Fair Isaac (FICO) 10-Q 4 Feb 25 2025 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Dec. 31, 2024	Jan. 21, 2025
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2024
Document Transition Report	false
Entity File Number	1-11689
Entity Registrant Name	Fair Isaac Corp
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-1499887
Entity Address, Address Line One	5 West Mendenhall, Suite 105
Entity Address, Postal Zip Code	59715
Entity Address, City or Town	Bozeman,
Entity Address, State or Province	MT
City Area Code	406
Local Phone Number	982-7276
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	FICO
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		24,418,138
Entity Central Index Key	0000814547
Current Fiscal Year End Date	--09-30
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q1
Amendment Flag	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) shares in Thousands, $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Current assets:
Cash and cash equivalents	$ 184,254	$ 150,667
Accounts receivable, net	350,924	426,642
Prepaid expenses and other current assets	60,658	40,104
Total current assets	595,836	617,413
Marketable securities	45,925	45,289
Property and equipment, net	43,018	38,465
Operating lease right-of-use assets	28,309	29,580
Goodwill	775,551	782,752
Deferred income tax	93,485	86,513
Other assets	124,484	117,872
Total assets	1,706,608	1,717,884
Current liabilities:
Accounts payable	23,190	22,473
Accrued compensation and employee benefits	77,109	106,103
Other accrued liabilities	50,662	79,812
Deferred revenue	165,359	156,897
Current maturities on debt	15,000	15,000
Total current liabilities	331,320	380,285
Long-term debt	2,406,100	2,194,021
Operating lease liabilities	20,881	21,963
Other liabilities	86,471	84,294
Total liabilities	2,844,772	2,680,563
Commitments and contingencies
Stockholders’ deficit:
Preferred stock ($0.01 par value; 1,000 shares authorized; none issued and outstanding)	0	0
Common stock ($0.01 par value; 200,000 shares authorized, 88,857 shares issued and 24,443 and 24,392 shares outstanding at December 31, 2024 and September 30, 2024, respectively)	244	244
Additional paid-in-capital	$ 1,201,828	$ 1,366,572
Treasury stock, shares	64,414	64,465
Treasury stock, at cost (64,414 and 64,465 shares at December 31, 2024 and September 30, 2024, respectively)	$ (6,285,951)	$ (6,138,736)
Retained earnings	4,053,398	3,900,870
Accumulated other comprehensive loss	(107,683)	(91,629)
Total stockholders’ deficit	(1,138,164)	(962,679)
Total liabilities and stockholders’ deficit	$ 1,706,608	$ 1,717,884

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2024	Sep. 30, 2024
Statement of Financial Position [Abstract]
Preferred stock, par value (in usd per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	88,857,000	88,857,000
Common stock, shares outstanding	24,443,000	24,392,000
Treasury stock, shares	64,414,000	64,465,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Total revenues	$ 439,968	$ 382,059
Operating expenses:
Cost of revenues	87,345	83,461
Research and development	45,145	42,635
Selling, general and administrative	127,950	104,329
Amortization of intangible assets	0	275
Total operating expenses	260,440	230,700
Operating income	179,528	151,359
Interest expense, net	(29,488)	(24,162)
Other income, net	89	3,393
Income before income taxes	150,129	130,590
Income tax provision (benefit)	(2,399)	9,525
Net income	152,528	121,065
Other comprehensive income (loss):
Foreign currency translation adjustments	(16,054)	8,703
Comprehensive income	$ 136,474	$ 129,768
Earnings per share:
Basic (in dollars per share)	$ 6.26	$ 4.89
Diluted (in dollars per share)	$ 6.14	$ 4.80
Shares used in computing earnings per share:
Basic (in shares)	24,378	24,764
Diluted (in shares)	24,827	25,219
On-premises and SaaS software
Total revenues	$ 186,011	$ 168,668
Professional services
Total revenues	18,282	21,279
Scores
Total revenues	$ 235,675	$ 192,112

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning Balance (in shares) at Sep. 30, 2023		24,770
Beginning Balance at Sep. 30, 2023	$ (687,990)	$ 248	$ 1,350,713	$ (5,324,865)	$ 3,388,059	$ (102,145)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	31,574		31,574
Issuance of treasury stock under employee stock plans (in shares)		187
Issuance of treasury stock under employee stock plans	(127,413)	$ 2	(143,156)	15,741
Repurchases of common stock (in shares)		(78)
Repurchases of common stock	(71,704)	$ (1)		(71,703)
Net income	121,065				121,065
Foreign currency translation adjustments	8,703					8,703
Ending Balance (in shares) at Dec. 31, 2023		24,879
Ending Balance at Dec. 31, 2023	(725,765)	$ 249	1,239,131	(5,380,827)	3,509,124	(93,442)
Beginning Balance (in shares) at Sep. 30, 2024		24,392
Beginning Balance at Sep. 30, 2024	(962,679)	$ 244	1,366,572	(6,138,736)	3,900,870	(91,629)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	40,654		40,654
Issuance of treasury stock under employee stock plans (in shares)		130
Issuance of treasury stock under employee stock plans	(192,864)	$ 1	(205,398)	12,533
Repurchases of common stock (in shares)		(79)
Repurchases of common stock	(159,749)	$ (1)		(159,748)
Net income	152,528				152,528
Foreign currency translation adjustments	(16,054)					(16,054)
Ending Balance (in shares) at Dec. 31, 2024		24,443
Ending Balance at Dec. 31, 2024	$ (1,138,164)	$ 244	$ 1,201,828	$ (6,285,951)	$ 4,053,398	$ (107,683)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Net income	$ 152,528	$ 121,065
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	3,535	2,824
Share-based compensation	40,654	31,574
Deferred income taxes	(5,947)	(4,435)
Net (gain) loss on marketable securities	1,135	(2,884)
Non-cash operating lease costs	2,840	3,500
Provision for doubtful accounts	495	419
Net (gain) loss on sales and abandonment of property and equipment	(8)	400
Changes in operating assets and liabilities:
Accounts receivable	57,370	27,399
Prepaid expenses and other assets	(19,768)	(13,457)
Accounts payable	841	(642)
Accrued compensation and employee benefits	(27,125)	(35,141)
Other liabilities	(26,238)	(16,490)
Deferred revenue	13,685	7,988
Net cash provided by operating activities	193,997	122,120
Cash flows from investing activities:
Purchases of property and equipment	(841)	(1,361)
Payments to Develop Software	(6,330)	0
Proceeds from sales of marketable securities	375	13,167
Purchases of marketable securities	(2,146)	(14,224)
Net cash used in investing activities	(8,942)	(2,418)
Cash flows from financing activities:
Proceeds from revolving line of credit and term loans	275,000	170,000
Payments on revolving line of credit and term loans	(63,750)	(70,750)
Payments on finance leases	22	0
Proceeds from issuance of treasury stock under employee stock plans	3,261	4,499
Taxes paid related to net share settlement of equity awards	(196,126)	(131,911)
Repurchases of common stock	(162,581)	(71,704)
Net cash used in financing activities	(144,218)	(99,866)
Effect of exchange rate changes on cash	(7,250)	3,807
Increase in cash and cash equivalents	33,587	23,643
Cash and cash equivalents, beginning of period	150,667	136,778
Cash and cash equivalents, end of period	184,254	160,421
Supplemental disclosures of cash flow information:
Cash paid for income taxes, net of refunds of $236 and $10 during the quarters ended December 31, 2024 and 2023, respectively	21,778	4,926
Cash paid for interest	43,714	38,236
Supplemental disclosures of non-cash investing and financing activities:
Purchase of property and equipment included in accounts payable	229	178
Unsettled repurchases of common stock	$ 10,559	$ 0

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Statement of Cash Flows [Abstract]
Proceeds from Income Tax Refunds	$ 236	$ 10

