FICO

• GAAP net income was $237.2 million, or $10.45 per diluted share, versus $181.8 million, or $7.40 per diluted share, in the prior year period.
• Scores segment revenue increased 41% to $458.9 million, while Software revenue rose 2% to $215.3 million year-over-year.
• Non-GAAP net income was $276.6 million, or $12.18 per diluted share, and free cash flow was $370.3 million for the quarter.
• The company raised its full-year fiscal 2026 guidance: revenue to $2.53 billion, GAAP EPS to $36.86, and Non-GAAP EPS to $42.43.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• The full $1.5 billion was drawn on June 5, 2026, to fund an accelerated share repurchase (ASR) agreement with Wells Fargo Securities, Inc.
• The Board approved a new open-ended stock repurchase program of up to $2.0 billion, replacing the remaining availability under the previous $1.5 billion program.
• Under the ASR, FICO will pay $1.5 billion upfront on June 8, 2026, and expects initial delivery of approximately 1,055,100 shares; final share count based on volume-weighted average price.
• The ASR is expected to be completed by September 30, 2026, with $500 million remaining under the repurchase authorization afterward.

1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 8.01 Other Events · 9.01 Financial Statements and Exhibits

• GAAP net income was $264.5 million, or $11.14 per diluted share, versus $162.6 million, or $6.59 per diluted share, in the prior year period.
• Non-GAAP net income was $296.8 million, or $12.50 per diluted share, versus $192.7 million, or $7.81 per diluted share, in the prior year period.
• Scores revenue increased 60% to $475.0 million, while Software revenue rose 7% to $216.7 million year-over-year.
• The company raised its full-year fiscal 2026 guidance: revenue to $2.45 billion, GAAP EPS to $35.60, and Non-GAAP EPS to $40.45.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Fair Isaac Corporation closed a private offering of $1.0 billion aggregate principal amount of 6.250% Senior Notes due 2034 on March 20, 2026.
• Net proceeds will be used to repay credit agreement debt, fund the full redemption of $400 million of 5.25% Senior Notes due 2026, pay fees, and for general corporate purposes including possible stock repurchases.
• The notes are senior unsecured obligations, initially unguaranteed, but will be guaranteed by future significant domestic subsidiaries.
• Interest is payable semi-annually on March 15 and September 15, with the first payment on September 15, 2026; the notes mature on September 15, 2034.

1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits

• Fair Isaac Corporation commenced a private offering of $1.0 billion aggregate principal amount of Senior Notes due 2034 on March 11, 2026.
• FICO plans to provide a conditional notice of redemption for the 2018 Senior Notes on March 11, 2026, with redemption expected on March 26, 2026, subject to successful issuance of the new Notes.
• The Notes are being offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S, and are not registered under the Securities Act.
• The press release was filed as Exhibit 99.1 to the Form 8-K under Item 8.01, and the report also includes the cover page interactive data file as Exhibit 104.

8.01 Other Events · 9.01 Financial Statements and Exhibits

• Net proceeds will repay revolving credit facility debt, fund full redemption of $400 million 5.25% Senior Notes due 2026, pay fees, and support general corporate purposes including possible stock repurchases.
• The offering is expected to close on March 20, 2026, subject to customary closing conditions.
• FICO provided conditional notice to redeem the 2018 Senior Notes on March 26, 2026, contingent on successful issuance of the new Notes.
• The Notes are being sold to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S.

8.01 Other Events · 9.01 Financial Statements and Exhibits

• The charter amendments became effective upon filing a Certificate of Amendment with the Delaware Secretary of State on March 4, 2026, and a restated certificate was filed the same day.
• All eight director nominees were elected, with votes ranging from 17,016,244 (Braden R. Kelly) to 19,488,427 (William J. Lansing) in favor.
• The advisory say-on-pay resolution passed with 16,637,219 votes for and 2,952,607 against.
• Deloitte & Touche LLP was ratified as independent auditor for fiscal 2026 with 20,391,307 votes for and 854,214 against.

5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · 5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits

• Non-GAAP net income was $175.6 million, or $7.33 per diluted share, versus $143.8 million, or $5.79 per share, in the prior year period.
• Scores revenue increased 29% to $304.5 million, while Software revenue rose 2% to $207.5 million.
• The company reiterated its fiscal 2026 guidance: revenues of $2.35 billion, GAAP EPS of $33.47, and non-GAAP EPS of $38.17.
• Net cash provided by operating activities was $174.1 million, and free cash flow was $165.4 million for the quarter.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits