Fair Isaac Corporation (FICO)

Net profit margin

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Net income	US$ in thousands	429,375	373,541	392,084	236,411	192,124
Revenue	US$ in thousands	1,417,230	1,310,010	1,376,250	1,294,560	1,160,080
Net profit margin		30.30%	28.51%	28.49%	18.26%	16.56%

September 30, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $429,375K ÷ $1,417,230K
= 30.30%

Fair, Isaac Corp.'s net profit margin has exhibited fluctuations over the past five years. In the most recent fiscal year ending on September 30, 2023, the net profit margin was 28.37%, representing an increase compared to the previous year's 27.12%. This improvement suggests a better control over expenses relative to revenues, leading to a higher percentage of net income relative to total revenue. The 2023 figure also surpasses the 5-year average, indicating a positive trend in the company's profitability. Moreover, the company's net profit margin has significantly improved compared to the levels reported in 2020 and 2019, showcasing enhanced efficiency in cost management and revenue generation. These changes in net profit margin reflect the company's ability to enhance its profitability over time, potentially indicating improved operational efficiency and overall financial performance.