FICO, the credit scoring company, reported fourth-quarter fiscal 2026 revenue of $657.0 million on 4 November 2026, up 27%, with GAAP EPS of $8.12 and non-GAAP EPS of $11.10, according to its results release. Fintechbits checked FICO’s November 2025 results, which gave fiscal 2026 guidance of $2.35 billion in revenue and $38.17 in non-GAAP EPS; for fiscal 2027 FICO is giving no guidance at all. Withholding FICO guidance is a sharp change from a year earlier. The company said it is moving to bespoke mortgage originations pricing and that programmes are still being finalised.

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Why FICO Guidance Is Missing

Explaining the missing FICO guidance, the company said elevated rates and affordability problems keep mortgage originations below normal, and that its pricing transition makes the year hard to forecast. Scores revenue rose 33%, with B2B up 39% on a higher mortgage score unit price despite lower volumes. The quarter included a $65 million accrual for a proposed settlement of antitrust class actions over its Scores business and a $27 million restructuring charge.

On the same day, FICO said DHI Mortgage, LoanDepot, Paramount Residential Mortgage Group and CMG Financial had joined its FICO Preferred Program, adding to six lenders already named, including Guild Mortgage and PennyMac. The programme gives lenders both Classic FICO Score and FICO Score 10T. FICO guidance will depend on how many more lenders sign before calendar 2027 pricing is set. Fintechbits has also explained how automated lending decisions work in its piece on AI loan declines.

The quarter’s GAAP profit also included a $48 million non-operating gain from selling an equity investment. Operating cash flow was $294.2 million and free cash flow $284.3 million, both well above a year earlier. B2C scores revenue rose only 3%, so almost all of the growth came from lenders paying more per mortgage score. That is why the Preferred Program matters: it is how FICO is resetting mortgage prices lender by lender, and until those deals are done the company says it cannot forecast.