NYSE$FICO
Fair Isaac Corporation · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
FICO reported record-setting results with solid growth in scores and strong ARR growth in software for the third quarter of fiscal year 2023.
FICO announced strong Q3 fiscal year 2023 results, with revenue of $398.7 million compared to $349.0 million in the prior year period. GAAP EPS was $5.08, and non-GAAP EPS was $5.66. The company also updated its fiscal year 2023 guidance, projecting revenues of $1.50 billion and GAAP EPS of $16.90.
- Total revenues for the quarter were $398.7 million, up from $349.0 million in the prior year period.
- GAAP net income was $128.8 million, or $5.08 per share, compared to $93.5 million, or $3.61 per share, in the prior year period.
- Non-GAAP net income was $143.4 million, or $5.66 per share, compared to $115.7 million, or $4.47 per share, in the prior year period.
- Software Annual Recurring Revenue was up 20% year-over-year, with platform ARR growth of 53% and non-platform growth of 11%.
Headline financials
Revenue & EPS history
FICO · Revenue · Quarterly
$399M
Revenue by segment
FICO · $169M total across 1 segment · Q2 2021
- Scores Revenues$169M—100.0%
Forward guidance
The company is updating its previously provided guidance for fiscal 2023.
Tailwinds
- Revenues are projected to be $1.50 billion.
- GAAP Net Income is projected to be $428 million.
- GAAP EPS is projected to be $16.90.
- Non-GAAP Net Income is projected to be $500 million.
- Non-GAAP EPS is projected to be $19.70.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
+1.6%
Avg return
Earnings day
+3.5%
Avg return
5 days after
+7.1%
Avg return
30 days after
65%
44 / 68 earnings
Positive
+29.1%
Q4 2022
Best reaction
-9.4%
Q1 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +7.1% | +4.9% | +23.8% | |
| Q1 2026 | +1.3% | -13.0% | -7.6% | |
| Q4 2025 | +2.8% | +10.3% | +10.4% | |
| Q2 2025 | +1.4% | +6.1% | -12.0% | |
| Q1 2025 | +2.1% | +2.6% | +1.3% | |
| Q4 2024 | +8.3% | +16.9% | +18.0% | |
| Q3 2024 | -0.6% | -0.4% | +8.9% | |
| Q2 2024 | -6.9% | -5.0% | +16.1% | |
| Q1 2024 | -6.2% | -6.2% | +0.5% | |
| Q4 2023 | +2.6% | +7.9% | +20.9% | |
| Q3 2023 | +3.1% | +3.8% | +8.1% | |
| Q2 2023 | +1.9% | +3.5% | +10.8% | |
| Q1 2023 | +2.7% | +3.6% | +3.6% | |
| Q4 2022 | +29.1% | +31.6% | +36.6% | |
| Q3 2022 | +2.8% | +5.9% | -4.9% | |
| Q2 2022 | +4.3% | +1.3% | +11.3% | |
| Q1 2022 | +18.2% | +19.2% | +13.4% | |
| Q4 2021 | -6.4% | -3.2% | +0.9% | |
| Q3 2021 | -4.7% | -9.2% | -10.3% | |
| Q2 2021 | -2.6% | -2.8% | -3.3% | |
| Q1 2021 | -4.0% | -1.0% | -2.5% | |
| Q4 2020 | +9.6% | +9.9% | +17.7% | |
| Q3 2020 | +5.5% | +5.3% | +2.2% | |
| Q2 2020 | +8.6% | +6.4% | +23.9% | |
| Q1 2020 | -1.7% | +3.0% | -8.1% | |
| Q4 2019 | +7.2% | +7.3% | +17.1% | |
| Q3 2019 | +2.8% | -3.2% | +0.8% | |
| Q2 2019 | -3.2% | +0.2% | +6.3% | |
| Q1 2019 | +5.0% | +7.2% | +17.3% | |
| Q4 2018 | -1.4% | -1.2% | +3.1% | |
| Q3 2018 | -1.4% | -2.1% | +9.4% | |
| Q2 2018 | +5.8% | +4.5% | +8.7% | |
| Q1 2018 | +4.4% | +6.5% | +8.2% | |
| Q4 2017 | +1.9% | +4.1% | +8.5% | |
| Q3 2017 | +0.3% | -1.6% | -2.5% | |
| Q2 2017 | +1.4% | +3.3% | -0.0% | |
| Q1 2017 | -2.0% | +0.9% | +6.7% | |
| Q4 2016 | +1.1% | +0.3% | +5.6% | |
| Q3 2016 | +7.8% | +9.4% | +7.9% | |
| Q2 2016 | +1.1% | — | — | |
| Q1 2016 | +16.5% | — | — | |
| Q4 2015 | -6.5% | — | — | |
| Q3 2015 | -0.0% | — | — | |
| Q2 2015 | +2.0% | — | — | |
| Q1 2015 | -9.4% | — | — | |
| Q4 2014 | +15.0% | — | — | |
| Q3 2014 | -7.2% | — | — | |
| Q2 2014 | +5.6% | — | — | |
| Q1 2014 | -3.7% | — | — | |
| Q4 2013 | -1.0% | — | — | |
| Q3 2013 | +0.3% | — | — | |
| Q2 2013 | +0.6% | — | — | |
| Q1 2013 | +1.6% | — | — | |
| Q4 2012 | +1.4% | — | — | |
| Q3 2012 | -9.3% | — | — | |
| Q2 2012 | -1.1% | — | — | |
| Q1 2012 | -8.2% | — | — | |
| Q4 2011 | +0.3% | — | — | |
| Q3 2011 | -2.0% | — | — | |
| Q2 2011 | +0.2% | — | — | |
| Q1 2010 | -2.5% | — | — | |
| Q1 2011 | -1.0% | — | — | |
| Q2 2010 | +0.9% | — | — | |
| Q4 2008 | +0.9% | — | — | |
| Q4 2010 | +0.9% | — | — | |
| Q3 2010 | +2.2% | — | — | |
| Q4 2009 | +2.2% | — | — | |
| Q3 2009 | +2.2% | — | — |
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