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Trust Stamp Inc (NASDAQ:IDAI, ISE:AIID)'s driver's license verification technology is now available through Jack Henry's digital banking platform, the company said Tuesday.

The AI-powered trust and identity solutions provider integrated its AAMVA Driver's License Data Verification (DLDV) solution using the Banno Digital Toolkit, the API framework underlying the Banno Digital Platform.

The integration embeds Trust Stamp's technology into digital banking experiences offered by community and regional financial institutions, adding to Jack Henry's ecosystem of more than 1,000 fintechs serving over 7,200 financial institutions.

The move comes as financial institutions confront a rise in identity fraud driven by generative AI, with traditional verification systems that scan only the physical card vulnerable to sophisticated forgeries and synthetic identities.

The AAMVA DLDV system queries official DMV records in real time to confirm that driver's license data matches active government records, allowing institutions to move from document authentication to data verification without adding friction for users.

"We are exceptionally proud to collaborate with Jack Henry and bring our un-fakeable data verification capabilities into their digital banking ecosystem," said Andrew Gowasack, president of Trust Stamp.

"Utilizing the Banno Digital Toolkit allowed our team to seamlessly embed this high-assurance protection directly into native banking experiences. This integration enables community banks and credit unions to deploy the 'gold standard' of identity trust instantly, protecting their institutions and their accountholders from sophisticated modern fraud threats."

Shares of Trust Stamp were up over 8% on Tuesday morning.

, /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) today issued the following statement on its response to a recent cybersecurity incident:

"Jack Henry recently detected a cybersecurity incident within a limited portion of our internal, non-production corporate environment. No client-facing systems, operating systems, core platforms, or daily processing services were accessed or disrupted, and they all remain secure and fully operational. We did not experience any system outages.

Protecting the financial institutions we serve and maintaining transparency are fundamental to everything we do at Jack Henry. We recognize and deeply regret any concern this incident may cause to our clients and their accountholders. Based on our investigation to date, personally identifiable information (PII) data for fewer than 10 clients was impacted. We have notified our more than 7,200 clients that an incident occurred, and we are working directly with the affected clients. We are offering two years of credit monitoring services to impacted financial institutions to provide to their accountholders.

Based on our investigation, the incident began with a sophisticated social engineering attack commonly known as vishing (voice phishing) initiated by a threat actor identified as ShinyHunters. Our security controls operated as intended to rapidly detect and contain the unauthorized activity. Upon detection, our teams immediately deployed specialized protocols to secure the network, isolate affected systems, and further heighten safeguards. We partnered with an independent third-party cyber forensics firm to support our investigation and response efforts and are actively collaborating with federal law enforcement.

This incident involved an extortion attempt, and we are not making any payment to the threat actor. We have determined that the incident is not financially material to the company.

Cyber incidents are an industry-wide reality, and our commitment to standing as a vigilant line of defense remains absolute. Through proactive monitoring and our rapid response framework, we effectively mitigated the threat and maintained operational integrity.

We deeply value the trust our clients place in Jack Henry and will continue to keep them informed as part of our commitment to transparency."

About Jack Henry & Associates, Inc.®
Jack Henry® (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For 50 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower more than 7,200 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com. 

SOURCE Jack Henry & Associates, Inc.

, /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors maintained its quarterly cash dividend of $.61 per share. The cash dividend on its common stock, par value $.01 per share, is payable on September 23, 2026, to stockholders of record as of September 7, 2026. Jack Henry has paid consecutive quarterly dividends since 1991, and 2025 marked the 22nd consecutive year of an increasing dividend.

About Jack Henry & Associates, Inc.®
Jack Henry® (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For 50 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower more than 7,200 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at jackhenry.com.

Statements made in this news release that are not historical facts are "forward-looking statements." Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in the Company's Securities and Exchange Commission filings, including the Company's most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Any forward-looking statement made in this news release speaks only as of the date of the news release, and the Company expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise.

SOURCE Jack Henry & Associates, Inc.

Fourth quarter summary:

GAAP revenue increased 4.7% and GAAP operating income decreased 12.2% for the fiscal three months ended June 30, 2026, compared to the prior fiscal year quarter. Non-GAAP adjusted revenue increased 6.6% and non-GAAP adjusted operating income decreased 3.1% for the fiscal three months ended June 30, 2026, compared to the prior fiscal year quarter.1 GAAP EPS was $1.57 per diluted share for the fiscal three months ended June 30, 2026, compared to $1.75 per diluted share in the prior fiscal year quarter representing contraction of 10.2%. Stock repurchases for the fiscal three months ended June 30, 2026, were $164 million at an average price of $140 per share. Fiscal year summary:

GAAP revenue increased 7.1% and GAAP operating income increased 11.7% for the fiscal year ended June 30, 2026, compared to the prior fiscal year. Non-GAAP adjusted revenue increased 7.3% and non-GAAP adjusted operating income increased 11.6% for the fiscal year ended June 30, 2026, compared to the prior fiscal year.1 GAAP EPS was $6.98 per diluted share for the fiscal year ended June 30, 2026, compared to $6.24 per diluted share in the prior fiscal year representing growth of 11.9%. Cash and cash equivalents were $12.1 million at June 30, 2026, and $102.0 million at June 30, 2025. Debt outstanding for credit facilities was $40 million at June 30, 2026, and $0 at June 30, 2025. Stock repurchases for fiscal year ended June 30, 2026, were $448 million at an average price of $152 per share. Full year fiscal 2027 guidance (Dollars in millions, other than per share amounts):3

Current

GAAP

Low

High

Revenue

$2,684

$2,709

Operating margin4

24.5 %

24.7 %

EPS

$7.33

$7.38

Non-GAAP5

Adjusted revenue

$2,659

$2,684

Adjusted operating margin

24.1 %

24.3 %

, /PRNewswire/ -- Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading financial technology provider, today announced results for fiscal fourth quarter and fiscal full year ended June 30, 2026.

Key Call-Outs

Key Performance Indicators

Jack Henry & Associates, Inc. Reports Fourth Quarter and Full Year Fiscal 2026 Results 1 See tables below on page 4 reconciling non-GAAP financial measures to GAAP.

2See table below on page 14 reconciling net income to non-GAAP EBITDA.

3 The full fiscal year guidance assumes no acquisitions or dispositions will be made during fiscal year 2027.

4Operating margin is calculated by dividing operating income by revenue.

