Fair Isaac Corporation · NYSE:FICO
Fair Isaac — Q2 2025 Earnings Presentation
14 slides from Fair Isaac's earnings presentation, Apr 29, 2025
Slide 1: Q2 25 Financial Highlights
Fair Isaac Corporation Q2 25 Financial Highlights March 31, 2025 © 2022 Fair Isaac Corporation. Confidential. This presentation is provided for the recipient only and cannot be reproduced or shared without Fair Isaac Corporation’s express consent.
Slide 2: Q2 2025 Financial Highlights
Q2 2025 FINANCIAL HIGHLIGHTS Metric Q2- 24 Q1- 25 Q2- 25 % Q/Q % Y/Y (In millions, except for EPS) Scores Revenues $236.9 $235.7 $297.0 26% 25% Software Revenues $196.9 $204.3 $201.7 -1% 2% Total Revenues $433.8 $440.0 $498.7 13% 15% Software ARR $697.0 $729.3 $714.6 -2% 3% Software ACV Bookings $16
Slide 3: Key Operating Results
KEY OPERATING RESULTS ( In m illio n s , e xc e p t fo r EP S) Revenues ACV Bookings $500 $30 $450 $25 $400 $20 $350 $498.7 $15 $300 $433.8 $447.8 $453.8 $440.0 $27.5 $10 $22.1 $21.2 $21.8 $250 $16.8 $200 $5 $150 $0 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Adjusted EBITDA GAAP EPS
Slide 4: Revenue Type Mix
REVENUE TYPE MIX (In millions) $498.7 $500 $447.8 $453.8 $450 $433.8 $440.0 Scores $400 $297.0 $350 $241.4 $249.2 $235.7 $236.9 $300 Professional Services $250 $200 $22.6 $22.9 $18.3 $17.9 $19.7 On-Premises $150 and SaaS Software $100 $183.8 $186.0 $183.8 $177.2 $181.7 $50 $0 Q2-24 Q3-24 Q4-24 Q1-25
Slide 5: Expense Review
EXPENSE REVIEW (In millions) $300 $257.3 $256.5 $260.4 $253.1 $238.7 $4.3 $4.0 $5.3 $250 $4.5 $3.7 $47.3 $51.5 $49.2 $45.5 $41.5 Travel & $200 Entertainment $30.5 $30.9 $31.5 $32.4 $28.8 Materials & $150 Services Equipment, $100 Facilities $175.2 $170.1 $174.4 $170.7 $164.7 $50 Personnel $0 Q2-24 Q3
Slide 6: Scores Highlights
SCORES HIGHLIGHTS Total Scores revenues up 25% vs. Q2 24 B2B revenue up 31% vs. Q2 24 B2C revenue up 6% vs. Q2 24 Mortgage Originations revenues up 48% vs. Q2 24 Auto Originations revenues up 16% vs. Q2 24 Card, Personal Loan and Other Originations revenues up 1% vs. Q2 24 © 2025 Fair Isaac Corporat
Slide 7: Software ARR
SOFTWARE ARR June 30, September 30, December 31, March 31, June 30, September 30, December 31, March 31, 2023 2023 2023 2024 2024 2024 2024 2025 (In millions) ARR Platform $ 164.1 $ 173.2 $ 190.3 $ 201.4 $ 215.1 $ 227.0 $ 227.7 $ 234.7 Non-Platform 481.8 496.2 497.4 495.6 494.5 494.2 501.6 479.9 Tot
Slide 8: Software DBNRR
SOFTWARE DBNRR June 30, September 30, December 31, March 31, June 30, September 30, December 31, March 31, 2023 2023 2023 2024 2024 2024 2024 2025 DBNRR Platform 142% 145% 136% 126% 124% 123% 112% 110% Non-Platform 109% 111% 108% 106% 101% 99% 100% 96% Total 117% 120% 114% 112% 108% 106% 105% 102% D
Slide 9: Software ACV Bookings
SOFTWARE ACV BOOKINGS Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 (In millions) Total ACV Bookings $ 21.1 $ 28.0 $ 18.3 $ 16.8 $ 27.5 $ 22.1 $ 21.2 $ 21.8 Annual Contract Value Bookings (ACV Bookings) are the average annualized value of software contracts signed in the current reporting period t
Slide 10: Adjusted EBITDA & Free Cash Flow
ADJUSTED EBITDA & FREE CASH FLOW (In millions) Adj. EBITDA Free Cash Flow $300 $250 $200 $150 $287.8 $236.7 $236.8 $242.2 $219.4 $223.1 $100 $205.7 $186.8 $50 $61.6 $65.5 $0 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 © 2025 Fair Isaac Corporation. Confidential. This presentation is provided for the recipient onl
Slide 11: Balance Sheet Review
BALANCE SHEET REVIEW (In millions) Q2-24 Q1-25 Q2-25 YoY Var QoQ Var ASSETS Cash & Investments $ 177.1 $ 230.2 $ 192.0 8% -17% Accounts Receivable & Other Current Assets 505.8 411.6 578.3 14% 41% Goodwill & Intangibles, net 776.7 775.6 779.3 0% 0% Other 243.5 289.2 286.2 18% -1% Total Assets $ 1,703
Slide 12: Segment Profitability
SEGMENT PROFITABILITY Segment Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 QoQ $ QoQ % YoY $ YoY % (In Millions) Scores Revenue $ 236.9 $ 241.5 $ 249.2 $ 235.7 $ 297.0 $ 61.4 26% $ 60.2 25% Operating Expenses (24.7) (28.5) (29.7) (31.9) (32.1) (0.2) 1% (7.4) 30% Scores Operating Income 212.2 213.0 219.5 203.8 265.
Slide 13: FY2025 Guidance
FY2025 GUIDANCE Revenues – $1.98 billion GAAP Net Income – $624 million GAAP Earnings per Share – $25.05 Non-GAAP Net Income – $712 million Non-GAAP Earnings per Share – $28.58 © 2025 Fair Isaac Corporation. Confidential. This presentation is provided for the recipient only and cannot be reproduced
Slide 14: Fair Isaac Corporation
Fair Isaac Corporation Q2 25 Financial Highlights March 31, 2025 © 2022 Fair Isaac Corporation. Confidential. This presentation is provided for the recipient only and cannot be reproduced or shared without Fair Isaac Corporation’s express consent. © 2025 Fair Isaac Corporation. Confidential. This pr