FICO(US:FICO)2021-05-10 23:45Financial Performance - Q2 2021 revenue reached $331 million, an 8% increase compared to $308 million in Q2 2020[2] - GAAP net income was $69 million, or $2.33 per share, in Q2 2021, compared to $58 million, or $1.94 per share, in Q2 2020[2] - Non-GAAP net income was $90 million, or $3.06 per share, in Q2 2021, compared to $64 million, or $2.14 per share, in Q2 2020[3] - Free cash flow was $152 million in Q2 2021, significantly higher than $55 million in Q2 2020[3] - Adjusted EBITDA reached $135.6 million in Q2 2021, a 28% increase year-over-year from $105.7 million[7] Revenue Breakdown - Scores revenue increased by 31% year-over-year, reaching $169 million[2] - Applications revenue decreased by 8% year-over-year, totaling $129 million[2] - Decision Management Software revenue decreased by 14% year-over-year, amounting to $33 million[2] Liquidity and Leverage - Total liquidity stood at $373 million, comprising $198 million in cash and $175 million available on the revolving line[5] - The leverage ratio for Q2 2021 was 1.60x[4] Additional Metrics - Non-GAAP operating margin was 39% in Q2 2021[7] - Bookings for Q2 2021 were $84 million[7]