5See tables below on page 9 reconciling fiscal year 2027 GAAP to non-GAAP guidance.

According to Greg Adelson, President and CEO, "We are extremely pleased to report record sales and financial results for fiscal 2026. We delivered a record 58 competitive core wins for the year, including 14 institutions with more than $1 billion in assets, and both fourth-quarter and full-year non-GAAP revenue reached new highs. Technology spending remains strong, which is reflected in our robust sales pipeline as we continue to provide innovative solutions and expand the use of artificial intelligence to help banks and credit unions win in the markets they serve. As we enter fiscal 2027, we are well positioned to continue driving consistent revenue growth, margin expansion, and long-term value through our unwavering focus on culture, service, innovation, strategy, and execution."

Operating Results

Revenue, operating expenses, operating income, and net income for the fiscal three months and fiscal year ended June 30, 2026, compared to the fiscal three months and fiscal year ended June 30, 2025, were as follows:

Revenue

(Unaudited, dollars in thousands)

Three Months Ended

June 30,

%
Change

Year Ended

June 30,

%
Change

2026

2025

2026

2025

Revenue

Services and Support

$   360,195

$     351,239

2.5 %

$ 1,448,003

$    1,361,737

6.3 %

Percentage of Total Revenue

55.9 %

57.1 %

56.9 %

57.3 %

Processing

283,828

264,133

7.5 %

1,096,336

1,013,551

8.2 %

Percentage of Total Revenue

44.1 %

42.9 %

43.1 %

42.7 %

REVENUE

$   644,023

$     615,372

4.7 %

$ 2,544,339

$    2,375,288

7.1 %

Services and support revenue increased for the fiscal three months ended June 30, 2026, compared to the fiscal three months ended June 30, 2025, primarily driven by growth in data processing and hosting revenue within private and public cloud revenue of 7.4% and higher license and hardware revenue by 27.3% and increased education, royalty, and other revenues by 38.6% partially offset by a decrease in deconversion revenue of $11,168. Processing revenue increased for the fiscal three months ended June 30, 2026, compared to the fiscal three months ended June 30, 2025, mainly driven by growth in card revenue of 5.4% from monthly service and risk management fees, improvement in Jack Henry digital and transaction revenue of 8.6% from a higher number of active users on our digital platform,  and a rise in faster payments revenue of 47.0%. Services and support revenue increased for the fiscal year ended June 30, 2026, compared to the fiscal year ended June 30, 2025, primarily driven by growth in data processing and hosting revenue within private and public cloud revenue of 8.5%, higher consulting, work orders and release fees revenue by 13.0%, a rise in implementation revenue by 14.1%, and increased license and hardware revenue by 19.5% partially offset by the decrease in software usage revenue (mainly due to a contract change in the prior fiscal year) by 26.2%. Processing revenue increased for the fiscal year ended June 30, 2026, compared to the fiscal year ended June 30, 2025, mainly driven by growth in card revenue of 6.0% from monthly service and risk management fees, improvement in Jack Henry digital and transaction revenue of 11.6% from a higher number of active users on our digital platform, and a rise in faster payments revenue of 49.5%. For the fiscal three months ended June 30, 2026, compared to the fiscal three months ended June 30, 2025, core segment revenue increased 1.9%, payments segment revenue increased 4.9%, complementary segment revenue increased 4.7%, and corporate services segment revenue increased 30.4%. For the fiscal three months ended June 30, 2026, compared to the fiscal three months ended June 30, 2025, core segment non-GAAP adjusted revenue increased 6.0%, payments segment non-GAAP adjusted revenue increased 6.1%, complementary segment non-GAAP adjusted revenue increased 5.6%, and corporate services non-GAAP adjusted segment revenue increased 31.3%. Total non-GAAP adjusted revenue increased 6.6% for the same comparative periods (see revenue lines of segment break-out tables on pages 5 and 6 below for a reconciliation of GAAP segment revenue to non-GAAP adjusted segment revenue). For the fiscal year ended June 30, 2026, compared to the fiscal year ended June 30, 2025, core segment revenue increased 4.8%, payments segment revenue increased 7.2%, complementary segment revenue increased 8.3%, and corporate services segment revenue increased 18.3%. For the fiscal year ended June 30, 2026, compared to the fiscal year ended June 30, 2025, core segment non-GAAP adjusted revenue increased 7.1%, payments segment non-GAAP adjusted revenue increased 6.4%, complementary segment non-GAAP adjusted revenue increased 7.7%, and corporate services non-GAAP adjusted segment revenue increased 18.3%. Total non-GAAP adjusted revenue increased 7.3% for the same comparative periods (see revenue lines of segment break-out tables on pages 7 and 8 below for a reconciliation of GAAP segment revenue to non-GAAP adjusted segment revenue). Operating Expenses and Operating Income

(Unaudited, dollars in thousands)

Three Months Ended

June 30,

%
Change

Year Ended

June 30,

%
Change

2026

2025

2026

2025

Cost of Revenue

$   370,175

$   343,879

7.6 %

$ 1,433,651

$  1,360,747

5.4 %

Percentage of Total Revenue6

57.5 %

55.9 %

56.3 %

57.3 %

Research and Development

49,830

42,580

17.0 %

176,445

162,771

8.4 %

Percentage of Total Revenue6

7.7 %

6.9 %

6.9 %

6.9 %

Selling, General, and Administrative

87,245

73,216

19.2 %

299,210

283,055

5.7 %

Percentage of Total Revenue6

13.5 %

11.9 %

11.8 %

11.9 %

OPERATING EXPENSES

507,250

459,675

10.3 %

1,909,306

1,806,573

5.7 %

OPERATING INCOME

$   136,773

$    155,697

(12.2) %

$    635,033

$    568,715

11.7 %

Operating Margin6

21.2 %

25.3 %

25.0 %

23.9 %

Cost of revenue increased for the fiscal three months and fiscal year ended June 30, 2026, compared to the fiscal three months and fiscal year ended June 30, 2025, primarily due to higher personnel costs, including compensation and benefit costs, partially related to trailing twelve month headcount growth, higher direct costs generally consistent with increases in related lines of revenue, as well as higher amortization of capitalized software and increased internal licenses and fees. Research and development expense increased for the fiscal three months and fiscal year ended June 30, 2026, compared to the fiscal three months and fiscal year ended June 30, 2025, primarily due to higher personnel costs (net of capitalization), including compensation and benefit costs, partially related to trailing twelve month headcount growth. Selling, general, and administrative expense increased for the fiscal three months and fiscal year ended June 30, 2026, compared to the fiscal three months and fiscal year ended June 30, 2025, mainly due to higher personnel costs, including increased medical costs from second-half normalization trends and higher compensation tied to trailing twelve month headcount growth. Net Income

(Unaudited, in thousands,

except per share data)

Three Months Ended

June 30,

%
Change

Year Ended

June 30,

%
Change

2026

2025

2026

2025

Income Before Income Taxes

$      139,738

$      159,949

(12.6) %

$     652,790

$     586,036

11.4 %

Provision for Income Taxes

28,510

32,345

(11.9) %

150,014

130,288

15.1 %

NET INCOME

$       111,228

$      127,604

(12.8) %

$     502,776

$     455,748

10.3 %

Diluted earnings per share

$             1.57

$            1.75

(10.2) %

$           6.98

$           6.24

11.9 %

Effective tax rates for the fiscal three months and fiscal year ended June 30, 2026, were 20.4% and 23.0% respectively, and for the fiscal three months and fiscal year ended June 30, 2025 were 20.2% and 22.2%, respectively. According to Mimi Carsley, CFO and Treasurer, "Our full year performance delivered record revenues, substantial margin expansion, and robust free cash flow, yielding value—culminating in an outstanding ROIC of 23.2% that reflects the underlying strength of our business model. Looking ahead to full-year 2027, our non-GAAP revenue growth should remain consistent, but margin comparisons will be impacted by tough comparisons from the first half of last year. Overall, we expect another strong performance in fiscal 2027."

6Operating margin is calculated by dividing operating income by revenue. Operating margin plus operating expense components as a percentage of total revenue may not equal 100% due to rounding.

Impact of Non-GAAP Adjustments

The tables below show our revenue, operating income, and net income for the fiscal three months and fiscal year ended June 30, 2026, compared to the fiscal three months and fiscal year ended June 30, 2025, excluding the impacts of deconversions in the fiscal quarter and fiscal year ended June 30, 2026, and June 30, 2025, the impact in the current fiscal quarter and fiscal year of an acquisition made during the current fiscal year, the gain on assets, net, in the current fiscal year, and the impact of a contract change in the prior fiscal quarter and fiscal year.

(Unaudited, dollars in thousands)

Three Months Ended June 30,

%
Change

Year Ended June 30,

%
Change

2026

2025

2026

2025

GAAP Revenue*

$    644,023

$    615,372

4.7 %

$               2,544,339

$              2,375,288

7.1 %

Adjustments:

Deconversion revenue

(9,327)

(20,495)

(42,830)

(33,905)

Revenue related to a contract change

—

(1,202)

—

(15,874)

Revenue from the acquisition

(1,598)

—

(5,193)

—

NON-GAAP ADJUSTED REVENUE*

$    633,098

$    593,675

6.6 %

$               2,496,316

$               2,325,509

7.3 %

GAAP Operating Income

$     136,773

$    155,697

(12.2) %

$ 635,033

$  568,715

11.7 %

Adjustments:

Operating income from deconversions

(4,616)

(17,938)

(29,953)

(27,663)

Operating income related to a contract change

—

(180)

—

(2,358)

Gain on assets, net

—

—

(6,829)

—

Operating loss from the acquisition

1,141

—

2,959

—

NON-GAAP ADJUSTED OPERATING INCOME

$     133,298

$     137,579

(3.1) %

$   601,210

$ 538,694

11.6 %

Non-GAAP Adjusted Operating Margin**

21.1 %

23.2 %

24.1 %

23.2 %

GAAP Net Income

$      111,228

$     127,604

(12.8) %

$   502,776

$ 455,748

10.3 %

Adjustments:

Net income from deconversions

(4,616)

(17,938)

(29,953)

(27,663)

Net income related to a contract change

—

(180)

—

(2,358)

Gain on assets, net

—

—

(6,829)

—

Net loss from the acquisition

1,141

—

2,959

—

Tax impact of adjustments***

834

4,348

8,118

7,205

NON-GAAP ADJUSTED NET INCOME

$     108,587

$     113,834

(4.6) %

$   477,071

$  432,932

10.2 %

*GAAP revenue is comprised of services and support and processing revenues (see page 2). Services and support revenue less deconversion revenue for the fiscal three months ended June 30, 2026, and 2025, which was $9,327 for the current fiscal year quarter and $20,495 for the prior fiscal year quarter, and reducing the fiscal three months ended June 30, 2025, amount also for revenue related to a contractual change of $1,202, results in non-GAAP adjusted services and support revenue growth of 6.5% quarter over quarter. Processing revenue less revenue from the acquisition for the fiscal three months ended June 30, 2026, of $1,598, results in non-GAAP adjusted processing revenue growth of 6.9% quarter over quarter.

Services and support revenue less deconversion revenue for the fiscal year ended June 30, 2026, and 2025 which was $42,830 for the current fiscal year and $33,905 for the prior fiscal year, and reducing the fiscal year ended June 30, 2025, amount also for revenue related to a contractual change of $15,874, results in non-GAAP adjusted services and support revenue growth of 7.1% year over year. Processing revenue less revenue from the acquisition for the fiscal year ended June 30, 2026, of $5,193, results in non-GAAP adjusted processing revenue growth of 7.7% year over year.

**Non-GAAP adjusted operating margin is calculated by dividing non-GAAP adjusted operating income by non-GAAP adjusted revenue.

***The tax impact of adjustments is calculated using a tax rate of 24% for the fiscal three months and fiscal year ended June 30, 2026, and 2025. The tax rate for non-GAAP adjustment items takes a broad look at the Company's recurring tax adjustments and applies them to non-GAAP revenue that does not have its own specific tax impacts.

The tables below show the segment break-out of revenue and cost of revenue for each period presented, as adjusted for the items above, and include a reconciliation to non-GAAP adjusted operating income presented above.

