Table of Contents FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 For the transition period from to Delaware 94-1499887 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 5 West Mendenhall, Suite 105 59715 Bozeman, Montana (Address of principal executive offices) (Zip Code) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☐ TRANS ...

| --- | --- | --- | --- | --- | --- | --- | |----------------------------|-------|-------------------------------|------------------------------------------|------------------|-------|-------------| | Sell foreign currency: | | Contract \nForeign Currency | December \nAmount \n(In thousands) | 31, 2022 \nUSD | Fair | Value \nUSD | | Euro (EUR) | EUR | 10,100 | $ | 10,766 | $ | — | | Buy foreign currency: | | | | | | | | British pound (GBP) | GBP | 7,072 | $ | 8,500 | $ | — | | Singapore dollar (SGD) | SGD | ...

Financial Data and Key Metrics Changes - The company reported revenues of $357 million, an increase of 8% year-over-year [8] - GAAP net income was $104 million, up 52%, with GAAP earnings per share of $3.95, reflecting a 70% increase [8][21] - Non-GAAP net income reached $124 million, a 37% increase, with non-GAAP earnings per share of $4.68, up 53% from the previous year [8][22] - Total operating expenses decreased to $205 million from $230 million year-over-year, primarily due to the divestiture of the Collections and Recovery business [20] Business Line Data and Key Metrics Changes - In the Scores segment, revenues were $184 million, up 9% year-over-year, with B2B Scores revenue increasing by 5% [14] - Mortgage origination revenues declined by 23%, accounting for about 14% of Scores revenues and 7% of total company revenues [9] - Auto origination revenues increased by 9%, while personal loan origination revenues rose by 27% [10] - Software segment revenues were $173 million, up 7% year-over-year, with total ARR increasing by 11% and platform ARR growing by 60% [11][18] Market Data and Key Metrics Changes - The Americas region generated 78% of total revenues, while Asia-Pacific contributed 12% and EMEA accounted for 10% [17] - The dollar-based net retention rate for the quarter was 110%, with platform software at 141% [12][19] Company Strategy and Development Direction - The company is focused on diversifying its revenue streams across different credit verticals to mitigate risks associated with rising interest rates [26] - There is a commitment to continue delivering strong growth in the software segment, with a focus on enhancing product efficiency and cost management [27] - The company raised its full-year revenue guidance to $1.355 billion, reflecting strong growth in unsecured lending markets and software [28] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by a volatile macro environment but expressed confidence in the company's diversified business model [26] - The company anticipates higher expenses in the second half of the year but is managing costs effectively [31] - There is uncertainty in the mortgage market, but growth is expected in other lending categories [28][50] Other Important Information - Free cash flow for the quarter was $120 million, down from $152 million in the same period last year [23] - The company repurchased 580,000 shares at an average price of $455 per share, with a new $500 million repurchase authorization approved [24] Q&A Session Summary Question: How is the company managing costs amid inflation dynamics? - Management indicated that expenses will be higher in the second half but are currently well-managed, with cost control measures in place [31][32] Question: Can you elaborate on the dynamics between pricing benefits and volume assumptions? - Management noted that while some volumes are down, pricing increases are offsetting these declines [34] Question: What is the breakdown of the diversified lending categories? - Management stated that mortgage, auto, and personal loans are roughly the same size in terms of B2B originations [35][36] Question: How has customer receptivity been to price increases? - Management reported that while customers prefer not to have price increases, they expect reasonable increases, which have been well received [41][42] Question: What changes have occurred in expectations for auto and personal loans? - Management indicated that expectations for auto credit originations have been adjusted downward due to supply chain issues, while personal loans remain stable [49] Question: Does the guidance assume a similar decline in mortgage inquiries as reported by bureau partners? - Management confirmed that the guidance does assume a similar decline in mortgage inquiries [51] Question: How has the adjusted net income guidance increased relative to revenue guidance? - Management explained that lower travel and entertainment costs, reduced COGS for SaaS products, and slower hiring contributed to the adjusted net income guidance increase [56]

© 2022 Fair Isaac Corporation. Confidential. This presentation is provided for the recipient only and cannot be reproduced or shared without Fair Isaac Corporation's express consent. 1 © 2022 Fair Isaac Corporation. Confidential. This presentation is provided for the recipient only and cannot be reproduced or shared without Fair Isaac Corporation's express consent. Fair Isaac Corporation Q2 22 Financial Highlights March 31, 2022 Q2 2022 FINANCIAL HIGHLIGHTS $169.5 $183.7 8% 9% $152.9 $173.5 13% 7% $322.4 $3 ...

