Fair Isaac Corporation (FICO)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,369,360 | 1,106,180 | 1,007,840 | 1,043,790 | 933,420 |
| Revenue | US$ in thousands | 1,717,560 | 1,417,230 | 1,310,010 | 1,376,250 | 1,294,560 |
| Gross profit margin | 79.73% | 78.05% | 76.93% | 75.84% | 72.10% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,369,360K ÷ $1,717,560K
= 79.73%
Fair Isaac Corporation's gross profit margin has shown a consistent upward trend over the past five years, increasing from 72.10% in 2020 to 79.73% in 2024. This signifies that the company has been effectively managing its cost of goods sold and generating higher profits from its revenue.
The steady improvement in gross profit margin indicates that Fair Isaac Corporation has been able to enhance its operational efficiency and pricing strategies. This is a positive sign for investors as it suggests that the company is becoming more profitable over time.
Overall, Fair Isaac Corporation's gross profit margin performance reflects a strong financial position and effective cost management, which bodes well for its future growth and profitability.
Peer comparison
Sep 30, 2024