FICO changes
Pick any two versions below to diff them.
- Price
- $758.54 → $795.21(+4.8%)
- Discount
- 7% to 32% → 3% to 29%(−4.0 pts)
- Recent events
- 2026-10-08: The Federal Housing Administration (FHA) issued Mortgagee Letter 2026-11. It lets lenders use FICO 10T and VantageScore 4.0, together with Classic FICO, to set the credit score of FHA-insured single-family loans. The change applies to FHA case numbers assigned from January 1, 2027. 2026-10-06: FICO said it will cut about 15% of its positions to remove management layers and use AI in product development. It expects about $27.0 million of pre-tax charges in fiscal Q4 2026, and it expects to complete the plan by the end of fiscal Q3 2027. 2026-09-30: Fannie Mae and Freddie Mac published new loan-level price rules. Freddie Mac said that credit fees will not change with the score model, FICO or VantageScore 4.0, for loans delivered from October 1, 2026. 2026-09-29: The shares fell about 27% after FHFA Director Bill Pulte said on September 28 that Fannie Mae and Freddie Mac will use one pricing grid for FICO and VantageScore. FHFA did not give a start date in that post. Rocket Mortgage said that it will make VantageScore 4.0 its preferred model for eligible loans. 2026-07-29: FICO reported fiscal Q3 2026 results. Revenue was $674 million, up 26%. GAAP EPS was $10.45 and non-GAAP EPS was $12.18. Scores revenue grew 41%, mostly from a higher unit price for mortgage origination scores. FICO raised its fiscal 2026 revenue guidance to $2.53 billion from $2.45 billion. 2026-06-08: FICO borrowed a $1.5 billion term loan and used it for a $1.5 billion accelerated share buyback with Wells Fargo, to be completed by September 30, 2026. It replaced its buyback program with a new $2.0 billion program. 2026-04-28: FICO reported fiscal Q2 2026 results. Revenue was $692 million, up 39%, and GAAP EPS was $11.14. Scores revenue grew 60% from a higher mortgage score price and more mortgage originations. FICO raised its fiscal 2026 revenue guidance to $2.45 billion from $2.35 billion.