Jack Henry & Associates Inc
jackhenry.comJack Henry & Associates (NASDAQ: JKHY) is a financial technology company headquartered in Monett, Missouri, that provides technology solutions and payment processing services to community and regional banks and credit unions. Revenue comes from two main streams: services and support (cloud hosting, implementation, consulting, on-premise maintenance) and processing (remittance, card transactions, and digital/mobile payments). As of the fiscal year ended June 30, 2025, processing revenue was $1.01B, representing 43% of total revenue, while services and support grew 6.7% year over year. The company serves approximately 7,400 clients, ranging from de novo banks to institutions with assets up to $55 billion, and employs approximately 7,240 full-time and part-time associates nationwide. Core segment revenue reached $739.3M in FY2025, up 7.0% from FY2024. Cloud contracts carry six-year initial terms, creating strong switching costs across the client base. The company ended FY2025 with no outstanding debt on its $600M revolving credit facility.
Products & Services
Core data processing platforms for banks and credit unions; private and public cloud hosting; on-premise core banking software; EPS accounts receivable and risk management tools; Payrailz Payments Platform for digital money movement; JHA PayCenter providing access to Zelle, RTP, and FedNow networks; card transaction processing; ACH, remote capture, and electronic bill payment services.
Revenue Model
Subscription-style cloud hosting fees (six-year initial contract terms), on-premise maintenance fees (annual terms), implementation and consulting fees, hardware sales, and transaction-based processing fees covering card, ACH, remittance, and real-time payment networks.
Customers & Markets
Approximately 7,400 clients (as of FY2025 10-K filing) consisting of community and regional banks ranging from de novo to multi-billion-dollar institutions with assets up to $55 billion, and credit unions of all sizes across the United States.
Geographic Exposure
United States only, based on filing disclosures. Headquarters in Monett, Missouri.
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