Fair Isaac (FICO) Revenue — Quarter Ended Dec 31, 2023
Revenue decreased from the preceding quarter, but remained higher than the same quarter last year. The sequential decline followed a prior quarter's drop, while the year-over-year growth continued.
Key takeaway
Quarter ended Dec 31, 2023 · FY2024 Q1
Revenue decreased from the preceding quarter, but remained higher than the same quarter last year. The sequential decline followed a prior quarter's drop, while the year-over-year growth continued.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$382.1M
Revenue reported for this quarter.
Quarter-over-quarter
-2.0%
Change from the immediately preceding quarter.
Year-over-year
+10.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $380.3M | +6.5% |
| Jun 30, 2023 | $398.7M | +14.2% |
| Sep 30, 2023 | $389.7M | +11.8% |
| Dec 31, 2023 | $382.1M | +10.8% |
Revenue performance
The reported revenue moved lower compared to the immediately preceding quarter, reflecting a second consecutive sequential decline. However, the top line outperformed the year-ago period.
Quarterly comparison
When compared to the prior quarter, revenue was down, reversing some of the earlier gains. Relative to the same quarter one year earlier, revenue improved, extending the positive year-over-year trend.
What to watch
Monitor whether the sequential revenue declines signal a temporary softness or a broader trend shift.