NASDAQ: JKHY
Jack Henry & Associates
Financials · Services-Computer Integrated Systems Design
52-week range
Stock price
Market cap
At each fiscal year end: closing price × shares outstanding.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.$9.66B
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| Period | Market cap |
|---|---|
| FY2017, ended Jun 30, 2017 | $8.04B |
| FY2018, ended Jun 30, 2018 | $10.1B |
| FY2019, ended Jun 30, 2019 | $10.3B |
| FY2020, ended Jun 30, 2020 | $14.1B |
| FY2021, ended Jun 30, 2021 | $12.1B |
| FY2022, ended Jun 30, 2022 | $13.1B |
| FY2023, ended Jun 30, 2023 | $12.2B |
| FY2024, ended Jun 30, 2024 | $12.1B |
| FY2025, ended Jun 30, 2025 | $13.1B |
| FY2026, ended Jun 30, 2026 | $9.66B |
Revenue
By fiscal year.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.$2.54B
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| Period | Revenue |
|---|---|
| FY2017, ended Jun 30, 2017 | $1.43B |
| FY2018, ended Jun 30, 2018 | $1.54B |
| FY2019, ended Jun 30, 2019 | $1.55B |
| FY2020, ended Jun 30, 2020 | $1.70B |
| FY2021, ended Jun 30, 2021 | $1.76B |
| FY2022, ended Jun 30, 2022 | $1.94B |
| FY2023, ended Jun 30, 2023 | $2.08B |
| FY2024, ended Jun 30, 2024 | $2.22B |
| FY2025, ended Jun 30, 2025 | $2.38B |
| FY2026, ended Jun 30, 2026 | $2.54B |
Net income and free cash flow
By fiscal year. Free cash flow is operating cash flow minus capex.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2017, ended Jun 30, 2017 | $230M | $315M |
| FY2018, ended Jun 30, 2018 | $365M | $372M |
| FY2019, ended Jun 30, 2019 | $272M | $378M |
| FY2020, ended Jun 30, 2020 | $297M | $457M |
| FY2021, ended Jun 30, 2021 | $311M | $439M |
| FY2022, ended Jun 30, 2022 | $363M | $470M |
| FY2023, ended Jun 30, 2023 | $367M | $342M |
| FY2024, ended Jun 30, 2024 | $382M | $510M |
| FY2025, ended Jun 30, 2025 | $456M | $588M |
| FY2026, ended Jun 30, 2026 | $503M | $695M |
Cash and cash equivalents
At each fiscal year end.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.$12.1M
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| Period | Cash and cash equivalents |
|---|---|
| FY2017, ended Jun 30, 2017 | $115M |
| FY2018, ended Jun 30, 2018 | $31.4M |
| FY2019, ended Jun 30, 2019 | $93.6M |
| FY2020, ended Jun 30, 2020 | $213M |
| FY2021, ended Jun 30, 2021 | $51.0M |
| FY2022, ended Jun 30, 2022 | $48.8M |
| FY2023, ended Jun 30, 2023 | $12.2M |
| FY2024, ended Jun 30, 2024 | $38.3M |
| FY2025, ended Jun 30, 2025 | $102M |
| FY2026, ended Jun 30, 2026 | $12.1M |
Total debt
At each fiscal year end. Short- and long-term borrowings, excluding leases.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.$40.0M
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| Period | Total debt |
|---|---|
| FY2017, ended Jun 30, 2017 | $50.0M |
| FY2018, ended Jun 30, 2018 | $0 |
| FY2019, ended Jun 30, 2019 | $0 |
| FY2020, ended Jun 30, 2020 | $323K |
| FY2021, ended Jun 30, 2021 | $100M |
| FY2022, ended Jun 30, 2022 | $115M |
| FY2023, ended Jun 30, 2023 | $275M |
