Jack Henry & Associates Inc
jackhenry.comWhat Do They Do?
Provides banks and credit unions with core data-processing systems, payment processing, and digital banking and other financial technology services.
10-K for FY2026, filed Aug 28, 2026Jack Henry & Associates, Inc.® is a well-rounded financial technology company that strengthens connections between financial institutions…View ↗
We provide products and services primarily to community and regional banks and credit unions (see "Our Industry" below):View ↗
Our core banking solutions support commercial banks with information and transaction processing platforms that provide enterprise-wide…View ↗
Our core agnostic solutions for banks, credit unions, and diverse corporate entities are specialized products and services assembled…View ↗
How Do They Make Money?
Banks and credit unions pay monthly for transaction processing, data and item processing, and hosting. They also pay for software licenses and hardware when delivered, professional services as the work is performed, and annual support fees billed in advance.
10-K for FY2026, filed Aug 28, 2026Processing revenue is generated from transaction-based fees for electronic deposit and payment services, electronic funds transfers and…View ↗
Private and public cloud revenue is generated from data and item processing services and hosting fees. The Company’s arrangements for these…View ↗
Product delivery and services revenue is generated primarily from software licensing and related professional services and hardware…View ↗
On-premise support revenue is generated from software maintenance for ongoing client support and software usage, which includes a license…View ↗
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10-K for FY2026, filed Aug 28, 2026
FY2026 revenue by product or service ↗
$2.5B
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10-K for FY2026, filed Aug 28, 2026
$2.5B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Services and Support
|
57%
FY2023: 58%
|
Services and Support, FY2026
$1.4B Sources
|
|
|
Processing
Usage-based
10-K for FY2026, filed Aug 28, 2026 |
43%
FY2023: 42%
|
Processing, FY2026
$1.1B Sources
|
Usage-based |
Who Are Their Customers?
Community and regional banks and credit unions buy core systems and related services; banks, credit unions, and other businesses also buy specialized products. Sales teams win new clients directly and account executives sell additional products to existing clients.
10-K for FY2026, filed Aug 28, 2026We provide products and services primarily to community and regional banks and credit unions (see "Our Industry" below):View ↗
Core bank integrated data processing systems are provided to over 900 banks. Our banking solutions support both on-premise and private…View ↗
The marketing and sales initiatives within the core business lines are primarily focused on identifying banks and credit unions evaluating…View ↗
Sales executives are responsible for the activities required to earn new clients in assigned territories, and regional account executives…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 20 cents of every revenue dollar as net income in FY2026 and turned 27 cents into free cash flow.
10-K for FY2026, filed Aug 28, 2026
$635MView ↗
10-K for FY2026, filed Aug 28, 2026
$502.8MView ↗
10-K for FY2026, filed Aug 28, 2026
$694.9MView ↗
How Are They Changing?
Growing. Revenue grew 31% in 4 years, from $1.9B in FY2022 to $2.5B in FY2026, about 7% a year.
New public cloud platform
The latest report describes a public cloud-native platform being developed as a modern alternative for core functions and as a link between existing core systems and newer products; the older report described plans to develop public cloud-native solutions but did not describe this platform.
10-K for FY2023, filed Aug 24, 2023 10-K for FY2026, filed Aug 28, 2026Providing community and regional banks and credit unions with core processing systems that provide excellent functionality and support…View ↗
Our public cloud-native technology modernization strategy seeks to enable our bank and credit union clients to innovate faster…View ↗
The Jack Henry PlatformTM is the centerpiece of this strategy and operates as a single public cloud-native, API-first platform, which we…View ↗
The Jack Henry Platform also serves as a connective layer across our existing core systems, linking foundational core capabilities with…View ↗
Payments for small businesses
The latest report adds a focus on payment capabilities for small businesses, including mobile-device payments and faster transfers; the older report did not describe this small-business strategy.
10-K for FY2023, filed Aug 24, 2023 10-K for FY2026, filed Aug 28, 2026Providing community and regional banks and credit unions with core processing systems that provide excellent functionality and support…View ↗
Small and Medium-Sized Business (SMB) StrategyView ↗
A key component of this strategy is expanding access to modern, embedded payment capabilities that are purpose-built for how SMBs and their…View ↗
Tap2LocalTM enables secure, in-person payments by allowing businesses to accept transactions directly through compatible mobile devices…View ↗
Rapid Transfers complements this capability by enabling faster movement of funds for both SMBs and consumers. By accelerating the…View ↗
Who Do They Compete With?
Competes with Fidelity National Information Services, Fiserv, Corelation, and Finastra
10-K for FY2026, filed Aug 28, 2026Our core solutions compete with large vendors that provide information and transaction processing solutions to banks and credit unions…View ↗
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