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Sep 30, 2022

FICO Q4 2022 Earnings Report

FICO's Q4 2022 earnings were announced, revealing revenue growth and increased earnings per share.

Key Takeaways

FICO reported a strong Q4 with revenue of $348.7 million, up from $334.6 million in the prior year. GAAP EPS increased to $3.55 from $3.00, and non-GAAP EPS rose to $4.40 from $3.92. The company's software and scores segments contributed to the revenue growth.

FICO's Q4 revenue reached $348.7 million, an increase from $334.6 million in the prior year.

GAAP earnings per share (EPS) for Q4 was $3.55, compared to $3.00 in the previous year.

Non-GAAP EPS for Q4 increased to $4.40 from $3.92 in the prior year.

Software Dollar-Based Net Retention Rate was 107% with platform software at 128% and non-platform software at 100%.

Total Revenue
$349M
Previous year: $335M
+4.2%
EPS
$4.4
Previous year: $3.92
+12.2%
Gross Profit
$266M
Previous year: $262M
+1.5%
Cash and Equivalents
$133M
Previous year: $195M
-31.8%
Free Cash Flow
$144M
Previous year: $90M
+60.1%
Total Assets
$1.44B
Previous year: $1.57B
-8.0%

FICO

FICO

FICO Revenue by Segment

Forward Guidance

The company is providing the following guidance for fiscal 2023: Revenues $1.475 billion, GAAP Net Income $401 million, GAAP EPS $16.00, Non-GAAP Net Income $487 million, Non-GAAP EPS $19.42.

Revenue & Expenses

Visualization of income flow from segment revenue to net income