FICO · 10-K · 2026A · Full report
Antitrust Class Action Settlement
FAIR ISAAC CORP · 2026-11-06 · Importance 53 · Surprise 60 · In source text
In the fourth quarter of fiscal 2026, Fair Isaac recorded a $65.0 million accrual in selling, general and administrative expenses for antitrust lawsuits. The accrual followed a September 29, 2026 term sheet proposing a settlement, which remains subject to court approval. The company changed its assessment to conclude that a loss was probable and reasonably estimable; previously, it had not considered a loss probable and had assessed any reasonably possible loss as immaterial.
Key facts
- On September 29, 2026, FAIR ISAAC CORP entered into a term sheet to settle the antitrust lawsuits; the settlement remains subject to court approval. source
- In the fourth quarter of fiscal 2026, FAIR ISAAC CORP recorded a $65.0 million accrual for the proposed antitrust settlement in selling, general and administrative expenses; the settlement remains subject to court approval. source
- FAIR ISAAC CORP recorded a $65.0 million liability in the fourth quarter of fiscal 2026 for a proposed settlement of antitrust class action lawsuits. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | probable | — | On September 29, 2026, FAIR ISAAC CORP entered into a term sheet to settle the antitrust lawsuits; the settlement remains subject to court… |