FICO Delivers Strong Q2 Performance, Reiterates Fiscal '25 Guidance
FICO, a leading provider of analytics and decision management software, has announced strong financial results for the second quarter of 2025. The company reported revenues of $499 million, up 15% from the same period last year, with GAAP net income increasing by 25% to $163 million.
The company's scores segment saw significant growth, with revenues increasing by 25% to $297 million in the quarter. On a B2B basis, mortgage originations revenue was up 48%, while auto origination revenues rose by 16%. Credit card, personal loan and other originations revenues remained flat.
FICO's CEO, Will Lansing, highlighted the company's commitment to financial inclusion globally. The company announced a Kenya-specific FICO score in partnership with TransUnion, enabling lenders to serve previously underserved consumers. FICO also continued to raise awareness of financial literacy through its free credit score service at myfico.com.
Lansing emphasized the company's focus on innovation, citing the availability of the mortgage simulator for lenders using Exactus, and the strong adoption rates of FICO Score 10 T for non-GSE loans. The company has also seen a significant increase in users accessing their free credit scores at myfico, with nearly 70% more users accessing their scores over the past year.
FICO delivered strong free cash flow of $65 million in the quarter, and has returned capital to its shareholders through buybacks. The company continues to focus on driving innovation and improving financial inclusion globally.
As reported by Will Lansing, FICO's non-GAAP earnings were up 27% to $7.81 per share, while free cash flow over the last four quarters increased by 45%. The company remains committed to its fiscal '25 guidance, with a strong outlook for future growth and success.
Overall, FICO's Q2 results demonstrate the company's continued momentum in delivering strong financial performance and innovation. With its commitment to financial inclusion and customer-centric approach, FICO is well-positioned for sustained growth and success in the market.
