Track market-moving stories before they get noisy

ATLANTA--(BUSINESS WIRE)--Greenlight® Financial Technology, Inc. (“Greenlight”) announced today that its full family banking integration is now accessible through the Jack HenryTM digital banking platform.Greenlight leveraged the Banno Digital ToolkitTM, the same set of APIs the Banno Digital PlatformTM is built on, to embed its technology into the digital experiences offered by community and regional financial institutions. Access to Jack Henry's API, design, and authenticated frameworks has en.

MONETT, Mo., Oct. 21, 2026 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that it will host a live webcast of its first quarter fiscal 2027 earnings conference call on November 4, 2026.

FIN enables StrategyCorps to integrate with Symitar and Silverlake cores

, /PRNewswire/ -- StrategyCorps, a provider of relationship-based checking modernization and non-interest income solutions, today announced that it has joined the Jack Henry® Fintech Integration Network (FIN). As a FIN member, MonetizeIQ integrates with SilverLake® through jXchange™ and with Symitar® through SymXchange™ enabling Jack Henry customers to deploy fully automated offer, reward and relationship tier intelligence with minimal integration efforts. 

MonetizeIQ turns the data community, and mid-sized banks and credit unions already hold into action. It reads core, loan, and card data to score relationships, analyze profitability, and surface the opportunities worth acting on today, then delivers personalized offers and good-better-best relationship tiers to reward account holders based on the depth of their relationship. Financial institutions compete on relationship depth and grow non-interest income that lasts, without adding a data science team. 

Jack Henry banks and credit unions get MonetizeIQ through the Jack Henry Fintech Integration Network (FIN), the open ecosystem that connects verified fintechs directly to Jack Henry's core platforms. FIN membership means Jack Henry has validated the technical integration, so the connection to the core is proven, rather than a custom build each institution maintains on its own. For Jack Henry's customers, that shortens deployment, removes intermediaries and integration risk, and keeps existing core services running without disruption. MonetizeIQ reads your nightly core, loan, and card feeds, posts pricing, and reward information back, and runs alongside the systems you trust. 

"Joining FIN enables us to deliver relationship intelligence and signal-to-action capabilities to Jack Henry customers with minimal onboarding time," said Herber De Ruijter, Chief Product Officer with StrategyCorps. "Community institutions can now identify and act on key deposit and relationship signals with the speed and precision that profitability requires—reducing the latency between insight and execution." 

Jack Henry's FIN takes the customer out of the middle, providing fintechs with direct access to Jack Henry's technical resources and test systems. FIN inclusion is not an endorsement of the fintech's product. 

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 StrategyCorps 

StrategyCorps helps banks and credit unions modernize retail checking and other deposit products and strategies using technology that drive data-based decisions and implementable action plans. 

Our flagship solutions, CheckingScore® and BaZing®, now together in our MonetizeIQ™ revenue growth platform, provide a payoff of customer and member relationships that deliver deposit growth and non-interest income - an average of $500,000 in new recurring revenue per $1B in assets. 

Trusted by Renasant Bank, OceanAir CU, BankPlus, Meritrust Credit Union, and hundreds of community banks and credit unions nationwide, StrategyCorps delivers top performing retail banking products and strategies that Modernize Products. Energize Relationships. Realize Growth. 

Learn more at https://monetizeiq.ai/ 

Media Contact
Felicia Travaillot
Chief Marketing Officer,
StrategyCorps
[email protected]

SOURCE StrategyCorps

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.86% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Jack Henry (JKHY - Free Report) Monett, MO-based Jack Henry & Associates, Inc. is a financial technology company that provides technology solutions and payment services primarily to community and regional banks and credit unions.

JKHY is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Additionally, the company could be a top pick for growth investors. JKHY has a Growth Style Score of B, forecasting year-over-year earnings growth of 4.7% for the current fiscal year.

For fiscal 2027, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.26 to $7.31 per share. JKHY boasts an average earnings surprise of +17.3%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, JKHY should be on investors' short list.

The company's web hosting and graphic design services honored in 18th annual WebAwards program

, /PRNewswire/ -- Jack Henry® (Nasdaq: JKHY) is pleased to share that 10 financial institutions have received 2026 WebAwards for websites built using Jack Henry web hosting and graphic design services, including the prestigious Best Bank Website award.

Great Southern Bank Community Matters, The First Bank, Cornhusker Bank, First Farm Bank, Wellworth Bank, Vibe Credit Union, Unison Credit Union, Kalsee Credit Union, Memphis City Employees Credit Union, and First Financial Credit Union were recognized for delivering modern, innovative, and user-centric digital experiences for their accountholders. All 10 websites submitted by Jack Henry earned recognition in this year's competition, demonstrating the strength of the company's web design services.

Among this year's honorees, Great Southern Bank's Community Matters website received the competition's highest distinction in the banking category, earning the 2026 Best Bank Website award.

"Our Community Matters site is where we tell the stories of the people and organizations we've been proud to support, so we wanted it to feel as personal as those stories are," said Tim Miano, Digital Marketing Manager at Great Southern Bank. "Jack Henry understood that from the start and helped us build something that's easy to explore and genuinely reflects who we are. We're grateful for the partnership and honored by the recognition."

These awards highlight Jack Henry's commitment to helping financial institutions create exceptional digital experiences to strengthen connections with the communities they serve. Now in its 18th year, the Web Marketing Association's WebAwards program is the longest-running annual website award competition dedicated to setting standards of excellence for website development. Experts from around the world judge sites across 86 industries on criteria such as design, innovation, content, interactivity, copywriting, and ease of use.

The 2026 WebAward winners included:

Best Bank Website

Great Southern Bank Community Matters Outstanding Website Awards

The First Bank Cornhusker Bank Vibe Credit Union Unison Credit Union Standard of Excellence Awards

First Farm Bank Wellworth Bank Kalsee Credit Union Memphis City Employees Credit Union First Financial Credit Union For a full list of winners, please visit WebAward.org. 

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.

