FICO's quarterly profit gets a boost from scores segment
28/04/2026 23:02
April 28 (Reuters) - Fair Isaac Corp FICO.N reported a rise in second-quarter profit on Tuesday, helped by strength in its scores segment. The company is best known for the FICO score, the standard measure of consumer credit risk used by banks, credit card issuers, mortgage lenders, and auto loan providers. Shares of the company were up 10% in trading after the bell. They have lost more than 40% this year. Here are details on the earnings report: The company raised its expectations for fiscal year 2026 revenue and profit Scores revenue, which includes its business-to-business and business-to-consumer scoring solutions, rose to $475 million in the second quarter, from $297 million in the year-ago period. Total revenue jumped about 39% to $692 million. FICO's adjusted profit came in at $296.8 million, or $12.50 per share, in the three months ended March 31, compared with $192.7 million, or $7.81 per share, a year earlier. (Reporting by Pritam Biswas in Bengaluru; Editing by Sriraj Kalluvila) ((Pritam.Biswas@thomsonreuters.com;))