Fair Isaac Corporation (FICO) financial statements (2021 and earlier)
Company profile
| Business Address |
181 METRO DRIVE SAN JOSE, CA 95110 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| SIC | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 Q1 | 9/30/2019 Q4 | 6/30/2019 Q3 | 3/31/2019 Q2 | 12/31/2018 Q1 | 9/30/2018 Q4 | 6/30/2018 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 111 | 106 | 79 | 77 | 80 | 90 | 120 | ||
| Cash and cash equivalents | 111 | 106 | 79 | 77 | 80 | 90 | 120 | ||
| Receivables | 282 | 297 | 318 | 272 | 248 | 209 | 182 | ||
| Other undisclosed current assets | 68 | 52 | 38 | 48 | 48 | 40 | 33 | ||
| Total current assets: | 461 | 456 | 435 | 397 | 376 | 339 | 335 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 8 | ✕ | ✕ | ✕ | |||||
| Operating lease, right-of-use asset | 88 | ✕ | ✕ | ✕ | |||||
| Property, plant and equipment | 53 | 53 | 45 | 47 | 49 | 52 | |||
| Long-term investments and receivables | 60 | 12 | |||||||
| Long-term investments | 24 | 12 | |||||||
| Accounts and financing receivable, after allowance for credit loss | 36 | ||||||||
| Intangible assets, net (including goodwill) | 825 | 818 | 807 | 812 | 812 | 815 | 818 | ||
| Goodwill | 813 | 804 | 798 | 801 | 799 | 801 | 802 | ||
| Intangible assets, net (excluding goodwill) | 12 | 14 | 10 | 11 | 13 | 15 | 16 | ||
| Other noncurrent assets | 82 | 79 | 43 | 40 | 38 | 12 | 13 | ||
| Deferred tax assets, net | ✕ | ✕ | ✕ | 14 | 14 | 20 | 41 | ||
| Other undisclosed noncurrent assets | 21 | 28 | 35 | 21 | 19 | 20 | 17 | ||
| Total noncurrent assets: | 1,084 | 978 | 939 | 931 | 930 | 917 | 952 | ||
| TOTAL ASSETS: | 1,545 | 1,433 | 1,374 | 1,328 | 1,306 | 1,255 | 1,287 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 147 | 162 | 136 | 112 | 102 | 135 | 135 | ||
| Accounts payable | 32 | 23 | 20 | 16 | 20 | 20 | 26 | ||
| Accrued liabilities | 43 | 32 | 28 | 29 | 26 | 30 | 34 | ||
| Employee-related liabilities | 72 | 106 | 89 | 67 | 55 | 84 | 75 | ||
| Deferred revenue | 115 | 111 | 103 | ✕ | ✕ | ✕ | |||
| Debt | 180 | 218 | 218 | 218 | 228 | 235 | 202 | ||
| Restructuring reserve | 4 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 61 | ||
| Other undisclosed current liabilities | 106 | 104 | 48 | ||||||
| Total current liabilities: | 442 | 491 | 458 | 437 | 433 | 422 | 397 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 86 | 607 | 529 | ||||||
| Long-term debt, excluding current maturities | 607 | 529 | |||||||
| Finance lease, liability | 5 | ✕ | ✕ | ✕ | |||||
| Operating lease, liability | 80 | ✕ | ✕ | ✕ | |||||
| Liabilities, other than long-term debt, including: | 43 | 46 | 43 | 40 | 40 | 40 | 39 | ||
| Deferred revenue | 5 | 5 | ✕ | ✕ | ✕ | ||||
| Restructuring reserve | 1 | 2 | |||||||
| Other undisclosed liabilities, other than long-term debt | 38 | 41 | 43 | 40 | 40 | 39 | 36 | ||
| Other undisclosed noncurrent liabilities | 733 | 605 | 604 | 604 | 557 | ||||
| Total noncurrent liabilities: | 862 | 653 | 648 | 644 | 644 | 569 | 595 | ||
| Total liabilities: | 1,304 | 1,144 | 1,105 | 1,081 | 1,078 | 991 | 992 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 241 | 290 | 268 | 247 | 228 | 264 | 295 | ||
| Treasury stock, value | (2,843) | (2,802) | (2,760) | (2,704) | (2,674) | (2,612) | (2,515) | ||
| Additional paid in capital | 1,148 | 1,225 | 1,207 | 1,190 | 1,177 | 1,211 | 1,192 | ||
| Accumulated other comprehensive loss | (76) | (90) | (81) | (77) | (80) | (76) | (73) | ||
| Retained earnings | 2,012 | 1,957 | 1,902 | 1,838 | 1,805 | 1,741 | 1,690 | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Total stockholders' equity: | 241 | 290 | 268 | 247 | 228 | 264 | 295 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,545 | 1,433 | 1,374 | 1,328 | 1,306 | 1,255 | 1,287 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 Q1 | 9/30/2019 Q4 | 6/30/2019 Q3 | 3/31/2019 Q2 | 12/31/2018 Q1 | 9/30/2018 Q4 | 6/30/2018 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 299 | 305 | 314 | 278 | 262 | 280 | 260 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 260 | |
| Cost of revenue | (91) | (88) | (87) | (86) | (76) | (79) | (78) | |
| Gross profit: | 208 | 217 | 227 | 193 | 186 | 200 | 181 | |
| Operating expenses | (153) | (141) | (141) | (144) | (137) | (124) | (133) | |
| Other undisclosed operating loss | (3) | (6) | (7) | |||||
| Operating income: | 52 | 70 | 86 | 49 | 49 | 70 | 48 | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (0) | 1 | 2 | 1 | (2) | 11 | 2 | |
| Interest and debt expense | (10) | (10) | (10) | (10) | (10) | (10) | (8) | |
| Income from continuing operations before income taxes: | 42 | 61 | 78 | 40 | 37 | 72 | 42 | |
| Income tax expense (benefit) | 13 | (6) | (14) | (7) | 3 | (21) | (9) | |
| Net income available to common stockholders, diluted: | 55 | 55 | 64 | 33 | 40 | 50 | 32 | |
Comprehensive Income ($ in millions)
| 12/31/2019 Q1 | 9/30/2019 Q4 | 6/30/2019 Q3 | 3/31/2019 Q2 | 12/31/2018 Q1 | 9/30/2018 Q4 | 6/30/2018 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 55 | 55 | 64 | 33 | 40 | 50 | 32 | |
| Comprehensive income: | 55 | 55 | 64 | 33 | 40 | 50 | 32 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 14 | (9) | (4) | 3 | (3) | (3) | (19) | |
| Comprehensive income, net of tax, attributable to parent: | 69 | 45 | 60 | 36 | 37 | 47 | 14 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.