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Side-by-side financial comparison of BREAD FINANCIAL HOLDINGS, INC. (BFH) and Fair Isaac (FICO). Click either name above to swap in a different company.
BREAD FINANCIAL HOLDINGS, INC. is the larger business by last-quarter revenue ($975.0M vs $512.0M, roughly 1.9× Fair Isaac). On growth, Fair Isaac posted the faster year-over-year revenue change (16.4% vs 5.4%). Over the past eight quarters, Fair Isaac's revenue compounded faster (8.6% CAGR vs -0.8%).
Bread Financial Holdings, Inc. is an American publicly traded provider of private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.
FICO, originally Fair, Isaac and Company, is an American data analytics company based in Bozeman, Montana, focused on credit scoring services. It was founded by Bill Fair and Earl Isaac in 1956. Its FICO score, a measure of consumer credit risk, has become a fixture of consumer lending in the United States.
BFH vs FICO — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $975.0M | $512.0M |
| Net Profit | — | $158.4M |
| Gross Margin | — | 83.0% |
| Operating Margin | 4.9% | 45.7% |
| Net Margin | — | 30.9% |
| Revenue YoY | 5.4% | 16.4% |
| Net Profit YoY | — | 3.8% |
| EPS (diluted) | $1.21 | $6.61 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $975.0M | $512.0M | ||
| Q3 25 | $971.0M | $515.8M | ||
| Q2 25 | $929.0M | $536.4M | ||
| Q1 25 | $970.0M | $498.7M | ||
| Q4 24 | $925.0M | $440.0M | ||
| Q3 24 | $983.0M | $453.8M | ||
| Q2 24 | $939.0M | $447.8M | ||
| Q1 24 | $991.0M | $433.8M |
| Q4 25 | — | $158.4M | ||
| Q3 25 | $188.0M | $155.0M | ||
| Q2 25 | $139.0M | $181.8M | ||
| Q1 25 | $138.0M | $162.6M | ||
| Q4 24 | — | $152.5M | ||
| Q3 24 | $2.0M | $135.7M | ||
| Q2 24 | $133.0M | $126.3M | ||
| Q1 24 | $134.0M | $129.8M |
| Q4 25 | — | 83.0% | ||
| Q3 25 | — | 82.3% | ||
| Q2 25 | — | 83.7% | ||
| Q1 25 | — | 82.4% | ||
| Q4 24 | — | 80.1% | ||
| Q3 24 | — | 80.3% | ||
| Q2 24 | — | 80.3% | ||
| Q1 24 | — | 80.0% |
| Q4 25 | 4.9% | 45.7% | ||
| Q3 25 | 20.2% | 46.0% | ||
| Q2 25 | 18.7% | 48.9% | ||
| Q1 25 | 20.3% | 49.3% | ||
| Q4 24 | -2.9% | 40.8% | ||
| Q3 24 | 4.1% | 43.4% | ||
| Q2 24 | 19.2% | 42.5% | ||
| Q1 24 | 19.0% | 44.9% |
| Q4 25 | — | 30.9% | ||
| Q3 25 | 19.4% | 30.1% | ||
| Q2 25 | 15.0% | 33.9% | ||
| Q1 25 | 14.2% | 32.6% | ||
| Q4 24 | — | 34.7% | ||
| Q3 24 | 0.2% | 29.9% | ||
| Q2 24 | 14.2% | 28.2% | ||
| Q1 24 | 13.5% | 29.9% |
| Q4 25 | $1.21 | $6.61 | ||
| Q3 25 | $3.96 | $6.41 | ||
| Q2 25 | $2.94 | $7.40 | ||
| Q1 25 | $2.78 | $6.59 | ||
| Q4 24 | $0.08 | $6.14 | ||
| Q3 24 | $0.05 | $5.44 | ||
| Q2 24 | $2.66 | $5.05 | ||
| Q1 24 | $2.70 | $5.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.6B | $162.0M |
| Total DebtLower is stronger | $4.3B | $3.2B |