Three Months Ended June 30, 2026

(Unaudited, dollars in thousands)

Core

Payments

Complementary

Corporate
Services

Total

GAAP REVENUE

$   191,611

$   240,419

$          188,800

$    23,193

$           644,023

Non-GAAP adjustments*

(2,830)

(4,454)

(3,588)

(53)

(10,925)

NON-GAAP ADJUSTED REVENUE

188,781

235,965

185,212

23,140

633,098

GAAP COST OF REVENUE

75,756

121,233

73,009

100,177

370,175

Non-GAAP adjustments*

(1,450)

(2,295)

(1,040)

(129)

(4,914)

NON-GAAP ADJUSTED COST OF REVENUE

74,306

118,938

71,969

100,048

365,261

GAAP SEGMENT INCOME

$   115,855

$   119,186

$           115,791

$   (76,984)

Segment Income Margin**

60.5 %

49.6 %

61.3 %

(331.9) %

NON-GAAP ADJUSTED SEGMENT INCOME

$   114,475

$   117,027

$           113,243

$   (76,908)

Non-GAAP Adjusted Segment Income Margin**

60.6 %

49.6 %

61.1 %

(332.4) %

Research and Development

49,830

Selling, General, and Administrative

87,245

Non-GAAP adjustments unassigned to a segment***

(2,536)

NON-GAAP TOTAL ADJUSTED OPERATING EXPENSES

499,800

NON-GAAP ADJUSTED OPERATING INCOME

$ 133,298

*Revenue non-GAAP adjustments for the Payments segment were ($1,598) of acquisition revenue and ($2,856) of deconversion revenue. Revenue non-GAAP adjustments for the remainder of the segments were deconversion revenue. Cost of revenue non-GAAP adjustments for the Payments segment were ($1,991) of acquisition costs and ($304) of deconversion costs. Cost of revenue non-GAAP adjustments for the Corporate Services segment were ($118) of acquisition costs and ($11) of deconversion costs. Cost of revenue non-GAAP adjustments for the remainder of the segments were deconversion costs.

**Segment income margin is calculated by dividing segment income by revenue for each segment. Non-GAAP adjusted segment income margin is calculated by dividing non-GAAP adjusted segment income by non-GAAP adjusted revenue for each segment.

***Non-GAAP adjustments unassigned to a segment were deconversion costs of $1,906, research and development costs related to the acquisition of $590, and selling, general, and administrative costs related to the acquisition of $40.

Three Months Ended June 30, 2025

(Unaudited, dollars in thousands)

Core

Payments

Complementary

Corporate
Services

Total

GAAP REVENUE

$ 187,976

$  229,292

$           180,317

$    17,787

$   615,372

Non-GAAP adjustments*

(9,863)

(6,818)

(4,852)

(164)

(21,697)

NON-GAAP ADJUSTED REVENUE

178,113

222,474

175,465

17,623

593,675

GAAP COST OF REVENUE

69,389

116,128

68,894

89,468

343,879

Non-GAAP adjustments*

(1,753)

(109)

(440)

(9)

(2,311)

NON-GAAP ADJUSTED COST OF REVENUE

67,636

116,019

68,454

89,459

341,568

GAAP SEGMENT INCOME

$  118,587

$   113,164

$           111,423

$   (71,681)

Segment Income Margin**

63.1 %

49.4 %

61.8 %

(403.0) %

NON-GAAP ADJUSTED SEGMENT INCOME

$  110,477

$  106,455

$           107,011

$   (71,836)

Non-GAAP Adjusted Segment Income Margin

62.0 %

47.9 %

61.0 %

(407.6) %

Research and Development

42,580

Selling, General, and Administrative

73,216

Non-GAAP adjustments unassigned to a segment***

(1,268)

NON-GAAP TOTAL ADJUSTED OPERATING EXPENSES

456,096

NON-GAAP ADJUSTED OPERATING INCOME

$   137,579

*Revenue non-GAAP adjustments for the Core segment were ($1,202) of revenue related to the contractual change and ($8,661) of deconversion revenue. Revenue non-GAAP adjustments for the remainder of the segments were deconversion revenue. Cost of revenue non-GAAP adjustments for the Core segment were cost of revenue related to a contractual change of ($1,022) and ($731) of deconversion costs. Cost of revenue non-GAAP adjustments for the remainder of the segments were deconversion costs.

**Segment income margin is calculated by dividing segment income by revenue for each segment. Non-GAAP adjusted segment income margin is calculated by dividing non-GAAP adjusted segment income by non-GAAP adjusted revenue for each segment.

***Non-GAAP adjustments unassigned to a segment were deconversion costs.

Year Ended June 30, 2026

(Unaudited, dollars in thousands)

Core

Payments

Complementary

Corporate
Services

Total

GAAP REVENUE

$ 768,452

$ 936,006

$         752,214

$    87,667

$             2,544,339

Non-GAAP adjustments*

(16,605)

(18,853)

(12,219)

(346)

(48,023)

NON-GAAP ADJUSTED REVENUE

751,847

917,153

739,995

87,321

2,496,316

GAAP COST OF REVENUE

304,886

479,539

286,726

362,500

1,433,651

Non-GAAP adjustments*

(4,566)

(6,571)

(2,119)

(389)

(13,645)

NON-GAAP ADJUSTED COST OF REVENUE

300,320

472,968

284,607

362,111

1,420,006

GAAP SEGMENT INCOME

$ 463,566

$ 456,467

$        465,488

$ (274,833)

Segment Income Margin**

60.3 %

48.8 %

61.9 %

(313.5) %

NON-GAAP ADJUSTED SEGMENT INCOME

$ 451,527

$ 444,185

$         455,388

$ (274,790)

Non-GAAP Adjusted Segment Income Margin

60.1 %

48.4 %

61.5 %

(314.7) %

Research and Development

176,445

Selling, General, and Administrative

299,210

Non-GAAP adjustments unassigned to a segment***

(555)

NON-GAAP TOTAL ADJUSTED OPERATING EXPENSES

1,895,106

NON-GAAP ADJUSTED OPERATING INCOME

$   601,210

*Revenue non-GAAP adjustments for the Payments segment were ($5,193) of acquisition revenue and ($13,660) of deconversion revenue. Revenue non-GAAP adjustments for the remainder of the segments were deconversion revenue. Cost of revenue non-GAAP adjustments for the Payments segment were ($5,854) of acquisition costs and ($717) of deconversion costs. Cost of revenue non-GAAP adjustments for the Corporate Services segment were ($371) of acquisition costs and ($18) of deconversion costs. Cost of revenue non-GAAP adjustments for the remainder of the segments were deconversion costs.

**Segment income margin is calculated by dividing segment income by revenue for each segment. Non-GAAP adjusted segment income margin is calculated by dividing non-GAAP adjusted segment income by non-GAAP adjusted revenue for each segment.

