Fair Isaac Corporation (FICO)

Gross profit margin

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Gross profit (ttm)	US$ in thousands	1,369,383	1,207,996	1,177,537	1,133,330	1,104,779	1,071,684	1,020,941	1,012,568	1,007,995	1,012,156	1,099,333	1,064,228	1,043,833	1,073,013	959,444	946,191	933,420	870,088	871,960	844,794
Revenue (ttm)	US$ in thousands	1,717,589	1,549,460	1,502,622	1,451,275	1,415,832	1,382,391	1,338,493	1,322,108	1,310,169	1,304,205	1,394,931	1,376,365	1,376,295	1,426,790	1,319,550	1,306,103	1,294,562	1,225,550	1,226,068	1,196,331
Gross profit margin		79.73%	77.96%	78.37%	78.09%	78.03%	77.52%	76.28%	76.59%	76.94%	77.61%	78.81%	77.32%	75.84%	75.20%	72.71%	72.44%	72.10%	71.00%	71.12%	70.62%

September 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,369,383K ÷ $1,717,589K
= 79.73%

Fair Isaac Corporation's gross profit margin has shown a generally increasing trend over the past few quarters. The gross profit margin has ranged from 70.62% in December 2019 to 79.73% in September 2024. This indicates that the company has been able to effectively control its cost of goods sold and maintain a strong profit margin on its sales. The highest gross profit margin was recorded in September 2024 at 79.73%, while the lowest margin was seen in December 2019 at 70.62%.

Overall, the increasing trend in gross profit margin suggests that Fair Isaac Corporation has been effectively managing its production costs and pricing strategies to improve profitability. The consistent improvement in gross profit margin is a positive indicator of the company's operational efficiency and ability to generate profits from its core business activities.