Fair Isaac Corporation

NYSE-FICO

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	155	181.8	162.6	152.5	135.7	126.3
Net Income
Depreciation & Amortization	4	4	3.4	3.5	3.8	3.8
Depreciation and Amortization
Share-Based Compensation Expense	32.4	41.9	41.7	40.7	40	42.4
Share-Based Compensation
Other Adjustments	-13.9	-8.7	-1.8	-1.5	-7.2	-3.7
Deferred Income Taxes
Tax Effect from Share-Based Payment Arrangements
Excess Tax Benefits from Share-Based Payment Arrangements
Net Gain on Marketable Securities
Non-Cash Operating Lease Costs
Impairment Loss on Operating Lease Assets
Provision of Doubtful Accounts
Gain on Product Line Asset Sale
Net Income on Sales and Abandonment of Property and Equipment
Changes in Trade Receivables	-67.6	33.9	-124.1	57.4	13.5	25
Accounts Receivable
Changes in Accounts Payable	5.6	2.5	1	0.8	-0.1	4
Accounts Payable
Changes in Accrued Expenses	19.7	18.5	-1.1	-27.1	12.9	24.5
Accrued Compensation and Employee Benefits
Changes in Unearned Revenue	14.9	-3.3	4.4	13.7	1.9	6.3
Deferred Revenue
Changes in Other Operating Activities	73.9	15.6	-11.2	-46	26	-15.3
Prepaid Expenses and Other Assets
Other Liabilities
Cash from Operating Activities	223.7	286.2	74.9	194	226.5	213.3
Net Cash Provided by Operating Activities

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-4.2	-1.8	-2.1	-0.8	-1.8	-1.7
Purchases of Property and Equipment
Purchases of Intangible Assets	-8.7	-8.2	-7.3	-6.3	-5.4	-5.9
Capitalized Internal-Use Software Costs
Purchases of Investments	-0.8	-0.9	-2.6	-2.1	-0.5	-1
Purchases of Marketable Securities
Purchase of Equity Investment
Proceeds from Sale of Investments	0.3	0.4	1.1	0.4	0.1	0.3
Proceeds from Sales of Marketable Securities
Payments for Business Acquisitions	—	—	—	—	—	—
Cash Paid for Acquisitions, Net of Cash Acquired
Proceeds from Business Divestments	—	—	—	—	—	—
Cash Transferred, Net of Proceeds, from Product Line Asset Sale
Other Investing Activities	—	—	—	—	—	—
Distribution from Equity Investment
Cash from Investing Activities	-13.3	-10.5	-10.9	-8.9	-7.6	-8.4
Net Cash Provided by Investing Activities

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Issuance of Long-Term Debt	1,025	1,637.5	175	275	152	540
Proceeds from Revolving Line of Credit and Term Loans
Proceeds from Issuance of Senior Notes
Repayments of Long-Term Debt	-618.2	-1,236.3	-71.7	-63.8	-63.8	-463.7
Payments on Revolving Line of Credit and Term Loans
Payments on Senior Notes
Payments on Finance Leases
Net Issuance / (Repayments) of Long-Term Debt	406.8	401.2	103.3	211.2	88.2	76.3
Issuance of Common Shares	10.9	5.8	12.8	3.3	9.3	0.7
Proceeds from Issuance of Treasury Stock Under Employee Stock Plans
Repurchases of Common Shares	-549.4	-491.4	-219.6	-358.7	-325.5	-258.1
Taxes Paid Related to Net Share Settlement of Equity Awards
Repurchases of Common Stock
Net Issuance / (Repurchases) of Common Shares	-538.5	-485.6	-206.8	-355.4	-316.2	-257.4
Common Share Dividends Paid	—	—	—	—	—	—
Dividends Paid
Other Financing Activities	-8.6	-17.2	—	—	-0.4	-0.7
Payments on Debt Issuance Costs
Excess Tax Benefits from Share-Based Payment Arrangements
Cash from Financing Activities	-263.5	-239.1	-103.5	-144.2	-227.9	-181.8
Net Cash Provided by Financing Activities

Free Cash Flow	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Free Cash Flow	219.5	284.4	72.8	193.2	224.7	211.6
NOPAT	181.6	201.4	187.5	182.4	156.1	143.6
Levered Free Cash Flow	675.7	618.5	260.3	307.8	266.7	224.2
Unlevered Free Cash Flow	295.4	236.9	181.9	126.5	198.9	165.1
Net Change in Cash	-53.2	36.6	-39.5	40.8	-9	23.2