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Revenue from Contract with Customer (Tables) | 6 Months Ended
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Mar. 31, 2025
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following tables provide information about disaggregated revenue by primary geographical market:
| Quarter Ended March 31, 2025
| Scores |  | Software |  | Total |  | Percentage
| (Dollars in thousands)
Americas | $ | 291,982 |  |  | $ | 137,020 |  |  | $ | 429,002 |  |  | 86 | %
Europe, Middle East and Africa | 1,667 |  |  | 41,733 |  |  | 43,400 |  |  | 9 | %
Asia Pacific | 3,390 |  |  | 22,943 |  |  | 26,333 |  |  | 5 | %
Total | $ | 297,039 |  |  | $ | 201,696 |  |  | $ | 498,735 |  |  | 100 | %
| Quarter Ended March 31, 2024
| Scores |  | Software |  | Total |  | Percentage
| (Dollars in thousands)
Americas | $ | 233,723 |  |  | $ | 130,294 |  |  | $ | 364,017 |  |  | 84 | %
Europe, Middle East and Africa | 1,278 |  |  | 40,979 |  |  | 42,257 |  |  | 10 | %
Asia Pacific | 1,884 |  |  | 25,651 |  |  | 27,535 |  |  | 6 | %
Total | $ | 236,885 |  |  | $ | 196,924 |  |  | $ | 433,809 |  |  | 100 | %
| Six Months Ended March 31, 2025
| Scores |  | Software |  | Total |  | Percentage
| (Dollars in thousands)
Americas | $ | 524,948 |  |  | $ | 283,929 |  |  | $ | 808,877 |  |  | 86 | %
Europe, Middle East and Africa | 3,544 |  |  | 76,215 |  |  | 79,759 |  |  | 9 | %
Asia Pacific | 4,222 |  |  | 45,845 |  |  | 50,067 |  |  | 5 | %
Total | $ | 532,714 |  |  | $ | 405,989 |  |  | $ | 938,703 |  |  | 100 | %
| Six Months Ended March 31, 2024
| Scores |  | Software |  | Total |  | Percentage
| (Dollars in thousands)
Americas | $ | 418,671 |  |  | $ | 263,856 |  |  | $ | 682,527 |  |  | 84 | %
Europe, Middle East and Africa | 2,586 |  |  | 76,039 |  |  | 78,625 |  |  | 9 | %
Asia Pacific | 7,740 |  |  | 46,976 |  |  | 54,716 |  |  | 7 | %
Total | $ | 428,997 |  |  | $ | 386,871 |  |  | $ | 815,868 |  |  | 100 | %
The following table provides information about disaggregated revenue for on-premises and SaaS software within our Software segment by deployment method:
| Quarter Ended March 31, |  | Percentage of revenues |  | Six Months Ended March 31, |  | Percentage of revenues
| 2025 |  | 2024 |  | 2025 |  | 2024 |  | 2025 |  | 2024 |  | 2025 |  | 2024
| (Dollars in thousands)
On-premises software | $ | 82,300 |  |  | $ | 79,697 |  |  | 45 | % |  | 45 | % |  | $ | 165,135 |  |  | $ | 152,169 |  |  | 45 | % |  | 44 | %
SaaS software | 101,526 |  |  | 97,483 |  |  | 55 | % |  | 55 | % |  | 204,702 |  |  | 193,679 |  |  | 55 | % |  | 56 | %
Total | $ | 183,826 |  |  | $ | 177,180 |  |  | 100 | % |  | 100 | % |  | $ | 369,837 |  |  | $ | 345,848 |  |  | 100 | % |  | 100 | %
The following table provides information about disaggregated revenue for on-premises and SaaS software within our Software segment by product features:
| Quarter Ended March 31, |  | Percentage of revenues |  | Six Months Ended March 31, |  | Percentage of revenues
| 2025 |  | 2024 |  | 2025 |  | 2024 |  | 2025 |  | 2024 |  | 2025 |  | 2024
| (Dollars in thousands)
Platform software | $ | 56,464 |  |  | $ | 47,325 |  |  | 31 | % |  | 27 | % |  | $ | 110,286 |  |  | $ | 92,498 |  |  | 30 | % |  | 27 | %
Non-platform software | 127,362 |  |  | 129,855 |  |  | 69 | % |  | 73 | % |  | 259,551 |  |  | 253,350 |  |  | 70 | % |  | 73 | %
Total | $ | 183,826 |  |  | $ | 177,180 |  |  | 100 | % |  | 100 | % |  | $ | 369,837 |  |  | $ | 345,848 |  |  | 100 | % |  | 100 | %
The following table provides information about disaggregated revenue for on-premises and SaaS software within our Software segment by timing of revenue recognition:
| Quarter Ended March 31, |  | Percentage of revenues |  | Six Months Ended March 31, |  | Percentage of revenues