FIN enables Hyland to integrate with Jack Henry's SilverLake® and Symitar® Episys® core platforms

, /PRNewswire/ -- Hyland, a global leader in driving enterprise scale content intelligence and automation, today announced that it has joined the Jack Henry Fintech Integration Network (FIN). Participation in the program provides Hyland with access to Jack Henry's technical resources to support its existing integrations with SilverLake and Symitar Episys. The Fintech Integration Network is designed to help ensure that Jack Henry's customers can easily deploy third-party products.

Hyland OnBase, one of the financial services industries most trusted content management platforms, integrates with Jack Henry's connect core banking data and business context platforms to support day-to-day operations. Through jXchange™ for SilverLake and symXchange™ for Symitar Episys — services-based programming interfaces that enable third-party fintechs and financial institutions to securely access core data and business rules — participating institutions can securely connect core information with OnBase, surface relevant documents in the flow of work, and apply content and process automation to improve employee productivity and service experiences. These integrations maintain data integrity by managing access through a service layer that governs all interactions, ensuring consistent and secure data exchange across platforms.

"Our customers don't want another system to manage, they want their existing systems to work better together, and that's exactly what our OnBase integrations with Jack Henry deliver," said Namit Saksena, VP of financial services products at Hyland. "Being part of the Fintech Integration Network strengthens our ability to support that goal, ensuring our joint customers can continue to connect core data, content and workflows in one seamless experience."

Financial institutions are under pressure to modernize operations without disrupting the core systems employees rely on every day. Many manage content across disconnected systems, forcing employees to switch applications, perform repetitive work, and manually locate documents. These gaps can slow down service, increase operational effort, limit a complete view of customer or member information, and create governance blind spots where content sits outside the compliance and audit controls the institution depends on.

Hyland's established Jack Henry integrations help joint customers close that gap, connecting core banking activity with the content and workflows that support lending, member and customer service, operations, and compliance; without introducing another content silo. Rather than creating a separate repository, OnBase serves as a secure content hub that connects information across systems and brings documents and workflow into the context of core banking work, helping employees work more efficiently while continuing to use the familiar Jack Henry applications they rely on today.

Jack Henry's FIN takes the customer out of the middle, providing fintechs with direct access to Jack Henry's technical resources and test systems. FIN inclusion is not an endorsement of the fintech's product.

For more information on Hyland's platform and solutions, please visit Hyland.com.

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.

About Hyland  
Hyland is a leader in content intelligence and automation, empowering organizations to transform enterprise content into governed intelligence that accelerates decision-making and business performance. Trusted by thousands of organizations worldwide, including many of the Fortune 100, Hyland's open platform uses AI to turn content, data, and processes into trusted context that enables people, applications, and agents to automate work across the content-powered agentic enterprise. For more information, visit Hyland.com.

Media contact:
Jason Gerdon
[email protected]

Jack Henry makes list for 18th consecutive year

, /PRNewswire/ -- Jack Henry® (Nasdaq: JKHY) announced today that it has been included in the 2026 IDC FinTech Rankings Top 25. The ranking recognizes technology companies worldwide that provide hardware, software, and services to the financial technology services industry.

Jack Henry ranked 13th on this year's list, marking the 18th consecutive year the company has been included.

"We're honored to be recognized again for delivering innovative technology made possible by our outstanding associates," said Jack Henry President and CEO Greg Adelson. "This inclusion is especially meaningful as we celebrate our 50th anniversary. We remain committed to delivering leading technology that helps banks and credit unions meet the evolving needs of their accountholders and win in the markets they serve."

The Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on revenue generated from financial institutions for hardware, software, and services. These providers supply the technological backbone of the financial services industry, which IDC forecasts will exceed $1.1 trillion in worldwide IT spending by 20291.

"IDC has been producing the IDC FinTech Rankings for 24 years, providing a list of the largest 150 financial technology providers in the world," said Jerry Silva, Program Vice President at IDC. "The companies on this list provide the innovation necessary to keep the financial service industry at the forefront of providing modern digital experiences, technologies, and platforms across all banking, capital markets, and insurance organizations."

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.

1 Source: Worldwide ICT Spending Guide Enterprise and SMB by Industry, July 2026

SOURCE Jack Henry & Associates, Inc.

The nearly 200-year-old mutual bank is investing in technology to support continued growth and modernization. Jack Henry's technology will help Centreville Bank expand its capabilities, strengthen connections with trusted technology partners, and deliver an even better experience for customers and employees.

Jack Henry & Associates, Inc. (JKHY) Analyst/Investor Day September 15, 2026 2:00 PM EDT

Company Participants

Vance Sherard - Vice President of Investor Relations
Gregory Adelson - CEO, President & Director
Keith Fulton - Chief Data Officer
Benjamin Metz - VP and Chief Digital & Technology Officer
Mimi Carsley - CFO & Treasurer

Conference Call Participants

James Faucette - Morgan Stanley, Research Division
David Koning - Robert W. Baird & Co. Incorporated, Research Division
Madison Suhr - Raymond James & Associates, Inc., Research Division
Andrew Schmidt - KeyBanc Capital Markets Inc., Research Division
Bill Carcache - Piper Sandler & Co., Research Division
Darrin Peller - Wolfe Research, LLC
Dominick Gabriele - Loop Capital Markets LLC, Research Division
Jason Kupferberg - Wells Fargo Securities, LLC, Research Division
Brett Huff - Stephens Inc., Research Division
Kartik Mehta - Northcoast Research Partners, LLC
Timothy Chiodo - UBS Investment Bank, Research Division
Cristopher Kennedy - William Blair & Company L.L.C., Research Division
Michael Allen

Presentation

Vance Sherard
Vice President of Investor Relations

So first of all, I'd like to wish everybody a great afternoon, and welcome to Jack Henry's 2026 Investor Day. It's the first one we've had in a couple of years. My name is Vance Sherard. I'm Vice President of Investor Relations. And to those on the webcast and those here in Dallas, we're very glad that you could join us. Greg just asked me a second ago, I think this is a record attendance, so we're glad for that as well.