***Non-GAAP adjustments unassigned to a segment were a gain on assets, net, of $6,829 less deconversion costs of $5,457, research and development costs related to the acquisition of $1,803, and selling, general, and administrative costs related to the acquisition of $124.

Year Ended June 30, 2025

(Unaudited, dollars in thousands)

Core

Payments

Complementary

Corporate
Services

Total

GAAP REVENUE

$ 732,924

$ 873,498

$          694,771

$    74,095

$            2,375,288

Non-GAAP adjustments*

(30,639)

(11,159)

(7,709)

(272)

(49,779)

NON-GAAP ADJUSTED REVENUE

702,285

862,339

687,062

73,823

2,325,509

GAAP COST OF REVENUE

295,239

460,151

269,657

335,700

1,360,747

Non-GAAP adjustments*

(15,612)

(288)

(1,119)

(14)

(17,033)

NON-GAAP ADJUSTED COST OF REVENUE

279,627

459,863

268,538

335,686

1,343,714

GAAP SEGMENT INCOME

$ 437,685

$ 413,347

$          425,114

$ (261,605)

Segment Income Margin**

59.7 %

47.3 %

61.2 %

(353.1) %

NON-GAAP ADJUSTED SEGMENT INCOME

$ 422,658

$ 402,476

$          418,524

$ (261,863)

Non-GAAP Adjusted Segment Income Margin

60.2 %

46.7 %

60.9 %

(354.7) %

Research and Development

162,771

Selling, General, and Administrative

283,055

Non-GAAP adjustments unassigned to a segment***

(2,725)

NON-GAAP TOTAL ADJUSTED OPERATING EXPENSES

1,786,815

NON-GAAP ADJUSTED OPERATING INCOME

$ 538,694

*Revenue non-GAAP adjustments for the Core segment were ($15,874) of revenue related to the contractual change and ($14,765) of deconversion revenue. Revenue non-GAAP adjustments for the remainder of the segments were deconversion revenue. Cost of revenue non-GAAP adjustments for the Core segment were cost of revenue related to a contractual change of ($13,516) and ($2,096) of deconversion costs. Cost of revenue non-GAAP adjustments for the remainder of the segments were deconversion costs.

**Segment income margin is calculated by dividing segment income by revenue for each segment. Non-GAAP adjusted segment income margin is calculated by dividing non-GAAP adjusted segment income by non-GAAP adjusted revenue for each segment.

***Non-GAAP adjustments unassigned to a segment were deconversion costs.

The table below shows our GAAP to non-GAAP guidance for the fiscal year ending June 30, 2027. Fiscal year 2027 non-GAAP guidance excludes the impacts of deconversion revenue and related operating expenses, acquisition revenues and related operating expenses, the revenues and operating expenses related to a contractual change, and the gain on assets, net, and assumes no additional acquisitions or dispositions will be made during the fiscal year.

GAAP to Non-GAAP GUIDANCE (Dollars in
millions, except per share data)

Annual FY'27

Adjusted for
FY'27
Comparison

Reported

Change
(Acquisition)

Low

High

FY26

FY26

FY26

GAAP REVENUE

$ 2,684

$ 2,709

$      2,544

$   2,544

$             —

     Growth

5.5 %

6.5 %

Deconversions*

23

23

43

43

—

Acquisition

2

2

—

5

(5)

NON-GAAP ADJUSTED REVENUE**

$ 2,659

$ 2,684

$      2,502

$   2,496

$              5

     Non-GAAP Adjusted Growth

6.3 %

7.3 %

GAAP OPERATING EXPENSES

$ 2,025

$ 2,039

$       1,909

$   1,909

$             —

     Growth

6.1 %

6.8 %

Deconversion costs*

5

5

13

13

—

Acquisition costs

3

3

—

8

(8)

Gain on assets, net

—

—

(7)

(7)

—

NON-GAAP ADJUSTED OPERATING EXPENSES**

$ 2,018

$ 2,031

$       1,903

$   1,895

$              8

     Non-GAAP Adjusted Growth

6.0 %

6.7 %

GAAP OPERATING INCOME

$   658

$    670

$        635

$     635

$             —

     Growth

3.7 %

5.5 %

GAAP OPERATING MARGIN

24.5 %

24.7 %

25.0 %

25.0 %

NON-GAAP ADJUSTED OPERATING INCOME**

$   641

$    653

$        598

$     601

$             (3)

     Non-GAAP Adjusted Growth

7.2 %

9.1 %

NON-GAAP ADJUSTED OPERATING MARGIN

24.1 %

24.3 %

23.9 %

24.1 %

GAAP EPS

$   7.33

$   7.38

$        6.98

$    6.98

$             —

     Growth

5.0 %

5.7 %

*Deconversion revenue and related operating expenses for fiscal year 2027 are based on the lowest actual recent historical results. See the Company's Form 8-K filed with the Securities and Exchange Commission on August 3, 2023.

**GAAP to Non-GAAP revenue, operating expenses, and operating income may not foot due to rounding.

Balance Sheet and Cash Flow Review

Cash and cash equivalents were $12 million at June 30, 2026, compared to $102 million at June 30, 2025. Trade receivables were $349 million at June 30, 2026, and $318 million at June 30, 2025.  The Company had $40 million of borrowings at June 30, 2026, compared to $0 of borrowings at June 30, 2025. Deferred revenue was $372 million at June 30, 2026, compared to $363 million at June 30, 2025. Stockholders' equity decreased to $2,052 million at June 30, 2026, compared to $2,131 million at June 30, 2025. *See table below for Net Cash Provided by Operating Activities and on page 14 for Return on Average Stockholders' Equity. Tables reconciling the non-GAAP measures Free Cash Flow and Net Operating Profit After Tax Return on Invested Capital (NOPAT ROIC) to GAAP measures are on pages 14 and 15. See the Use of Non-GAAP Financial Information section below for the definitions of Free Cash Flow and NOPAT ROIC.

