FICO climbs as Q2 revenue jumps 39% and full-year guidance rises
FICO•Fair Isaac shares rose after the company posted fiscal Q2 2026 results showing revenue up 39% year over year to $691.7 million and Scores segment revenue up 60% to $475.0 million. FICO also raised full-year fiscal 2026 guidance, lifting its revenue outlook to $2.45 billion and non-GAAP EPS to $40.45.
1. What’s moving the stock
Fair Isaac Corporation (FICO) is trading higher as investors digest a strong fiscal second-quarter 2026 update and a higher full-year outlook. In results released April 28, 2026, FICO reported Q2 revenue of $691.7 million, up 39% from the prior-year quarter, and GAAP EPS of $11.14, up from $6.59 a year earlier. The company also increased fiscal 2026 guidance, signaling confidence in demand trends and profitability.
2. The key numbers behind the rally
The biggest acceleration came from FICO’s Scores segment, where revenue rose to $475.0 million from $297.0 million, a 60% increase. FICO said B2B Scores revenue increased 72%, driven primarily by a higher mortgage origination scores unit price and higher mortgage origination volumes, while B2C Scores revenue increased 5% due mainly to higher indirect-channel partner revenue. Software revenue grew 7% year over year to $216.7 million, and the company reported total software dollar-based net retention of 109% as of March 31, 2026.
3. Guidance lift and near-term catalysts
FICO raised its fiscal 2026 outlook, increasing revenue guidance from $2.35 billion to $2.45 billion and raising non-GAAP EPS guidance from $38.17 to $40.45 (GAAP EPS from $33.47 to $35.60). The next scheduled catalyst is management’s presentation at the Barclays Americas Select Conference on May 5, 2026, where investors will be listening for incremental details on pricing, mortgage-related scoring demand, and the trajectory of software recurring revenue.
