Financial Performance - Total revenue for Q4 2025 was $5158 million, a decrease of 4% compared to Q3 2025, but an increase of 14% compared to Q4 2024[3] - Scores revenue in Q4 2025 reached $3116 million, down 4% from Q3 2025, but up 25% year-over-year[3] - Software revenue in Q4 2025 was $2042 million, a decrease of 4% compared to Q3 2025, and flat compared to Q4 2024[3] - Software ARR increased to $7473 million, a 1% increase quarter-over-quarter and a 4% increase year-over-year[3] - ACV Bookings for software reached $327 million, a 22% increase quarter-over-quarter and a 48% increase year-over-year[3] - Non-GAAP diluted EPS was $774, a decrease of 10% quarter-over-quarter, but an increase of 18% year-over-year[3] - Adjusted EBITDA was $2866 million, down 8% quarter-over-quarter, but up 18% year-over-year[3] - Full year revenues reached $235 billion[26] Segment Performance - Scores operating income was $2728 million in Q4 2025, a decrease of 4% quarter-over-quarter, but an increase of 24% year-over-year, with an operating margin of 88%[25] - Software operating income was $557 million in Q4 2025, an 18% decrease both quarter-over-quarter and year-over-year, with an operating margin of 27%[25] Balance Sheet - Cash and investments decreased to $1888 million, a 21% decrease quarter-over-quarter and a 4% decrease year-over-year[24] - Total assets increased to $18681 billion, a 0% increase quarter-over-quarter and a 9% increase year-over-year[24]

Financial Performance - Total revenue reached $5364 million, a 20% increase compared to Q3 2024[3, 23] - Scores revenue increased by 34% year-over-year, reaching $3243 million[3, 23] - Software revenue increased by 3% year-over-year, reaching $2121 million[3, 23] - Adjusted EBITDA reached $3123 million, a 32% increase compared to Q3 2024[3] - Non-GAAP diluted EPS increased by 37% year-over-year, reaching $857[3] Revenue Breakdown - B2B revenue increased by 42% compared to Q3 2024[12] - B2C revenue increased by 6% compared to Q3 2024[12] - Mortgage Originations revenues increased by 53% compared to Q3 2024[12] Software Metrics - Software ARR increased by 4% year-over-year, reaching $7391 million[3] - Software ACV Bookings increased by 22% QoQ to $267 million[3, 18] - Platform ARR reached $2542 million, representing 34% of the total ARR[14]