Nature of Business

Nature of Business	3 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Nature of Business	Nature of Business Fair Isaac Corporation Fair Isaac Corporation (NYSE: FICO) (together with its consolidated subsidiaries, the “Company,” which may also be referred to in this report as “we,” “us,” “our,” or “FICO”) is a global analytics software leader. We were founded in 1956 on the premise that data, used intelligently, can improve business decisions. Today, FICO’s software and the widely used FICO ® Score operationalize analytics, enabling thousands of businesses in more than 80 countries to uncover new opportunities, make timely decisions that matter, and execute them at scale. Most leading banks and credit card issuers rely on our solutions, as do insurers, retailers, telecommunications providers, automotive lenders, consumer reporting agencies, public agencies, and organizations in other industries. We also serve consumers through online services that enable people to access and understand their FICO ® Scores — the standard measure in the United States (“U.S.”) of consumer credit risk — empowering them to increase financial literacy and manage their financial health. Principles of Consolidation and Basis of Presentation We have prepared the accompanying unaudited interim condensed consolidated financial statements in accordance with the instructions to Form 10-Q and the applicable accounting guidance. Consequently, we have not necessarily included all information and footnotes required for audited financial statements. In our opinion, the accompanying unaudited interim condensed consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments, except as otherwise indicated) necessary for a fair presentation of our financial position and results of operations. These unaudited condensed consolidated financial statements and notes thereto should be read in conjunction with our audited consolidated financial statements and notes thereto presented in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024. The interim financial information contained in this report is not necessarily indicative of the results to be expected for any other interim period or for the entire fiscal year. The condensed consolidated financial statements include the accounts of FICO and its subsidiaries. All intercompany accounts and transactions have been eliminated. Use of Estimates We make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and the disclosures made in the accompanying notes. For example, we use estimates in determining the appropriate levels of various accruals; variable considerations included in the transaction price and standalone selling price of each performance obligation for our customer contracts; labor hours in connection with fixed-fee service contracts; the amount of our tax provision; and the realizability of deferred tax assets. We also use estimates in determining the remaining economic lives and carrying values of property and equipment and other long-lived assets. In addition, we use assumptions to estimate the fair value of reporting units and share-based compensation. Actual results may differ from our estimates. New Accounting Pronouncements Recent Accounting Pronouncements Not Yet Adopted In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-07, “ Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ” (“ASU 2023-07”). ASU 2023-07 expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses. The standard is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, which means that it will be effective for our annual periods beginning October 1, 2024, and our interim periods beginning October 1, 2025. Early adoption is permitted. We are currently evaluating the impact that the updated standard will have on our disclosures within our consolidated financial statements. In December 2023, the FASB issued ASU No. 2023-09, “ Income Taxes (Topic 740): Improvements to Income Tax Disclosures ” (“ASU 2023-09”). ASU 2023-09 requires disaggregated information about a reporting entity’s effective tax rate reconciliation as well as disaggregated information on income tax paid. The standard is effective for fiscal years beginning after December 15, 2024, which means that it will be effective for our fiscal years beginning October 1, 2025. Early adoption is permitted. We are currently evaluating the impact that the updated standard will have on our disclosures within our consolidated financial statements. In November 2024, the FASB issued ASU No. 2024-03, “Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses” (“ASU 2024-03”). ASU 2024-03 requires disaggregated disclosure of certain income statement expenses an entity presents on the face of the income statement into specified categories in disclosures within the footnotes to the financial statements, including employee compensation, depreciation, intangible asset amortization, and certain other expenses, when applicable. The standard is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, which means that it will be effective for our annual periods beginning October 1, 2027, and our interim periods beginning October 1, 2028. Early adoption is permitted. We are currently evaluating the impact that the updated standard will have on our disclosures within our consolidated financial statements. We do not expect that any other recently issued accounting pronouncements will have a significant effect on our consolidated financial statements.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair value is defined as the price that would be received from the sale of an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The accounting guidance establishes a three-level hierarchy for disclosure that is based on the extent and level of judgment used to estimate the fair value of assets and liabilities. • Level 1 — uses unadjusted quoted prices that are available in active markets for identical assets or liabilities. Our Level 1 assets were comprised of money market funds and certain marketable securities and our Level 1 liabilities included senior notes as of December 31, 2024 and September 30, 2024. • Level 2 — uses inputs other than quoted prices included in Level 1 that are either directly or indirectly observable through correlation with market data. These include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and inputs to valuation models or other pricing methodologies that do not require significant judgment because the inputs used in the model, such as interest rates and volatility, can be corroborated by readily observable market data. We did not have any assets or liabilities that are valued using inputs identified under a Level 2 hierarchy as of December 31, 2024 and September 30, 2024. • Level 3 — uses one or more significant inputs that are unobservable and supported by little or no market activity, and that reflect the use of significant management judgment. Level 3 assets and liabilities include those whose fair value measurements are determined using pricing models, discounted cash flow methodologies or similar valuation techniques, and significant management judgment or estimation. We did not have any assets or liabilities that are valued using inputs identified under a Level 3 hierarchy as of December 31, 2024 and September 30, 2024. The following tables represent financial assets that we measured at fair value on a recurring basis at December 31, 2024 and September 30, 2024: December 31, 2024 Active Markets for Fair Value as of (In thousands) Assets: Cash equivalents (1) $ 740 $ 740 Marketable securities (2) 45,925 45,925 Total $ 46,665 $ 46,665 September 30, 2024 Active Markets for Fair Value as of September 30, 2024 (In thousands) Assets: Cash equivalents (1) $ 7,899 $ 7,899 Marketable securities (2) 45,289 45,289 Total $ 53,188 $ 53,188 (1) Included in cash and cash equivalents on our condensed consolidated balance sheets at December 31, 2024 and September 30, 2024. Not included in these tables are cash deposits of $183.5 million and $142.8 million at December 31, 2024 and September 30, 2024, respectively. (2) Represents securities held under a supplemental retirement and savings plan for certain officers and senior management employees, which are distributed upon termination or retirement of the employees. Included in marketable securities on our condensed consolidated balance sheets at December 31, 2024 and September 30, 2024. See Note 6 for the fair value of our senior notes. There were no transfers between Level 1, Level 2, and Level 3 of the fair value hierarchy during the quarters ended December 31, 2024 and 2023.

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments We use derivative instruments to manage risks caused by fluctuations in foreign exchange rates. The primary objective of our derivative instruments is to protect the value of foreign-currency-denominated receivable and cash balances from the effects of volatility in foreign exchange rates that might occur prior to conversion to their functional currencies. We principally utilize foreign currency forward contracts, which enable us to buy and sell foreign currencies in the future at fixed exchange rates and economically offset changes in foreign exchange rates. We routinely enter into contracts to offset exposures denominated in the British pound, Euro, and Singapore dollar. Foreign currency-denominated receivable and cash balances are remeasured at foreign exchange rates in effect on the balance sheet date with the effects of changes in foreign exchange rates reported in other income, net. The forward contracts are not designated as hedges and are marked to market through other income, net. Fair value changes in the forward contracts help mitigate the changes in the value of the remeasured receivable and cash balances attributable to changes in foreign exchange rates. The forward contracts are short-term in nature and typically have average maturities at inception of less than three months. The following tables summarize our outstanding foreign currency forward contracts, by currency, at December 31, 2024 and September 30, 2024: December 31, 2024 Contract Amount Fair Value Foreign USD USD (In thousands) Sell foreign currency: Euro (EUR) EUR 8,600 $ 8,958 $ — Buy foreign currency: British pound (GBP) GBP 8,460 $ 10,600 $ — Singapore dollar (SGD) SGD 8,967 $ 6,600 $ — September 30, 2024 Contract Amount Fair Value Foreign USD USD (In thousands) Sell foreign currency: Euro (EUR) EUR 13,000 $ 14,531 $ — Buy foreign currency: British pound (GBP) GBP 12,237 $ 16,400 $ — Singapore dollar (SGD) SGD 7,404 $ 5,800 $ — The foreign currency forward contracts were entered into on December 31, 2024 and September 30, 2024; therefore, their fair value was $0 on each of these dates. Gains (losses) on derivative financial instruments were recorded in our condensed consolidated statements of income and comprehensive income as a component of other income, net, and consisted of the following: Quarter Ended December 31, 2024 2023 (In thousands) Gains (losses) on foreign currency forward contracts $ (1,384) $ 541

Goodwill

Goodwill	3 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill Disclosure	Goodwill The following table summarizes changes to goodwill during the quarter ended December 31, 2024, both in total and as allocated to our segments. As of December 31, 2024, there was no accumulated goodwill impairment loss. Scores Software Total (In thousands) Balance at September 30, 2024 $ 146,648 $ 636,104 $ 782,752 Foreign currency translation adjustment — (7,201) (7,201) Balance at December 31, 2024 $ 146,648 $ 628,903 $ 775,551

Composition of Certain Financia

Composition of Certain Financial Statement Captions	3 Months Ended
	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Composition of Certain Financial Statement Captions	Composition of Certain Financial Statement Captions The following table presents the composition of property and equipment, net and other accrued liabilities at December 31, 2024 and September 30, 2024: December 31, September 30, (In thousands) Property and equipment, net: Property and equipment $ 88,171 $ 99,408 Internal-use software 22,996 16,510 Less: accumulated depreciation and amortization (68,149) (77,453) Total $ 43,018 $ 38,465 Other accrued liabilities: Interest payable $ 7,880 $ 21,663 Other 42,782 58,149 Total $ 50,662 $ 79,812

