Jack Henry & Associates, Inc. operates as a financial technology company that connects people and financial institutions through technology solutions and payment processing services. It operates through four segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions, which consist of integrated applications required to process deposit, loan, general ledger transactions, and maintain centralized accountholder information. The Payments segment offers secure payment processing tools and services, including ATM, automated clearing house origination and remote deposit capture processing, and risk management products and services, as well as debit and credit card processing services, and online and mobile bill pay solutions. The Complementary segment provides software, and hosted processing platforms and services comprising digital/mobile banking, treasury, online account opening, fraud/anti-money laundering, and lending/deposit solutions. The Corporate and Other segment offers hardware and other products. It offers specialized financial performance, imaging and payment, information security and risk management, retail delivery, and online and mobile solutions to financial services organizations and corporate entities. The company also provides SilverLake system, a system primarily designed for commercial-focused banks; Symitar, a system designed for credit unions; CIF 20/20, a parameter-driven system for banks; and Core Director, a system with point-and-click operation for banks. It provides digital products and services under the Banno Digital Platform, and electronic payment solutions; hardware systems; implementation, training, and support and service solutions; data center solutions; and data and transaction processing, and software licensing and related services, as well as professional services. The company was founded in 1976 and is headquartered in Monett, Missouri.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.4B | $801M | $456M | $410M | 21.4% | 7.2% | 19.4% |
| 2024 | $2.2B | $714M | $382M | $336M | 20.7% | 6.6% | 4.1% |
| 2023 | $2.1B | $680M | $367M | $175M | 22.8% | 6.9% | 1.0% |
| 2022 | $1.9B | $652M | $363M | $313M | 26.3% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,942.88 | 2,077.70 | 2,215.54 | 2,375.29 |
| Operating Revenue | - | 1,942.88 | 2,077.70 | 2,215.54 | 2,375.29 |
| Cost Of Revenue | - | 1,128.61 | 1,219.06 | 1,299.48 | 1,360.75 |
| Gross Profit | - | 814.27 | 858.64 | 916.07 | 1,014.54 |
| Operating Expense | - | 339.65 | 377.95 | 426.68 | 445.83 |
| Research And Development | - | 121.36 | 142.68 | 148.26 | 162.77 |
| Selling General And Administration | - | 218.30 | 235.27 | 278.42 | 283.06 |
| Total Expenses | - | 1,468.26 | 1,597.01 | 1,726.15 | 1,806.57 |
| Operating Income | - | 474.62 | 480.69 | 489.39 | 568.72 |
| Total Operating Income As Reported | - | 474.62 | 480.69 | 489.39 | 568.72 |
| EBITDA | - | 652.28 | 680.37 | 714.31 | 801.22 |
| Normalized EBITDA | - | 652.28 | 680.37 | 714.31 | 801.22 |
| EBIT | - | 474.65 | 489.65 | 514.40 | 596.47 |
| Interest Income | - | 0.03 | 8.96 | 25.01 | 27.76 |
| Interest Expense | - | 2.38 | 15.07 | 16.38 | 10.44 |
| Net Interest Income | - | -2.35 | -6.11 | 8.63 | 17.32 |
| Interest Income Non Operating | - | 0.03 | 8.96 | 25.01 | 27.76 |
| Interest Expense Non Operating | - | 2.38 | 15.07 | 16.38 | 10.44 |
| Net Non Operating Interest Income Expense | - | -2.35 | -6.11 | 8.63 | 17.32 |
| Pretax Income | - | 472.27 | 474.57 | 498.02 | 586.04 |
| Tax Provision | - | 109.35 | 107.93 | 116.20 | 130.29 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 362.92 | 366.65 | 381.82 | 455.75 |
| Net Income From Continuing And Discontinued Operation | - | 362.92 | 366.65 | 381.82 | 455.75 |
| Net Income From Continuing Operation Net Minority Interest | - | 362.92 | 366.65 | 381.82 | 455.75 |
| Net Income | - | 362.92 | 366.65 | 381.82 | 455.75 |
| Net Income Common Stockholders | - | 362.92 | 366.65 | 381.82 | 455.75 |
| Net Income Including Noncontrolling Interests | - | 362.92 | 366.65 | 381.82 | 455.75 |
| Normalized Income | - | 362.92 | 366.65 | 381.82 | 455.75 |
| Diluted NI Availto Com Stockholders | - | 362.92 | 366.65 | 381.82 | 455.75 |
| Basic Average Shares | - | 72.88 | 72.89 | 72.87 | 72.84 |
| Diluted Average Shares | - | 73.49 | 73.10 | 73.03 | 73.04 |
| Reconciled Depreciation | - | 177.62 | 190.73 | 199.90 | 204.75 |
| Reconciled Cost Of Revenue | - | 1,128.61 | 1,219.06 | 1,299.48 | 1,360.75 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Jack Henry & Associates, Inc.this co. | JKHY | $9.3B | 20.38β discount | 4.36 | 21.4% | 11.65 |
| Leidos Holdings, Inc. | LDOS | $15.7B | 10.82 | 3.19 | 29.5% | 8.24 |
| Sanmina Corporation | SANM | $15.0B | 61.06 | 6.38 | 10.4% | 30.04 |
| Trimble Inc. | TRMB | $13.0B | 30.62 | 2.22 | 7.3% | 18.02 |
| Tyler Technologies, Inc. | TYL | $12.7B |
| - |
| - |
| - |
| - |
| - |
| - |
| 40.17 |
| 3.42 |
| 8.5% |
| 22.50 |
| Zebra Technologies Corporation | ZBRA | $11.7B | 27.91 | 3.26 | 11.7% | 16.72 |
| GoDaddy Inc. | GDDY | $11.2B | 12.84 | 52.23 | 406.8% | 10.88 |
| Gartner, Inc. | IT | $11.0B | 15.14 | 34.50 | 228.0% | 9.79 |
| FormFactor, Inc. | FORM | $9.9B | 181.56 | 9.53 | 5.3% | 89.55 |
| Peer Median | - | 29.27 | 4.90 | 11.1% | 17.37 | |