| 2025 |  | 2024 |  | 2025 |  | 2024 |  | 2025 |  | 2024 |  | 2025 |  | 2024
| (Dollars in thousands)
Software recognized at a point in time (1) | $ | 25,609 |  |  | $ | 20,177 |  |  | 14 | % |  | 11 | % |  | $ | 48,417 |  |  | $ | 33,959 |  |  | 13 | % |  | 10 | %
Software recognized over contract term (2) | 158,217 |  |  | 157,003 |  |  | 86 | % |  | 89 | % |  | 321,420 |  |  | 311,889 |  |  | 87 | % |  | 90 | %
Total | $ | 183,826 |  |  | $ | 177,180 |  |  | 100 | % |  | 100 | % |  | $ | 369,837 |  |  | $ | 345,848 |  |  | 100 | % |  | 100 | %
(1)Includes license portion of our on-premises subscription software and perpetual licenses, 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 March 31, |  | Percentage of revenues |  | Six Months Ended March 31, |  | Percentage of revenues
| 2025 |  | 2024 |  | 2025 |  | 2024 |  | 2025 |  | 2024 |  | 2025 |  | 2024
| (Dollars in thousands)
Business-to-business Scores | $ | 242,494 |  |  | $ | 185,508 |  |  | 82 | % |  | 78 | % |  | $ | 424,885 |  |  | $ | 325,950 |  |  | 80 | % |  | 76 | %
Business-to-consumer Scores | 54,545 |  |  | 51,377 |  |  | 18 | % |  | 22 | % |  | 107,829 |  |  | 103,047 |  |  | 20 | % |  | 24 | %
Total | $ | 297,039 |  |  | $ | 236,885 |  |  | 100 | % |  | 100 | % |  | $ | 532,714 |  |  | $ | 428,997 |  |  | 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 52% and 47% of our total revenues in the quarters ended March 31, 2025 and 2024, respectively, with all three consumer reporting agencies each contributing more than 10% of our total revenues in each of the quarters ended March 31, 2025 and 2024. Revenues collectively generated by agreements with these customers accounted for 49% and 43% of our total revenues in the six months ended March 31, 2025 and 2024, respectively, with all three consumer reporting agencies each contributing more than 10% of our total revenues in each of the six months ended March 31, 2025 and 2024. At March 31, 2025 and September 30, 2024, three individual customers and one individual customer accounted for 10% or more of total consolidated receivables, respectively.
Schedule of Accounts Receivable | Receivables at March 31, 2025 and September 30, 2024 consisted of the following:
| March 31, 2025 |  | September 30, 2024
| (In thousands)
Billed | $ | 301,667 |  |  | $ | 264,942 |
Unbilled | 234,462 |  |  | 210,795 |
| 536,129 |  |  | 475,737 |
Less: allowance for doubtful accounts | (7,506) |  |  | (6,454) |
Net receivables | 528,623 |  |  | 469,283 |
Less: long-term receivables (*) | (36,081) |  |  | (42,641) |
Short-term receivables (*) | $ | 492,542 |  |  | $ | 426,642 |
(*) 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, by Arrangement, Disclosure | 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:
|  | Six Months Ended March 31, 2025
|  | (In thousands)
Deferred revenues, beginning balance (*) |  | $ | 160,209 |
Revenue recognized that was included in the deferred revenues balance at the beginning of the period |  | (115,568) |
Increases due to billings, excluding amounts recognized as revenue during the period |  | 130,404 |
Deferred revenues, ending balance (*) |  | $ | 175,045 |
(*) Deferred revenues at March 31, 2025 included current portion of $171.8 million and long-term portion of $3.2 million that were recorded in deferred revenue and other liabilities, respectively, within the condensed consolidated balance sheets. Deferred revenues at September 30, 2024 included current portion of $156.9 million and long-term portion of $3.3 million that were recorded in deferred revenue and other liabilities, respectively, within the condensed consolidated balance sheets.

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