In addition to the investment community, today, we are joined by several representatives of Jack Henry's Board. I believe they and the management team, many of them are going to stay with us after the presentations are done, for the reception where we're going to do some demos and conversations can continue.

So now I just need to do a little bit of business. So I've

Bank Director's 2026 Technology Survey: Banks Feel Heat From Growing Field of CompetitorsPR Newswire

NASHVILLE, Tenn., Sept. 15, 2026

Bank Director's 2026 Technology Survey examines how bank leaders are thinking about the competition, emerging technologies and strategy.

, /PRNewswire/ -- Bank Director, the leading information resource for directors and officers of financial institutions nationwide, released the results of its 2026 Technology Survey, sponsored by financial technology provider Jack Henry & Associates. The findings reveal how today's bank leaders think about competitive dynamics, artificial intelligence, digital assets and technology adoption.

Community bank leaders now view fintech firms as a greater competitive threat than national and superregional banks. In the survey, 58% cite fintech firms such as Block and PayPal as a top competitive threat – second only to local banks/credit unions (61%) and outpacing big banks (48%). Forty percent share concerns about neobanks such as Chime. This is the first time survey respondents have cited fintechs as a greater competitive threat than big national banks.

That shift may reflect a regulatory landscape favoring greater competition. More fintechs have sought bank charters – PayPal and Affirm Holdings applied for ILCs in 2025, and more than a dozen firms applied for national trust bank charters with the OCC, including Coinbase and Circle.

"Bank leaders are feeling the pressures of a growing field of competitors, particularly payments-focused fintechs and neobanks," says Emily McCormick, vice president of editorial & research at Bank Director. "Further, almost a third perceive that their payments offering is insufficient to meet customer needs, which points to a widening competitive gap."

In the survey, 16% point to crypto/stablecoin platforms as a top threat. The GENIUS Act (July 2025) laid out a framework for payment stablecoins, but final rules haven't been released. Just 10% say their institutions have a stablecoin strategy; 7% have one for tokenized deposits.

"No matter when final stablecoin rules are issued, GENIUS requires those rules go into effect in January 2027," says Lee Wetherington, senior director of corporate strategy with Jack Henry. "In the interim, institutions must ensure their core infrastructure bridges fiat and on-chain monetary networks and can support the tokenized money use cases that gain traction and scale in the years ahead."

Of potentially greater concern: 70% say their bank has no strategy to reach younger accountholders, especially Gen Z, the cohort shaping the future of financial services.

"Banks are finally recognizing the fintech threat, yet they don't have formal strategies for Gen Z," says Jennifer Geis, senior strategic advisor for research and payments with Jack Henry. "They're ignoring the very demographic fintechs have targeted to disrupt generational continuity, drive unprecedented deposit attrition and capture a significant share of small-business banking."

Full survey results are now available online at BankDirector.com.

Additional Key Findings

Efficiency Over Growth
Seventy-six percent see technology as primarily an engine for improving efficiency; 24% view it as a means of generating growth.

Getting Educated On AI
Eighty-eight percent drafted an AI acceptable use policy; 74% educate employees about AI-enabled fraud (up from 66% and 54%).

Gauging AI Usage
Seventy-two percent implemented generative AI (operations, marketing, compliance). Thirty percent use agentic AI. Almost a quarter use neither.

Integration Challenges
Sixty-nine percent cite integrating new tech with existing systems as a top concern when it comes to their bank's own technology use. Among banks with a failed tech project, more than half pointed to integration challenges as the culprit.

Prioritizing Payments
Eighty-two percent offer P2P payments (+9 pts). Fifty-eight percent offer mobile payment acceptance; 49% offer real-time payments to SMB clients (+10 pts).

Most Not Sold on Crypto
Majorities believe cryptocurrency (79%) and stablecoin (63%) have been overhyped; 43% say the same of tokenized deposits. Just 15% believe generative AI is overhyped.

About Bank Director
Bank Director reaches the leaders of the institutions that comprise America's banking industry. Since 1991, Bank Director has provided board-level research, peer-insights and in-depth executive and board services. Built for banks, Bank Director extends into and beyond the boardroom by providing timely and relevant information through Bank Director magazine, board training services and the financial industry's premier event, Acquire or Be Acquired. For more information, please visit BankDirector.com.

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.

For more information, please contact Bank Director's Marketing Associate, Emma McMillan-Zapf, at [email protected].

View original content:https://www.prnewswire.com/news-releases/bank-directors-2026-technology-survey-banks-feel-heat-from-growing-field-of-competitors-302879103.html

SOURCE Bank Director

California State Teachers Retirement System grew its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY – Free Report) by 6,596.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,513,411 shares of the technology company’s stock after acquiring an additional 11,341,486 shares during the quarter. California State Teachers Retirement System owned about 16.20% of Jack Henry & Associates worth $1,585,857,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in JKHY. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Jack Henry & Associates by 6,728.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 621,546 shares of the technology company’s stock valued at $113,420,000 after purchasing an additional 612,444 shares during the last quarter. Dai ichi Life Insurance Company Ltd grew its stake in Jack Henry & Associates by 231.1% during the 1st quarter. Dai ichi Life Insurance Company Ltd now owns 21,102 shares of the technology company’s stock worth $3,335,000 after buying an additional 14,728 shares during the last quarter. Swedbank AB grew its stake in Jack Henry & Associates by 230.2% during the 4th quarter. Swedbank AB now owns 143,787 shares of the technology company’s stock worth $26,238,000 after buying an additional 100,239 shares during the last quarter. Amica Mutual Insurance Co. increased its position in Jack Henry & Associates by 60.4% during the 4th quarter. Amica Mutual Insurance Co. now owns 48,570 shares of the technology company’s stock valued at $8,863,000 after buying an additional 18,283 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in Jack Henry & Associates during the 1st quarter valued at about $3,569,000. 98.75% of the stock is owned by institutional investors.

