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Mar 31, 2022

FICO Q2 2022 Earnings Report

FICO's Q2 2022 earnings were announced, demonstrating strong financial performance.

Key Takeaways

FICO reported Q2 fiscal year 2022 results with a revenue of $357.2 million, compared to $331.4 million in the prior year. GAAP net income was $104.4 million, or $3.95 per share, versus $68.7 million, or $2.33 per share, in the prior year period. Non-GAAP EPS was $4.68 versus $3.06 in the prior year period.

FICO reported revenues of $357.2 million, an increase from $331.4 million in the prior year period.

GAAP net income was $104.4 million, or $3.95 per share, compared to $68.7 million, or $2.33 per share, in the prior year period.

Non-GAAP EPS increased to $4.68 from $3.06 in the prior year period.

Software Dollar-Based Net Retention Rate was 110%, with platform solutions at 141% and non-platform solutions at 103%.

Total Revenue
$357M
Previous year: $331M
+7.8%
EPS
$4.68
Previous year: $3.06
+52.9%
Gross Profit
$285M
Previous year: $243M
+17.4%
Cash and Equivalents
$174M
Previous year: $198M
-11.9%
Free Cash Flow
$120M
Previous year: $152M
-21.1%
Total Assets
$1.49B
Previous year: $1.58B
-5.9%

FICO

FICO

FICO Revenue by Segment

Forward Guidance

The company updated its fiscal year 2022 guidance, increasing revenue, GAAP net income, GAAP EPS, non-GAAP net income and non-GAAP EPS.

Revenue & Expenses

Visualization of income flow from segment revenue to net income