Slide 1: Investor Presentation Q2 FY2026
Investor Presentation Q2 FY2026 April 28, 2026 1
Slide 2: Presenters
Presenters Will Lansing Steve Weber Dave Singleton Chief Executive Officer Chief Financial Officer VP Investor Relations 2
Slide 3: Forward-looking Statements / Non-GAAP Financial Measures
Forward-looking Statements / Non-GAAP Financial Measures Certain statements made in this presentation are forward-looking under the Private Securities Litigation Reform Act of 1995. Those statements involve many risks and uncertainties that could cause actual results to differ materially. Informatio
Slide 4: Key Business Updates
Key Business Updates Will Lansing Chief Executive Officer
Slide 5: Strong top and bottom-line growth
FICO – Current Quarter Key Financial Takeaways Strong top and bottom-line growth 1. Revenues • $692M FICO revenues, +39% YoY • $475M Scores revenues, +60% YoY driven by B2B mortgage revenue • $217M Software revenues, +7% YoY with +54% Platform growth. Non-Platform decline 12% primarily driven from m
Slide 6: FICO driving sustained revenue growth
FICO – Revenue Trending FICO driving sustained revenue growth Revenue ($M) 692 499 536 516 512 217 Software 202 212 204 207 Scores Growth 475 Driven by growth in B2B Scores Scores 297 324 312 305 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 YoY% Software 2% 3% 0% 2% 7% Software Growth Driven by growth in Scores 25
Slide 7: Scores - Business Overview
Scores - Business Overview FICO® Score is the US industry standard measure of consumer credit risk for over 35 years Business to Business (B2B) Business to Consumer (B2C) Used by 90% of top US Lenders* Strong US brand awareness Mortgage Auto Cards myFICO.com Open Access Licensing • *Includes all len
Slide 8: FICO Mortgage Direct Licensing Program
Scores - Business Update FICO® Mortgage Direct Licensing Program allows tri-merge resellers to calculate and distribute FICO® Scores directly to lenders Reseller & Lender Benefits Pricing Optionality Reseller Adoption Pricing transparency PERFORMANCE MODEL Engaged with resellers for credit scores Cl
Slide 9: FICO Score 10T is the logical choice for market participants
Scores – Business Update FICO® Score 10T is the logical choice for market participants Agency AFTER Non- Credit Scoring Most Predictive Trended, Backward CURRENT Agency Initiative and Inclusive Score Rental, Telco, compatible with implementation and Utility Data prior FICO® Scores complete 18% more
Slide 10: Updated pricing and continued innovation
Scores – Current Quarter Business Update Updated pricing and continued innovation UPDATED PRICING PRODUCT LAUNCH NEW REPORT FICO® Score 10T via the FICO myFICO Launches New Mortgage Launch of FICO® Score Credit Mortgage Direct License Program is Score Simulator to Help Consumers Insights, Spring 202
Slide 11: Software – Platform Overview: AI-Native Decisioning Platform
Software – Platform Overview The AI-Native Decisioning Platform Built for the Most Consequential Decisions FICO® Platform is purpose-built to operationalize AI at enterprise scale — KEY METRICS embedding machine learning models, predictive scores, and decision logic directly into live, regulated, mi
Slide 12: What Value Do We Bring?
Software – Platform Overview What Value Do We Bring? The Enterprise Challenge The Status Quo Fails The FICO Answer Enterprises sit on vast oceans of Point solutions solve single problems in FICO® Platform connects every signal, customer data — but most decisions are isolation. No one connects the si
Slide 13: Software – AI Moats
Software – AI Moats FICO® Platform is the agentic-by-design, trusted engine for AI-powered decisioning 10B+ 200+ 9,000 136% Consumer credit decisions Patents, including in responsible AI Financial institutions participating in Platform Segment influenced annually by FICO and applied intelligence fra
Slide 14: FICO continues to earn industry recognition for its innovations
Software – Current Quarter Business Update FICO continues to earn industry recognition for its innovations RECOGNITION STAKEHOLDER EVENT FICO Recognized in the 2026 Gartner® Critical Capabilities Report for Decision Intelligence Platforms This recognition follows FICO’s recent recognition as Leader
Slide 15: Financial Performance
Financial Performance Steve Weber Chief Financial Officer
Slide 16: B2B drives Scores revenue growth
Scores – Current Quarter Leading Indicators B2B drives Scores revenue growth Scores Segment Revenues ($M) Total Scores B2B B2C +60% +72% +5% B2B Growth 475 Mainly driven by higher 418 mortgage origination scores unit price and an increase in volume 297 of mortgage originations 242 55 57 B2C Growth M
Slide 17: B2B Revenue driven mainly by Mortgage
