Selected Financial Data
since 2005
Income Statement
Fair Isaac Corp., selected items from income statement, long-term trends
US$ in thousands
| 12 months ended: | Revenues | Operating income | Net income |
|---|---|---|---|
| Sep 30, 2024 | 1,717,526) | 733,629) | 512,811) |
| Sep 30, 2023 | 1,513,557) | 642,830) | 429,375) |
| Sep 30, 2022 | 1,377,270) | 542,414) | 373,541) |
| Sep 30, 2021 | 1,316,536) | 505,489) | 392,084) |
| Sep 30, 2020 | 1,294,562) | 295,969) | 236,411) |
| Sep 30, 2019 | 1,160,083) | 253,548) | 192,124) |
| Sep 30, 2018 | 1,032,475) | 206,437) | 142,415) |
| Sep 30, 2017 | 932,169) | 177,200) | 128,256) |
| Sep 30, 2016 | 881,356) | 169,592) | 109,448) |
| Sep 30, 2015 | 838,781) | 137,505) | 86,502) |
| Sep 30, 2014 | 788,985) | 161,868) | 94,879) |
| Sep 30, 2013 | 743,444) | 161,593) | 90,095) |
| Sep 30, 2012 | 676,423) | 168,358) | 92,004) |
| Sep 30, 2011 | 619,683) | 127,337) | 71,562) |
| Sep 30, 2010 | 605,643) | 113,349) | 64,457) |
| Sep 30, 2009 | 630,735) | 116,747) | 65,102) |
| Sep 30, 2008 | 744,842) | 122,283) | 83,952) |
| Sep 30, 2007 | 822,236) | 148,474) | 104,650) |
| Sep 30, 2006 | 825,365) | 152,723) | 103,486) |
| Sep 30, 2005 | 798,671) | 193,011) | 134,548) |
Based on: 10-K (reporting date: 2024-09-30), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
The financial performance from 2005 to 2024 is characterized by two distinct phases: a period of contraction and stagnation between 2005 and 2010, followed by a sustained and accelerating growth trajectory from 2011 through 2024.
- Revenue Trends
- Revenues experienced a notable decline in the first half of the period, falling from 798.6 million in 2005 to a low of 605.6 million in 2010. Following this trough, a consistent upward trend emerged. Revenue growth accelerated significantly after 2018, with a sharp increase observed between 2022 and 2024, where revenues rose from 1.377 billion to 1.717 billion.
- Operating Income and Efficiency
- Operating income followed a similar U-shaped trajectory to revenue but demonstrated a more aggressive expansion in later years. After declining from 193 million in 2005 to 113.3 million in 2010, operating income grew steadily until 2019. A substantial shift in operational leverage is evident from 2020 onward, with operating income jumping from 295.9 million in 2019 to 733.6 million by 2024. This indicates that operating profit grew at a significantly faster rate than revenue, reflecting substantial margin expansion.
- Net Income and Profitability
- Net income mirrored the operational trends, decreasing from 134.5 million in 2005 to 64.4 million in 2010. The recovery phase began in 2011, with net income showing steady gains until 2019. A period of rapid acceleration occurred between 2020 and 2024, during which net income more than doubled, rising from 236.4 million to 512.8 million. The divergence between the growth rates of revenue and net income suggests a significant improvement in overall bottom-line profitability over the two-decade span.
Overall, the data reveals a transition from a period of diminished scale and profitability to a high-growth phase characterized by expanding margins and strong earnings acceleration.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?