The following table summarizes net cash from operating activities:

(Unaudited, in thousands)

Year Ended June 30,

2026

2025

Net income

$              502,776

$              455,748

Depreciation

42,103

43,700

Amortization

171,138

161,051

Change in deferred income taxes

126,032

(3,496)

Other non-cash expenses

35,023

30,358

Change in receivables

(29,268)

15,056

Change in deferred revenue

9,099

(25,559)

Change in other assets and liabilities*

(94,943)

(35,354)

NET CASH FROM OPERATING ACTIVITIES

$              761,960

$               641,504

*For the fiscal year ended June 30, 2026, the change in other assets and liabilities includes the change in prepaid expenses, deferred costs and other of $(85,512), income taxes of $(14,322), and the change in accounts payable of $(1,431) partially offset by the change in accrued expenses of $6,322. For the fiscal year ended June 30, 2025, the change in other assets and liabilities includes the change in prepaid expenses, deferred costs and other of $(50,933) and the change in accrued expenses of $(3,115) partially offset by the change in income taxes of $16,048 and the change in accounts payable of $2,646.

The following table summarizes net cash from investing activities:

(Unaudited, in thousands)

Year Ended June 30,

2026

2025

Payment for acquisitions

$              (42,390)

$                        —

Capital expenditures

(67,103)

(53,358)

Proceeds from sale of assets

32,827

3

Purchased software

(4,108)

(5,363)

Computer software developed

(184,243)

(172,445)

Purchase of investments

(13,721)

(2,000)

Proceeds from investments

1,000

1,000

NET CASH FROM INVESTING ACTIVITIES

$             (277,738)

$              (232,163)

The following table summarizes net cash from financing activities:

(Unaudited, in thousands)

Year Ended June 30,

2026

2025

Borrowings on credit facilities

$             480,000

$            350,000

Repayments on credit facilities

(440,000)

(500,000)

Purchase of treasury stock

(448,173)

(35,051)

Dividends paid

(170,405)

(164,644)

Net cash from issuance of stock and tax related to stock-based
compensation

4,459

4,023

NET CASH FROM FINANCING ACTIVITIES

$            (574,119)

$           (345,672)

Use of Non-GAAP Financial Information

Generally Accepted Accounting Principles (GAAP) is the term used to refer to the standard framework of guidelines for financial accounting in the United States. GAAP includes the standards, conventions, and rules accountants follow in recording and summarizing transactions in the preparation of financial statements. In addition to reporting financial results in accordance with GAAP, we have provided certain non-GAAP financial measures, including adjusted revenue, adjusted segment revenue, adjusted operating income, adjusted segment income, adjusted cost of revenue, adjusted segment cost of revenue, adjusted operating expenses, adjusted operating margin, adjusted segment income margin, non-GAAP earnings before interest, taxes, depreciation, and amortization (non-GAAP EBITDA), free cash flow, net operating profit after tax return on invested capital (NOPAT ROIC), and non-GAAP adjusted net income.

We believe non-GAAP financial measures help investors better understand the underlying fundamentals and true operations of our business. Adjusted revenue, adjusted segment revenue, adjusted operating income, adjusted operating margin, adjusted segment income, adjusted segment income margin, adjusted cost of revenue, adjusted segment cost of revenue, adjusted operating expenses, and adjusted net income eliminate deconversion revenue and associated costs, the gain on assets, net, an acquisition, and a contractual change, which management believes are not indicative of the Company's operating performance. Such adjustments give investors further insight into our performance. Non-GAAP EBITDA is defined as net income attributable to the Company before the effect of interest income, net, taxes, depreciation, and amortization, adjusted for net income before the effect of interest income, net, taxes, depreciation, and amortization attributable to eliminated deconversions, the gain on assets, net, an acquisition, and a contractual change. Free cash flow is defined as net cash from operating activities, less capitalized expenditures, internal use software, and capitalized software, plus proceeds from the sale of assets. NOPAT ROIC is defined as operating income for the trailing four quarters multiplied by one minus the average effective tax rate (ETR) for the trailing four quarters, with the result divided by average invested capital (average of the beginning and ending period balances). Management believes that non-GAAP EBITDA is an important measure of the Company's overall operating performance and excludes certain costs and other transactions that management deems one time or non-operational in nature; free cash flow is useful to measure the funds generated in a given period that are available for debt service requirements and strategic capital decisions; and NOPAT ROIC is a measure of the Company's allocation efficiency and effectiveness of its invested capital. For these reasons, management also uses these non-GAAP financial measures in its assessment and management of the Company's performance.

Non-GAAP financial measures used by the Company may not be comparable to similarly titled non-GAAP measures used by other companies. Non-GAAP financial measures have no standardized meaning prescribed by GAAP and therefore, are unlikely to be comparable with calculations of similar measures for other companies.

Any non-GAAP financial measures should be considered in context with the GAAP financial presentation and should not be considered in isolation or as a substitute for GAAP measures. Reconciliations of the non-GAAP financial measures to related GAAP measures are included.

About Jack Henry & Associates, Inc.®

Jack Henry® (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity — offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For 50 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower over 7,200 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.

Quarterly Conference Call

The Company will hold a conference call on August 19, 2026, at 7:45 a.m. Central Time, and investors are invited to listen at www.jackhenry.com. A webcast replay will be available approximately one hour after the event at ir.jackhenry.com/corporate-events-and-presentations and will remain available for one year.

Statements made in this news release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in the Company's Securities and Exchange Commission filings, including the Company's most recent reports on Form 10-K and Form 10-Q, particularly under the heading Risk Factors. Any forward-looking statement made in this news release speaks only as of the date of the news release, and the Company expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise.

Consolidated Statements of Income (Unaudited)

(Dollars in thousands, except per share data)

Three Months Ended June 30,

%
Change

Year Ended June 30,

%
Change

2026

2025

2026

2025

REVENUE

$        644,023

$        615,372

4.7 %

$   2,544,339

$    2,375,288

7.1 %

Cost of Revenue

370,175

343,879

7.6 %

1,433,651

1,360,747

5.4 %

Research and Development

49,830

42,580

17.0 %

176,445

162,771

8.4 %

Selling, General, and Administrative

87,245

73,216

19.2 %

299,210

283,055

5.7 %

EXPENSES

507,250

459,675

10.3 %

1,909,306

1,806,573

5.7 %

OPERATING INCOME

136,773

155,697

(12.2) %

635,033

568,715

11.7 %

Interest income

4,949

6,354

(22.1) %

23,144

27,759

(16.6) %

Interest expense

(1,984)

(2,102)

(5.6) %

(5,387)

(10,438)

