Fair Isaac Corporation stock research
FY2026 Q2
Fair Isaac (FICO) Gross Margin & Quarterly History
Explore Fair Isaac Corporation (FICO) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q2
Revenue and gross profit both increased from the prior quarter and from the same quarter last year. Cost of revenue was stable compared to the year-ago period and rose slightly from the prior quarter, yielding an improved gross margin relative to both comparison periods.
- The strongest observable driver is the gross margin ratio, which improved versus both the preceding quarter and the same quarter one year earlier, indicating that revenue grew faster than cost of revenue.
- Compared to the immediately preceding quarter, gross margin was higher. Compared to the same quarter one year earlier, gross margin was also higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
86.8%
Gross profit
$600.5M
Revenue
$691.7M
Cost of revenue
$91.2M
Quarter-over-quarter change
+3.9 pts
Year-over-year change
+4.4 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $536.4M | $448.8M | $87.6M | 83.7% |
| Sep 30, 2025 | $515.8M | $424.6M | $91.2M | 82.3% |
| Dec 31, 2025 | $512.0M | $424.7M | $87.3M | 83.0% |
| Mar 31, 2026 | $691.7M | $600.5M | $91.2M | 86.8% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
+3.9 pts
Year-over-year change
Mar 31, 2025
+4.4 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable driver is the gross margin ratio, which improved versus both the preceding quarter and the same quarter one year earlier, indicating that revenue grew faster than cost of revenue.
Compared to the immediately preceding quarter, gross margin was higher. Compared to the same quarter one year earlier, gross margin was also higher.
Monitor whether cost of revenue can remain stable as revenue continues to grow.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Fair Isaac Corporation (FICO) | 86.8% |