XIII
Data Validation Report
================================================================================ DATA INTEGRITY & VALIDATION REPORT ================================================================================ Stock: FICO Company: FICO Sector: Technology | Industry: Software - Application Validation Date: 2026-03-24T22:53:13.247587 Data Sources: FinQual (10-year annual) + fiscal.ai (quarterly real-time) + Alpha Vantage Source Priority: fiscal.ai (real-time) > FinQual (API) -------------------------------------------------------------------------------- 📊 FORMULA VERIFICATIONS -------------------------------------------------------------------------------- ✓ EPS Verification (FY 2025 GAAP): Formula: Net Income / Shares Outstanding Calculation: $651,946,000 / 23,709,047 shares = $27.50 Reported EPS: $27.50 Status: ✅ VERIFIED ✓ Gross Margin Verification (FY 2025 GAAP): Formula: Gross Profit / Revenue × 100 Calculation: $1,637,147,000 / $1,990,869,000 × 100 = 82.23% Status: ✅ VALID (0-100%) ✓ Operating Margin Verification (FY 2025 GAAP): Formula: Operating Income / Revenue × 100 Calculation: $924,850,000 / $1,990,869,000 × 100 = 46.45% Hierarchy Check: Operating Margin (46.45%) ≤ Gross Margin (82.23%) Status: ✅ VALID ✓ P/E Ratio Verification: Formula: Current Price / TTM EPS Calculation: $995.00 / $27.50 = 36.18x Status: ✅ VERIFIED 📋 METRIC CLASSIFICATIONS -------------------------------------------------------------------------------- [HISTORICAL DATA AVAILABILITY]: Annual Statements: 10 years (2016 - 2025) Quarterly Data: 10 periods (latest: LTM) Source: FinQual 10-K + fiscal.ai scraping [TTM - Trailing Twelve Months] (as of LTM): Revenue: $2,062,900,000 Net Income: $657,800,000 EPS (Diluted): $27.02 Source: fiscal.ai quarterly scraping [FY 2025 GAAP] (Annual Audited): Revenue: $1,990,869,000 Net Income: $651,946,000 EPS (Diluted): $27.50 Source: FinQual 10-K filings [Current Market Data]: Stock Price: $995.00 Market Cap: $23,600,000,000 Source: fiscal.ai real-time scraping (verified) ⚠️ DATA DISCREPANCIES & RESOLUTIONS -------------------------------------------------------------------------------- ✅ No significant discrepancies between data sources All metrics validated within tolerance thresholds 🔍 DATA QUALITY ASSESSMENT -------------------------------------------------------------------------------- ✅ All data quality checks passed - Historical data: 10 years available - Quarterly data: 10 quarters available - Current price: Verified from fiscal.ai real-time scraping 📝 DATA EXCLUSIONS & ADJUSTMENTS -------------------------------------------------------------------------------- The following adjustments were made to ensure data accuracy: • Non-GAAP metrics clearly labeled as [Adjusted] • Forward estimates labeled as [Forward Estimate] with source attribution • Missing or invalid data points marked as 'N/A' rather than estimated • fiscal.ai quarterly data preferred over annual for recency ================================================================================ VALIDATION SUMMARY ================================================================================ ✅ Overall Status: PASSED 📊 Data Completeness: • Annual Statements: 10 years • Quarterly Data: 10 quarters • Balance Sheet: 10 years 🔒 Data Integrity: • Formula Verifications: Completed • Margin Validations: Completed • Cross-Source Checks: 0 discrepancies resolved ✓ Institutional-Grade Standards: • All metrics labeled with data type (FY GAAP/TTM/Adjusted/Forward) • Source attribution for all data points • Formula calculations shown and verified • Data hierarchy validated (Operating ≤ Gross margins) ================================================================================