(48.4) %

Interest Income, net

2,965

4,252

(30.3) %

17,757

17,321

2.5 %

INCOME BEFORE INCOME TAXES

139,738

159,949

(12.6) %

652,790

586,036

11.4 %

Provision for Income Taxes

28,510

32,345

(11.9) %

150,014

130,288

15.1 %

NET INCOME

$         111,228

$        127,604

(12.8) %

$      502,776

$      455,748

10.3 %

Diluted net income per share

$               1.57

$              1.75

$            6.98

$            6.24

Diluted weighted average shares outstanding

70,872

73,005

72,043

73,045

Consolidated Balance Sheet Highlights (Unaudited)

(In thousands)

June 30,

%
Change

2026

2025

Cash and cash equivalents

$        12,056

$        101,953

(88.2) %

Receivables

349,111

317,977

9.8 %

Total assets

3,145,711

3,043,970

3.3 %

Accounts payable and accrued expenses

$      261,476

$      245,299

6.6 %

Debt

40,000

—

— %

Deferred revenue

372,472

363,374

2.5 %

Stockholders' equity

2,051,949

2,130,832

(3.7) %

Calculation of Non-GAAP Earnings Before Interest Income, Net, Income Taxes, Depreciation and Amortization (Non-GAAP EBITDA)

Three Months Ended June 30,

%
Change

Year Ended June 30,

%
Change

(Dollars in thousands)

2026

2025

2026

2025

Net income

$         111,228

$        127,604

$      502,776

$      455,748

Net interest

(2,965)

(4,252)

(17,757)

(17,321)

Taxes

28,510

32,345

150,013

130,288

Depreciation and amortization

54,541

51,490

213,241

204,751

Less: Net income before interest expense,
taxes, depreciation and amortization attributable to
eliminated one-time adjustments*

(3,954)

(18,118)

(35,244)

(30,021)

NON-GAAP EBITDA

$       187,360

$        189,069

(0.9) %

$      813,029

$      743,445

9.4 %

*The fiscal fourth quarter 2026 and 2025 adjustments for net income before interest expense, taxes, depreciation and amortization were for deconversions of ($4,616)
and an acquisition of $662, and were for deconversions of ($17,938) and a contract change of ($180), respectively. The fiscal year 2026 and 2025 adjustments were for
deconversions of ($29,953), a gain on assets, net, of ($6,829), and an acquisition of $1,538, and were for deconversions of ($27,663) and a contractual change of
($2,358), respectively.

Calculation of Free Cash Flow (Non-GAAP)

Year Ended June 30,

(In thousands)

2026

2025

Net cash from operating activities

$      761,960

$       641,504

Capitalized expenditures

(67,103)

(53,358)

Internal use software

(4,108)

(5,363)

Proceeds from sale of assets

32,827

3

Capitalized software

(184,243)

(172,445)

FREE CASH FLOW

$      539,333

$        410,341

Net income

$      502,776

$      455,748

Operating cash conversion*

151.6 %

140.8 %

Free cash flow conversion (excluding proceeds from sale of assets)*

100.7 %

90.0 %

*Operating cash conversion is net cash from operating activities divided by net income. Free cash flow conversion is free cash flow less proceeds from sale of
assets of $32,827 for fiscal 2026 and $3 for fiscal 2025 divided by net income.

Calculation of the Return on Average Stockholders' Equity

June 30,

(In thousands)

2026

2025

Net income (trailing four quarters)

$      502,776

$      455,748

Average stockholder's equity (period beginning and ending balances)

2,091,391

1,986,598

RETURN ON AVERAGE STOCKHOLDERS' EQUITY

24.0 %

22.9 %

Calculation of NOPAT ROIC (Non-GAAP)

June 30,

(In thousands)

2026

2025

Operating income (trailing four quarters)

$     635,033

$       568,715

Average Effective Tax Rate (trailing four quarters)

22.8 %

22.2 %

NOPAT operating income (trailing four quarters)*

490,245

442,460

Average invested capital (period beginning and ending balances)

2,111,391

2,061,598

NOPAT ROIC

23.2 %

21.5 %

*NOPAT operating income is calculated by multiplying the trailing four quarters operating income by one minus the average ETR. NOPAT ROIC is calculated by dividing NOPAT operating income by average invested capital (period beginning and ending balances).

FAQ for Analysts / Investors

1. Why does fiscal 2025 non-GAAP revenue used for growth calculation not match reported fiscal 2025 non-GAAP revenue?

The restructuring of a third-party agreement resulted in a $16 million fiscal year-over-year revenue headwind, with $12 million of that in the first quarter and $4 million additional in the second, third, and fourth quarters. This restructuring also resulted in a decrease in the related costs and the impact on margins was minimal. This was adjusted for a consistent fiscal year-over-year comparison. 2.  What will be the impact of the Victor acquisition in fiscal year 2027?

With the one-year anniversary of the acquisition rolling off on September 30, 2026, Victor's ongoing revenue will be fully integrated into Non-GAAP adjusted (organic) revenue starting October 1, 2026. SOURCE Jack Henry & Associates, Inc.

Key Takeaways Jack Henry's Q4 sales are expected to rise 2.1%, while earnings are projected to decline 18.3%.Cloud migration and public cloud growth are expected to support Core segment revenue in fiscal Q4.Higher medical costs, cloud spending and commissions may weigh on Jack Henry's Q4 margins.
Jack Henry & Associates, Inc. (JKHY - Free Report) is scheduled to report fourth-quarter fiscal 2026 results on Aug. 18, after market close.

For the fiscal fourth quarter, the Zacks Consensus Estimate for sales is pegged at $628.3 million, indicating growth of 2.1% from the prior-year quarter’s reported figure.

The consensus mark for earnings is pegged at $1.43 per share, suggesting a decrease of 18.3% from the year-ago quarter’s reported figure.

The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 19.96%.

Let’s see how things are shaping up for this announcement.

Factors Likely to Influence JKHY’s Q4 ResultsJack Henry’s fiscal fourth-quarter results are likely to benefit from growing momentum in services and support categories. The Zacks Consensus Estimate for services and support revenues is pegged at $357.2 million, indicating growth of 1.7% from the year-ago quarter’s reported figure.

Strength across the Core segment due to continued migration from on-premise to private cloud and robust growth in its public cloud offerings is expected to aid the upcoming results. Increasing demand for the Jack Henry Platform, a single public cloud-native platform designed to run the entire financial institution, and the company’s growing technology modernization strategies might have been other positives. The consensus estimate for the Core segment’s revenues is pinned at $194.5 million, indicating a rise of 2.6% from the year-ago reported figure.