Debt

Debt	3 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
Debt Disclosure	Debt The following table represents our debt at carrying value at December 31, 2024 and September 30, 2024: December 31, September 30, (In thousands) Current maturities on debt: The $300 Million Term Loan 15,000 15,000 Long-term debt: Revolving line of credit 425,000 210,000 The $300 Million Term Loan 240,000 243,750 The $450 Million Term Loan 450,000 450,000 The 2018 Senior Notes 400,000 400,000 The 2019 Senior Notes and the 2021 Senior Notes 900,000 900,000 Less: debt issuance costs (8,900) (9,729) Long-term debt 2,406,100 2,194,021 Total debt $ 2,421,100 $ 2,209,021 Revolving Line of Credit and Term Loans We have a $600 million unsecured revolving line of credit, a $300 million unsecured term loan (the “$300 Million Term Loan”), and a $450 million unsecured term loan (the “$450 Million Term Loan”) with a syndicate of banks that mature on August 19, 2026. Borrowings under the revolving line of credit and the term loans can be used for working capital and general corporate purposes and may also be used for the refinancing of existing debt, acquisitions, and the repurchase of our common stock. The $300 Million Term Loan requires principal payments in consecutive quarterly installments of $3.75 million on the last business day of each quarter. We have no obligation to make scheduled principal payments on the $450 Million Term Loan prior to the maturity date, but may prepay the $450 Million Term Loan, without premium or penalty, in whole or in part. Interest rates on amounts borrowed under the revolving line of credit and the term loans are based on (i) an adjusted base rate, which is the greatest of (a) the prime rate, (b) the Federal Funds rate plus 0.5%, and (c) one-month adjusted term Secured Overnight Financing Rate (“SOFR”) plus 1%, plus, in each case, an applicable margin, or (ii) an adjusted term SOFR plus an applicable margin (or, if such rate is no longer available, a successor benchmark rate determined in accordance with the terms of the credit agreement) . Adjusted term SOFR is defined as term SOFR for the relevant interest period plus a SOFR adjustment of 0.10% per annum. The applicable margin for base rate borrowings and for SOFR borrowings is determined based on our consolidated leverage ratio. The applicable margin for base rate borrowings ranges from 0% to 0.75% per annum and for SOFR borrowings ranges from 1% to 1.75% per annum. In addition, we must pay certain credit facility fees. The revolving line of credit and the term loans contain certain restrictive covenants including a maximum consolidated leverage ratio of 3.5 to 1.0, subject to a step up to 4.0 to 1.0 following certain permitted acquisitions and subject to certain conditions, and a minimum interest coverage ratio of 3.0 to 1.0. The credit agreement also contains other covenants typical of unsecured credit facilities. As of December 31, 2024, we had $425.0 million in borrowings outstanding under the revolving line of credit at a weighted-average interest rate of 5.762%, $255.0 million in outstanding balance of the $300 Million Term Loan at an interest rate of 5.794%, and $450.0 million in outstanding balance of the $450 Million Term Loan at an interest rate of 5.745%. We were in compliance with all financial covenants under the credit agreement as of December 31, 2024. Senior Notes On May 8, 2018, we issued $400 million of senior notes in a private offering to qualified institutional investors (the “2018 Senior Notes”). The 2018 Senior Notes require interest payments semi-annually at a rate of 5.25% per annum and will mature on May 15, 2026. On December 6, 2019, we issued $350 million of senior notes in a private offering to qualified institutional investors (the “2019 Senior Notes”). The 2019 Senior Notes require interest payments semi-annually at a rate of 4.00% per annum and will mature on June 15, 2028. On December 17, 2021, we issued $550 million of additional senior notes of the same class as the 2019 Senior Notes in a private offering to qualified institutional investors (the “2021 Senior Notes,” and collectively with the 2018 Senior Notes and the 2019 Senior Notes, the “Senior Notes”). The 2021 Senior Notes require interest payments semi-annually at a rate of 4.00% per annum and will mature on June 15, 2028, the same date as the 2019 Senior Notes. The indentures for the Senior Notes contain certain covenants typical of unsecured obligations and we were in compliance as of December 31, 2024. The following table presents the face values and fair values for the Senior Notes at December 31, 2024 and September 30, 2024: December 31, 2024 September 30, 2024 Face Value Fair Value Face Value Fair Value (In thousands) The 2018 Senior Notes $ 400,000 $ 398,000 $ 400,000 $ 399,500 The 2019 Senior Notes and the 2021 Senior Notes 900,000 849,375 900,000 864,000 Total $ 1,300,000 $ 1,247,375 $ 1,300,000 $ 1,263,500

Revenue from Contract with Cust

Revenue from Contract with Customer	3 Months Ended
	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer	Revenue from Contracts with Customers Disaggregation of Revenue The following tables provide information about disaggregated revenue by primary geographical market: Quarter Ended December 31, 2024 Scores Software Total Percentage (Dollars in thousands) Americas $ 232,966 $ 146,909 $ 379,875 87 % Europe, Middle East and Africa 1,877 34,482 36,359 8 % Asia Pacific 832 22,902 23,734 5 % Total $ 235,675 $ 204,293 $ 439,968 100 % Quarter Ended December 31, 2023 Scores Software Total Percentage (Dollars in thousands) Americas $ 184,948 $ 133,562 $ 318,510 83 % Europe, Middle East and Africa 1,308 35,060 36,368 10 % Asia Pacific 5,856 21,325 27,181 7 % Total $ 192,112 $ 189,947 $ 382,059 100 % The following table provides information about disaggregated revenue for on-premises and SaaS software within our Software segment by deployment method: Quarter Ended December 31, Percentage of revenues 2024 2023 2024 2023 (Dollars in thousands) On-premises software $ 82,835 $ 72,472 45 % 43 % SaaS software 103,176 96,196 55 % 57 % Total $ 186,011 $ 168,668 100 % 100 % The following table provides information about disaggregated revenue for on-premises and SaaS software within our Software segment by product features: Quarter Ended December 31, Percentage of revenues 2024 2023 2024 2023 (Dollars in thousands) Platform software $ 53,822 $ 45,173 29 % 27 % Non-platform software 132,189 123,495 71 % 73 % Total $ 186,011 $ 168,668 100 % 100 % The following table provides information about disaggregated revenue for on-premises and SaaS software within our Software segment by timing of revenue recognition: Quarter Ended December 31, Percentage of revenues 2024 2023 2024 2023 (Dollars in thousands) Software recognized at a point in time (1) $ 22,808 $ 13,782 12 % 8 % Software recognized over contract term (2) 163,203 154,886 88 % 92 % Total $ 186,011 $ 168,668 100 % 100 % (1) Includes license portion of our on-premises subscription software and perpetual license, both of which are recognized when the software is made available to the customer, or at the start of the subscription. (2) Includes maintenance portion and usage-based fees of our on-premises subscription software, maintenance revenue on perpetual licenses, as well as SaaS revenue. The following table provides information about disaggregated revenue for our Scores segment by distribution method: Quarter Ended December 31, Percentage of revenues 2024 2023 2024 2023 (Dollars in thousands) Business-to-business Scores $ 182,391 $ 140,442 77 % 73 % Business-to-consumer Scores 53,284 51,670 23 % 27 % Total $ 235,675 $ 192,112 100 % 100 % We derive a substantial portion of revenues from our contracts with the three major consumer reporting agencies, TransUnion, Equifax and Experian. Revenues collectively generated by agreements with these customers accounted for 44% and 39% of our total revenues in the quarters ended December 31, 2024 and 2023, respectively, with all three consumer reporting agencies each contributing more than 10% of our total revenues in each of the quarters ended December 31, 2024 and 2023. At each of December 31, 2024 and September 30, 2024, one individual customer accounted for 10% or more of total consolidated receivables. Contract Balances We record a receivable when we satisfy a performance obligation prior to invoicing if only the passage of time is required before payment is due or if we have an unconditional right to consideration before we satisfy a performance obligation. We record a contract asset when we satisfy a performance obligation prior to invoicing but our right to consideration is conditional. We record deferred revenue when the payment is made or due before we satisfy a performance obligation. Receivables at December 31, 2024 and September 30, 2024 consisted of the following: December 31, 2024 September 30, 2024 (In thousands) Billed $ 207,719 $ 264,942 Unbilled 200,702 210,795 408,421 475,737 Less: allowance for doubtful accounts (6,943) (6,454) Net receivables 401,478 469,283 Less: long-term receivables (*) (50,554) (42,641) Short-term receivables (*) $ 350,924 $ 426,642 (*) Short-term receivables and long-term receivables were recorded in accounts receivable, net and other assets, respectively, within the accompanying condensed consolidated balance sheets. Deferred revenue primarily relates to our maintenance and SaaS contracts billed annually in advance and generally recognized ratably over the term of the service period. Significant changes in the deferred revenues balances are as follows: Quarter Ended (In thousands) Deferred revenues, beginning balance (*) $ 160,209 Revenue recognized that was included in the deferred revenues balance at the beginning of the period (75,280) Increases due to billings, excluding amounts recognized as revenue during the period 83,650 Deferred revenues, ending balance (*) $ 168,579 (*) Deferred revenues at December 31, 2024 included current portion of $165.4 million and long-term portion of $3.2 million that were recorded in deferred revenue and other liabilities, respectively, within the condensed consolidated balance sheets. Deferred revenues at September 30, 2024 included current portion of $156.9 million and long-term portion of $3.3 million that were recorded in deferred revenue and other liabilities, respectively, within the condensed consolidated balance sheets. Payment terms and conditions vary by contract type, although terms generally include a requirement of payment within 30 to 60 days. In instances where the timing of revenue recognition differs from the timing of invoicing, we have determined our contracts generally do not include a significant financing component. The primary purpose of our invoicing terms is to provide customers with simplified and predictable ways of purchasing our products and services, not to provide customers with financing or to receive financing from our customers. Examples include multi-year on-premises licenses that are invoiced annually with revenue recognized upfront and invoicing at the beginning of a subscription term with revenue recognized ratably over the contract period. Performance Obligations Revenue allocated to remaining performance obligations represents contracted revenue that will be recognized in future periods, which is comprised of deferred revenue and amounts that will be invoiced and recognized as revenue in future periods. This does not include: • Usage-based revenue that will be recognized in future periods from on-premises software subscriptions; • Consumption-based variable fees from SaaS software that will be recognized in the distinct service period during which it is earned; and • Revenue from variable considerations that will be recognized in accordance with the “right-to-invoice” practical expedient, such as fees from our professional services billed based on a time and materials basis. Revenue allocated to remaining performance obligations was $496.3 million as of December 31, 2024, approximately 50% of which we expect to recognize over the next 14 months and the remainder thereafter. Revenue allocated to remaining performance obligations was $507.3 million as of September 30, 2024.

Income Taxes

Income Taxes	3 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Effective Tax Rate The effective income tax rate was (1.6)% and 7.3% during the quarters ended December 31, 2024 and 2023, respectively. The income tax provision (benefit) during interim quarterly reporting periods is based on our estimates of the effective tax rates for the full fiscal year. The effective tax rate in any quarter can also be affected positively or negatively by adjustments that are required to be reported in the specific quarter of resolution. The Organization for Economic Co-operation and Development published Pillar Two Model Rules (“Pillar Two”) for a global 15% minimum tax rate that are in the process of being adopted by a number of jurisdictions in which we operate. FICO continues to monitor these legislative developments and does not expect Pillar Two to have material impacts on its fiscal 2025 consolidated financial statements. The total unrecognized tax benefit for uncertain tax positions was estimated to be $20.7 million and $19.9 million at December 31, 2024 and September 30, 2024, respectively. We recognize interest expense related to unrecognized tax benefits and penalties as part of the income tax provision (benefit) in our condensed consolidated statements of income and comprehensive income. We accrued interest of $2.0 million and $1.7 million related to unrecognized tax benefits as of December 31, 2024 and September 30, 2024, respectively.