Analyst Ratings Changes A number of research firms have commented on JKHY. Weiss Ratings upgraded Jack Henry & Associates from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 20th. Royal Bank Of Canada upped their price objective on shares of Jack Henry & Associates from $173.00 to $178.00 and gave the company an “outperform” rating in a report on Thursday, August 20th. Wolfe Research increased their price objective on shares of Jack Henry & Associates from $200.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. DA Davidson reaffirmed a “buy” rating and issued a $198.00 price objective on shares of Jack Henry & Associates in a research report on Wednesday, September 2nd. Finally, Stephens reiterated an “overweight” rating and issued a $200.00 target price on shares of Jack Henry & Associates in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.00.

Read Our Latest Stock Analysis on Jack Henry & Associates Jack Henry & Associates Stock Down 0.2% JKHY stock opened at $161.12 on Friday. Jack Henry & Associates, Inc. has a 12 month low of $121.04 and a 12 month high of $193.39. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.02. The company has a market cap of $11.30 billion, a price-to-earnings ratio of 23.12, a PEG ratio of 1.83 and a beta of 0.56. The firm has a 50-day moving average of $157.31 and a two-hundred day moving average of $151.24.

Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last released its quarterly earnings data on Tuesday, August 18th. The technology company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.13. Jack Henry & Associates had a return on equity of 23.49% and a net margin of 19.76%.The company had revenue of $633.10 million for the quarter, compared to analyst estimates of $631.60 million. During the same quarter in the previous year, the company posted $1.75 earnings per share. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS. As a group, analysts forecast that Jack Henry & Associates, Inc. will post 7.36 earnings per share for the current fiscal year.

Jack Henry & Associates Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Monday, September 7th will be given a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, September 4th. Jack Henry & Associates’s dividend payout ratio is presently 35.01%.

Jack Henry & Associates Company Profile (Free Report)

Jack Henry & Associates, Inc is a financial technology company that provides software and technology services to banks, credit unions and other financial institutions. Its solutions are designed to support core processing, digital banking, payments, lending, risk management and operational workflows.

The company’s products include core banking platforms, online and mobile banking tools, payment processing services, electronic bill pay, loan origination and document management solutions, fraud prevention tools, and technology that helps financial institutions connect with third-party applications.

Featured Articles Five stocks we like better than Jack Henry & Associates Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model Kroger’s Textbook Entry for Buy-and-Hold Investors AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window Amgen Drops 10% on a Trial It Didn’t Even Run

Receive News & Ratings for Jack Henry & Associates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jack Henry & Associates and related companies with MarketBeat.com's FREE daily email newsletter.

Jack Henry & Associates, Inc. (JKHY) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

Picture a community bank in the heart of the Midwest. It needs to process a local mortgage, manage a depositor's payroll, and secure those transactions against an evolving landscape of digital fraud. It doesn't build its own software to handle this burden. Instead, it pays Jack Henry & Associates (JKHY -0.56%) to run the technology behind the scenes.

Based in Monett, Missouri, Jack Henry & Associates provides the essential core banking and payment processing platforms that keep thousands of small and regional financial institutions moving. As of Sept. 8, the stock trades at $159.8, maintaining a steady, low-volatility profile that has delivered a 6% return over the past year.

Our proprietary Hidden Gems scoring system assigns Jack Henry & Associates an overall Superscore of 78 out of 100, placing it in the Strong category. The Superscore is an AI-powered score that evaluates a company's overall strength by combining financial performance, product market position, technological capabilities, leadership quality, and relative valuation. It represents the unification of all our scores into a single score for public companies, with five rating bands: Exceptional (90-100), Strong (75-89), Above Average (60-74), Average (40-59), and Cautious (0-39). This score places the company in the Top ~13% of all companies we score, or ahead of roughly 87 out of every 100 companies in our database. The Superscore is a useful data signal worth investigating, and the analysis below pairs its strengths with its constraints so you can decide if the business fits your own goals.

Image source: Getty Images.

Why JKHY Has a 78 SuperscoreDominant market reach: It serves over 7,200 financial institutions, securing a durable position as a mission-critical partner that is rarely swapped out once a workflow is established.Proven revenue visibility: It reported remaining performance obligations of $8.44 billion as of June 30, 2026, providing a multi-year cushion of recurring revenue that persists through economic cycles.Rapid payment growth: The company's faster-payments revenue surged 50% in fiscal 2026, proving that its strategy to lead in modern, real-time financial services is gaining significant client traction.Disciplined capital stewardship: Management maintains a rigorous focus on returns, exemplified by a 23% return on invested capital and a track record of returning excess cash to shareholders through buybacks and dividends.Strong sales momentum: It secured a record 58 competitive core wins during fiscal 2026, confirming that its transition to a cloud-native platform is successfully attracting new business from incumbents.Why Is JKHY's Superscore Not Higher?Stretched valuation multiples: The stock trades at a trailing P/E of 22.7, a valuation that leaves little margin for error if its moderate growth trajectory faces any sudden cooling.Crowded competitive landscape: It faces persistent threats from agile fintech start-ups and specialized risk vendors that are increasingly chipping away at modular segments of its product ecosystem.Margin pressure: Rising personnel and infrastructure costs caused gross margins to dip to 42% in fiscal 2026, signaling that maintaining its moat requires higher spending than in previous years.Limited AI differentiation: It functions primarily as a steward of client data rather than an owner, limiting its ability to derive proprietary, agentic value that could disrupt its own legacy-heavy business model.Jack Henry is a highly capital-efficient business, earning outsize profits on a small base of hard tangible assets. This efficiency allows the company to turn each point of revenue growth into durable returns, which helps explain why the market often assigns a premium to the stock despite the risks. While this operating leverage is a core strength, the elevated valuation multiple remains a risk that only partially offsets the company's operational discipline.

Table 1: Hidden Gems Database Scores for Jack Henry & Associates (JKHY)ScoreScore (out of 100)RankSupporting Data PointProduct (1Y)81Top ~18%Strong innovation momentum with R&D spending up 8%.Product (5Y)74Top ~24%Consistent transition to cloud-native platforms over five years.Financial (1Y)81Top ~11%Exceptional financial health with 19% operating cash flow growth.Financial (5Y)75Top ~15%Reliable 6.5% revenue CAGR from 2022 to 2026.Leaders68Top ~49%Highly data-driven roadmap centered on the Jack Henry Platform.AI22Bottom ~25%Limited proprietary data restricts potential for independent AI-driven value.Valuation Risk64Top ~30%Trades at a trailing P/E of 23x, reflecting steady organic growth.Is JKHY Right For Your Portfolio?This stock warrants a closer look if...