| FY2024, ended Jun 30, 2024 | $60.0M |
| FY2025, ended Jun 30, 2025 | $0 |
| FY2026, ended Jun 30, 2026 | $40.0M |
Shares outstanding
At each fiscal year end, adjusted for splits. Down 9.5% since 2017.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.70.1M
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| Period | Shares outstanding |
|---|---|
| FY2017, ended Jun 30, 2017 | 77.4M |
| FY2018, ended Jun 30, 2018 | 77.2M |
| FY2019, ended Jun 30, 2019 | 77.0M |
| FY2020, ended Jun 30, 2020 | 76.6M |
| FY2021, ended Jun 30, 2021 | 74.0M |
| FY2022, ended Jun 30, 2022 | 72.9M |
| FY2023, ended Jun 30, 2023 | 72.9M |
| FY2024, ended Jun 30, 2024 | 72.9M |
| FY2025, ended Jun 30, 2025 | 72.9M |
| FY2026, ended Jun 30, 2026 | 70.1M |
Buybacks and new shares
By fiscal year, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for FY2026, ended Jun 30, 2026. Hover or tap a column for another year.Net: $404M more bought back than issued
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| Period | Bought back | Paid to employees | Sold for cash |
|---|---|---|---|
| FY2017, ended Jun 30, 2017 | $130M | $11.1M | $6.25M |
| FY2018, ended Jun 30, 2018 | $49.0M | $11.8M | $7.52M |
| FY2019, ended Jun 30, 2019 | $54.9M | $12.6M | $9.04M |
| FY2020, ended Jun 30, 2020 | $71.5M | $16.9M | $9.83M |
| FY2021, ended Jun 30, 2021 | $432M | $20.7M | $10.9M |
| FY2022, ended Jun 30, 2022 | $194M | $24.8M | $11.8M |
| FY2023, ended Jun 30, 2023 | $25.0M | $28.6M | $12.4M |
| FY2024, ended Jun 30, 2024 | $28.1M | $28.9M | $12.5M |
| FY2025, ended Jun 30, 2025 | $35.1M | $28.4M | $11.7M |
| FY2026, ended Jun 30, 2026 | $448M | $32.5M | $11.6M |
Revenue (TTM)
$2.54B
+7.1% YoY
Net income (TTM)
$503M
+10.3% YoY
Cash
$12.1M
−88.2% YoY
Total debt
$40.0M
—
Valuation
At current price- Market Cap
- $11.3B
- P/E
- 22.5×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 4.4×
- Price / Book
- 5.5×
- EV / EBITDA
- 16.7×
Growth
Trailing 12 months- Revenue (TTM)
- $2.54B
- Revenue Growth YoY
- 7.1%
- Revenue CAGR 3Y
- 7.0%
- Revenue CAGR 5Y
- 7.7%
- EPS Growth YoY
- 11.9%
- Net Income Growth YoY
- 10.3%
Profitability
Trailing 12 months- Gross Margin
- 43.7%
- Operating Margin
- 25.0%
- Net Margin
- 19.8%
- FCF Margin
- 27.3%
- Return on Equity
- 24.0%
Earnings
Trailing 12 months- Net Income
- $503M
- EPS (diluted)
- $6.98
- EBITDA
- $677M
- Operating Income
- $635M
Balance Sheet
As of Jun 30, 2026- Cash and cash equivalents
- $12.1M
- Total Debt
- $40.0M
- Net Debt
- $27.9M
- Total Assets
- $3.15B
- Total Liabilities
- $1.09B
- Shareholders' Equity
- $2.05B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $762M
- Capital Expenditure
- $67.1M
- Free Cash Flow
- $695M
Dividends and risk
Last 12 months- Dividend Yield
- 1.5%
- Dividend / Share
- $2.41
- Beta (5Y)
- 0.56
Every ratio is calculated from the company’s reported figures.
Strength
Revenue is up 7.1% year over year, at $2.54B.
Note
Net margin of 19.8% over the last 12 months.
Strength
Turns 27.3% of revenue into free cash flow.