Share-Based Employee Benefit Pl

Share-Based Employee Benefit Plans	3 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Stock-Based Employee Benefit Plans	Share-Based Employee Benefit Plans We maintain the 2021 Long-Term Incentive Plan (the “2021 Plan”) under which we grant equity awards, including stock options, stock appreciation rights, restricted stock awards, stock unit awards and other share-based awards. All employees, consultants and advisors of FICO or any subsidiary, as well as all non-employee directors, are eligible to receive awards under the 2021 Plan. Stock option awards have a maximum term of ten years. In general, stock option awards and stock unit awards not subject to market or performance conditions vest annually over four years. Stock unit awards subject to market or performance conditions generally vest annually over three years based on the achievement of specified criteria. We also maintain the 2019 Employee Stock Purchase Plan (the “2019 Purchase Plan”) under which we are authorized to issue up to 1,000,000 shares of our common stock to eligible employees. Eligible employees may elect to have up to 15% of their eligible pay withheld through payroll deductions to purchase FICO common stock during semi-annual offering periods. The purchase price of the stock is 85% of the closing sales price of FICO common stock on the last trading day of each offering period. Offering period means the approximately six-month periods commencing (a) on the first trading day on or after September 1 and terminating on the last trading day in the following February, and (b) on the first trading day on or after March 1 and terminating on the last trading day in the following August. No shares were purchased under the 2019 Purchase Plan during the quarter ended December 31, 2024. Restricted Stock Units The following table summarizes restricted stock unit activity during the quarter ended December 31, 2024: Shares Weighted-average Grant-date Fair Value (In thousands) Outstanding at September 30, 2024 305 $ 724.40 Granted 45 2,220.91 Released (115) 644.10 Forfeited (3) 713.21 Outstanding at December 31, 2024 232 $ 1,053.74 Performance Share Units The following table summarizes performance share unit activity during the quarter ended December 31, 2024: Shares Weighted-average Grant-date Fair Value (In thousands) Outstanding at September 30, 2024 85 $ 786.85 Granted 14 2,227.11 Released (46) 665.25 Outstanding at December 31, 2024 53 $ 1,267.43 Market Share Units The following table summarizes market share unit activity during the quarter ended December 31, 2024: Shares Weighted-average Grant-date Fair Value (In thousands) Outstanding at September 30, 2024 62 $ 1,161.62 Granted 32 1,596.70 Released (46) 978.49 Outstanding at December 31, 2024 48 $ 1,628.37 Stock Options The following table summarizes option activity during the quarter ended December 31, 2024: Shares Weighted-average Exercise Price Weighted-average Remaining Contractual Term Aggregate Intrinsic Value (In thousands) (In years) (In thousands) Outstanding at September 30, 2024 189 $ 479.26 Granted 3 2,227.11 Exercised (12) 271.41 Outstanding at December 31, 2024 180 $ 515.74 3.23 $ 265,461 Exercisable at December 31, 2024 114 $ 312.27 1.94 $ 191,700 Vested or expected to vest at December 31, 2024 176 $ 507.12 3.18 $ 261,772

Earnings per Share

Earnings per Share	3 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share The following table presents reconciliations for the numerators and denominators of basic and diluted earnings per share (“EPS”) for the quarters ended December 31, 2024 and 2023: Quarter Ended December 31, 2024 2023 (In thousands, except per share data) Numerator for diluted and basic earnings per share: Net income $ 152,528 $ 121,065 Denominator — share: Basic weighted-average shares 24,378 24,764 Effect of dilutive securities 449 455 Diluted weighted-average shares 24,827 25,219 Earnings per share: Basic $ 6.26 $ 4.89 Diluted $ 6.14 $ 4.80

Segment Information

Segment Information	3 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Segment Information	Segment Information We are organized into two reportable segments: Scores and Software. Although we sell solutions and services to a large number of end user product and industry markets, our reportable business segments reflect the primary method in which management organizes and evaluates internal financial information to make operating decisions and assess performance. • Scores. This segment includes our business-to-business (“B2B”) scoring solutions and services which give our clients access to predictive credit and other scores that can be easily integrated into their transaction streams and decision-making processes. This segment also includes our business-to-consumer (“B2C”) scoring solutions, including our myFICO.com subscription offerings. • Software . This segment includes pre-configured analytic and decision management solutions designed for a specific type of business need or process — such as account origination, customer management, customer engagement, fraud detection, and marketing — as well as associated professional services. This segment also includes FICO ® Platform, a modular software offering designed to support advanced analytic and decision use cases, as well as stand-alone analytic and decisioning software that can be configured by our customers to address a wide variety of business use cases. These offerings are available to our customers as SaaS or as on-premises software. Our chief operating decision maker (“CODM”), who is our Chief Executive Officer, evaluates segment financial performance based on segment revenues and segment operating income. Segment operating expenses consist of direct and indirect costs principally related to personnel, facilities, IT infrastructure, consulting, travel and depreciation. Indirect costs are allocated to the segments generally based on relative segment revenues, fixed rates established by management based upon estimated expense contribution levels and other assumptions that management considers reasonable. We do not allocate broad-based incentive expense, share-based compensation expense, restructuring and acquisition-related expense, amortization expense, various corporate charges and certain other income and expense measures to our segments. These income and expense items are not allocated because they are not considered in evaluating the segment’s operating performance. Our CODM does not evaluate the financial performance of each segment based on its respective assets or capital expenditures; rather, depreciation and amortization amounts are allocated to the segments from their internal cost centers as described above. The following tables summarize segment information for the quarters ended December 31, 2024 and 2023: Quarter Ended December 31, 2024 Scores Software Unallocated Total (In thousands) Segment revenues: On-premises and SaaS software $ — $ 186,011 $ — $ 186,011 Professional services — 18,282 — 18,282 Scores 235,675 — — 235,675 Total segment revenues 235,675 204,293 — 439,968 Segment operating expense (31,904) (143,551) (44,331) (219,786) Segment operating income $ 203,771 $ 60,742 $ (44,331) 220,182 Unallocated share-based compensation expense (40,654) Operating income 179,528 Unallocated interest expense, net (29,488) Unallocated other income, net 89 Income before income taxes $ 150,129 Depreciation and amortization $ 125 $ 2,452 $ 18 $ 2,595 Quarter Ended December 31, 2023 Scores Software Unallocated Total (In thousands) Segment revenues: On-premises and SaaS software $ — $ 168,668 $ — $ 168,668 Professional services — 21,279 — 21,279 Scores 192,112 — — 192,112 Total segment revenues 192,112 189,947 — 382,059 Segment operating expense (23,458) (134,825) (40,568) (198,851) Segment operating income $ 168,654 $ 55,122 $ (40,568) 183,208 Unallocated share-based compensation expense (31,574) Unallocated amortization expense (275) Operating income 151,359 Unallocated interest expense, net (24,162) Unallocated other income, net 3,393 Income before income taxes $ 130,590 Depreciation and amortization $ 81 $ 1,598 $ 12 $ 1,691

Contingencies

Contingencies	3 Months Ended
	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Contingencies	ContingenciesWe are in disputes with certain customers regarding amounts owed in connection with the sale of certain of our products and services. We also have had claims asserted by former employees relating to compensation and other employment matters. We are also involved in various other claims and legal actions arising in the ordinary course of business. We record litigation accruals for legal matters which are both probable and estimable. For legal proceedings for which there is a reasonable possibility of loss (meaning those losses for which the likelihood is more than remote but less than probable), we have determined

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Pay vs Performance Disclosure
Net income	$ 152,528	$ 121,065

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024 shares
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
William Lansing [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On November 11, 2024, William Lansing, our Chief Executive Officer and a member of our Board of Directors , entered into a pre-arranged trading plan that is intended to satisfy the affirmative defense of Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended. This plan provides for the sale of up to 63,877 shares of our common stock in the aggregate, and terminates on the earlier of the close of business on December 5, 2025 or the date all shares are sold thereunder.
Name	William Lansing
Title	Chief Executive Officer and a member of our Board of Directors
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	November 11, 2024
Expiration Date	December 5, 2025
Arrangement Duration	389 days
Aggregate Available	63,877

Nature of Business (Policies)