Balance Sheet: Assets
Fair Isaac Corp., selected items from assets, long-term trends
US$ in thousands
| Current assets | Total assets | |
|---|---|---|
| Sep 30, 2024 | 617,413) | 1,717,884) |
| Sep 30, 2023 | 556,448) | 1,575,281) |
| Sep 30, 2022 | 484,715) | 1,442,034) |
| Sep 30, 2021 | 550,974) | 1,567,776) |
| Sep 30, 2020 | 534,078) | 1,606,240) |
| Sep 30, 2019 | 455,706) | 1,433,448) |
| Sep 30, 2018 | 338,512) | 1,255,079) |
| Sep 30, 2017 | 310,931) | 1,255,620) |
| Sep 30, 2016 | 267,638) | 1,221,052) |
| Sep 30, 2015 | 286,602) | 1,230,163) |
| Sep 30, 2014 | 288,527) | 1,192,298) |
| Sep 30, 2013 | 249,188) | 1,161,547) |
| Sep 30, 2012 | 259,325) | 1,158,611) |
| Sep 30, 2011 | 364,481) | 1,129,468) |
| Sep 30, 2010 | 347,175) | 1,123,716) |
| Sep 30, 2009 | 442,558) | 1,303,888) |
| Sep 30, 2008 | 351,702) | 1,275,253) |
| Sep 30, 2007 | 422,751) | 1,275,771) |
| Sep 30, 2006 | 413,310) | 1,321,205) |
| Sep 30, 2005 | 412,680) | 1,351,061) |
Based on: 10-K (reporting date: 2024-09-30), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
The asset trajectory of the organization over the nineteen-year period from 2005 to 2024 is characterized by an initial period of contraction and stagnation followed by a phase of sustained expansion. Total assets experienced a general decline from 2005 through 2010, reaching a nadir of approximately 1.12 billion USD, before entering a period of stability and subsequent growth.
- Current Asset Volatility and Recovery
- Current assets exhibited significant fluctuations between 2005 and 2013, decreasing from 412.7 million USD in 2005 to a low of 249.2 million USD in 2013. Following this low point, a consistent upward trend emerged. Current assets grew steadily from 2014 onward, accelerating sharply after 2018. By September 30, 2024, current assets reached 617.4 million USD, representing the highest value in the observed period and a substantial increase over the 2013 minimum.
- Total Asset Growth Patterns
- Total assets remained relatively range-bound between 1.12 billion USD and 1.35 billion USD for the first thirteen years of the analysis. A definitive shift occurred after 2018, with assets climbing from 1.25 billion USD in 2018 to 1.72 billion USD by 2024. This indicates a period of balance sheet expansion in the most recent six years, contrasting with the previous decade of relative constancy.
- Liquidity Composition Analysis
- The proportion of current assets relative to total assets shifted notably over time. In 2005, current assets comprised approximately 30.5% of total assets. This ratio declined to its lowest point in 2013, where current assets represented approximately 21.4% of the total asset base. However, by 2024, the ratio increased to approximately 36%, suggesting a strategic shift toward a more liquid asset structure or an increase in short-term operational resources.
Overall, the financial data indicates a transition from a period of balance sheet consolidation and liquidity reduction (2005-2013) to a period of aggressive asset accumulation and improved liquidity (2019-2024). The growth in total assets since 2018 is mirrored by a more pronounced growth in current assets, enhancing the overall liquidity profile of the entity.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?
Balance Sheet: Liabilities and Stockholders’ Equity
Fair Isaac Corp., selected items from liabilities and stockholders’ equity, long-term trends
US$ in thousands
| Current liabilities | Total liabilities | Total debt | Stockholders’ equity (deficit) | |
|---|---|---|---|---|
| Sep 30, 2024 | 380,285) | 2,680,563) | 2,209,021) | (962,679) |
| Sep 30, 2023 | 367,688) | 2,263,271) | 1,861,658) | (687,990) |
| Sep 30, 2022 | 331,459) | 2,243,981) | 1,853,669) | (801,947) |
| Sep 30, 2021 | 559,207) | 1,678,718) | 1,259,018) | (110,942) |
| Sep 30, 2020 | 414,511) | 1,275,158) | 834,435) | 331,082) |
| Sep 30, 2019 | 490,828) | 1,143,681) | 824,790) | 289,767) |
| Sep 30, 2018 | 422,215) | 991,342) | 763,944) | 263,737) |
| Sep 30, 2017 | 326,655) | 829,083) | 604,801) | 426,537) |
| Sep 30, 2016 | 246,077) | 774,224) | 571,000) | 446,828) |
| Sep 30, 2015 | 243,875) | 793,165) | 608,000) | 436,998) |
| Sep 30, 2014 | 341,404) | 737,684) | 546,000) | 454,614) |
| Sep 30, 2013 | 165,880) | 630,870) | 470,000) | 530,677) |
| Sep 30, 2012 | 209,605) | 684,205) | 504,000) | 474,406) |
| Sep 30, 2011 | 146,498) | 663,974) | 512,000) | 465,494) |
| Sep 30, 2010 | 122,147) | 648,802) | 520,000) | 474,914) |
| Sep 30, 2009 | 114,588) | 703,619) | 570,000) | 600,269) |
| Sep 30, 2008 | 122,631) | 713,312) | 570,000) | 561,941) |
| Sep 30, 2007 | 525,924) | 709,457) | 560,963) | 566,314) |
| Sep 30, 2006 | 537,029) | 551,177) | 400,000) | 770,028) |
| Sep 30, 2005 | 138,157) | 545,967) | 400,000) | 805,094) |
Based on: 10-K (reporting date: 2024-09-30), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
An analysis of the financial position from 2005 to 2024 reveals a significant shift in capital structure, characterized by a substantial increase in total liabilities and a transition from positive stockholders' equity to a deep deficit.