You are looking for reliable compounders among the best small-cap tech stocks that prioritize long-term recurring revenue over hyper-growth.You value companies with high client retention rates that operate as the essential, invisible infrastructure of the financial system.You may want to keep researching before buying if...

You are sensitive to valuation risk and worry that a trailing P/E of 23 might overprice the company's moderate, steady growth expectations.You prefer companies that own proprietary data sets and are aggressively positioning themselves as leaders in the agentic AI economy.The Superscore is just one input to your research; please weigh this data against your own financial goals and risk tolerance before making any investment decision.

Premium Feature

Moneyball Superscore

78/100

Today's Change

(

-0.56

%) $

-0.90

Current Price

$

158.93

My 5-year prediction for JKHY stockJack Henry is a high-quality, relatively defensive compounder. While the fintech space has witnessed the proliferation of artificial intelligence (AI), it may seem counterintuitive that Jack Henry & Associates has stood the test of time and continues to grow. In fact, don't let the low AI score of 22 fool you.

Most AI applications in the banking space are usually customer-facing. For example, opening an account, getting a loan, and resolving fee-related problems are all increasingly handled by AI chatbots. However, beneath this layer lies the core banking software that maintains ledgers, authenticates transactions, moves money, and manages compliance. That's the platform Jack Henrey provides, and AI can't easily replace it.

Additionally, by partnering with Alphabet's (GOOG -1.95%)(GOOGL -2.15%) Google Cloud, management is modernizing its systems with a cloud-based platform that enables more seamless integration for banks and third-party fintechs.

Essentially, Jack Henry's business model is "boring" but potentially powerful. As complexities in the fintech and banking space increase, its platforms remain the trusted integration layer, as witnessed by the record 58 new sales deals in fiscal 2026. I would expect earnings growth to accelerate.

During last month's earnings call, management stated that most deals in fiscal 2026 stemmed from a "competitive takeaways“ strategy that relies on directly taking over market share, assets, or customers from existing competitors. This is in contrast to the traditional growth route that involves deals with brand-new entities, branches, or digital footprint from scratch. The new playbook seems to have just begun with a significant runway for growth.

At nearly 23 times trailing 12-month earnings, the stock may seem richly valued, but it's far cheaper than what it traded for five years ago. So the current valuation may be an anomaly, as the average trailing P/E ratio over the last five years is 31.8.

JKHY PE Ratio data by YCharts.

Even if the market assigns a reasonable valuation of 27 times 2031 earnings, using the current annual earnings growth rate of 7%-8% should still reflect a 70% upside from today's stock price levels. 

The Hidden Gems Superscore reflects The Motley Fool's proprietary AI-driven evaluation of a company across product, financial, leadership, and valuation pillars as of the article date and may change over time. Performance figures are point-in-time. Past performance does not guarantee future results.

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® (Nasdaq: JKHY) announced today that it will be participating in an upcoming conference.

President & CEO Greg Adelson will present at the Goldman Sachs Communacopia + Technology Conference 2026 on September 9th. The presentation takes place at 4:05 p.m. ET. A live webcast of the presentation will be accessible here.

Replays will be available on ir.jackhenry.com following the live presentation.

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.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Jack Henry (JKHY - Free Report) Monett, MO-based Jack Henry & Associates, Inc. is a financial technology company that provides technology solutions and payment services primarily to community and regional banks and credit unions.

JKHY is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Computer and Technology stock. JKHY has a Momentum Style Score of A, and shares are up 11.5% over the past four weeks.

For fiscal 2027, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.12 to $7.24 per share. JKHY boasts an average earnings surprise of +17.3%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, JKHY should be on investors' short list.

, /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced the appointment of Richard N. Preece to its Board of Directors, effective August 20, 2026. Preece joins the Board's Human Capital & Compensation and Risk & Compliance committees.

Preece, 51, currently serves as Chief Executive Officer of Liminex, Inc., doing business as GoGuardian, the leader in education technology supporting more than 25 million students and 10,000 schools nationwide. Prior to joining GoGuardian in 2024, Preece was Chief Operating Officer at LegalZoom.com, Inc. from 2019 to 2024. He also held various management and leadership positions at Intuit Inc. from 2002 to 2019, including serving as U.S. General Manager for QuickBooks.

"We are very excited to welcome Rich to our Board of Directors," said Board Chair Matt Flanigan. "Rich is an outstanding leader who brings extensive, practical experience driving business innovation and product development in financial services, along with a deep understanding of operations, risk management, and strategic priorities for technology companies."

Jack Henry also announced that director Wes Brown will not stand for reelection at the Company's November annual meeting in keeping with the Company's retirement age policy. Brown, President of Bent St. Vrain & Company, LLC, a Denver-based bank consulting firm, has served on the Board since 2015 in addition to a prior term from 2005 to 2014.

"On behalf of the Board, I want to thank Wes for his tremendous service over these past many years," Flanigan said. "Jack Henry has benefited immensely from Wes' extensive expertise in many areas including finance, compliance, and banking, as well as his specialized insights into mergers and acquisitions. His legacy of Board service for Jack Henry will be a long and lasting one."

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.

Jack Henry & Associates (NASDAQ:JKHY) reported better-than-expected fourth-quarter financial results and issued FY27 GAAP EPS guidance above estimates, after the closing bell on Tuesday.

Jack Henry & Associates posted quarterly earnings of $1.57 per share, beating market estimates of $1.46 per share. The company’s sales came in at $644.023 million, versus estimates of $630.835 million.

Jack Henry & Associates said it sees FY2027 GAAP EPS of $7.33-$7.38, versus market estimates of $7.26. The company sees adjusted sales of $2.659 billion-$2.684 billion, versus expectations of $2.678 billion.