Nature of Business (Policies)	3 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Fair Isaac Corporation	Fair Isaac Corporation Fair Isaac Corporation (NYSE: FICO) (together with its consolidated subsidiaries, the “Company,” which may also be referred to in this report as “we,” “us,” “our,” or “FICO”) is a global analytics software leader. We were founded in 1956 on the premise that data, used intelligently, can improve business decisions. Today, FICO’s software and the widely used FICO ® Score operationalize analytics, enabling thousands of businesses in more than 80 countries to uncover new opportunities, make timely decisions that matter, and execute them at scale. Most leading banks and credit card issuers rely on our solutions, as do insurers, retailers, telecommunications providers, automotive lenders, consumer reporting agencies, public agencies, and organizations in other industries. We also serve consumers through online services that enable people to access and understand their FICO ® Scores — the standard measure in the United States (“U.S.”) of consumer credit risk — empowering them to increase financial literacy and manage their financial health.
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation We have prepared the accompanying unaudited interim condensed consolidated financial statements in accordance with the instructions to Form 10-Q and the applicable accounting guidance. Consequently, we have not necessarily included all information and footnotes required for audited financial statements. In our opinion, the accompanying unaudited interim condensed consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments, except as otherwise indicated) necessary for a fair presentation of our financial position and results of operations. These unaudited condensed consolidated financial statements and notes thereto should be read in conjunction with our audited consolidated financial statements and notes thereto presented in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024. The interim financial information contained in this report is not necessarily indicative of the results to be expected for any other interim period or for the entire fiscal year. The condensed consolidated financial statements include the accounts of FICO and its subsidiaries. All intercompany accounts and transactions have been eliminated.
Use of Estimates	Use of Estimates We make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and the disclosures made in the accompanying notes. For example, we use estimates in determining the appropriate levels of various accruals; variable considerations included in the transaction price and standalone selling price of each performance obligation for our customer contracts; labor hours in connection with fixed-fee service contracts; the amount of our tax provision; and the realizability of deferred tax assets. We also use estimates in determining the remaining economic lives and carrying values of property and equipment and other long-lived assets. In addition, we use assumptions to estimate the fair value of reporting units and share-based compensation. Actual results may differ from our estimates.
New Accounting Pronouncements	New Accounting Pronouncements Recent Accounting Pronouncements Not Yet Adopted In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-07, “ Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ” (“ASU 2023-07”). ASU 2023-07 expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses. The standard is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, which means that it will be effective for our annual periods beginning October 1, 2024, and our interim periods beginning October 1, 2025. Early adoption is permitted. We are currently evaluating the impact that the updated standard will have on our disclosures within our consolidated financial statements. In December 2023, the FASB issued ASU No. 2023-09, “ Income Taxes (Topic 740): Improvements to Income Tax Disclosures ” (“ASU 2023-09”). ASU 2023-09 requires disaggregated information about a reporting entity’s effective tax rate reconciliation as well as disaggregated information on income tax paid. The standard is effective for fiscal years beginning after December 15, 2024, which means that it will be effective for our fiscal years beginning October 1, 2025. Early adoption is permitted. We are currently evaluating the impact that the updated standard will have on our disclosures within our consolidated financial statements. In November 2024, the FASB issued ASU No. 2024-03, “Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses” (“ASU 2024-03”). ASU 2024-03 requires disaggregated disclosure of certain income statement expenses an entity presents on the face of the income statement into specified categories in disclosures within the footnotes to the financial statements, including employee compensation, depreciation, intangible asset amortization, and certain other expenses, when applicable. The standard is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, which means that it will be effective for our annual periods beginning October 1, 2027, and our interim periods beginning October 1, 2028. Early adoption is permitted. We are currently evaluating the impact that the updated standard will have on our disclosures within our consolidated financial statements. We do not expect that any other recently issued accounting pronouncements will have a significant effect on our consolidated financial statements.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
Financial Assets Measured on a Recurring Basis	The following tables represent financial assets that we measured at fair value on a recurring basis at December 31, 2024 and September 30, 2024: December 31, 2024 Active Markets for Fair Value as of (In thousands) Assets: Cash equivalents (1) $ 740 $ 740 Marketable securities (2) 45,925 45,925 Total $ 46,665 $ 46,665 September 30, 2024 Active Markets for Fair Value as of September 30, 2024 (In thousands) Assets: Cash equivalents (1) $ 7,899 $ 7,899 Marketable securities (2) 45,289 45,289 Total $ 53,188 $ 53,188 (1) Included in cash and cash equivalents on our condensed consolidated balance sheets at December 31, 2024 and September 30, 2024. Not included in these tables are cash deposits of $183.5 million and $142.8 million at December 31, 2024 and September 30, 2024, respectively. (2) Represents securities held under a supplemental retirement and savings plan for certain officers and senior management employees, which are distributed upon termination or retirement of the employees. Included in marketable securities on our condensed consolidated balance sheets at December 31, 2024 and September 30, 2024.

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	3 Months Ended
	Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of Outstanding Foreign Currency Forward Contracts	The following tables summarize our outstanding foreign currency forward contracts, by currency, at December 31, 2024 and September 30, 2024: December 31, 2024 Contract Amount Fair Value Foreign USD USD (In thousands) Sell foreign currency: Euro (EUR) EUR 8,600 $ 8,958 $ — Buy foreign currency: British pound (GBP) GBP 8,460 $ 10,600 $ — Singapore dollar (SGD) SGD 8,967 $ 6,600 $ — September 30, 2024 Contract Amount Fair Value Foreign USD USD (In thousands) Sell foreign currency: Euro (EUR) EUR 13,000 $ 14,531 $ — Buy foreign currency: British pound (GBP) GBP 12,237 $ 16,400 $ — Singapore dollar (SGD) SGD 7,404 $ 5,800 $ —
Gains (Losses) on Derivative Financial Instruments	Gains (losses) on derivative financial instruments were recorded in our condensed consolidated statements of income and comprehensive income as a component of other income, net, and consisted of the following: Quarter Ended December 31, 2024 2023 (In thousands) Gains (losses) on foreign currency forward contracts $ (1,384) $ 541

Goodwill (Tables)

Goodwill (Tables)	3 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table summarizes changes to goodwill during the quarter ended December 31, 2024, both in total and as allocated to our segments. As of December 31, 2024, there was no accumulated goodwill impairment loss. Scores Software Total (In thousands) Balance at September 30, 2024 $ 146,648 $ 636,104 $ 782,752 Foreign currency translation adjustment — (7,201) (7,201) Balance at December 31, 2024 $ 146,648 $ 628,903 $ 775,551

Composition of Certain Financ_2

Composition of Certain Financial Statement Captions (Tables)	3 Months Ended
	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Property and Equipment and Other Accrued Liabilities	The following table presents the composition of property and equipment, net and other accrued liabilities at December 31, 2024 and September 30, 2024: December 31, September 30, (In thousands) Property and equipment, net: Property and equipment $ 88,171 $ 99,408 Internal-use software 22,996 16,510 Less: accumulated depreciation and amortization (68,149) (77,453) Total $ 43,018 $ 38,465 Other accrued liabilities: Interest payable $ 7,880 $ 21,663 Other 42,782 58,149 Total $ 50,662 $ 79,812

Debt (Tables)

Debt (Tables)	3 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
Schedule of Debt	The following table represents our debt at carrying value at December 31, 2024 and September 30, 2024: December 31, September 30, (In thousands) Current maturities on debt: The $300 Million Term Loan 15,000 15,000 Long-term debt: Revolving line of credit 425,000 210,000 The $300 Million Term Loan 240,000 243,750 The $450 Million Term Loan 450,000 450,000 The 2018 Senior Notes 400,000 400,000 The 2019 Senior Notes and the 2021 Senior Notes 900,000 900,000 Less: debt issuance costs (8,900) (9,729) Long-term debt 2,406,100 2,194,021 Total debt $ 2,421,100 $ 2,209,021
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments	The following table presents the face values and fair values for the Senior Notes at December 31, 2024 and September 30, 2024: December 31, 2024 September 30, 2024 Face Value Fair Value Face Value Fair Value (In thousands) The 2018 Senior Notes $ 400,000 $ 398,000 $ 400,000 $ 399,500 The 2019 Senior Notes and the 2021 Senior Notes 900,000 849,375 900,000 864,000 Total $ 1,300,000 $ 1,247,375 $ 1,300,000 $ 1,263,500

Revenue from Contract with Cu_2

Revenue from Contract with Customer (Tables)	3 Months Ended
	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following tables provide information about disaggregated revenue by primary geographical market: Quarter Ended December 31, 2024 Scores Software Total Percentage (Dollars in thousands) Americas $ 232,966 $ 146,909 $ 379,875 87 % Europe, Middle East and Africa 1,877 34,482 36,359 8 % Asia Pacific 832 22,902 23,734 5 % Total $ 235,675 $ 204,293 $ 439,968 100 % Quarter Ended December 31, 2023 Scores Software Total Percentage (Dollars in thousands) Americas $ 184,948 $ 133,562 $ 318,510 83 % Europe, Middle East and Africa 1,308 35,060 36,368 10 % Asia Pacific 5,856 21,325 27,181 7 % Total $ 192,112 $ 189,947 $ 382,059 100 % The following table provides information about disaggregated revenue for on-premises and SaaS software within our Software segment by deployment method: Quarter Ended December 31, Percentage of revenues 2024 2023 2024 2023 (Dollars in thousands) On-premises software $ 82,835 $ 72,472 45 % 43 % SaaS software 103,176 96,196 55 % 57 % Total $ 186,011 $ 168,668 100 % 100 % The following table provides information about disaggregated revenue for on-premises and SaaS software within our Software segment by product features: Quarter Ended December 31, Percentage of revenues 2024 2023 2024 2023 (Dollars in thousands) Platform software $ 53,822 $ 45,173 29 % 27 % Non-platform software 132,189 123,495 71 % 73 % Total $ 186,011 $ 168,668 100 % 100 % The following table provides information about disaggregated revenue for on-premises and SaaS software within our Software segment by timing of revenue recognition: Quarter Ended December 31, Percentage of revenues 2024 2023 2024 2023 (Dollars in thousands) Software recognized at a point in time (1) $ 22,808 $ 13,782 12 % 8 % Software recognized over contract term (2) 163,203 154,886 88 % 92 % Total $ 186,011 $ 168,668 100 % 100 % (1) Includes license portion of our on-premises subscription software and perpetual license, both of which are recognized when the software is made available to the customer, or at the start of the subscription. (2) Includes maintenance portion and usage-based fees of our on-premises subscription software, maintenance revenue on perpetual licenses, as well as SaaS revenue. The following table provides information about disaggregated revenue for our Scores segment by distribution method: Quarter Ended December 31, Percentage of revenues 2024 2023 2024 2023 (Dollars in thousands) Business-to-business Scores $ 182,391 $ 140,442 77 % 73 % Business-to-consumer Scores 53,284 51,670 23 % 27 % Total $ 235,675 $ 192,112 100 % 100 % We derive a substantial portion of revenues from our contracts with the three major consumer reporting agencies, TransUnion, Equifax and Experian. Revenues collectively generated by agreements with these customers accounted for 44% and 39% of our total revenues in the quarters ended December 31, 2024 and 2023, respectively, with all three consumer reporting agencies each contributing more than 10% of our total revenues in each of the quarters ended December 31, 2024 and 2023. At each of December 31, 2024 and September 30, 2024, one individual customer accounted for 10% or more of total consolidated receivables.
Schedule of Accounts Receivable	Receivables at December 31, 2024 and September 30, 2024 consisted of the following: December 31, 2024 September 30, 2024 (In thousands) Billed $ 207,719 $ 264,942 Unbilled 200,702 210,795 408,421 475,737 Less: allowance for doubtful accounts (6,943) (6,454) Net receivables 401,478 469,283 Less: long-term receivables (*) (50,554) (42,641) Short-term receivables (*) $ 350,924 $ 426,642 (*) Short-term receivables and long-term receivables were recorded in accounts receivable, net and other assets, respectively, within the accompanying condensed consolidated balance sheets.
Deferred Revenue, by Arrangement, Disclosure	Deferred revenue primarily relates to our maintenance and SaaS contracts billed annually in advance and generally recognized ratably over the term of the service period. Significant changes in the deferred revenues balances are as follows: Quarter Ended (In thousands) Deferred revenues, beginning balance (*) $ 160,209 Revenue recognized that was included in the deferred revenues balance at the beginning of the period (75,280) Increases due to billings, excluding amounts recognized as revenue during the period 83,650 Deferred revenues, ending balance (*) $ 168,579 (*) Deferred revenues at December 31, 2024 included current portion of $165.4 million and long-term portion of $3.2 million that were recorded in deferred revenue and other liabilities, respectively, within the condensed consolidated balance sheets. Deferred revenues at September 30, 2024 included current portion of $156.9 million and long-term portion of $3.3 million that were recorded in deferred revenue and other liabilities, respectively, within the condensed consolidated balance sheets.