- Total Liabilities and Debt Trends
- Total liabilities exhibited a period of relative stability between 2005 and 2017, fluctuating between approximately 546 million and 829 million. However, a period of accelerated growth began in 2018, with total liabilities rising from 991 million to 2.68 billion by 2024. This trajectory is closely mirrored by total debt, which remained largely between 400 million and 600 million for over a decade before climbing sharply from 1.26 billion in 2020 to 2.21 billion in 2024.
- Stockholders' Equity Evolution
- A stark inversion in equity is observed over the analyzed period. Stockholders' equity began at 805 million in 2005 and experienced a gradual decline to 426 million by 2017. A more rapid erosion occurred thereafter, culminating in a shift to a deficit position in 2021. This deficit expanded significantly from -111 million in 2021 to -963 million by 2024, indicating that total liabilities now substantially exceed total assets.
- Current Liabilities and Short-term Obligations
- Current liabilities have shown high volatility compared to long-term debt. After a peak in 2006 of 537 million, obligations dropped to a low of 114 million in 2009. A secondary upward trend occurred between 2014 and 2021, peaking at 559 million in 2021. In the final three years of the period, current liabilities stabilized between 331 million and 380 million, suggesting a stabilization of short-term financing requirements despite the broader increase in total debt.
- Overall Leverage and Solvency Implications
- The convergence of rising total debt and deepening negative equity indicates an aggressive leverage strategy. The financial structure has transitioned from a conservative, equity-funded base to one heavily reliant on debt. The fact that total debt now represents the vast majority of total liabilities, coupled with a negative equity balance, suggests a capital structure likely driven by significant treasury stock acquisitions or other capital return programs that exceeded retained earnings.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?
Cash Flow Statement
Fair Isaac Corp., selected items from cash flow statement, long-term trends
US$ in thousands
| 12 months ended: | Net cash provided by operating activities | Net cash (used in) provided by investing activities | Net cash used in financing activities |
|---|---|---|---|
| Sep 30, 2024 | 632,964) | (27,993) | (592,923) |
| Sep 30, 2023 | 468,915) | (15,954) | (455,001) |
| Sep 30, 2022 | 509,450) | (5,671) | (547,165) |
| Sep 30, 2021 | 423,817) | 137,850) | (523,571) |
| Sep 30, 2020 | 364,916) | (24,583) | (289,424) |
| Sep 30, 2019 | 260,350) | (42,760) | (200,047) |
| Sep 30, 2018 | 223,052) | (14,119) | (218,627) |
| Sep 30, 2017 | 225,644) | (20,605) | (180,625) |
| Sep 30, 2016 | 185,231) | (27,615) | (164,978) |
| Sep 30, 2015 | 132,977) | (81,916) | (58,635) |
| Sep 30, 2014 | 175,034) | (19,843) | (130,391) |
| Sep 30, 2013 | 136,120) | (34,971) | (86,634) |
| Sep 30, 2012 | 129,746) | (65,670) | (128,453) |
| Sep 30, 2011 | 136,156) | (51,701) | (94,021) |
| Sep 30, 2010 | 105,780) | 110,637) | (248,473) |
| Sep 30, 2009 | 151,633) | (81,947) | (18,818) |
| Sep 30, 2008 | 159,150) | (31,119) | (90,955) |
| Sep 30, 2007 | 179,163) | 37,438) | (198,705) |
| Sep 30, 2006 | 199,042) | (17,027) | (190,293) |
| Sep 30, 2005 | 214,082) | (2,901) | (261,986) |
Based on: 10-K (reporting date: 2024-09-30), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
The cash flow profile over the period from 2005 to 2024 demonstrates a significant expansion in operational cash generation coupled with a persistent and intensifying strategy of returning capital through financing activities.
