FAIR ISAAC CORP (FICO)

Fair Isaac Corporation (FICO) is a global analytics software company founded in 1956. Its software and the widely used FICO Score, the standard measure of consumer credit risk in the U.S., help businesses in more than 80 countries apply analytics to decisions and execute them at scale. FICO also serves consumers through online services that let them access and understand their FICO Scores.

The business has two operating segments. The Scores segment includes business-to-business scoring solutions, which give clients predictive credit and other scores to integrate into their decision processes, and business-to-consumer offerings such as myFICO.com subscriptions with credit monitoring and identity theft monitoring. Its scores include the FICO Score (300-850 range), versions 9, 10 and 10 T, industry-specific and custom scores, the FICO Resilience Index, and alternative-data scores such as FICO Score XD and UltraFICO. The Software segment includes pre-configured solutions for fraud detection, originations, customer communication and account management, plus analytic and decisioning tools such as Decision Modeler, Blaze Advisor, Xpress Optimization, Analytics Workbench and Decision Optimizer. It also includes professional services (implementation and analytic services) and FICO Platform, a modular cloud-based analytic and decisioning environment onto which the company aims to move substantially all of its software. Software is offered as SaaS or on-premises, typically as multi-year subscriptions priced on usage. FICO Platform-based annual recurring revenue was $263.6 million at September 30, 2025, or 35% of software ARR. The company's R&D centers on predictive modeling, decision analysis and optimization, transaction profiling, and customer data integration.

Customers include banks, credit card issuers, insurers, retailers, telecommunications providers, automotive lenders, consumer reporting agencies, healthcare organizations and public agencies. Three-quarters of the largest 100 U.S. financial institutions and of the largest 100 banks worldwide use its products, as do more than 600 insurers, 300 retailers and 200 government agencies. Financial services made up 92% of fiscal 2025 revenue and the Americas 87%. Most scores are sold through Experian, TransUnion and Equifax, which together accounted for 51% of fiscal 2025 revenue. Scores are also sold directly to consumers and, outside the U.S., through consumer reporting agencies and other distributors. Software is sold mainly through a direct sales force organized by vertical and geography, with growing use of alliance partners and resellers.

FICO's market is intensely competitive. Competitors include in-house analytics teams, consumer reporting agencies, VantageScore, Credit Karma, and software and fraud vendors such as Nice Actimize, Experian, Pegasystems, SAS, ACI Worldwide, IBM, Feedzai and Featurespace. Many are larger and have greater resources. FICO does not collect or store the consumer credit data used to calculate its scores, which comes from the three U.S. consumer reporting agencies, and its cloud deployments use third-party cloud services. The text does not specify its headquarters location.