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Revenue from Contract with Customer
 9 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer Revenue from Contracts with Customers
Disaggregation of Revenue
The following tables provide information about disaggregated revenue by primary geographical market:

Quarter Ended June 30, 2023
ScoresSoftwareTotalPercentage
(Dollars in thousands)
Americas$199,948 $145,451 $345,399 87 %
Europe, Middle East and Africa1,486 31,267 32,753 8 %
Asia Pacific344 20,192 20,536 5 %
      Total$201,778 $196,910 $398,688 100 %

Quarter Ended June 30, 2022
ScoresSoftwareTotalPercentage
(Dollars in thousands)
Americas$177,892 $115,331 $293,223 84 %
Europe, Middle East and Africa1,051 36,324 37,375 11 %
Asia Pacific412 17,956 18,368 5 %
      Total$179,355 $169,611 $348,966 100 %

Nine Months Ended June 30, 2023
ScoresSoftwareTotalPercentage
(Dollars in thousands)
Americas$570,284 $384,545 $954,829 85 %
Europe, Middle East and Africa3,988 102,458 106,446 9 %
Asia Pacific4,001 58,548 62,549 6 %
      Total$578,273 $545,551 $1,123,824 100 %
Nine Months Ended June 30, 2022
ScoresSoftwareTotalPercentage
(Dollars in thousands)
Americas$518,695 $319,180 $837,875 81 %
Europe, Middle East and Africa3,796 107,850 111,646 11 %
Asia Pacific10,093 68,908 79,001 8 %
      Total$532,584 $495,938 $1,028,522 100 %
The following table provides information about disaggregated revenue for our Software segment by deployment method:
Quarter Ended June 30,Percentage of revenuesNine Months Ended June 30,Percentage of revenues
20232022202320222023202220232022
(Dollars in thousands)
On-premises software$80,770 $70,689 47 %50 %$219,165 $205,943 47 %49 %
SaaS software91,289 71,848 53 %50 %252,038 212,020 53 %51 %
Total on-premises and SaaS software$172,059 $142,537 100 %100 %$471,203 $417,963 100 %100 %
The following table provides information about disaggregated revenue for our Software segment by product features:
Quarter Ended June 30,Percentage of revenuesNine Months Ended June 30,Percentage of revenues
20232022202320222023202220232022
(Dollars in thousands)
Platform software (*)$40,317 $27,806 23 %20 %$109,827 $89,680 23 %21 %
Non-platform software131,742 114,731 77 %80 %361,376 328,283 77 %79 %
Total on-premises and SaaS software$172,059 $142,537 100 %100 %$471,203 $417,963 100 %100 %
(*) FICO platform software is a set of interoperable capabilities which use software assets owned and/or governed by FICO for building solutions and services which conform to FICO architectural standards based on key elements of Cloud Native Computing design principles. These standards encompass shared security context and access using FICO standard application programming interfaces.
The following table provides information about disaggregated revenue for our Software segment by timing of revenue recognition:
Quarter Ended June 30,Percentage of revenuesNine Months Ended June 30,Percentage of revenues
20232022202320222023202220232022
(Dollars in thousands)
Software recognized at a point in time (1)
$25,077 $19,869 15 %14 %$56,073 $53,568 12 %13 %
Software recognized over contract term (2)
146,982 122,668 85 %86 %415,130 364,395 88 %87 %
Total on-premises and SaaS software$172,059 $142,537 100 %100 %$471,203 $417,963 100 %100 %
(1)Includes license portion of our on-premises subscription software and perpetual license, both of which are recognized when the software is made available to the customer, or at the start of the subscription.
(2)Includes maintenance portion and usage-based fees of our on-premises subscription software, maintenance revenue on perpetual licenses, as well as SaaS revenue.
The following table provides information about disaggregated revenue for our Scores segment by distribution method:

Quarter Ended June 30,Percentage of revenuesNine Months Ended June 30,Percentage of revenues
20232022202320222023202220232022
(Dollars in thousands)
Business-to-business Scores$148,128 $119,010 73 %66 %$417,907 $357,221 72 %67 %
Business-to-consumer Scores53,650 60,345 27 %34 %160,366 175,363 28 %33 %
     Total$201,778 $179,355 100 %100 %$578,273 $532,584 100 %100 %
We derive a substantial portion of revenues from our contracts with the three major consumer reporting agencies, TransUnion, Equifax and Experian. Revenues collectively generated by agreements with these customers accounted for 42% and 41% of our total revenues in the quarters ended June 30, 2023 and 2022, respectively, with all three consumer reporting agencies each contributing more than 10% of our total revenues in each of the quarters ended June 30, 2023 and 2022. Revenues collectively generated by agreements with these customers accounted for 40% and 39% of our total revenues in the nine months ended June 30, 2023 and 2022, respectively, with three and two consumer reporting agencies each contributing more than 10% of our total revenues in the nine months ended June 30, 2023 and 2022, respectively.
Contract Balances
We record a receivable when we satisfy a performance obligation prior to invoicing if only the passage of time is required before payment is due or if we have an unconditional right to consideration before we satisfy a performance obligation. We record a contract asset when we satisfy a performance obligation prior to invoicing but our right to consideration is conditional. We record deferred revenue when the payment is made or due before we satisfy a performance obligation.
Receivables at June 30, 2023 and September 30, 2022 consisted of the following: 
 June 30, 2023September 30, 2022
 (In thousands)
Billed$235,564 $203,351 
Unbilled201,296 165,386 
436,860 368,737 
Less: allowance for doubtful accounts(4,941)(4,218)
Net receivables431,919 364,519 
    Less: long-term receivables (*)(47,895)(42,109)
    Short-term receivables (*)$384,024 $322,410 
(*) Short-term receivables and long-term receivables were recorded in accounts receivable, net and other assets, respectively, within the accompanying condensed consolidated balance sheets.
Deferred revenue primarily relates to our maintenance and SaaS contracts billed annually in advance and generally recognized ratably over the term of the service period. Significant changes in the deferred revenues balances are as follows:
Nine Months Ended  
June 30, 2023
(In thousands)
Deferred revenues, beginning balance (*)$126,560 
Revenue recognized that was included in the deferred revenues balance at the beginning of the period(104,904)
Increases due to billings, excluding amounts recognized as revenue during the period112,457 
Deferred revenues, ending balance (*)$134,113 
(*) Deferred revenues at June 30, 2023 included current portion of $127.3 million and long-term portion of $6.8 million that were recorded in deferred revenue and other liabilities, respectively, within the condensed consolidated balance sheets. Deferred revenues at September 30, 2022 included current portion of $120.0 million and long-term portion of $6.6 million that were recorded in deferred revenue and other liabilities, respectively, within the condensed consolidated balance sheets.
Payment terms and conditions vary by contract type, although terms generally include a requirement of payment within 30 to 60 days. In instances where the timing of revenue recognition differs from the timing of invoicing, we have determined our contracts generally do not include a significant financing component. The primary purpose of our invoicing terms is to provide customers with simplified and predictable ways of purchasing our products and services, not to provide customers with financing or to receive financing from our customers. Examples include multi-year on-premises licenses that are invoiced annually with revenue recognized upfront and invoicing at the beginning of a subscription term with revenue recognized ratably over the contract period.
Performance Obligations
Revenue allocated to remaining performance obligations represents contracted revenue that will be recognized in future periods, which is comprised of deferred revenue and amounts that will be invoiced and recognized as revenue in future periods. This does not include:
•Usage-based revenue that will be recognized in future periods from on-premises software subscriptions;
•Consumption-based variable fees from SaaS software that will be recognized in the distinct service period during which it is earned; and
•Revenue from variable considerations that will be recognized in accordance with the “right-to-invoice” practical expedient, such as fees from our professional services billed based on a time and materials basis.
Revenue allocated to remaining performance obligations was $428.7 million as of June 30, 2023, approximately 51% of which we expect to recognize over the next 16 months and the remainder thereafter. Revenue allocated to remaining performance obligations was $357.4 million as of September 30, 2022.