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The Zacks Consensus Estimate for second-quarter fiscal 2026 revenues is pegged at $625.17 million, suggesting an increase of 25.35% from the year-ago quarter’s reported figure.
The consensus mark for second-quarter fiscal 2026 earnings is pegged at $11.03 per share, up 1.09% over the past 30 days, indicating 41.23% year-over-year growth.
The company’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 6.87%.
Let’s see how things have shaped up before this announcement.
Factors Likely to Have Impacted FICO’s Q2 Performance
FICO’s second-quarter fiscal 2026 performance is expected to have benefited from sustained growth in Scores revenues, driven by higher refinancing activity, improving mortgage origination trends and pricing gains. These factors drove a 60% year-over-year increase in mortgage originations revenues in the first fiscal quarter of 2026.
The adoption of FICO Score 10T, particularly in the nonconforming mortgage market, has been a significant contributor to growth. The number of lenders using FICO Score 10T for mortgage decisions has doubled, supporting approximately $377 billion in annual mortgage originations. With this expanding adoption, the company is well-positioned to capitalize on the growing momentum in the to-be-reported quarter.
From the first-quarter fiscal 2026 results, Fair Isaac’s ARR (Annual Recurring Revenue) in the software segment has shown steady but structurally improving growth, driven primarily by the platform business, while legacy declines have continued to offset part of the gains. The company reported total software ARR of $766 million, representing a 5% year-over-year increase, indicating moderate growth in the software base. Within this, platform ARR grew 33% year over year to $303 million, reflecting strong adoption of the next-generation FICO platform, expansion of use cases among existing customers and new customer wins. Management emphasized that platform growth has been the key driver of software momentum, with more than half of platform customers now using multiple use cases, supporting higher recurring revenues per customer.
FICO’s introduction of innovative solutions, such as the FICO Focused Foundation Model for financial services, which includes domain-specific generative AI models like FICO FLM and FICO FSM, has been noteworthy. These models deliver accurate and auditable outcomes, significantly improving performance and cost efficiency.
Uncertainties in mortgage market volumes and pricing model adoption may have impacted financial performance in the to-be-reported quarter. Structural uncertainty in credit reporting system design (tri-merge vs bi-merge) remains a concern.
What Our Model Says About FICO
Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That’s not the exact case here.
Fair Isaac currently has an Earnings ESP of 0.00% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks to Consider
Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:
View the Zacks #1 Rank List
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Fair Isaac to Report Q2 Earnings: What's in Store for the Stock?
Key Takeaways
Fair Isaac Corporation (FICO - Free Report) is set to report its second-quarter fiscal 2026 results on April 28.
The Zacks Consensus Estimate for second-quarter fiscal 2026 revenues is pegged at $625.17 million, suggesting an increase of 25.35% from the year-ago quarter’s reported figure.
The consensus mark for second-quarter fiscal 2026 earnings is pegged at $11.03 per share, up 1.09% over the past 30 days, indicating 41.23% year-over-year growth.
The company’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 6.87%.
Fair Isaac Corporation Price and EPS Surprise
Fair Isaac Corporation price-eps-surprise | Fair Isaac Corporation Quote
Let’s see how things have shaped up before this announcement.
Factors Likely to Have Impacted FICO’s Q2 Performance
FICO’s second-quarter fiscal 2026 performance is expected to have benefited from sustained growth in Scores revenues, driven by higher refinancing activity, improving mortgage origination trends and pricing gains. These factors drove a 60% year-over-year increase in mortgage originations revenues in the first fiscal quarter of 2026.
The adoption of FICO Score 10T, particularly in the nonconforming mortgage market, has been a significant contributor to growth. The number of lenders using FICO Score 10T for mortgage decisions has doubled, supporting approximately $377 billion in annual mortgage originations. With this expanding adoption, the company is well-positioned to capitalize on the growing momentum in the to-be-reported quarter.
From the first-quarter fiscal 2026 results, Fair Isaac’s ARR (Annual Recurring Revenue) in the software segment has shown steady but structurally improving growth, driven primarily by the platform business, while legacy declines have continued to offset part of the gains. The company reported total software ARR of $766 million, representing a 5% year-over-year increase, indicating moderate growth in the software base. Within this, platform ARR grew 33% year over year to $303 million, reflecting strong adoption of the next-generation FICO platform, expansion of use cases among existing customers and new customer wins. Management emphasized that platform growth has been the key driver of software momentum, with more than half of platform customers now using multiple use cases, supporting higher recurring revenues per customer.
FICO’s introduction of innovative solutions, such as the FICO Focused Foundation Model for financial services, which includes domain-specific generative AI models like FICO FLM and FICO FSM, has been noteworthy. These models deliver accurate and auditable outcomes, significantly improving performance and cost efficiency.
Uncertainties in mortgage market volumes and pricing model adoption may have impacted financial performance in the to-be-reported quarter. Structural uncertainty in credit reporting system design (tri-merge vs bi-merge) remains a concern.
What Our Model Says About FICO
Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That’s not the exact case here.
Fair Isaac currently has an Earnings ESP of 0.00% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks to Consider
Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:
Sandisk (SNDK - Free Report) has an Earnings ESP of +4.96% and a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Sandisk shares have gained 292.8% in the year-to-date period. SNDK is set to report third-quarter fiscal 2026 results on April 30.
Audioeye (AEYE - Free Report) has an Earnings ESP of +5.88% and a Zacks Rank #2 at present.
Audioeye shares have lost 30.9% in the year-to-date period. AEYE is set to report its first-quarter 2026 results on May 13.
Extreme Networks (EXTR - Free Report) has an Earnings ESP of +1.41% and a Zacks Rank #2.
Extreme Networks shares have gained 1.5 in the year-to-date period. EXTR is set to report its third-quarter 2026 results on April 29.