Fair Isaac Reports Q3 Revenue of $674.19 Million, Up 25.7% Year-Over-Year

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Summary · why it matters

Fair Isaac reported third-quarter revenue of $674.19 million, a 25.7% increase from a year ago, while earnings per share rose to $12.18 from $8.57. Revenue fell just short of the Zacks Consensus Estimate of $679.31 million, a negative surprise of 0.75%, but EPS beat the consensus of $12.02 by 1.33%. Among key metrics, total annual recurring revenue reached $815.8 million, slightly above the $812.78 million analyst estimate, while platform ARR came in at $412.8 million versus the $370.22 million estimate. Scores revenue surged 41.5% to $458.9 million, driven by a 49% jump in business-to-business scores to $400.04 million, though software revenue of $215.29 million missed the $228.35 million estimate.

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Revenue up 25.7% and EPS beat consensus, though revenue slightly missed estimate.