Jack Henry & Associates Inc

Company facts

Industry

Services-Computer Integrated Systems Design

Headquarters

Monett, Missouri

Most recent report

10-K, filed Aug 28, 2026

Incorporated

Delaware

Filings on record

1,000+ filings

On EDGAR

CIK 779152

Fiscal year ends

June

Filer status

Large accelerated filer

What to read: FY2026 10-K

SECSift found 3 of 27 sections worth reading, with 4 positive, 7 notable, and 4 negative flags.

• Risk Factors (Item 1A)

  Company-specific quantified risks: goodwill impairment, price compression, no exec contracts.
  Notable

  • Jack Henry has suffered phishing and social-engineering attacks in the past, not just hypothetical.
  • Frontier AI is reshaping cyber threats, making attacks faster and harder to prevent.
  • Client base of ~4,300 banks and ~4,400 credit unions is shrinking from mergers and failures, reducing potential revenue.
  Negative

  • Renewals are already showing price compression; if it accelerates, revenue and margins will suffer.
  • No employment agreements with any executive officer raises key-person risk from loss of senior management.
  • Goodwill and intangibles are a big chunk of assets as of June 30, 2026; annual impairment testing could trigger a write-down.

• Management's Discussion (Item 7)

  Dense MD&A: revenue growth, record EPS, large cash burn on buybacks, new $1B facility.
  Positive

  • Total revenue increased 7.1% to $2.54B, driven by cloud, card, and digital growth in FY2026.
  • Net income grew 10.3% to $502.8M ($6.98 per diluted share) in FY2026, a record earnings level.
  • Cash from operations rose 18.8% to $762M in FY2026, showing strong underlying cash generation.
  Notable

  • Share repurchases of $448M and dividends of $170M used most of the cash generated by operations in FY2026.
  • Acquired Victor for $42.4M in cash on Sept 30, 2025, to expand Payments-as-a-Service capabilities.
  • New $1B revolving credit facility entered March 2026, replacing a $600M facility; $40M drawn at year-end.
  Negative

  • Cash and cash equivalents plunged from $102M to $12M in FY2026, a 88% drop from heavy buybacks and dividends.

• Financial Statements (Item 8)

  Contains audited financials and key operating results for FY2026.
  Positive

  • Revenue grew 7% to $2.544B in FY2026 from $2.375B.
  Notable

  • Bought back $448M in shares in FY2026, up from $35M in FY2025, funded by cash and new debt.

What changed: FY2026 vs. FY2025

About 11% of JKHY's FY2026 10-K is new information. 62 paragraphs were added, 242 changed, and 92 removed. Below are the most important lines SECSift identified.

• Financial Statements (Item 8) 88
• Business (Item 1) 57
• Management's Discussion (Item 7) 47
• Risk Factors (Item 1A) 27
• Exhibits (Item 15) 12
• Form 10-K Summary (Item 16) 12
• Market for the Stock (Item 5) 5
• Cybersecurity (Item 1C) 4
• Properties (Item 2) 1