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Fair Isaac（FICO）与Tyler Technologies（TYL）财务数据对比。点击上方公司名可切换其他公司
Tyler Technologies的季度营收约是Fair Isaac的1.1倍（$575.2M vs $512.0M），Fair Isaac净利率更高（30.9% vs 11.4%，领先19.5%），Fair Isaac同比增速更快（16.4% vs 6.3%），Tyler Technologies自由现金流更多（$239.6M vs $173.9M），过去两年Fair Isaac的营收复合增速更高（8.6% vs 6.0%）
FICO（原Fair, Isaac and Company）是美国知名数据分析企业，1956年由比尔·费尔与厄尔·艾萨克创立，总部位于蒙大拿州博兹曼市，核心业务为信用评分服务，其推出的FICO信用分是评估消费者信贷风险的重要指标，目前已被美国消费信贷行业广泛采用。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
FICO vs TYL — 直观对比
营收规模更大
TYL
是对方的1.1倍
$512.0M
营收增速更快
FICO
高出10.1%
6.3%
净利率更高
FICO
高出19.5%
11.4%
自由现金流更多
TYL
多$65.7M
$173.9M
两年增速更快
FICO
近两年复合增速
6.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $512.0M | $575.2M |
| 净利润 | $158.4M | $65.5M |
| 毛利率 | 83.0% | 45.5% |
| 营业利润率 | 45.7% | 13.0% |
| 净利率 | 30.9% | 11.4% |
| 营收同比 | 16.4% | 6.3% |
| 净利润同比 | 3.8% | 0.5% |
| 每股收益（稀释后） | $6.61 | $1.50 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FICOTYL
| Q4 25 | $512.0M | $575.2M | ||
| Q3 25 | $515.8M | $595.9M | ||
| Q2 25 | $536.4M | $596.1M | ||
| Q1 25 | $498.7M | $565.2M | ||
| Q4 24 | $440.0M | $541.1M | ||
| Q3 24 | $453.8M | $543.3M | ||
| Q2 24 | $447.8M | $541.0M | ||
| Q1 24 | $433.8M | $512.4M |
净利润FICOTYL
| Q4 25 | $158.4M | $65.5M | ||
| Q3 25 | $155.0M | $84.4M | ||
| Q2 25 | $181.8M | $84.6M | ||
| Q1 25 | $162.6M | $81.1M | ||
| Q4 24 | $152.5M | $65.2M | ||
| Q3 24 | $135.7M | $75.9M | ||
| Q2 24 | $126.3M | $67.7M | ||
| Q1 24 | $129.8M | $54.2M |
毛利率FICOTYL
| Q4 25 | 83.0% | 45.5% | ||
| Q3 25 | 82.3% | 47.2% | ||
| Q2 25 | 83.7% | 45.8% | ||
| Q1 25 | 82.4% | 47.3% | ||
| Q4 24 | 80.1% | 43.8% | ||
| Q3 24 | 80.3% | 43.7% | ||
| Q2 24 | 80.3% | 44.0% | ||
| Q1 24 | 80.0% | 43.7% |
营业利润率FICOTYL
| Q4 25 | 45.7% | 13.0% | ||
| Q3 25 | 46.0% | 16.4% | ||
| Q2 25 | 48.9% | 16.0% | ||
| Q1 25 | 49.3% | 15.8% | ||
| Q4 24 | 40.8% | 13.2% | ||
| Q3 24 | 43.4% | 15.2% | ||
| Q2 24 | 42.5% | 14.4% | ||
| Q1 24 | 44.9% | 13.1% |
净利率FICOTYL
| Q4 25 | 30.9% | 11.4% | ||
| Q3 25 | 30.1% | 14.2% | ||
| Q2 25 | 33.9% | 14.2% | ||
| Q1 25 | 32.6% | 14.3% | ||
| Q4 24 | 34.7% | 12.1% | ||
| Q3 24 | 29.9% | 14.0% | ||
| Q2 24 | 28.2% | 12.5% | ||
| Q1 24 | 29.9% | 10.6% |
每股收益（稀释后）FICOTYL
| Q4 25 | $6.61 | $1.50 | ||
| Q3 25 | $6.41 | $1.93 | ||
| Q2 25 | $7.40 | $1.93 | ||
| Q1 25 | $6.59 | $1.84 | ||
| Q4 24 | $6.14 | $1.48 | ||
| Q3 24 | $5.44 | $1.74 | ||
| Q2 24 | $5.05 | $1.57 | ||
| Q1 24 | $5.16 | $1.26 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $162.0M | $1.1B |
| 总债务越低越好 | $3.2B | $599.7M |
| 股东权益账面价值 | $-1.8B | $3.7B |
| 总资产 | $1.9B | $5.6B |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资FICOTYL
| Q4 25 | $162.0M | $1.1B | ||
| Q3 25 | $134.1M | $950.8M | ||
| Q2 25 | $189.0M | $892.3M | ||
| Q1 25 | $146.6M | $807.4M | ||
| Q4 24 | $184.3M | $768.0M | ||
