Fair Isaac Corporation — Earnings Quality Grade F
FICO · Technology
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 97 days, change +6 days YoY
AR growth 24.0% exceeds revenue growth 15.9%
Revenue 15.9%, CFFO 23.0%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 54.2% is >2x revenue growth 15.9%
SG&A/Gross Profit = 31.3%. Normal
Gross margin 82.2%, change +2.5pp. Stable
Cash Flow Quality
CFFO/NI = 1.19. Profits backed by cash
FCF $0.7B, FCF/NI = 1.13
Accruals ratio = -6.8%. Low accruals
Cash $0.1B covers only 4% of debt $3.1B
Balance Sheet Health
Goodwill+Intangibles $0.8B = -45% of equity. Manageable
Debt/EBITDA = 3.2x. Healthy
Other assets -4.5% vs revenue 15.9%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 0% YoY. Normal
Manipulation Score
M-Score = -2.68 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10