JKHY

MKT CAP:$11B

Jack Henry & Associates, Inc.

Market Cap

$11B

Technology·Information Technology Services·🇺🇸 United States·NASDAQ

Technology·IT Services·🇺🇸·NASDAQ

Stock Price

$151.15-$27.20 (-15.25%)

Apr 24, 2026

Company Details

Jack Henry & Associates, Inc. provides technology solutions and payment processing services primarily for financial services organizations in the United States. It operates through four segments: Core, Payments, Complementary, and Corporate...

CEO

Gregory R. Adelson

IPO Date

Nov 20, 1985

Website

www.jackhenry.com

Key Metrics TTM

Revenue

$2.5B

+8.4% YoY

Net Income

$507M

EPS (Diluted)

$6.96

Free Cash Flow

$654M

Revenue / Share

$34.03

Gross Margin

43.8%

Operating Margin

25.9%

Net Margin

20.6%

FCF Margin

26.5%

P/S

4.4x

P/E

21.5x

Earnings Reports

Q3 2026

May 5, 2026

PENDING

Q2 2026

Feb 6, 2026

$619M+7.9%EPS $1.72

Q1 2026

Nov 7, 2025

$645M+7.3%EPS $1.97

FY 2025

Aug 25, 2025

$2.4B+7.2%EPS $6.24

Q4 2025

Aug 25, 2025

$615M+9.9%EPS $1.75

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 22	$478M	$196M	$112M
Q4 22	$483M	$196M	$104M
Q1 23	$529M	$231M	$141M
Q2 23	$505M	$201M	$107M
Q3 23	$509M	$201M	$108M
Q4 23	$535M	$226M	$124M
Q1 24	$571M	$248M	$133M
Q2 24	$546M	$225M	$119M
Q3 24	$539M	$210M	$112M
Q4 24	$560M	$233M	$126M
Q1 25	$601M	$258M	$151M
Q2 25	$574M	$241M	$123M
Q3 25	$585M	$245M	$139M
Q4 25	$615M	$271M	$156M
Q1 26	$645M	$296M	$184M
Q2 26	$619M	$268M	$159M

Valuation

Quarter	P/S	P/E
Q3 22	5.7x	30.4x
Q4 22	5.6x	30.1x
Q1 23	5.5x	29.7x
Q2 23	5.5x	31.0x
Q3 23	5.4x	31.3x
Q4 23	5.3x	29.8x
Q1 24	5.2x	30.2x
Q2 24	5.1x	29.3x
Q3 24	5.0x	28.9x
Q4 24	4.9x	28.6x
Q1 25	4.9x	27.4x
Q2 25	4.8x	27.0x
Q3 25	4.7x	25.4x
Q4 25	4.6x	24.0x
Q1 26	4.5x	22.7x
Q2 26	4.4x	21.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 22	$104M	$98M
Q4 22	$203M	$197M
Q1 23	$137M	$90M
Q2 23	$54M	$1M
Q3 23	$16M	$6M
Q4 23	$175M	$163M
Q1 24	$157M	$150M
Q2 24	$82M	$65M
Q3 24	$98M	$88M
Q4 24	$232M	$208M
Q1 25	$117M	$104M
Q2 25	$90M	$73M
Q3 25	$108M	$96M
Q4 25	$327M	$315M
Q1 26	$121M	$112M
Q2 26	$153M	$131M