- Operating Cash Flow Trends
- An initial period of contraction is observed between 2005 and 2010, during which net cash provided by operating activities decreased from $214 million to a low of $105 million. Following this trough, a recovery phase occurred, leading into a period of accelerated growth that began around 2017. From 2017 to 2024, operating cash flows rose from $225 million to $632 million, indicating a substantial increase in the capacity to generate liquidity from core business operations.
- Investing Activity Patterns
- Investing activities have remained relatively modest in scale compared to operating inflows. While the majority of the years show net cash outflows, intermittent positive values in 2007, 2010, and 2021 suggest periodic asset liquidations or the realization of investment returns. The lack of large, sustained capital expenditures relative to the size of operating cash flows suggests a lean asset model.
- Financing Activity Analysis
- Net cash used in financing activities has been consistently negative throughout the entire period, reflecting a continuous outflow of capital. This trend intensified significantly between 2020 and 2024, with annual outflows frequently exceeding $500 million. The magnitude of these outflows in recent years often mirrors or exceeds the net cash provided by operations, suggesting a prioritized strategy of debt repayment or shareholder distributions.
- Integrated Cash Flow Dynamics
- The structural relationship between the three components reveals a model where operating cash flows serve as the primary funding source, which are then largely diverted toward financing activities. The widening margin between operating cash inflows and investing outflows indicates a growing volume of free cash flow available for financing purposes.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?
Per Share Data
Fair Isaac Corp., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Sep 30, 2024 | 20.78 | 20.45 | 0.00 |
| Sep 30, 2023 | 17.18 | 16.93 | 0.00 |
| Sep 30, 2022 | 14.34 | 14.18 | 0.00 |
| Sep 30, 2021 | 13.65 | 13.40 | 0.00 |
| Sep 30, 2020 | 8.13 | 7.90 | 0.00 |
| Sep 30, 2019 | 6.63 | 6.34 | 0.00 |
| Sep 30, 2018 | 4.79 | 4.57 | 0.00 |
| Sep 30, 2017 | 4.16 | 3.98 | 0.04 |
| Sep 30, 2016 | 3.52 | 3.39 | 0.08 |
| Sep 30, 2015 | 2.75 | 2.65 | 0.08 |
| Sep 30, 2014 | 2.80 | 2.72 | 0.08 |
| Sep 30, 2013 | 2.55 | 2.48 | 0.08 |
| Sep 30, 2012 | 2.64 | 2.55 | 0.08 |
| Sep 30, 2011 | 1.82 | 1.79 | 0.08 |
| Sep 30, 2010 | 1.44 | 1.42 | 0.08 |
| Sep 30, 2009 | 1.34 | 1.33 | 0.08 |
| Sep 30, 2008 | 1.72 | 1.70 | 0.08 |
| Sep 30, 2007 | 1.87 | 1.82 | 0.08 |
| Sep 30, 2006 | 1.63 | 1.59 | 0.08 |
| Sep 30, 2005 | 2.02 | 1.86 | 0.08 |
Based on: 10-K (reporting date: 2024-09-30), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
1, 2, 3 Data adjusted for splits and stock dividends.
The per share financial performance exhibits a distinct transition from a period of relative volatility and stagnation to a phase of accelerated, exponential growth.
- Earnings Per Share Growth Trajectory
- Basic and diluted earnings per share remained relatively range-bound between 2005 and 2011, with basic earnings fluctuating between a low of 1.34 USD in 2009 and a high of 2.02 USD in 2005. A sustained upward trend began in 2012, with basic earnings rising from 2.64 USD to 4.79 USD by 2018. The period from 2019 to 2024 is characterized by rapid acceleration, as basic earnings per share surged from 6.63 USD to 20.78 USD, indicating a significant increase in the company's profitability on a per-share basis.
- Analysis of Dilution
- Diluted earnings per share followed a pattern nearly identical to basic earnings per share across the entire twenty-year period. The narrow margin between basic and diluted figures suggests that the impact of dilutive securities, such as stock options or convertible bonds, remained minimal and did not significantly erode the value attributable to common shareholders.
- Dividend Policy Shift
- A fundamental change in capital allocation is observed in the dividend data. From 2005 through 2016, the company maintained a static dividend of 0.08 USD per share. In 2017, this amount was halved to 0.04 USD, and from 2018 through 2024, dividend payments ceased entirely. This elimination of dividends coincides with the period of most aggressive EPS growth, suggesting a strategic pivot away from cash dividends toward other forms of value creation or capital reinvestment.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?