FICO announced that its Board of Directors approved a new open‑ended share‑repurchase program authorizing up to $1.5 billion of the company’s outstanding common stock. The approval followed the completion of a prior $1 billion buyback program that began in June 2025 and finished in February 2026.
The new program allows FICO to repurchase shares from the open market and through negotiated transactions, giving the company flexibility to return capital to shareholders as opportunities arise. The authorization covers up to 5.2 % of the company’s outstanding shares.
The decision comes after FICO reported strong Q1 fiscal 2026 results, with revenue of $512 million, up 16 % year‑over‑year, and non‑GAAP earnings per share of $7.33, beating analyst estimates of $7.08. The earnings beat was driven by a 29 % revenue increase in the Scores segment, the company’s core credit‑risk product, and a 25 % rise in the Scores segment in Q4 fiscal 2025.
Management’s guidance for fiscal 2026 remains unchanged, projecting non‑GAAP EPS of $38.17. The guidance reflects confidence in continued revenue growth and margin stability, supported by the company’s investment in its software platform, which grew 33 % in Q1 FY26.
Investors welcomed the announcement, with analysts noting the buyback as a signal that management views the stock as undervalued and highlighting the strong earnings beat as a key driver of the positive market reaction.
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