Fair Isaac plans to eliminate about 15% of positions

Substantially all of approximately $27.0 million in expected fourth-quarter fiscal 2026 charges are expected to result in future cash expenditures.

Rhea-AI Filing Summary

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.

0 points · 0 major

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Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

• None.

Negative

• Moderate point. Forward-looking: it has not happened yet and may not happen.The plan targets eliminating approximately 15% of positions across the company.

8-K Event Classification

Item 2.05 — Costs Associated with Exit or Disposal Activities

1 item

Item 2.05 Costs Associated with Exit or Disposal Activities Financial

The company committed to an exit plan involving layoffs, facility closures, or restructuring charges.

Key Figures

Positions in workforce-reduction plan: Approximately 15% Expected aggregate pre-tax charges: Approximately $27.0 million Expected substantial completion: End of the third quarter of fiscal 2027

3 metrics

Positions in workforce-reduction plan Approximately 15% Positions across the company slated for elimination.

Expected aggregate pre-tax charges Approximately $27.0 million Fourth quarter of fiscal 2026; employee severance and related costs.

Expected substantial completion End of the third quarter of fiscal 2027 Expected timing for substantial completion of the plan.

Key Terms

pre-tax charges, severance plan, applicable local statutory requirements, forward-looking statements

4 terms

pre-tax charges financial

"aggregate pre-tax charges of approximately $27.0 million"

Pre-tax charges are expenses a company records on its income statement before calculating income taxes; they reduce pretax profit and include items like write-downs, restructuring costs, impairments, or large legal settlements. They matter to investors because they can sharply change reported earnings in a single period, so looking past one-time or non-operational pre-tax charges helps compare underlying business performance, similar to spotting a one-off bill that temporarily cuts into a household’s monthly income.

severance plan financial

"the Company’s existing severance plan"

A severance plan is a company policy that spells out the pay, benefits and other support employees receive if their jobs are ended, voluntarily or involuntarily. For investors it matters because these plans create predictable cash costs and legal obligations—like a planned payout schedule or a shoe-box emergency reserve—and can signal how well management handles workforce changes, governance risk and future cash flow needs.

applicable local statutory requirements regulatory

"or applicable local statutory requirements"

forward-looking statements regulatory

"are forward-looking statements and are subject to risks and uncertainties"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many positions does FICO’s workforce-reduction plan affect?

The plan involves eliminating approximately 15% of positions across the company. It also calls for reducing organizational layers, simplifying the operating structure, optimizing processes and tools, and integrating AI-driven product development.

How much does FICO expect to incur in workforce-reduction charges?

Fair Isaac expects approximately $27.0 million in aggregate pre-tax charges in the fourth quarter of fiscal 2026. The charges consist of employee severance and related costs under the existing severance plan or applicable local statutory requirements, and substantially all are expected to result in future cash expenditures.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/06/2026 - 04:58 PM Accepted by SEC EDGAR 10/06/2026 - 04:58 PM Learn about SEC filing dates

FAIR ISAAC CORP false 0000814547 0000814547 2026-10-01 2026-10-01

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 1, 2026

Fair Isaac Corporation

(Exact name of registrant as specified in its charter)

Delaware		1-11689		94-1499887
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

5 West Mendenhall, Suite 105 Bozeman, Montana		59715
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code 406-982-7276

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.01 par value per share		FICO		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.05. Costs Associated with Exit or Disposal Activities.

On October 1, 2026, management of Fair Isaac Corporation (the “Company”) committed to a plan of workforce reduction by reducing the number of layers in the organization, simplifying the operating structure, optimizing processes and tools, and integrating AI-driven product development. This plan involves the elimination of approximately 15% of positions across the Company. Affected employees were notified beginning the week of October 5, 2026. The Company expects the plan to be substantially completed by the end of the third quarter of fiscal 2027.

The Company expects to incur aggregate pre-tax charges of approximately $27.0 million in the fourth quarter of fiscal 2026, consisting of employee severance and related costs calculated in accordance with the Company’s existing severance plan or applicable local statutory requirements, substantially all of which are expected to result in future cash expenditures.

Statements regarding the expected timing, scope and costs of the workforce-reduction plan are forward-looking statements and are subject to risks and uncertainties that could cause actual results to differ materially.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FAIR ISAAC CORPORATION
By:		/s/ STEVEN P. WEBER
		Steven P. Weber
		Executive Vice President and Chief Financial Officer

Date: October 6, 2026

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.1 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 17.6 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 11.0 KB