Financial Performance - Total GAAP revenue for fiscal year 2021 was $1.32 billion, a 2% increase from fiscal year 2020[226] - Total revenues for the company in fiscal 2021 were $1,316.5 million, a 2% increase from $1,294.6 million in fiscal 2020[249] - Operating income for fiscal year 2021 was $505.5 million, a 71% increase from fiscal year 2020[234] - Net income for fiscal year 2021 was $392.1 million, a 66% increase from fiscal year 2020[234] - Cash flow from operations was $423.8 million during fiscal year 2021, compared to $364.9 million in the prior year[234] - Basic earnings per share increased to $13.65 in 2021 from $8.13 in 2020, representing a growth of approximately 68.5%[372] - The company reported a comprehensive income of $399,225 thousand for the year, compared to $243,501 thousand in 2020, reflecting an increase of about 63.9%[372] Segment Performance - Total revenue for the Scores segment was $654.1 million during fiscal year 2021, a 24% increase from fiscal year 2020[226] - Annual Recurring Revenue (ARR) for the Software segment as of September 30, 2021, was $524.0 million, a 6% increase from September 30, 2020[226] - The percentage of revenues from the Scores segment increased to 50% in 2021, up from 41% in 2020 and 36% in 2019[244] - Scores segment revenues rose by $125.6 million in fiscal 2021 compared to 2020, driven by a $64.6 million increase in business-to-business scores revenue and a $61.0 million increase in business-to-consumer revenue[250] - The Software segment operating income decreased by $24.9 million to $105.1 million, with segment revenue declining by $103.6 million[292] Cash Management and Investments - The company had $195.4 million in cash and cash equivalents as of September 30, 2021, including $158.8 million held by foreign subsidiaries[298] - The company plans to evaluate potential acquisitions or strategic relationships using available cash and cash equivalents[299] - The company reported a net cash increase of $37,960 thousand for the year, up from $50,968 thousand in the previous year[1] - The company incurred a finance lease obligation of $1,387 thousand in 2020, reflecting ongoing investment in operational capabilities[1] Stock Repurchase and Dividends - The company repurchased 1.9 million shares at a total repurchase price of $882.2 million during fiscal year 2021[224] - A total of $882.2 million was expended on stock repurchase programs during fiscal years 2021, 2020, and 2019[306] - The company approved a stock repurchase program with an aggregate cost of $500 million in August 2021, following a previous program of $250 million[306] - The company reported a gain of $100.1 million from product line asset sales and business divestiture in fiscal 2021[278] Operating Expenses - Total operating expenses decreased to $811,047 thousand in fiscal 2021, down 9% from $998,593 thousand in fiscal 2020[260] - Research and development expenses were $171,231 thousand in fiscal 2021, a 3% increase from $166,499 thousand in fiscal 2020, maintaining 13% of revenues[267] - Selling, general and administrative expenses decreased to $396,281 thousand in fiscal 2021, down 6% from $420,930 thousand in fiscal 2020, representing 30% of revenues[271] Tax and Compliance - The effective tax rate for fiscal 2021 was 17.1%, an increase from 8.0% in fiscal 2020, due to higher pretax book income[283] - The company has been audited by Deloitte & Touche LLP since 2004, ensuring compliance with PCAOB standards[365] - The company maintained effective internal control over financial reporting as of September 30, 2021, according to the independent auditor's opinion[357] Debt and Obligations - Long-term debt rose to $1,009,018 thousand in 2021, up from $739,435 thousand in 2020, indicating an increase of approximately 36.5%[370] - The company has contractual obligations totaling $1.563 billion as of September 30, 2021, including senior notes and revolving line of credit[311] - The company is obligated to repay a new unsecured term loan of $300 million in quarterly installments starting March 31, 2022[308] Foreign Currency and Risk Management - The company utilizes foreign currency forward contracts to manage foreign exchange rate risks, primarily for the British pound, Euro, and Singapore dollar[350] - As of September 30, 2021, the company had foreign currency forward contracts totaling €17,100, £11,467, and S$6,650, with fair values of $19,829, $15,400, and $4,900 respectively[352] Revenue Recognition - The company recognizes revenue primarily from software licensing, SaaS subscription services, and professional services, with complex contracts often involving multiple performance obligations[362] - Revenue is recognized when control of goods or services is transferred to customers, reflecting expected consideration[404] - The company’s revenue recognition process includes estimating variable consideration and determining standalone selling prices based on historical data and market factors[362]

FICO Decisions Fair Isaac Corporation Q3 21 Financial Highlights June 30, 2021 © 2021 Fair Isaac Corporation. Confidential. 1 © 2021 Fair Isaac Corporation. Confidential. This presentation is provided for the recipient only and cannot be reproduced or shared without Fair Isaac Corporation's express consent. Q3 2021 Highlights • Revenue: Q3 21 revenue of $338 million vs. Q3 20 revenue of $314 million or 8% increase. • Applications revenue of $133 million, or 6% y/y decrease • Scores revenue of $172 million, ...

Fair Isaac Corporation (NYSE:FICO) Q3 2021 Earnings Conference Call August 3, 2021 5:00 PM ET Company Representatives Will Lansing - Chief Executive Officer Mike McLaughlin - Chief Financial Officer Steve Weber - Vice President, Investor Relations Conference Call Participants Surinder Thind - Jefferies George Tong - Goldman Sachs Ashish Sabadra - RBC Capital Markets Caroline Conway - Autonomous Research Jeff Mueler - Baird Operator Greetings! And welcome to the Fair Isaac Corporate Quarterly Earnings Confer ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-11689 Fair Isaac Corporation (Exact name of registrant as specified in its charter) Delaware 94-1499887 (State or ot ...

FICO Decisions Fair Isaac Corporation Q2 21 Financial Highlights March 31, 2021 © 2021 Fair Isaac Corporation. Confidential. 1 © 2021 Fair Isaac Corporation. Confidential. This presentation is provided for the recipient only and cannot be reproduced or shared without Fair Isaac Corporation's express consent. Q2 2021 Highlights • Revenue: Q2 21 revenue of $331 million vs. Q2 20 revenue of $308 million or 8% increase. • Applications revenue of $129 million, or 8% y/y decrease • Scores revenue of $169 million, ...

Fair Isaac Corporation (NYSE:FICO) Q2 2021 Results Earnings Conference Call May 5, 2021 5:00 PM ET Company Participants Steve Weber - Vice President, Investor Relations Will Lansing - Chief Executive Officer Mike McLaughlin - Chief Financial Officer Conference Call Participants Kyle Peterson - Needham Surinder Thind - Jefferies Caroline Conway - AllianceBernstein Jeff Mueler - Baird Operator Greetings. And welcome to the Fair Isaac Quarterly Earnings Conference Call. During the presentation, all participant ...