Share-Based Employee Benefit _2

Share-Based Employee Benefit Plans (Tables)	3 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Summary of Restricted Stock Unit Activity	The following table summarizes restricted stock unit activity during the quarter ended December 31, 2024: Shares Weighted-average Grant-date Fair Value (In thousands) Outstanding at September 30, 2024 305 $ 724.40 Granted 45 2,220.91 Released (115) 644.10 Forfeited (3) 713.21 Outstanding at December 31, 2024 232 $ 1,053.74
Summary of Performance Share Unit Activity	The following table summarizes performance share unit activity during the quarter ended December 31, 2024: Shares Weighted-average Grant-date Fair Value (In thousands) Outstanding at September 30, 2024 85 $ 786.85 Granted 14 2,227.11 Released (46) 665.25 Outstanding at December 31, 2024 53 $ 1,267.43
Summary of Market Share Unit Activity	The following table summarizes market share unit activity during the quarter ended December 31, 2024: Shares Weighted-average Grant-date Fair Value (In thousands) Outstanding at September 30, 2024 62 $ 1,161.62 Granted 32 1,596.70 Released (46) 978.49 Outstanding at December 31, 2024 48 $ 1,628.37
Summary of Option Activity	The following table summarizes option activity during the quarter ended December 31, 2024: Shares Weighted-average Exercise Price Weighted-average Remaining Contractual Term Aggregate Intrinsic Value (In thousands) (In years) (In thousands) Outstanding at September 30, 2024 189 $ 479.26 Granted 3 2,227.11 Exercised (12) 271.41 Outstanding at December 31, 2024 180 $ 515.74 3.23 $ 265,461 Exercisable at December 31, 2024 114 $ 312.27 1.94 $ 191,700 Vested or expected to vest at December 31, 2024 176 $ 507.12 3.18 $ 261,772

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Share	The following table presents reconciliations for the numerators and denominators of basic and diluted earnings per share (“EPS”) for the quarters ended December 31, 2024 and 2023: Quarter Ended December 31, 2024 2023 (In thousands, except per share data) Numerator for diluted and basic earnings per share: Net income $ 152,528 $ 121,065 Denominator — share: Basic weighted-average shares 24,378 24,764 Effect of dilutive securities 449 455 Diluted weighted-average shares 24,827 25,219 Earnings per share: Basic $ 6.26 $ 4.89 Diluted $ 6.14 $ 4.80

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Summary of Segment Information	The following tables summarize segment information for the quarters ended December 31, 2024 and 2023: Quarter Ended December 31, 2024 Scores Software Unallocated Total (In thousands) Segment revenues: On-premises and SaaS software $ — $ 186,011 $ — $ 186,011 Professional services — 18,282 — 18,282 Scores 235,675 — — 235,675 Total segment revenues 235,675 204,293 — 439,968 Segment operating expense (31,904) (143,551) (44,331) (219,786) Segment operating income $ 203,771 $ 60,742 $ (44,331) 220,182 Unallocated share-based compensation expense (40,654) Operating income 179,528 Unallocated interest expense, net (29,488) Unallocated other income, net 89 Income before income taxes $ 150,129 Depreciation and amortization $ 125 $ 2,452 $ 18 $ 2,595 Quarter Ended December 31, 2023 Scores Software Unallocated Total (In thousands) Segment revenues: On-premises and SaaS software $ — $ 168,668 $ — $ 168,668 Professional services — 21,279 — 21,279 Scores 192,112 — — 192,112 Total segment revenues 192,112 189,947 — 382,059 Segment operating expense (23,458) (134,825) (40,568) (198,851) Segment operating income $ 168,654 $ 55,122 $ (40,568) 183,208 Unallocated share-based compensation expense (31,574) Unallocated amortization expense (275) Operating income 151,359 Unallocated interest expense, net (24,162) Unallocated other income, net 3,393 Income before income taxes $ 130,590 Depreciation and amortization $ 81 $ 1,598 $ 12 $ 1,691

Nature of Business (Details)

Nature of Business (Details)	Dec. 31, 2024 country
Accounting Policies [Abstract]
Number of Countries in which Entity Operates	80

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands		Dec. 31, 2024	Sep. 30, 2024
Assets:
Marketable securities		$ 45,925	$ 45,289
Cash deposits		183,500	142,800
Fair Value, Measurements, Recurring
Assets:
Cash equivalents	[1]	740	7,899
Marketable securities	[2]	45,925	45,289
Total		46,665	53,188
Fair Value, Measurements, Recurring | Active Markets for Identical Instruments (Level 1)
Assets:
Cash equivalents	[1]	740	7,899
Marketable securities	[2]	45,925	45,289
Total		$ 46,665	$ 53,188
[1] Included in cash and cash equivalents on our condensed consolidated balance sheets at December 31, 2024 and September 30, 2024. Not included in these tables are cash deposits of $183.5 million and $142.8 million at December 31, 2024 and September 30, 2024, respectively. Represents securities held under a supplemental retirement and savings plan for certain officers and senior management employees, which are distributed upon termination or retirement of the employees. Included in marketable securities on our condensed consolidated balance sheets at December 31, 2024 and September 30, 2024.

Derivative Financial Instrume_3

Derivative Financial Instruments - Additional Information (Detail) - USD ($)	3 Months Ended
	Dec. 31, 2024	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Short-term forward contracts, average maturities at inception (less than)	3 months
Foreign currency forward contracts
Derivative [Line Items]
Forward foreign currency contracts fair value	$ 0	$ 0

Derivative Financial Instrume_4

Derivative Financial Instruments - Summary of Outstanding Forward Foreign Currency Contracts by Currency (Detail) € in Thousands, £ in Thousands, $ in Thousands, $ in Thousands	Dec. 31, 2024 EUR (€)	Dec. 31, 2024 USD ($)	Dec. 31, 2024 GBP (£)	Dec. 31, 2024 SGD ($)	Sep. 30, 2024 EUR (€)	Sep. 30, 2024 USD ($)	Sep. 30, 2024 GBP (£)	Sep. 30, 2024 SGD ($)
Foreign Exchange Contracts To Sell European Euro for US Dollar
Derivative [Line Items]
Fair value of forward foreign currency contracts to sell and buy foreign currency		$ 0				$ 0
Foreign Exchange Contracts To Sell European Euro for US Dollar | Foreign currency forward contracts | Short | Not Designated as Hedging Instrument
Derivative [Line Items]
Contract amount of forward foreign currency contracts	€ 8,600	8,958			€ 13,000	14,531
Foreign Exchange Contracts To Purchase British Pounds With US Dollars
Derivative [Line Items]
Fair value of forward foreign currency contracts to sell and buy foreign currency		0				0
Foreign Exchange Contracts To Purchase British Pounds With US Dollars | Foreign currency forward contracts | Short | Not Designated as Hedging Instrument
Derivative [Line Items]
Contract amount of forward foreign currency contracts		10,600	£ 8,460			16,400	£ 12,237
Foreign Exchange Contracts To Purchase Singapore Dollars With US Dollars
Derivative [Line Items]
Fair value of forward foreign currency contracts to sell and buy foreign currency		0				0
Foreign Exchange Contracts To Purchase Singapore Dollars With US Dollars | Foreign currency forward contracts | Short | Not Designated as Hedging Instrument
Derivative [Line Items]
Contract amount of forward foreign currency contracts		$ 6,600		$ 8,967		$ 5,800		$ 7,404

