NYSE$FICO

Fair Isaac Corporation · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

FICO reported strong Q4 2021 earnings with an EPS of $3.00 and revenue of $334.6 million.

FICO announced a strong finish to fiscal year 2021, with Q4 revenues of $334.6 million compared to $374.4 million in the prior year period and an EPS of $3.00, up from $1.98 in the prior year period. The company is increasing transparency around its software business by providing additional subscription metrics. They changed their reporting segments, merging legacy Applications and Decision Management Software segments into a new Software segment and retaining its Scores segment.

  • Net income for the quarter totaled $85.7 million, or $3.00 per share, versus $59.1 million, or $1.98 per share, in the prior year period.
  • Non-GAAP EPS for the quarter was $3.92 versus $3.25 in the prior year period.
  • Software revenues were $166.0 million, compared to $221.7 million in the prior year period, a decrease of 25%.
  • Scores revenues were $168.6 million, an increase of 10% compared to $152.7 million in the prior year period.

Headline financials

Total Revenue

$335M

Previous: $374M-10.6%
EPS (adj)

$3.92

Previous: $3.25+20.6%
Capital Expenditures

$1.78M

Previous: $916K+94.0%
Free Cash Flow

$90M

Previous: $135M-33.5%
Net Income

$85.7M

Previous: $59.1M+45.0%
Operating Income

$115M

Previous: $85.5M+34.7%
Gross Profit

$262M

Previous: $281M-6.6%
Cash & Equivalents

$195M

Previous: $157M+24.1%
Total Assets

$1.57B

Previous: $1.61B-2.4%
Stock-Based Comp

$28.4M

Previous: $25.5M+11.3%

Revenue & EPS history

FICO · Revenue · Quarterly

$335M

Q4 2021-10.6%vs Q4 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

FICO · $169M total across 1 segment · Q2 2021

  • Scores Revenues
    $169M

Forward guidance

The company is providing the following guidance for fiscal 2022: Revenues of $1.35 billion, GAAP Net Income of $318 million, GAAP EPS of $11.29, Non GAAP Net Income of $397 million, Non GAAP EPS of $14.12

Tailwinds

  • Revenues $1.35 billion
  • GAAP Net Income $318 million
  • GAAP EPS $11.29
  • Non GAAP Net Income $397 million
  • Non GAAP EPS $14.12

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 Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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