Greg Adelson, President and CEO said, “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.”

Jack Henry shares gained 1.8% to trade at $165.97 on Thursday.

These analysts made changes to their price targets on Jack Henry following earnings announcement.

RBC Capital analyst Daniel R. Perlin maintained the stock with an Outperform rating and raised the price target from $173 to $178. Barclays analyst Nik Cremo maintained the stock with an Overweight rating and raised the price target from $170 to $185. UBS analyst Timothy Chiodo maintained the stock with a Neutral and raised the price target from $165 to $170. Latest Private Market Opportunities

Join 400,000+ Investors

Considering buying JKHY stock? Here’s what analysts think:

Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

Jack Henry's core, digital, payments, and financial crimes solutions will help improve employee and customer experience. Open ecosystem encourages future fintech relationships and facilitates growth. Continuous AI innovation across Jack Henry solutions will support long-term modernization. , /PRNewswire/ -- Jack Henry® (Nasdaq: JKHY) announced today that Prevail Bank has selected Jack Henry to help grow its business through modern technology, an open ecosystem, and continuous AI innovation.

Medford, Wisconsin-based Prevail Bank serves communities across central and northern Wisconsin. As a mutual bank, Prevail Bank reinvests in its employees, customers, and communities while expanding its commercial and small business banking throughout existing markets. The bank is also focused on growing deposits, improving efficiency, and competing more effectively with larger banks and fintechs.

To support these goals, Prevail Bank selected Jack Henry's core processing platform and a range of integrated solutions:

The Banno Digital Platform™ will provide a modern digital banking experience, including secure and authenticated customer communications through Banno Conversations™.  Tap2Local™ will help small business clients accept digital payments while supporting the bank's deposit growth strategy. Enterprise Workflow will automate manual processes to improve operational efficiency. Jack Henry Financial Crimes Defender™ will strengthen fraud detection and help ensure BSA compliance. In addition, Jack Henry's open ecosystem offers the flexibility to integrate with more than 1,000 third-party fintechs. "We need a technology provider with a proven track record of delivering on its commitments, and the experience to support our growth goals," said Nathan Quinnell, President of Prevail Bank. "Jack Henry's open ecosystem gives us the flexibility to build third-party partnerships and deliver capabilities we simply didn't have before. The company's high standards of service and shared values made it a natural fit for us."

Jack Henry's AI strategy played an important role in Prevail Bank's decision. For example, Defender recently announced AI-assisted drafting of Suspicious Activity Report (SAR) narratives; this saves at least one hour per suspicious activity investigation, allowing fraud investigators to dig deeper and spend more time stopping fraudsters.

"As we build out our AI strategy, it was important to choose a provider that's already embedding AI across its platform," Quinnell added. "Jack Henry's pace of AI innovation gives us confidence it will improve productivity and our efficiency ratio today while creating opportunities for the future, whether that's streamlining lending, accelerating processes, enhancing customer notifications, or delivering an even better customer experience."

"Prevail Bank has a clear vision for the future of banking in its community, combining relationship-driven service with a strong focus on innovation and operational excellence," said Jonathan Baltzell, President of Bank Solutions at Jack Henry. "We're excited to support that vision with the open technology, continuous innovation, and modern capabilities their employees and customers deserve."

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.

Key Takeaways Jack Henry beat Q4 estimates as revenues rose 4.7%, supported by processing and cloud-related growth.Processing revenues climbed 7.5%, with faster payments up 47% and digital transactions rising 8.6%.Fiscal 2027 guidance calls for 5.5%-6.5% GAAP revenue growth and EPS of $7.33-$7.38. Jack Henry & Associates, Inc. (JKHY - Free Report) delivered better-than-expected fourth-quarter fiscal 2026 results. The company reported earnings of $1.71 per share for the fourth quarter, surpassing the Zacks Consensus Estimate by 9.%. However, the bottom line declined 10.2% year over year.

Revenues rose 4.7% year over year to $644 million, beating the consensus mark by 2.3%. After adjusting for deconversion revenues of $9.3 million and revenues from the acquisition of $1.6 million, non-GAAP revenues were $633.1 million, up 6.6% year over year.

Growth in processing, cloud-related data processing and hosting, digital transactions and faster payments supported the top line. Management also highlighted a record 58 competitive core wins for fiscal 2026. Among fiscal 2026's competitive core wins, 14 institutions had more than $1 billion in assets. Management also pointed to a robust sales pipeline as technology spending remains strong. CFO Mimi Carsley highlighted a 23.2% return on invested capital for the full year.

Jack Henry & Associates surpassed the Zacks Consensus Estimate for earnings in each of the preceding four quarters, the average surprise being 17.3%.

JKHY’s Revenue Gains Are Broad-Based Across SegmentsServices and Support revenues rose 2.5% year over year to $360.2 million. Growth was driven mainly by data processing and hosting within private and public cloud, which increased 7.4%, along with a 27.3% rise in license and hardware revenues and a 38.6% increase in education, royalty and other revenues.

Processing revenues advanced 7.5% to $283.8 million. Card revenues grew 5.4%, Jack Henry digital and transaction revenues increased 8.6%, and faster payments revenues jumped 47%.

Segment-wise, Core division’s revenues climbed 1.9% year over year to $191.6 million. Payments revenues rose 4.9% to $240.4 million, while Complementary revenues advanced 4.7% to $188.8 million. Corporate Services revenues increased 30.4% to $23.2 million.

JKHY's Increased Costs Pressure Quarterly MarginsGAAP operating income declined 12.2% year over year to $136.8 million, while the operating margin contracted to 21.2% from 25.3% in the year-ago quarter. Fourth-quarter non-GAAP adjusted operating income came in at $133.3 million, down 7.3% from the year-ago period. Non-GAAP adjusted operating margin contracted 210 basis points to 21.1% in the fourth quarter.

Higher personnel costs, including compensation, medical costs and benefits tied partly to headcount growth, pressured profitability. Selling, general & administrative expenses surged 19.2% year over year, while research & development costs jumped 17%.