Derivative Financial Instrume_5

Derivative Financial Instruments - Gains (Losses) on Derivative Financial Instruments Recorded in Consolidated Statements of Income (Detail) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Foreign currency forward contracts
Derivative [Line Items]
Gains (losses) on foreign currency forward contracts	$ (1,384)	$ 541

Goodwill (Details)

Goodwill (Details) $ in Millions	Dec. 31, 2024 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill, Impaired, Accumulated Impairment Loss	$ 0

Goodwill - Summary of Changes t

Goodwill - Summary of Changes to Goodwill (Detail) $ in Thousands	3 Months Ended
	Dec. 31, 2024 USD ($)
Goodwill [Roll Forward]
Balance at September 30, 2024	$ 782,752
Foreign currency translation adjustment	(7,201)
Balance at December 31, 2024	775,551
Scores
Goodwill [Roll Forward]
Balance at September 30, 2024	146,648
Foreign currency translation adjustment	0
Balance at December 31, 2024	146,648
Software
Goodwill [Roll Forward]
Balance at September 30, 2024	636,104
Foreign currency translation adjustment	(7,201)
Balance at December 31, 2024	$ 628,903

Composition of Certain Financ_3

Composition of Certain Financial Statement Captions - Property and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Property, Plant and Equipment [Line Items]
Less: accumulated depreciation and amortization	$ (68,149)	$ (77,453)
Property and equipment, net	43,018	38,465
Property and equipment
Property, Plant and Equipment [Line Items]
Property and equipment	88,171	99,408
Internal-use software
Property, Plant and Equipment [Line Items]
Property and equipment	$ 22,996	$ 16,510

Composition of Certain Financ_4

Composition of Certain Financial Statement Captions - Other Accrued Liability (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Interest payable	$ 7,880	$ 21,663
Other Accrued Liabilities, Current	42,782	58,149
Other accrued liabilities	$ 50,662	$ 79,812

Debt (Details)

Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Debt Instrument [Line Items]
Current maturities on debt	$ 15,000	$ 15,000
Debt issuance costs	(8,900)	(9,729)
Long-Term Debt, Excluding Current Maturities	2,406,100	2,194,021
Debt, Long-Term and Short-Term, Combined Amount	2,421,100	2,209,021
Senior Notes | May 2018 Senior Notes
Debt Instrument [Line Items]
Senior Notes, Noncurrent	400,000	400,000
Senior Notes | Dec 2019 and 2021 Senior Notes
Debt Instrument [Line Items]
Senior Notes, Noncurrent	900,000	900,000
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Line of Credit, Noncurrent	425,000	210,000
Revolving Credit Facility | Loans Payable
Debt Instrument [Line Items]
Loans Payable to Bank, Current	15,000	15,000
Revolving Credit Facility | Loans Payable | The $300 Million Term Loan
Debt Instrument [Line Items]
Loans Payable to Bank, Noncurrent	240,000	243,750
Revolving Credit Facility | Loans Payable | The $450 Million Term Loan
Debt Instrument [Line Items]
Loans Payable to Bank, Noncurrent	$ 450,000	$ 450,000

Revolving Line of Credit (Detai

Revolving Line of Credit (Detail)	Oct. 20, 2021 USD ($)	May 08, 2018 USD ($)	Dec. 31, 2024 USD ($)	Jun. 13, 2024 USD ($)
Line of Credit Facility [Line Items]
Revolving credit facility, expiration date		Aug. 19, 2026
Credit facility restrictive covenant, maximum consolidated leverage ratio		3.5
Credit facility restrictive covenant, maximum consolidated leverage ratio step up		4
Interest coverage ratio		3
Revolving Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Unsecured revolving line of credit		$ 600,000,000
Borrowings outstanding			$ 425,000,000
Interest rate of borrowings outstanding			5.762%
Revolving Credit Facility | Loans Payable
Line of Credit Facility [Line Items]
Line of Credit Facility, Periodic Payment	$ 3,750,000
Revolving Credit Facility | Loans Payable | The $300 Million Term Loan
Line of Credit Facility [Line Items]
Initial Term Loan to Bank	$ 300,000,000
Interest rate of borrowings outstanding			5.794%
Loans Payable to Bank			$ 255,000,000
Revolving Credit Facility | Loans Payable | The $450 Million Term Loan
Line of Credit Facility [Line Items]
Initial Term Loan to Bank				$ 450,000,000
Interest rate of borrowings outstanding			5.745%
Loans Payable to Bank			$ 450,000,000
Base Rate | Minimum
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate		0%
Base Rate | Maximum
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate		0.75%
SOFR | Revolving Credit Facility
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate		1%
SOFR | Minimum
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate		1%
SOFR | Maximum
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate		1.75%
Fed Funds Effective Rate | Revolving Credit Facility
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate		0.50%

Senior Notes (Details)

Senior Notes (Details) - Senior Notes - USD ($)	Dec. 17, 2021	Dec. 06, 2019	May 08, 2018	Dec. 31, 2024	Sep. 30, 2024
Debt Instrument [Line Items]
Long-Term Debt, Fair Value				$ 1,247,375,000	$ 1,263,500,000
Carrying value of Senior Notes				1,300,000,000	1,300,000,000
May 2018 Senior Notes
Debt Instrument [Line Items]
Senior Notes issued in a private placement to a group of institutional investors			$ 400,000,000
Debt Instrument, Interest Rate, Stated Percentage			5.25%
Debt instrument, maturity date			May 15, 2026
Long-Term Debt, Fair Value				398,000,000	399,500,000
Carrying value of Senior Notes				400,000,000	400,000,000
Senior Notes December 2019
Debt Instrument [Line Items]
Senior Notes issued in a private placement to a group of institutional investors		$ 350,000,000
Debt Instrument, Interest Rate, Stated Percentage		4%
Debt instrument, maturity date		Jun. 15, 2028
Senior Notes December 2021
Debt Instrument [Line Items]
Senior Notes issued in a private placement to a group of institutional investors	$ 550,000,000
Debt Instrument, Interest Rate, Stated Percentage	4%
Debt instrument, maturity date	Jun. 15, 2028
Dec 2019 and 2021 Senior Notes
Debt Instrument [Line Items]
Long-Term Debt, Fair Value				849,375,000	864,000,000
Carrying value of Senior Notes				$ 900,000,000	$ 900,000,000

Disaggregation of Revenue (Deta

Disaggregation of Revenue (Details) $ in Thousands	3 Months Ended
	Dec. 31, 2024 USD ($) Segment customer	Dec. 31, 2023 USD ($) Segment	Sep. 30, 2024 customer
Disaggregation of Revenue [Line Items]
Total revenues	$ 439,968	$ 382,059
Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	100%	100%
Revenue from Contract with Customer Benchmark [Member] | Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	100%	100%
Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Revenue, Number of Customers | Segment	(3)	(3)
Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk | TransUnion, Equifax and Experian customers
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	44%	39%
Accounts Receivable | Customer Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Receivables, Number of Customers | customer	1		1
On-premises and SaaS software
Disaggregation of Revenue [Line Items]
Total revenues	$ 186,011	$ 168,668
On-premises and SaaS software | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	100%	100%
On-premises and SaaS software | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk | Transferred at Point in Time
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	12%	8%
On-premises and SaaS software | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk | Transferred over Time
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	88%	92%
On-Premises | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	45%	43%
SaaS Products | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	55%	57%
Platform software | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	29%	27%
Non-platform software | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	71%	73%
Americas
Disaggregation of Revenue [Line Items]
Total revenues	$ 379,875	$ 318,510
Americas | Revenue from Contract with Customer Benchmark [Member] | Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	87%	83%
EMEA
Disaggregation of Revenue [Line Items]
Total revenues	$ 36,359	$ 36,368
EMEA | Revenue from Contract with Customer Benchmark [Member] | Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	8%	10%
Asia Pacific
Disaggregation of Revenue [Line Items]
Total revenues	$ 23,734	$ 27,181
Asia Pacific | Revenue from Contract with Customer Benchmark [Member] | Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	5%	7%
Scores
Disaggregation of Revenue [Line Items]
Total revenues	$ 235,675	$ 192,112
Scores | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	100%	100%
Scores | Business to business Scores
Disaggregation of Revenue [Line Items]
Total revenues	$ 182,391	$ 140,442
Scores | Business to business Scores | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	77%	73%
Scores | Business to consumer Scores
Disaggregation of Revenue [Line Items]
Total revenues	$ 53,284	$ 51,670
Scores | Business to consumer Scores | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	23%	27%
Scores | Operating Segments
Disaggregation of Revenue [Line Items]
Total revenues	$ 235,675	$ 192,112
Scores | Operating Segments | On-premises and SaaS software
Disaggregation of Revenue [Line Items]
Total revenues	0	0
Scores | Americas
Disaggregation of Revenue [Line Items]
Total revenues	232,966	184,948
Scores | EMEA
Disaggregation of Revenue [Line Items]
Total revenues	1,877	1,308
Scores | Asia Pacific
Disaggregation of Revenue [Line Items]
Total revenues	832	5,856
Software
Disaggregation of Revenue [Line Items]
Total revenues	204,293	189,947
Software | On-premises and SaaS software
Disaggregation of Revenue [Line Items]
Total revenues	186,011	168,668
Software | On-premises and SaaS software | Transferred at Point in Time
Disaggregation of Revenue [Line Items]
Total revenues	22,808	13,782
Software | On-premises and SaaS software | Transferred over Time
Disaggregation of Revenue [Line Items]
Total revenues	163,203	154,886
Software | On-Premises
Disaggregation of Revenue [Line Items]
Total revenues	82,835	72,472
Software | SaaS Products
Disaggregation of Revenue [Line Items]
Total revenues	103,176	96,196
Software | Platform software
Disaggregation of Revenue [Line Items]
Total revenues	53,822	45,173
Software | Non-platform software
Disaggregation of Revenue [Line Items]
Total revenues	132,189	123,495
Software | Operating Segments
Disaggregation of Revenue [Line Items]
Total revenues	204,293	189,947
Software | Operating Segments | On-premises and SaaS software
Disaggregation of Revenue [Line Items]
Total revenues	186,011	168,668
Software | Americas
Disaggregation of Revenue [Line Items]
Total revenues	146,909	133,562
Software | EMEA
Disaggregation of Revenue [Line Items]
Total revenues	34,482	35,060
Software | Asia Pacific
Disaggregation of Revenue [Line Items]
Total revenues	$ 22,902	$ 21,325

