Jack Henry & Associates reported better-than-expected fourth-quarter fiscal 2026 results, with earnings of $1.57 per share surpassing the Zacks Consensus Estimate by 9%, though the bottom line declined 10.2% year over year. Revenues rose 4.7% year over year to $644 million, beating the consensus mark by 2.3%, while non-GAAP revenues were $633.1 million, up 6.6% year over year after adjusting for deconversion revenues of $9.3 million and acquisition revenues of $1.6 million. GAAP operating income declined 12.2% year over year to $136.8 million, with the operating margin contracting to 21.2% from 25.3%, as higher personnel costs and a 19.2% surge in selling, general and administrative expenses pressured profitability. For fiscal 2027, the company expects GAAP revenues of $2.684-$2.709 billion, representing growth of 5.5-6.5%, and GAAP earnings of $7.33-$7.38 per share, suggesting year-over-year growth of 5-5.7%. Management highlighted a record 58 competitive core wins for fiscal 2026, including 14 institutions with more than $1 billion in assets, and CFO Mimi Carsley noted a 23.2% return on invested capital for the full year.
Jack Henry & Associates IncQ4 earnings of $1.57 per share beat the Zacks Consensus Estimate by 9% and revenues rose 4.7% to $644 million, topping consensus.
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