| Q3 24 | $150.7M | $544.3M | ||
| Q2 24 | $156.0M | $258.0M | ||
| Q1 24 | $135.7M | $196.9M |
总债务FICOTYL
| Q4 25 | $3.2B | $599.7M | ||
| Q3 25 | $3.1B | $599.2M | ||
| Q2 25 | $2.8B | $598.8M | ||
| Q1 25 | $2.5B | $598.4M | ||
| Q4 24 | $2.4B | $597.9M | ||
| Q3 24 | $2.2B | $597.5M | ||
| Q2 24 | $2.1B | $597.1M | ||
| Q1 24 | $2.0B | $596.6M |
股东权益FICOTYL
| Q4 25 | $-1.8B | $3.7B | ||
| Q3 25 | $-1.7B | $3.6B | ||
| Q2 25 | $-1.4B | $3.6B | ||
| Q1 25 | $-1.1B | $3.5B | ||
| Q4 24 | $-1.1B | $3.4B | ||
| Q3 24 | $-962.7M | $3.3B | ||
| Q2 24 | $-829.3M | $3.1B | ||
| Q1 24 | $-735.7M | $3.0B |
总资产FICOTYL
| Q4 25 | $1.9B | $5.6B | ||
| Q3 25 | $1.9B | $5.5B | ||
| Q2 25 | $1.9B | $5.4B | ||
| Q1 25 | $1.8B | $5.2B | ||
| Q4 24 | $1.7B | $5.2B | ||
| Q3 24 | $1.7B | $5.0B | ||
| Q2 24 | $1.7B | $4.8B | ||
| Q1 24 | $1.7B | $4.6B |
负债/权益比FICOTYL
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.16× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.19× | ||
| Q1 24 | — | 0.20× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $174.1M | $243.9M |
| 自由现金流经营现金流 - 资本支出 | $173.9M | $239.6M |
| 自由现金流率自由现金流/营收 | 34.0% | 41.7% |
| 资本支出强度资本支出/营收 | 0.0% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.10× | 3.72× |
| 过去12个月自由现金流最近4个季度 | $750.6M | $637.5M |
8季度趋势，按日历期对齐
经营现金流FICOTYL
| Q4 25 | $174.1M | $243.9M | ||
| Q3 25 | $223.7M | $255.2M | ||
| Q2 25 | $286.2M | $98.3M | ||
| Q1 25 | $74.9M | $56.2M | ||
| Q4 24 | $194.0M | $224.8M | ||
| Q3 24 | $226.5M | $263.7M | ||
| Q2 24 | $213.3M | $64.3M | ||
| Q1 24 | $71.0M | $71.8M |
自由现金流FICOTYL
| Q4 25 | $173.9M | $239.6M | ||
| Q3 25 | $219.5M | $251.3M | ||
| Q2 25 | $284.4M | $92.8M | ||
| Q1 25 | $72.8M | $53.8M | ||
| Q4 24 | $193.2M | $221.0M | ||
| Q3 24 | $224.7M | $260.8M | ||
| Q2 24 | $211.6M | $57.7M | ||
| Q1 24 | $67.0M | $64.6M |
自由现金流率FICOTYL
| Q4 25 | 34.0% | 41.7% | ||
| Q3 25 | 42.6% | 42.2% | ||
| Q2 25 | 53.0% | 15.6% | ||
| Q1 25 | 14.6% | 9.5% | ||
| Q4 24 | 43.9% | 40.8% | ||
| Q3 24 | 49.5% | 48.0% | ||
| Q2 24 | 47.2% | 10.7% | ||
| Q1 24 | 15.4% | 12.6% |
资本支出强度FICOTYL
| Q4 25 | 0.0% | 0.8% | ||
| Q3 25 | 0.8% | 0.7% | ||
| Q2 25 | 0.3% | 0.9% | ||
| Q1 25 | 0.4% | 0.4% | ||
| Q4 24 | 0.2% | 0.7% | ||
| Q3 24 | 0.4% | 0.5% | ||
| Q2 24 | 0.4% | 1.2% | ||
| Q1 24 | 0.9% | 1.4% |
现金转化率FICOTYL
| Q4 25 | 1.10× | 3.72× | ||
| Q3 25 | 1.44× | 3.02× | ||
| Q2 25 | 1.57× | 1.16× | ||
| Q1 25 | 0.46× | 0.69× | ||
| Q4 24 | 1.27× | 3.45× | ||
| Q3 24 | 1.67× | 3.47× | ||
| Q2 24 | 1.69× | 0.95× | ||
| Q1 24 | 0.55× | 1.33× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
TYL
| Saas Arrangements | $186.1M | 32% |
| Platform Technologies Segment | $143.3M | 25% |
| Maintenance | $109.4M | 19% |
| Professional Services | $55.3M | 10% |
| Nonrecurring Revenue | $51.3M | 9% |
| Other | $21.4M | 4% |
| Hardware And Other | $8.4M | 1% |
