Fair Isaac Corporation committed to a workforce-reduction plan that involves eliminating approximately 15% of positions across the company. The plan calls for reducing organizational layers, simplifying the operating structure, optimizing processes and tools, and integrating AI-driven product development.
Affected employees were notified beginning the week of October 5, 2026, and the company expects the plan to be substantially completed by the end of the third quarter of fiscal 2027. Fair Isaac expects approximately $27.0 million in aggregate pre-tax charges in the fourth quarter of fiscal 2026 for employee severance and related costs under its existing severance plan or applicable local statutory requirements; substantially all are expected to result in future cash expenditures.
FAIR ISAAC CORP (FICO) director Henry Tayloe Stansbury reported the exercise of 91 Restricted Stock Units into 91 shares of Common Stock on August 22, 2026. The derivative RSUs were disposed of upon conversion, and his directly held Common Stock position increased to 351 shares. Each RSU represents one share of Fair Isaac common stock and vests in three equal annual installments commencing on the reported vesting date, with vested shares delivered as soon as practicable thereafter.
FAIR ISAAC CORP (FICO) director Braden R. Kelly reported multiple option exercises involving company stock. On August 21 and 24, 2026, he exercised Non-Qualified Stock Options covering a total of 4,353 shares of common stock at exercise prices of $391.57, $455.13, and $475.46 per share. The filings show corresponding acquisitions of common shares and disposals of the exercised option positions, with no market sales of common stock reported in this Form 4.
Capital Research Global Investors, a division of Capital Research and Management Company and its affiliated investment management entities, reports beneficial ownership of 1,296,893 shares of Fair Isaac Corp. common stock on a Schedule 13G. This represents 5.6% of the 23,190,906 Fair Isaac shares believed to be outstanding as of the filing. The reporting group has sole voting power over 1,291,929 shares and sole dispositive power over 1,296,893 shares, with no shared voting or dispositive power reported.
Capital International Investors, a division of Capital Research and Management Company and affiliates, reported beneficial ownership of 1,257,692 shares of Fair Isaac Corp. common stock, representing 5.4% of the class, based on 23,190,906 shares believed outstanding. The investor has sole voting power over 1,252,652 shares and sole dispositive power over all 1,257,692 shares, with no shared voting or dispositive authority.
Fair Isaac Corp director Eva Manolis exercised 967 non-qualified stock options at an exercise price of $391.57 per share, acquiring 967 common shares, and on the same day sold those 967 shares at a weighted average price of $1,400.00 per share in multiple trades between $1,400.00 and $1,400.9999 under a Rule 10b5-1 trading plan.
Fair Isaac Corporation reported strong growth for the quarter ended June 30, 2026, with revenue of $674.2 million, up 26% year over year, and net income of $237.2 million, up 30%. Earnings benefited from the high‑margin Scores segment, where revenue rose 41% to $458.9 million, driven mainly by higher mortgage origination score pricing.
Software revenue grew 2% to $215.3 million, while Software Annual Recurring Revenue reached $815.8 million, up 10% and increasingly skewed to FICO Platform. Diluted EPS increased 41% to $10.45. Operating cash flow for the first nine months was $777.9 million. The company significantly increased leverage, with total debt rising to $5.6 billion, and returned $3.1 billion via share repurchases including a $1.5 billion accelerated share repurchase funded by a new term loan.
Fair Isaac Corporation reported strong results for its third fiscal quarter ended June 30, 2026, with revenue of $674.2 million, up 26% from $536.4 million a year earlier. GAAP net income was $237.2 million, or $10.45 per diluted share, versus $181.8 million, or $7.40, and non-GAAP EPS was $12.18 versus $8.57. Free cash flow reached $370.3 million compared with $276.2 million.
Scores revenue grew 41% to $458.9 million, led by a 49% increase in B2B scoring, while Software revenue rose 2% to $215.3 million. On June 30, 2026, Software Annual Recurring Revenue was up 10% year over year, including a 62% rise in platform ARR and a 17% decline in non-platform ARR; total Software Dollar-Based Net Retention Rate was 109%.
For fiscal 2026, the company raised guidance, targeting revenue of $2.53 billion, GAAP net income of $850 million and GAAP EPS of $36.86, with non-GAAP net income of $979 million and non-GAAP EPS of $42.43, all above its previous outlook.
FAIR ISAAC CORP Chief Accounting Officer and Vice President Michael S. Leonard reported a new equity award and updated holdings. On July 5, 2026, he received 237 restricted stock units (RSUs), each representing one share of Fair Isaac common stock, contingent on continued employment.
The RSUs vest in four equal annual installments commencing on the grant date, and vested shares will be delivered to him as soon as practicable after vesting. Following these updates, he directly holds 6,258.3852 shares of common stock, which include 12.617 shares acquired under the FICO Employee Stock Purchase Plan on February 27, 2026, plus the 237 RSUs as a separate derivative holding.