Fair Isaac Corporation (FICO)

Gross profit margin

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	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	823,238	782,460	731,408
Revenue (ttm)	US$ in thousands	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	1,160,083	1,111,271	1,052,015
Gross profit margin		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%	70.96%	70.41%	69.52%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,133,330K ÷ $1,451,275K
= 78.09%

Fair, Isaac Corp.'s gross profit margin has shown consistent strength over the past eight quarters. The company's gross profit margin has remained relatively high, ranging from 77.68% to 79.50%. This indicates that Fair, Isaac Corp. is effectively controlling its production costs and generating strong margins on its sales. The stability in the gross profit margin suggests that the company has been successful in maintaining a healthy balance between the cost of goods sold and the selling price of its products or services. Overall, this consistent performance in gross profit margin reflects positively on Fair, Isaac Corp.'s ability to manage its production and pricing strategies effectively.