product Innovation: FICO highlighted the upcoming launch of FICO Score 10 T and next-gen software platform capabilities, with broadening industry adoption and new use case expansion.
Management
Mark Russell Scadina is an accomplished executive known for his role at Fair Isaac Corporation (FICO), where he has served as the Executive Vice President, General Counsel, and Corporate Secretary. In his role, Scadina is responsible for leading the company's legal, compliance, and government affairs functions. His expertise in legal matters has been instrumental in guiding FICO through various corporate governance, compliance, and strategic initiatives. Before joining FICO, Mark Scadina held several significant positions that honed his expertise in legal affairs and corporate governance. He served as Executive Vice President and General Counsel at Broadcom Corporation, where he was deeply involved in the company's legal strategies and compliance programs. Scadina holds a bachelor's degree from the University of California, Berkeley, and a law degree from Stanford Law School. His extensive legal background and strategic acumen have been essential in managing and mitigating legal risks while ensuring FICO's adherence to regulatory standards. Throughout his career, Scadina has been recognized for his leadership skills and his ability to navigate complex legal landscapes, making significant contributions to the companies he has been part of.
Before joining FICO, Mark Scadina held several significant positions that honed his expertise in legal affairs and corporate governance. He served as Executive Vice President and General Counsel at Broadcom Corporation, where he was deeply involved in the company's legal strategies and compliance programs.
Scadina holds a bachelor's degree from the University of California, Berkeley, and a law degree from Stanford Law School. His extensive legal background and strategic acumen have been essential in managing and mitigating legal risks while ensuring FICO's adherence to regulatory standards.
Throughout his career, Scadina has been recognized for his leadership skills and his ability to navigate complex legal landscapes, making significant contributions to the companies he has been part of.
Michael S. Leonard is the Chief Legal Officer and Executive Vice President at Fair Isaac Corporation, commonly known as FICO. Mr. Leonard is responsible for overseeing all legal affairs of the company, including corporate governance, intellectual property, litigation, compliance, and regulatory matters. His role is vital in ensuring FICO's legal strategies align with its business objectives, managing legal risks, and providing guidance on transactions and partnerships. Before joining FICO, Michael Leonard had extensive experience in legal leadership roles, where he demonstrated a strong ability to navigate complex legal landscapes in the technology and data analytics sectors. His expertise is crucial in supporting FICO's operations and growth, while upholding the company's commitment to ethical standards and legal compliance. Additionally, Mr. Leonard's leadership in the legal department supports FICO's mission to revolutionize the use of data-driven decisions in various industries through its analytics products and services.
Before joining FICO, Michael Leonard had extensive experience in legal leadership roles, where he demonstrated a strong ability to navigate complex legal landscapes in the technology and data analytics sectors. His expertise is crucial in supporting FICO's operations and growth, while upholding the company's commitment to ethical standards and legal compliance. Additionally, Mr. Leonard's leadership in the legal department supports FICO's mission to revolutionize the use of data-driven decisions in various industries through its analytics products and services.
Amir Hermelin is an executive at Fair Isaac Corporation, commonly known as FICO. He serves as the Vice President of Product Management at the company. In this role, Hermelin is responsible for overseeing the management and development of FICO’s product offerings, driving the strategy and roadmap for its various products. With a strong background in technology and business, Hermelin has a history of working in product management and has developed expertise in leading teams to innovate and deliver value-driven solutions in the software industry. His role at FICO involves close collaboration with cross-functional teams to ensure that products meet the market demands and align with the company’s broader objectives. His professional career has been characterized by his ability to integrate technological advancements with market needs, helping FICO maintain its position as a leader in analytics and decision-management technology. Prior to his current role, Hermelin gained experience across various technology clusters, further strengthening his capability to manage product lifecycles effectively in a competitive business environment.
With a strong background in technology and business, Hermelin has a history of working in product management and has developed expertise in leading teams to innovate and deliver value-driven solutions in the software industry. His role at FICO involves close collaboration with cross-functional teams to ensure that products meet the market demands and align with the company’s broader objectives.
His professional career has been characterized by his ability to integrate technological advancements with market needs, helping FICO maintain its position as a leader in analytics and decision-management technology. Prior to his current role, Hermelin gained experience across various technology clusters, further strengthening his capability to manage product lifecycles effectively in a competitive business environment.