Jack Henry’s Balance SheetAs of June 30, 2026, JKHY’s cash and cash equivalents were $12.1 million compared with $21 million as of March 31, 2026. Debt stood at $40 million at the end of the fourth quarter.

In fiscal 2026, Jack Henry & Associates generated an operating cash flow of $762 million and free cash flow of $539.3 million. JKHY repurchased $164 million of stock during the fourth quarter and $448 million in full fiscal 2026. It paid $170.4 million in dividends during fiscal 2026.

JKHY Issues Fiscal 2027 Growth OutlookFor fiscal 2027, Jack Henry expects GAAP revenues of $2.684-$2.709 billion, calling for growth of 5.5-6.5%. Non-GAAP adjusted revenues are projected at $2.659-$2.684 billion, implying growth of 6.3-7.3%. The outlook assumes $23 million of deconversion revenues and $2 million of acquisition revenues.

GAAP operating margin is expected between 24.5% and 24.7%, while the adjusted operating margin is forecast at 24.1-24.3%. Management projects GAAP earnings of $7.33-$7.38 per share, suggesting year-over-year growth of 5-5.7%.

JKHY’s Zacks Rank and Stocks to ConsiderCurrently, Jack Henry carries a Zacks Rank #3 (Hold).

Some better-ranked stocks worth considering in the broader Zacks Computer and Technology sector are Micron Technology (MU - Free Report) , Lam Research (LRCX - Free Report) and NVIDIA (NVDA - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for Micron’s fiscal 2026 earnings has been revised upward by a penny to $73.86 per share in the past 30 days, suggesting an increase of 791% from fiscal 2025’s reported figure. Micron shares have surged 228.8% year to date (YTD).

The Zacks Consensus Estimate for Lam Research’s fiscal 2027 earnings has moved northward by 17.8% to $9.32 per share over the past 30 days and calls for a year-over-year jump of 60.4%. Lam Research shares have soared 91.1% YTD.

The Zacks Consensus Estimate for NVIDIA’s fiscal 2027 earnings has moved upward by 13 cents to $9.09 per share in the past 60 days, implying a year-over-year improvement of approximately 90.6%. NVIDIA shares have risen 17.7% YTD.

MarketBeat Week in Review – 04/20 - 04/24Jack Henry & Associates NASDAQ: JKHY reported record fourth-quarter and fiscal 2026 results, citing revenue growth, expanding operating margins, a record number of competitive core wins and increasing adoption of its cloud, digital banking and payments offerings.

President and CEO Greg Adelson said fourth-quarter non-GAAP revenue totaled $633 million, up 7% from the prior-year period and above the company’s implied quarterly guidance. Non-GAAP operating margin was 21% in the quarter.

Get JKHY alerts:

The Quiet Infrastructure Play on Small-Bank SurvivalFor the full fiscal year, non-GAAP revenue reached $2.5 billion, also up 7%, while non-GAAP operating margin expanded 92 basis points to 24%. Adelson said this marked the company’s third consecutive year of operating-margin expansion of at least 60 basis points.

Record Core Sales and Larger Client Wins Jack Henry recorded 58 competitive core wins during fiscal 2026, compared with 51 in the prior year and above its previous record of 57 wins. Only six of the wins were de novo institutions, according to Adelson, with the remainder representing competitive takeaways.

3 "Tollbooth" Stocks With Hidden Monopolies in Their IndustriesFourteen of the 58 wins came from financial institutions with more than $1 billion in assets. Over the past three fiscal years, the company has won 45 core contracts with institutions above that threshold, representing roughly $98 billion in total assets. That compares with 15 institutions representing $26 billion in assets across fiscal 2022 and fiscal 2023, when the company began emphasizing its upmarket strategy.

During the fourth quarter, Jack Henry signed Woodforest National Bank, which has $9.2 billion in assets, as its largest new bank client in company history. The deal was among 15 competitive core wins during the quarter.

The company also reported greater success selling bundled “trifecta” deals that include core, digital banking and card services. Adelson said 59% of fiscal 2026 core wins included all three offerings, up from 39% of core wins in the prior year.

In response to analyst questions, Adelson said the company had already exceeded its first-quarter core-win pace from the prior year during the first month of fiscal 2027. Jack Henry expects to secure between 58 and 65 core wins in fiscal 2027, though it sees fewer credit-union request-for-proposal opportunities available than in the previous two years.

Cloud, Payments and Digital Adoption Chief Financial Officer and Treasurer Mimi Carsley said cloud revenue increased 7% in the fourth quarter and represented 32% of total revenue. Processing revenue, which accounted for 44% of total revenue, increased 7% on both a GAAP and non-GAAP basis, supported by card, digital, transaction and faster-payments revenue.

Recurring revenue represented 91% of total quarterly revenue. Services and support revenue increased 3% on a GAAP basis and 6% on a non-GAAP basis, while the company continued to see growth in private- and public-cloud hosting and data processing.

Jack Henry said 79% of core clients now operate in its private cloud. The company signed 36 contracts during the year to move clients from on-premise deployments to the private cloud, including 15 institutions with more than $1 billion in assets.

Faster-payments activity continued to rise. Adoption among Jack Henry clients grew 25% for Zelle, 24% for RTP and 29% for FedNow over the past year. Transaction volume across those channels increased 45% year over year in the fourth quarter.

The company signed 65 debit and credit card deals during fiscal 2026, up from 63 a year earlier. It also reported growing adoption of newer offerings:

Tap to Local, its small-business merchant-payment service, has been added by more than 900 banks and credit unions after more than 200 additions since the prior earnings call. Rapid Transfers is live at more than 140 banks and credit unions, with another 150 in implementation or onboarding. Banno Digital Platform signings totaled 219 for the year, up 24%, and the platform served more than 15.8 million registered users, up 11%. Treasury-management contract wins rose 25% to 45 for the year. AI, Cybersecurity and Platform Strategy Adelson said Jack Henry has 22 AI-enabled products in the market and has identified more than 20 additional AI capabilities targeted for release during the next six months. The company is using AI in its Financial Crimes Defender platform to draft summaries for Suspicious Activity Reports, an application it said can reduce drafting time by 75% to 85% while keeping investigators in control of the review process.