Strength across the Payments segment due to robust card transaction solutions and growth in its Enterprise Payment Solutions business is likely to have acted as a tailwind for the company in the quarter under review. Moreover, JKHY’s strong sales across Financial Crimes Defender and continued expansion of faster payments infrastructure, PayCenter, are likely to have driven its Payments segment in the to-be-reported quarter. The consensus mark for Payments revenues is pegged at $234.2 million, implying growth of 2.2% year over year.

The company’s diverse mix of solutions, including Banno, Financial Crimes Defender and Fraud & Risk Management Add-ons, is expected to have driven growth in the Complementary segment during the fiscal fourth quarter. The consensus estimate for Complementary revenues is pegged at $178.4 million, indicating an increase of 1.9% from the year-ago quarter.

However, Management expects slower digital revenue growth in the fourth quarter compared with the previous three quarters because of lower active-user growth, some pressure on card revenues and risk-management revenues, and lower one-time network incentive revenues. Further, higher medical costs, cloud migration infrastructure spending and commissions are also expected to have weighed on the company’s margins during the fourth quarter of fiscal 2026.

What Our Model SaysOur proven model does not conclusively predict an earnings beat for JKHY this season. The combination of a positive Earnings ESP and Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that’s not the case here.

JKHY currently has an Earnings ESP of 0.00% and a Zacks Rank #2. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Stocks to ConsiderHere are some stocks you may want to consider in the broader Zacks Computer and Technology sector, as our model shows that these have the right combination of elements to post an earnings beat:

Analog Devices (ADI - Free Report) has an Earnings ESP of +2.37% and carries a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Analog Devices is slated to report third-quarter fiscal 2026 results on Aug. 19. The Zacks Consensus Estimate for ADI’s third-quarter earnings is pegged at $3.33 per share, up by a penny over the past 30 days, indicating a rise of 62.4% from the year-ago quarter’s reported figure.

OSI Systems (OSIS - Free Report) has an Earnings ESP of +1.86% and carries a Zacks Rank #2 at present.

OSI Systems is set to report fourth-quarter fiscal 2026 results on Aug. 20. The Zacks Consensus Estimate for OSI Systems’ fourth-quarter earnings is pegged at $3.76 per share, up by 2 cents over the past 30 days, indicating a rise of 16.1% from the year-ago quarter’s reported figure.

NVIDIA (NVDA - Free Report) has an Earnings ESP of +0.52% and carries a Zacks Rank #2 at present.

NVIDIA is set to report second-quarter fiscal 2027 results on Aug. 26. The Zacks Consensus Estimate for NVIDIA’s second-quarter earnings is pegged at $2.09 per share, up by 2 cents over the past 60 days, indicating a rise of 99.1% from the year-ago quarter’s reported figure.

 With Google Cloud's agentic defense solutions, Jack Henry bolsters its enterprise security and helps protect community institutions against emerging cyber threats

, /PRNewswire/ -- Jack Henry® (Nasdaq: JKHY) and Google Cloud today announced an expanded collaboration to deliver AI-driven security capabilities for banks and credit unions. Building on their strategic relationship established in 2022, Jack Henry will use Google Cloud's suite of agentic defense products to develop a proprietary AI security platform purpose-built for the financial services ecosystem. This initiative will strengthen cyber resilience for financial institutions and help them defend against emerging threats while improving operational efficiency.

Approximately 7,400 community banks and credit unions across the United States depend on Jack Henry for a wide array of banking, payments, lending, and operational solutions. As modern security threats grow increasingly complex with the rise of adversarial AI, these institutions require leading-edge defense mechanisms layered across their entire technology suite.

Jack Henry's enhanced, security-first platform is explicitly designed to address the strict compliance, regulatory, and security requirements of community financial institutions. By proactively identifying and mitigating emerging, AI-driven cyber threats, its architecture reinforces security across Jack Henry's entire operational environment – spanning Google Cloud, other cloud providers, and on-premises physical infrastructures.

"Combining our financial services expertise with Google Cloud's agentic defense capabilities enables us to help financial institutions proactively strengthen their defense against increasingly sophisticated threats," said Jack Henry President and CEO Greg Adelson. "Security has always been foundational to our platform, and this collaboration extends those capabilities further. By automating the analysis of large volumes of telemetry data, we can identify potential threats earlier and enable faster, coordinated responses before vulnerabilities are exploited."

AI is the top investment priority for financial institutions, according to Jack Henry's Strategy Benchmark survey of bank and credit union CEOs. Institutions are increasingly focused on AI to drive efficiency, improve risk-based decision-making, and enhance client experiences. This trend reinforces the industry's need for practical, secure AI capabilities that deliver value while meeting the requirements of highly regulated environments.

"Agentic AI workflows represent a transformative capability for financial services, but widespread adoption depends on trust," said Francis deSouza, chief operating officer, Google Cloud and president, Security Products. "Jack Henry is combining Google Cloud's agentic defense, Mandiant Consulting's deep cybersecurity expertise, and Gemini Enterprise Agent Platform to deliver secure-by-design AI. This empowers financial institutions to unlock measurable efficiency while strengthening resilience."
In tandem with these security advancements, Jack Henry is leveraging Gemini Enterprise Agent Platform, Google Cloud's AI platform, to develop and deploy a growing set of high-impact operational use cases, enabling its employees and financial services clients to:

Support customer service teams: Leverage AI-assisted tools to improve the speed and consistency of support and issue resolution. Enhance insights and reporting: Utilize advanced analytics to drive more informed, data-driven decision-making. Optimize daily operations: Automate routine administrative tasks, with early adopters reporting time savings of up to 70%. "We are utilizing AI in a bold and balanced way, unlocking its potential while maintaining the strong security, governance, and human oversight required in financial services," said Jack Henry Chief Operating Officer Shanon McLachlan. "We are prioritizing practical, high-impact use cases – from strengthening cyber resilience to automating back-office processes – to enable institutions to operate more efficiently, scale their teams, and continue delivering the high-touch service that sets them apart."

About Jack Henry & Associates, Inc.®

Jack Henry® (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For 50 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,400 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.

About Google Cloud

Google Cloud offers a powerful, optimized AI stack—including AI infrastructure, leading models like Gemini, data management capabilities, multicloud security solutions, developer tools and platform, as well as agents and applications—that enables organizations to transform their business for the Agentic Era. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner.

SOURCE Jack Henry & Associates, Inc.