Jack Henry & Associates, Inc. reported a total revenue of $2.54 billion for the fiscal year ending June 30, 2026, marking a 7.1% increase from $2.38 billion in the previous fiscal year. The company's net income also rose by 10.3% to $502.8 million, or $6.98 per diluted share, compared to $455.7 million, or $6.24 per diluted share, in fiscal 2025. This growth was primarily driven by increased demand for data processing and hosting services, card processing revenues, and transaction processing, reflecting a strong performance across its core and complementary service offerings.
In terms of operational metrics, Jack Henry's customer base expanded to over 7,200 financial institutions, including more than 900 banks and 700 credit unions. The company also reported a significant increase in active monthly users on its digital platforms, contributing to higher transaction volumes. The average assets under management for its banking clients grew from $1.29 billion to $1.42 billion, while credit union clients saw an increase from $1.20 billion to $1.31 billion. The company’s employee headcount stood at approximately 7,300 as of June 30, 2026.
Strategically, Jack Henry completed the acquisition of Victor Technologies, Inc. for $42.4 million, enhancing its capabilities in the Payments-as-a-Service market. This acquisition is expected to bolster the company's offerings in embedded payment solutions. Additionally, Jack Henry has been focusing on technology modernization, with ongoing investments in research and development amounting to $176.4 million, a rise of 8.4% from the previous year. The company aims to leverage artificial intelligence to improve operational efficiency and enhance client services.
Looking ahead, Jack Henry expressed confidence in its growth trajectory, citing a healthy sales pipeline and strong demand for its technology solutions. The company anticipates continued revenue growth driven by its commitment to innovation and client service. Management emphasized that technology spending by financial institutions remains robust, positioning Jack Henry favorably to capitalize on emerging opportunities in the financial technology sector. The company is also focused on maintaining high levels of client satisfaction and retention, which are critical to its long-term success.
About JACK HENRY & ASSOCIATES INC
Jack Henry & Associates, Inc. is a financial technology provider serving community and regional banks and credit unions. It offers core banking systems, digital banking platforms, electronic payment solutions, and complementary services to enhance operational efficiency, security, and customer experience. The company focuses on innovation, cloud-native technology, and long-term client relationships to support financial institutions' growth and regulatory compliance.
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