Capital Expenditures

Quarter	CapEx
Q3 22	$6M
Q4 22	$6M
Q1 23	$47M
Q2 23	$53M
Q3 23	$10M
Q4 23	$12M
Q1 24	$8M
Q2 24	$17M
Q3 24	$10M
Q4 24	$24M
Q1 25	$13M
Q2 25	$17M
Q3 25	$12M
Q4 25	$12M
Q1 26	$9M
Q2 26	$21M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 22	+10.3%	+7.0%
Q4 22	+7.2%	+7.0%
Q1 23	+8.4%	+9.6%
Q2 23	+2.3%	+8.1%
Q3 23	+6.3%	+9.1%
Q4 23	+10.8%	+8.3%
Q1 24	+8.0%	+12.9%
Q2 24	+8.0%	+7.2%
Q3 24	+5.9%	+6.6%
Q4 24	+4.7%	+5.8%
Q1 25	+5.2%	+2.5%
Q2 25	+5.2%	+5.7%
Q3 25	+8.6%	+4.7%
Q4 25	+9.9%	+5.8%
Q1 26	+7.3%	+2.4%
Q2 26	+7.9%	+2.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 22	$6M	1.3%
Q4 22	$5M	1.1%
Q1 23	$7M	1.3%
Q2 23	$8M	1.5%
Q3 23	$7M	1.4%
Q4 23	$7M	1.3%
Q1 24	$7M	1.3%
Q2 24	$8M	1.5%
Q3 24	$7M	1.3%
Q4 24	$6M	1.2%
Q1 25	$7M	1.1%
Q2 25	$9M	1.5%
Q3 25	$7M	1.2%
Q4 25	$6M	1.0%
Q1 26	$6M	1.0%
Q2 26	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q3 22	$31M	$54M
Q4 22	$34M	$58M
Q1 23	$33M	$57M
Q2 23	$37M	$57M
Q3 23	$35M	$58M
Q4 23	$38M	$63M
Q1 24	$37M	$79M
Q2 24	$35M	$70M
Q3 24	$36M	$62M
Q4 24	$40M	$67M
Q1 25	$40M	$67M
Q2 25	$41M	$77M
Q3 25	$39M	$66M
Q4 25	$43M	$73M
Q1 26	$39M	$73M
Q2 26	$42M	$67M

Revenue Segments

Quarter	Complementary	Core Segment	Payments
Q3 22	$138M	$151M	$178M
Q4 22	$140M	$151M	$177M
Q1 23	$148M	$175M	$187M
Q2 23	$142M	$155M	$191M
Q3 23	$142M	$157M	$192M
Q4 23	$151M	$169M	$197M
Q1 24	$161M	$186M	$199M
Q2 24	$152M	$166M	$204M
Q3 24	$149M	$167M	$202M
Q4 24	$155M	$172M	$213M
Q1 25	$172M	$196M	$212M
Q2 25	$161M	$173M	$215M
Q3 25	$167M	$181M	$217M
Q4 25	$175M	$190M	$229M
Q1 26	$194M	$195M	$231M
Q2 26	$182M	$186M	$232M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$40M	$0	$40M
Q4 22	$49M	$0	$49M
Q1 23	$32M	$0	$32M
Q2 23	$26M	$0	$26M
Q3 23	$27M	$0	$27M
Q4 23	$38M	$0	$38M
Q1 24	$43M	$0	$43M
Q2 24	$26M	$0	$26M
Q3 24	$40M	$0	$40M
Q4 24	$102M	$0	$102M
Q1 25	$43M	$0	$43M
Q2 25	$26M	$0	$26M
Q3 25	$40M	$0	$40M
Q4 25	$102M	$0	$102M
Q1 26	$36M	$0	$36M
Q2 26	$28M	$0	$28M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 22	73M	-0.9%	-3.2%
Q4 22	73M	+0.1%	-1.5%
Q1 23	73M	+0.1%	-1.4%
Q2 23	73M	+0.0%	-0.8%
Q3 23	73M	-0.1%	+0.1%
Q4 23	73M	-0.1%	-0.1%
Q1 24	73M	-0.0%	-0.2%
Q2 24	73M	-0.0%	-0.2%
Q3 24	73M	+0.1%	-0.1%
Q4 24	73M	+0.1%	+0.1%
Q1 25	73M	+0.0%	+0.1%
Q2 25	73M	+0.0%	+0.1%
Q3 25	73M	-0.1%	-0.0%
Q4 25	73M	-0.0%	-0.1%
Q1 26	73M	-0.1%	-0.2%
Q2 26	72M	-0.7%	-0.9%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 22	$70.3K	7K
Q4 22	$70.0K	7K
Q1 23	$76.7K	7K
Q2 23	$73.2K	7K
Q3 23	$73.7K	7K
Q4 23	$75.1K	7K
Q1 24	$80.2K	7K
Q2 24	$76.6K	7K
Q3 24	$75.6K	7K
Q4 24	$78.1K	7K
Q1 25	$83.8K	7K
Q2 25	$80.0K	7K
Q3 25	$81.6K	7K
Q4 25	$85.0K	7K
Q1 26	$89.1K	7K
Q2 26	$85.5K	7K

Revenue / Employee