Strength
Share count is down 3.8% in a year, from buybacks.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-K for the fiscal year ended Jun 30, 2026 · filed Aug 28, 2026
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2025 · 10-K79Good news
10-K for the fiscal year ended Jun 30, 2025
Filed Aug 25, 2025 · Read the filing on EDGAR
- Revenue rose 7.2% to about $2.38 billion, led by cloud, card, digital and payment processing, while net income grew 19.4% to $455.7 million.
- Profit growth was helped by the absence of last year's $16.4 million employee separation costs, a lower tax rate and higher one-time contract termination revenue.
- Jack Henry repaid its remaining $150 million of net borrowings and ended the year debt-free, with operating cash flow up 12.9% to $641.5 million.
- Management says it is confident going into fiscal 2026, citing strong bank technology spending and a very healthy sales pipeline.
Business momentum
Strong improvement
“Net income grew 19.4% to $455,748, or $6.24 per diluted share, in fiscal 2025 from $381,816, or $5.23 per diluted share, in fiscal 2024.”
Outlook
Positive
“We have a very healthy sales pipeline and a proven ability to attract and win deals, especially with larger financial institutions.”
Financial stress
None
“Interest expense decreased in fiscal 2025 mainly due to the timing and amounts of borrowed and repaid balances ending the current fiscal year with no remaining debt outstanding.”
Tone against the previous report
More positive
Red flags
None found in this report.
Positives
Broad revenue growth across cloud, card, digital and payments
“This increase was mainly driven by growth in data processing and hosting within cloud revenue as new clients were added and volumes expanded”
Costs grew more slowly than revenue, widening margins
“Cost of revenue decreased 2% as a percentage of total revenue for fiscal 2025 compared to fiscal 2024.”
Stronger cash generation funded debt repayment, dividends and buybacks
“Cash provided by operating activities for fiscal 2025 increased 12.9% compared to fiscal 2024”
Concerns
Net income growth was flattered by last year's one-time separation costs
“This increase was primarily due to organic growth in our lines of revenue and the decrease in one-time severance expenses related to VEDIP fiscal year over fiscal year”
Long-term card processing commitment of about $1.0 billion was extended to 2038
“bringing the total remaining purchase commitment at June 30, 2025 to $1,022,283 over the remaining term of the contract, which now extends to January 2038”
Some contract renewals are coming at lower prices
“Certain of our renewals have resulted in price compression between the former and renegotiated contracts.”
New risks since the previous report
Errors, bias, regulation and liability from using AI in products and internal work
“The increasing adoption of artificial intelligence (AI), machine learning (ML), and generative artificial intelligence into our products introduces significant and evolving risks that could lead to unintended consequences, result in reputational harm, and increased litigation.”
Biggest risks named
- Security breaches damaging reputation and creating liability
- Outages or underinvestment in technology causing lost clients and damage claims
- Payment processing failures or fraud causing financial losses
- Failures at concentrated third-party hosting and service providers
- Competition and contract renewals pressuring prices and margins
Artificial intelligence in this business: Mentioned
How the score adds up
| Starting point | 60 | |
| Business momentum | +12 | |
| Outlook | +3 | |
| Tone against the previous report | +2 | |
| Financial stress | +2 | |
| Red flags | 0 | |
| New risks | −0.5 | |
| Score | 79 | |
Written by AI (Claude Opus 5.5) from the report’s text. 10 of 10 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-K | Aug 28, 2026 | Pro | |||
| 10-K | Aug 25, 2025 | 79 | Strong improvement | None | |
| 10-K | Aug 26, 2024 | 67 | Improving | None | |
| 10-K | Aug 24, 2023 | 68 | Improving | None | |
| 10-K | Aug 25, 2022 | 73 | Strong improvement | None | |
| 10-K | Aug 25, 2021 | 68 | Improving | None | |
| 10-K | Aug 25, 2020 | 70 | Improving | None | |
| 10-K | Aug 26, 2019 | 61 | Mixed | None | |
| 10-K | Aug 24, 2018 | 69 | Improving | None | |
| 10-K | Aug 25, 2017 | 70 | Improving | None |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-K for FY2026 (period ended Jun 30, 2026), filed Aug 28, 2026. View filings on SEC EDGAR