Fair Isaac Corporation (FICO)

Gross profit margin

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Gross profit	US$ in thousands	1,106,180	1,007,840	1,043,790	933,420	823,238
Revenue	US$ in thousands	1,417,230	1,310,010	1,376,250	1,294,560	1,160,080
Gross profit margin		78.05%	76.93%	75.84%	72.10%	70.96%

September 30, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,106,180K ÷ $1,417,230K
= 78.05%

Fair, Isaac Corp.'s gross profit margin has demonstrated a consistent upward trend over the past five years. The margin increased from 70.96% in 2019 to 79.45% in 2023, reflecting improved efficiency in the company's cost of goods sold. This upward trajectory suggests effective cost management and pricing strategies, resulting in a higher proportion of revenue retained after accounting for direct production costs. The continuous improvement in gross profit margin indicates a positive trend in the company's ability to generate profit from its core operations, which may be seen as a favorable indicator of financial health and operational efficiency.