| Stockholders' EquityBook value | $3.3B | $-1.8B |
| Total Assets | $22.7B | $1.9B |
| Debt / EquityLower = less leverage | 1.29× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.6B | $162.0M | ||
| Q3 25 | $3.8B | $134.1M | ||
| Q2 25 | $3.8B | $189.0M | ||
| Q1 25 | $4.2B | $146.6M | ||
| Q4 24 | $4.0B | $184.3M | ||
| Q3 24 | $3.5B | $150.7M | ||
| Q2 24 | $4.1B | $156.0M | ||
| Q1 24 | $3.8B | $135.7M |
| Q4 25 | $4.3B | $3.2B | ||
| Q3 25 | $3.8B | $3.1B | ||
| Q2 25 | $4.2B | $2.8B | ||
| Q1 25 | $5.1B | $2.5B | ||
| Q4 24 | $5.6B | $2.4B | ||
| Q3 24 | $4.6B | $2.2B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | — | $2.0B |
| Q4 25 | $3.3B | $-1.8B | ||
| Q3 25 | $3.3B | $-1.7B | ||
| Q2 25 | $3.2B | $-1.4B | ||
| Q1 25 | $3.1B | $-1.1B | ||
| Q4 24 | $3.1B | $-1.1B | ||
| Q3 24 | $3.1B | $-962.7M | ||
| Q2 24 | $3.2B | $-829.3M | ||
| Q1 24 | $3.0B | $-735.7M |
| Q4 25 | $22.7B | $1.9B | ||
| Q3 25 | $21.7B | $1.9B | ||
| Q2 25 | $21.8B | $1.9B | ||
| Q1 25 | $22.4B | $1.8B | ||
| Q4 24 | $22.9B | $1.7B | ||
| Q3 24 | $21.7B | $1.7B | ||
| Q2 24 | $22.1B | $1.7B | ||
| Q1 24 | $22.3B | $1.7B |
| Q4 25 | 1.29× | — | ||
| Q3 25 | 1.14× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 1.67× | — | ||
| Q4 24 | 1.82× | — | ||
| Q3 24 | 1.47× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $568.0M | $174.1M |
| Free Cash FlowOCF − Capex | — | $173.9M |
| FCF MarginFCF / Revenue | — | 34.0% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | 1.10× |
| TTM Free Cash FlowTrailing 4 quarters | — | $750.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $568.0M | $174.1M | ||
| Q3 25 | $605.0M | $223.7M | ||
| Q2 25 | $526.0M | $286.2M | ||
| Q1 25 | $393.0M | $74.9M | ||
| Q4 24 | $479.0M | $194.0M | ||
| Q3 24 | $456.0M | $226.5M | ||
| Q2 24 | $477.0M | $213.3M | ||
| Q1 24 | $447.0M | $71.0M |
| Q4 25 | — | $173.9M | ||
| Q3 25 | — | $219.5M | ||
| Q2 25 | — | $284.4M | ||
| Q1 25 | — | $72.8M | ||
| Q4 24 | — | $193.2M | ||
| Q3 24 | — | $224.7M | ||
| Q2 24 | — | $211.6M | ||
| Q1 24 | — | $67.0M |
| Q4 25 | — | 34.0% | ||
| Q3 25 | — | 42.6% | ||
| Q2 25 | — | 53.0% | ||
| Q1 25 | — | 14.6% | ||
| Q4 24 | — | 43.9% | ||
| Q3 24 | — | 49.5% | ||
| Q2 24 | — | 47.2% | ||
| Q1 24 | — | 15.4% |
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | — | 1.10× | ||
| Q3 25 | 3.22× | 1.44× | ||
| Q2 25 | 3.78× | 1.57× | ||
| Q1 25 | 2.85× | 0.46× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | 228.00× | 1.67× | ||
| Q2 24 | 3.59× | 1.69× | ||
| Q1 24 | 3.34× | 0.55× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFH
Segment breakdown not available.
FICO
| Business To Business Scores | $248.6M | 49% |
| Saa S Products | $115.7M | 23% |
| Platform Software | $73.9M | 14% |
| Business To Consumer Scores | $55.9M | 11% |
| Technology Service | $19.2M | 4% |