Other uses include translation in Banno Conversations and automated client relationship summaries in the Synapsys CRM product. Internally, the company has approved more than 100 AI tools, documented more than 890 use cases and deployed more than 50 AI agents through its internally developed platform.

Jack Henry also expanded its collaboration with Google Cloud to develop AI-driven security capabilities and joined Anthropic’s Project Glasswing cybersecurity initiative. Adelson said the company expects its Gladiator security solution set to benefit from heightened interest among financial institutions in protecting against risks associated with frontier AI models.

The company plans to integrate Open USD, a stablecoin initiative backed by financial companies including BlackRock, Mastercard and Visa, when it launches later this year. Jack Henry is also beta testing send-and-receive USDC capabilities.

Adelson said the company’s public cloud-native Jack Henry Platform remains central to its strategy, connecting its core systems to newer services. The platform includes about 25 core-related modules, and the company has a deposit-only core solution in closed beta testing. Management said it expects to provide further platform updates at its Sept. 15 Investor Day in Dallas.

Fiscal 2027 Outlook For fiscal 2027, Jack Henry forecast GAAP revenue growth of 5.5% to 6.5% and non-GAAP revenue growth of 6.3% to 7.3%. The company expects non-GAAP operating margin to expand by 20 to 40 basis points.

Carsley said the outlook incorporates higher self-insured medical costs, cybersecurity and infrastructure investments tied to AI and frontier models, and the company’s data center consolidation initiative, Project EC 2030. She said the company is cautiously optimistic that it could raise its margin-expansion outlook as the year progresses.

The company expects first-quarter non-GAAP revenue growth to fall modestly below the low end of its full-year range, primarily because its Jack Henry Connect client conference will occur in the fiscal second quarter rather than the first quarter. The event typically produces about $6 million in revenue and approximately $10 million in expense, Carsley said.

Jack Henry projected fiscal 2027 GAAP earnings per share of $7.33 to $7.38, representing growth of 5% to 6%, and forecast free-cash-flow conversion of 85% to 100%. The company’s initial deconversion-revenue assumption is $23 million for the year.

About Jack Henry & Associates (NASDAQ:JKHY)Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.

The company's core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Should You Invest $1,000 in Jack Henry & Associates Right Now?Before you consider Jack Henry & Associates, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jack Henry & Associates wasn't on the list.

While Jack Henry & Associates currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report

Jack Henry (JKHY - Free Report) reported $644.02 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 4.7%. EPS of $1.57 for the same period compares to $1.75 a year ago.

The reported revenue represents a surprise of +2.31% over the Zacks Consensus Estimate of $629.46 million. With the consensus EPS estimate being $1.44, the EPS surprise was +9.03%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Jack Henry performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue- Core: $191.61 million versus $194.56 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +1% change.Revenue- Corporate & Other: $23.19 million versus $21.28 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +9.4% change.Revenue- Complementary: $188.8 million compared to the $178.35 million average estimate based on four analysts. The reported number represents a change of +7.8% year over year.Revenue- Payments: $240.42 million versus the four-analyst average estimate of $234.2 million. The reported number represents a year-over-year change of +4.9%.Segment Income- Core: $115.86 million compared to the $121.33 million average estimate based on two analysts.Segment Income- Corporate & Other: $-76.98 million versus $-71.09 million estimated by two analysts on average.Segment Income- Complementary: $115.79 million versus $105.3 million estimated by two analysts on average.Segment Income- Payments: $119.19 million versus $111.92 million estimated by two analysts on average.View all Key Company Metrics for Jack Henry here>>>

Shares of Jack Henry have returned -2.2% over the past month versus the Zacks S&P 500 composite's +4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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.

Jack Henry & Associates, Inc. (NASDAQ:JKHY) will release its fourth quarter earnings report after the closing bell on Tuesday, Aug. 18.

Analysts expect the Monett, Missouri-based company to report quarterly earnings of $1.44 per share, down from $1.56 per share in the year-ago period. The consensus estimate for Jack Henry’s quarterly revenue is $631.44 million. It reported $615.37 million last year, according to Benzinga Pro.

On Aug. 11, Jack Henry & Associates reported fourth-quarter deconversion revenue of $9.3 million.

Shares of Jack Henry fell 2.2% to close at $149.87 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

Stephens & Co. analyst Brett Huff reinstated an Overweight rating with a price target of $200 on Aug. 11, 2026. This analyst has an accuracy rate of 63%. RBC Capital analyst Daniel R. Perlin maintained an Outperform rating and cut the price target from $180 to $173 on June 18, 2026. This analyst has an accuracy rate of 54%. DA Davidson analyst Peter Heckmann maintained a Buy rating with a price target of $198 on May 13, 2026. This analyst has an accuracy rate of 68%. Goldman Sachs analyst Will Nance maintained a Neutral rating and cut the price target from $181 to $160 on May 7, 2026. This analyst has an accuracy rate of 59%. Loop Capital analyst Dominick Gabriele initiated coverage on the stock with a Buy rating and a price target of $197 on March 31, 2026. This analyst has an accuracy rate of 63%. Latest Private Market Opportunities

Join 400,000+ Investors

Considering buying JKHY stock? Here’s what analysts think:

Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Jack Henry (JKHY - Free Report) , which belongs to the Zacks Computers - IT Services industry, could be a great candidate to consider.

When looking at the last two reports, this payment processsing company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 19.93%, on average, in the last two quarters.

For the most recent quarter, Jack Henry was expected to post earnings of $1.43 per share, but it reported $1.71 per share instead, representing a surprise of 19.58%. For the previous quarter, the consensus estimate was $1.43 per share, while it actually produced $1.72 per share, a surprise of 20.28%.

Price and EPS Surprise

For Jack Henry, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Jack Henry has an Earnings ESP of +2.78% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on August 18, 2026.

With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.