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JKHY

Jack Henry & Associates, Inc.

JKHY

Jack Henry & Associates, Inc. • NASDAQ
$174.48 ▲ 0.32% (+0.56)
Market Cap $12.71 B
52w High $196.00
52w Low $144.12
Dividend Yield 2.29%
P/E 26.52
Volume 325.12K
Outstanding Shares 72.84M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $644.738M ▲ $112.107M ▼ $143.986M ▲ 22.332% ▲ $1.97 ▲ $243.096M ▲
Q4-2025 $615.372M ▲ $115.795M ▲ $127.604M ▲ 20.736% ▲ $1.75 ▲ $213.541M ▲
Q3-2025 $585.087M ▲ $105.761M ▼ $111.108M ▲ 18.99% ▲ $1.53 ▲ $195.652M ▲
Q2-2025 $573.848M ▼ $117.996M ▲ $97.845M ▼ 17.051% ▼ $1.34 ▼ $181.915M ▼
Q1-2025 $600.982M $106.274M $119.191M 19.833% $1.63 $210.117M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $36.239M ▼ $3.048B ▲ $874.238M ▼ $2.173B ▲
Q4-2025 $101.953M ▲ $3.044B ▲ $913.138M ▲ $2.131B ▲
Q3-2025 $39.87M ▲ $2.932B ▲ $895.587M ▼ $2.036B ▲
Q2-2025 $25.653M ▼ $2.912B ▼ $936.205M ▼ $1.976B ▲
Q1-2025 $43.212M $2.929B $1.003B $1.925B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $143.986M ▲ $120.59M ▼ $-98.503M ▼ $-87.801M ▲ $-65.714M ▼ $111.71M ▼
Q4-2025 $127.604M ▲ $327.112M ▲ $-55.846M ▲ $-209.183M ▼ $62.083M ▲ $314.94M ▲
Q3-2025 $111.108M ▲ $107.849M ▲ $-56.517M ▲ $-37.115M ▲ $14.217M ▲ $96.132M ▲
Q2-2025 $97.845M ▼ $89.647M ▼ $-61.064M ▼ $-46.142M ▲ $-17.559M ▼ $72.979M ▼
Q1-2025 $119.191M $116.896M $-58.736M $-53.232M $4.928M $104.095M

Revenue by Products

Product Q2-2025Q3-2025Q4-2025Q1-2026
Complementary
Complementary
 $160.00M ▲$170.00M ▲$180.00M ▲$190.00M ▲
Core Segment
Core Segment
 $170.00M ▲$180.00M ▲$190.00M ▲$200.00M ▲
Payments
Payments
 $210.00M ▲$220.00M ▲$230.00M ▲$230.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has increased steadily each year, showing a consistent ability to grow with its banking and credit union customers. Profitability has also trended upward, with both operating income and net income rising over time rather than bouncing around. Margins look healthy and relatively stable, suggesting good pricing power and cost control. Earnings per share has grown nicely, helped by both higher profits and disciplined share management. Overall, the income statement reflects a mature, dependable business that is still finding room to expand.

Balance Sheet

Balance Sheet The balance sheet looks solid and conservative. Total assets have grown steadily, and shareholder equity has been building up year after year, which points to retained profits and a stronger financial base. Debt has come down from prior years to essentially negligible levels recently, reducing financial risk and interest burden. Cash on hand is modest rather than large, but the low debt and strong equity position help offset that. Overall, the company appears financially sturdy, with a balance sheet that supports long-term stability rather than aggressive leverage.

Cash Flow

Cash Flow The company generates strong, recurring cash from its operations, and that cash flow has generally improved over time. Free cash flow has moved meaningfully higher, especially in the most recent years, indicating that after covering its investment needs, there is still a good cushion of cash left over. Capital spending has been significant but manageable, reflecting ongoing investment in technology and infrastructure rather than one-off spikes. The combination of rising operating cash flow and improving free cash flow suggests the business model is both profitable and cash-efficient.

Competitive Edge

Competitive Edge Jack Henry operates in a specialized corner of financial technology, focusing on community banks and credit unions rather than the very largest institutions. Its core systems are deeply embedded in client operations, which makes switching providers difficult, costly, and risky for customers. This creates very high customer stickiness and extremely high retention. The company’s open banking approach and strong reputation for service give it an edge against larger but more generalized competitors. However, it still faces competition from big incumbents and newer fintech players, so maintaining its service quality and innovation pace is critical to preserving its strong position.

Innovation and R&D

Innovation and R&D Innovation is clearly central to Jack Henry’s strategy. Its open banking model, centered around the Banno digital platform and open APIs, allows banks and credit unions to plug in many third-party fintech tools, which helps clients move faster and customize their offerings. Partnerships with key fintech data and connectivity providers deepen this ecosystem advantage. The company is also investing in cloud-native technology, embedded finance, and more modern payment capabilities, supported by targeted acquisitions like Victor Technologies. Looking ahead, expanding data analytics, personalization, and AI-driven tools for its customers will likely be important areas of continued R&D focus and differentiation.

Summary

Overall, Jack Henry looks like a financially solid, steadily growing technology provider with a durable niche in community banking and credit unions. Its income statement shows dependable growth and healthy profitability, backed by a conservative balance sheet with rising equity and little debt. Strong, improving cash generation supports ongoing investment in technology and product development. Competitively, high switching costs and strong customer relationships form a notable moat, while its open platform strategy and fintech partnerships help keep it relevant in a fast-changing market. Key watch points include the pace and execution of its cloud and modernization efforts, competitive pressure from larger and newer players, and how effectively it can turn innovation in areas like embedded finance and data analytics into sustained, long-term growth.

NEWS

November 25, 2025 · 4:15 PM UTC

Jack Henry Leaders to Present at Upcoming Conferences for UBS, Nasdaq

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November 17, 2025 · 8:30 AM UTC

Traditional Bank Chooses Jack Henry for Modern, Open Technology Platform

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November 13, 2025 · 8:30 AM UTC

JACK HENRY & ASSOCIATES ANNOUNCES REGULAR QUARTERLY DIVIDEND

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November 6, 2025 · 9:00 AM UTC

QCR Holdings, Inc. Selects Jack Henry to Modernize Technology Across Four Banks

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November 4, 2025 · 4:15 PM UTC

Jack Henry & Associates, Inc. Reports First Quarter 2026 Results

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