Richard Shawn Deal serves as the Executive Vice President and Chief Human Resources Officer at Fair Isaac Corporation, commonly known as FICO. In his role, he oversees global human resources operations, including talent acquisition, employee engagement, leadership development, and organizational strategy, ensuring that FICO attracts, develops, and retains top talent in the industry. With extensive experience in HR leadership, Richard Deal plays a pivotal role in shaping the corporate culture and driving initiatives that sustain FICO's reputation as an innovative analytics and software company. He holds a strong track record in aligning human resources with business goals effectively, contributing to FICO's success and growth in the competitive tech landscape.
John Chen is the Executive Vice President and Chief Financial Officer (CFO) of Fair Isaac Corporation (FICO). He plays a critical role in overseeing the company's financial strategies, including financial planning, analysis, and operations. With a strong background in finance and leadership, Chen brings valuable expertise to FICO, contributing to its growth and strategic direction. His responsibilities also include investor relations, reporting directly to the Chief Executive Officer (CEO) of FICO. Prior to joining FICO, Chen held various leadership positions in finance, enhancing his broad experience within the financial sector.
Michelle Beetar is a seasoned executive known for her work with Fair Isaac Corporation, also known as FICO. With a strong background in business leadership and strategy, Ms. Beetar has played a crucial role in advancing FICO’s goals in various capacities. Her expertise lies in data analytics, decision management, and the development of credit scoring systems, which are integral to FICO's core business. Throughout her career, Michelle has been recognized for her ability to drive growth and innovation within the company. She has been instrumental in fostering partnerships and enhancing client relationships, contributing significantly to FICO's reputation as a leader in predictive analytics and decision management technology. Before her time at FICO, Michelle Beetar garnered extensive experience in the technology and financial services sectors, holding various leadership roles that helped refine her skills in strategic planning and operational execution. Her educational background in business and management has further supported her ascent in the corporate world, allowing her to effectively manage teams and lead initiatives that align with organizational objectives. Overall, Michelle Beetar’s work with FICO underscores her commitment to advancing technological solutions that aid in risk management and decision-making for businesses worldwide.
Throughout her career, Michelle has been recognized for her ability to drive growth and innovation within the company. She has been instrumental in fostering partnerships and enhancing client relationships, contributing significantly to FICO's reputation as a leader in predictive analytics and decision management technology.
Before her time at FICO, Michelle Beetar garnered extensive experience in the technology and financial services sectors, holding various leadership roles that helped refine her skills in strategic planning and operational execution. Her educational background in business and management has further supported her ascent in the corporate world, allowing her to effectively manage teams and lead initiatives that align with organizational objectives.
Overall, Michelle Beetar’s work with FICO underscores her commitment to advancing technological solutions that aid in risk management and decision-making for businesses worldwide.
Ben Nelson is a seasoned executive renowned for his leadership at Fair Isaac Corporation (FICO), a company specializing in analytics software and tools, particularly its credit scoring services. As the Executive Vice President and Chief Financial Officer (CFO) of FICO, Ben Nelson plays a pivotal role in guiding the company's financial strategy and operations. He is responsible for overseeing financial planning, analysis, and reporting, along with investor relations, global operations, and strategies that support FICO’s growth objectives. Before his tenure at FICO, Nelson brought extensive experience in financial management and strategic planning from various roles in different industries. His leadership style is characterized by a strong emphasis on financial discipline, operational efficiency, and driving value for stakeholders. Known for his analytical skills and forward-thinking approach, he is instrumental in navigating FICO through changing market dynamics and ensuring sustainable growth.
Before his tenure at FICO, Nelson brought extensive experience in financial management and strategic planning from various roles in different industries. His leadership style is characterized by a strong emphasis on financial discipline, operational efficiency, and driving value for stakeholders. Known for his analytical skills and forward-thinking approach, he is instrumental in navigating FICO through changing market dynamics and ensuring sustainable growth.
Nikhil Behl serves as the Chief Marketing Officer (CMO) at Fair Isaac Corporation (FICO). In this role, he is responsible for overseeing the company's global marketing strategies and initiatives. Behl focuses on driving brand awareness, promoting the company's portfolio of products, and enhancing customer engagement through innovative marketing techniques. With a strong background in technology marketing and leadership, Behl brings extensive experience in developing strategic marketing plans that align with business objectives and foster growth. His leadership has been instrumental in positioning FICO as a leader in analytics and decision management technology. Before joining FICO, Behl held key marketing positions at various technology firms, where he successfully led efforts to expand market reach and increase brand visibility.