Scores – Financial Trends B2B Revenue driven mainly by Mortgage, but also by other business lines Revenue Segment Mix ($M) B2B Revenue Mix ($M) Origination Scores Growth (YoY%) 475 127% 57 Mortgage 324 312 305 118 297 53% 60% 52% B2C 56 56 56 48% 55 Rest 418 of B2B 110 125 115 122 Auto Loans B2B 268
Slide 18: Continuous trend of strong ACV Bookings growth
Software – Financial Trends Continuous trend of strong ACV Bookings growth Current Quarter ACV Bookings ACV Bookings TTM ($M) Land and Expand strategy 125 execution continues through $28.4M 119 expanded Sales headcount and 102 Global coverage, new Sales Includes: 93 92 leadership, and incremental So
Slide 19: FICO Platform drives ARR and DBNRR growth
Software – Financial Trends FICO® Platform drives ARR and DBNRR growth Annual Recurring Revenue (ARR) ($M) Dollar-based Net Retention Rate (DBNRR) 747 766 789 715 739 136% Platform Platform ARR 235 254 264 303 349 122% 115% 112% 110% 109% Non-Platform Total 480 485 484 463 440 103% 102% 103% ARR 102
Slide 20: Revenue growth acceleration driven by FICO Platform penetration
Software – Financial Trends Revenue growth acceleration driven by FICO® Platform penetration Revenue Segment Mix ($M) Revenue Type Mix ($M) 212 205 207 217 212 205 207 217 202 202 Professional 17 Professional 17 Services 18 24 22 19 Services 18 24 22 19 56 61 65 74 87 73 79 Platform On-Premises 82 8
Slide 21: FICO – Operating Expenses
FICO – Operating Expenses Trending Operating Expenses driven mainly by Personnel and Marketing spend Operating Expenses* ($M) 274 278 289 253 268 COGS • SG&A fluctuations driven by personnel expense 88 87 91 88 91 and FICO World marketing spend (Q3’25) 50 54 R&D 47 51 45 • R&D growth over time drive
Slide 22: FICO driving sustained long term Operating Margin
FICO – Non-GAAP Operating Margin FICO driving sustained long term Operating Margin Non-GAAP Operating Margin (%) Non-GAAP Operating Margin (%) 10 yr Annual Trend Quarterly Trend 65% 58% 57% 55% 54% 54% 51% 51% 48% 40% 34% 30% 27% 27% 26% FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 Q2
Slide 23: Share repurchases a key component of capital allocation strategy
FICO – Capital Allocation Share repurchases a key component of capital allocation strategy Free Cash Flow vs Share Repurchase Expense Leverage Ratio 4Q Rolling (in Millions) Net Debt / EBITDA Free Cash Flow Share Repurchase Expense Consistent Leverage Ratio range 3.0 $2,000 $1,500 2.5 $1,000 $500 $0
Slide 24: FICO Raises FY2026 Guidance
FICO - Raises FY2026 Guidance PREVIOUS UPDATED Revenues $2.35B $2.45B (+23% YoY) GAAP Net Income $795M $825M (+27% YoY) GAAP Earnings Per Share $33.47 $35.60 (+34% YoY) Non-GAAP Net Income $907M $946M (+29% YoY) Non-GAAP Earnings per Share $38.17 $40.45 (+35% YoY) 24
Slide 25: Definitions
Definitions Annual Contract Value Bookings (ACV Bookings) Average annualized value of software contracts signed in the current reporting period that generate current and future on-premises and SaaS software revenue. We only include contracts with an initial term of at least 24 months and exclude per
Slide 26: Segment Profitability
Segment Profitability Segment Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 QoQ $ QoQ % YoY $ YoY % (In Millions) Scores Revenue $ 297.0 $ 324.3 $ 311.6 $ 304.5 $ 475.0 $ 170.4 56% $ 177.9 60% Operating Expenses (32.1) (39.6) (38.8) (36.7) (42.5) (5.8) 16% (10.4) 33% Scores Operating Income 265.0 284.7 272.8 267.9
Slide 27: Balance Sheet
Balance Sheet (In millions) Q2-25 Q1-26 Q2-26 YoY Var QoQ Var ASSETS Cash & Investments $ 192.0 $ 217.9 $ 272.5 42% 25% Accounts Receivable & Other Current Assets 578.3 536.8 681.3 18% 27% Goodwill 779.3 783.5 781.4 0% 0% Other 286.2 316.0 313.0 9% -1% Total Assets $ 1,835.8 $ 1,854.2 $ 2,048.2 12%
Slide 28: Statements of Cash Flows
Statements of Cash Flows FAIR ISAAC CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Six Months Ended March 31, 025, (Gu thousands) Cash flows from operating activities: ‘Net income $ 422.831 $ 315.143 Adjustments to reconcile net income to net cash provided by operating activ
Slide 29: Statements of Income
Statements of Income FAIR ISAAC CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) Quarter Ended March 31, Six Months Ended March 31, 2026 2025 2026 2025 Gn thousands, except per share data) Revenues: ‘On-premises and SaaS software S$ 199.231 $ 183,826 $ 387.452 $ 369,837 Profession
Slide 30: Regulation G Schedule
Regulation G Schedule FAIR ISAAC CORPORATION Supplemental Non-GAAP Financial Measures Ga thousands except per share data) (Unaudited) ‘The following is a reconciliation of the company’s GAAP to Non-GAAP items. ‘Quarter Ended Quarter Ended Quarter Ended! Quarter Ended’ Quarter Ended ‘March 31, Decemb
Slide 31: Reconciliation of Non-GAAP Guidance
Reconciliation of Non-GAAP Guidance 31