Contract Balance - Receivables

Contract Balance - Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Billed	$ 207,719	$ 264,942
Unbilled	200,702	210,795
Receivables Gross	408,421	475,737
Less: allowance for doubtful accounts	(6,943)	(6,454)
Accounts Receivable, after Allowance for Credit Loss	401,478	469,283
Less: long-term receivables	(50,554)	(42,641)
Accounts receivable, net	$ 350,924	$ 426,642

Contract Balance - Deferred Rev

Contract Balance - Deferred Revenues (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Contract with Customer, Liability	$ 168,579	$ 160,209
Revenue recognized that was included in the deferred revenues balance at the beginning of the period	75,280
Increases due to billings, excluding amounts recognized as revenue during the period	83,650
Deferred revenue, current portion	165,400	156,900
Deferred revenue, noncurrent	$ 3,200	$ 3,300

Contract Balances - Payment Ter

Contract Balances - Payment Terms (Details)	3 Months Ended
	Dec. 31, 2024
Minimum
Contract with Customer, Payment Term [Line Items]
Contract With Customer, Payment Term	30 days
Maximum
Contract with Customer, Payment Term [Line Items]
Contract With Customer, Payment Term	60 days

Performance Obligation (Details

Performance Obligation (Details) - USD ($) $ in Millions	Dec. 31, 2024	Sep. 30, 2024
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 496.3	$ 507.3
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Percentage	50%
Revenue, remaining performance obligation, expected timing of satisfaction, period	14 months

Income Taxes -Additional Inform

Income Taxes -Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Effective income tax rate	(1.60%)	7.30%
Unrecognized tax benefits, uncertain tax positions	$ 20.7		$ 19.9
Unrecognized tax benefits, accrued interest	$ 2		$ 1.7

Share-Based Employee Benefit _3

Share-Based Employee Benefit Plans - Additional Information (Details) shares in Thousands	3 Months Ended
	Dec. 31, 2024 shares
Employee stock option | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option awards term	10 years
Restricted stock units not subject to market or performance conditions
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	4 years
Restricted stock units subject to market or performance conditions
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized shares of common stock for grant under stock plan (in shares)	1,000
ESPP, percentage of salary withheld through payroll deductions to purchase FICO common stock	15%
ESPP, purchase price of the stock as a percentage of fair market value on the exercise date	85%
Shares Issued during the period	0

Share-Based Employee Benefit _4

Share-Based Employee Benefit Plans - Summary of Option Activity (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Dec. 31, 2024 USD ($) $ / shares shares
Shares
Outstanding at September 30, 2024 (in shares) | shares	189,000
Granted (in shares) | shares	3,000
Exercised (in dollars per share) | $ / shares	$ 271.41
Exercised (in shares) | shares	(12,000)
Outstanding at December 31, 2024 (in shares) | shares	180,000
Options, Exercisable at December 31, 2024, in Shares | shares	114,000
Vested and expected to vest at December 31, 2024 (in shares) | shares	176,000
Weighted-average Exercise Price
Outstanding at September 30, 2024 (in dollars per share) | $ / shares	$ 479.26
Granted (in dollars per share) | $ / shares	2,227.11
Outstanding at December 31, 2024 (in dollars per share) | $ / shares	515.74
Exercisable at December 31, 2024 (in dollars per share) | $ / shares	312.27
Vested and expected to vest at December 31, 2024 (in dollars per share) | $ / shares	$ 507.12
Weighted-average Remaining Contractual Term
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	3 years 2 months 23 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Weighted Average Remaining Contractual Term	1 year 11 months 8 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term	3 years 2 months 4 days
Aggregate Intrinsic Value
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value | $	$ 265,461
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value | $	191,700
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value | $	$ 261,772

Share-Based Employee Benefit _5

Share-Based Employee Benefit Plans - Summary of Restricted Stock Unit Activity (Details) - Restricted Stock Units shares in Thousands	3 Months Ended
	Dec. 31, 2024 $ / shares shares
Shares
Outstanding at September 30, 2024 (in shares) | shares	305
Granted (in shares) | shares	45
Released (in shares) | shares	(115)
Forfeited (in shares) | shares	(3)
Outstanding at December 31, 2024 (in shares) | shares	232
Weighted-average Grant-date Fair Value
Outstanding at September 30, 2024 (in dollars per share) | $ / shares	$ 724.40
Granted (in dollars per share) | $ / shares	2,220.91
Released (in dollars per share) | $ / shares	644.10
Forfeited (in dollars per share) | $ / shares	713.21
Outstanding at December 31, 2024 (in dollars per share) | $ / shares	$ 1,053.74

Share-Based Employee Benefit _6

Share-Based Employee Benefit Plans - Summary of Performance Share Unit and Market Share Unit Activity (Details) shares in Thousands	3 Months Ended
	Dec. 31, 2024 $ / shares shares
Performance Share Units
Shares
Outstanding at September 30, 2024 (in shares) | shares	85
Granted (in shares) | shares	14
Released (in shares) | shares	(46)
Outstanding at December 31, 2024 (in shares) | shares	53
Weighted- average Grant-date Fair Value
Outstanding at September 30, 2024 (in dollars per share) | $ / shares	$ 786.85
Granted (in dollars per share) | $ / shares	2,227.11
Released (in dollars per share) | $ / shares	665.25
Outstanding at December 31, 2024 (in dollars per share) | $ / shares	$ 1,267.43
Market Share Units
Shares
Outstanding at September 30, 2024 (in shares) | shares	62
Granted (in shares) | shares	32
Released (in shares) | shares	(46)
Outstanding at December 31, 2024 (in shares) | shares	48
Weighted- average Grant-date Fair Value
Outstanding at September 30, 2024 (in dollars per share) | $ / shares	$ 1,161.62
Granted (in dollars per share) | $ / shares	1,596.7
Released (in dollars per share) | $ / shares	978.49
Outstanding at December 31, 2024 (in dollars per share) | $ / shares	$ 1,628.37

Share-Based Employee Benefit _7

Share-Based Employee Benefit Plans - Summary of Employee Stock Purchase Plan (Details) shares in Thousands	3 Months Ended
	Dec. 31, 2024 shares
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares Issued during the period	0

Earnings per Share - Reconcilia

Earnings per Share - Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Numerator for diluted and basic earnings per share:
Net income	$ 152,528	$ 121,065
Denominator — share:
Basic weighted-average shares (in shares)	24,378	24,764
Effect of dilutive securities (in shares)	449	455
Diluted weighted-average shares (in shares)	24,827	25,219
Earnings per share:
Basic (in dollars per share)	$ 6.26	$ 4.89
Diluted (in dollars per share)	$ 6.14	$ 4.80

Segment Information - Additiona

Segment Information - Additional Information (Detail)	3 Months Ended
	Dec. 31, 2024 Segment
Segment Reporting [Abstract]
Number of reportable segments	2

Segment Information - Summary o

Segment Information - Summary of Segment Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Segment revenues:
Total revenues	$ 439,968	$ 382,059
Segment operating expense	(260,440)	(230,700)
Operating income	179,528	151,359
Unallocated share-based compensation expense	(40,654)	(31,574)
Unallocated amortization expense	0	(275)
Unallocated interest expense	(29,488)	(24,162)
Unallocated other income, net	89	3,393
Income before income taxes	150,129	130,590
Depreciation expense	2,595	1,691
Operating Segments
Segment revenues:
Segment operating expense	(219,786)	(198,851)
Operating income	220,182	183,208
Unallocated Corporate Expenses
Segment revenues:
Segment operating expense	(44,331)	(40,568)
Operating income	(44,331)	(40,568)
Depreciation expense	18	12
Scores
Segment revenues:
Total revenues	235,675	192,112
Scores | Operating Segments
Segment revenues:
Total revenues	235,675	192,112
Segment operating expense	(31,904)	(23,458)
Operating income	203,771	168,654
Depreciation expense	125	81
Software
Segment revenues:
Total revenues	204,293	189,947
Software | Operating Segments
Segment revenues:
Total revenues	204,293	189,947
Segment operating expense	(143,551)	(134,825)
Operating income	60,742	55,122
Depreciation expense	2,452	1,598
Professional services
Segment revenues:
Total revenues	18,282	21,279
Professional services | Scores | Operating Segments
Segment revenues:
Total revenues	0	0
Professional services | Software | Operating Segments
Segment revenues:
Total revenues	18,282	21,279
On-premises and SaaS software
Segment revenues:
Total revenues	186,011	168,668
On-premises and SaaS software | Scores | Operating Segments
Segment revenues:
Total revenues	0	0
On-premises and SaaS software | Software
Segment revenues:
Total revenues	186,011	168,668
On-premises and SaaS software | Software | Operating Segments
Segment revenues:
Total revenues	186,011	168,668
Scores
Segment revenues:
Total revenues	235,675	192,112
Scores | Scores | Operating Segments
Segment revenues:
Total revenues	235,675	192,112
Scores | Software | Operating Segments
Segment revenues:
Total revenues	$ 0	$ 0