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Jack Henry & Associates (JKHY) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Nov 7, 2025

Jack Henry & Associates (JKHY) reported revenue of $645M for the first quarter fiscal 2026 (Q1 FY26), +7% from a year earlier and +5% from the quarter before. Operating margin was 28.5%, net earnings $144M (22.3% of revenue).

Revenue$645M
Year over year+7%
Quarter over quarter+5%
Operating margin28.5%
Net earnings$144M

Jack Henry & Associates, Q1 FY26: revenue $645M (+7% year over year), operating margin 28.5%, net earnings $144M, operating cash flow $121M. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$645M+5%+7%
Operating profit$184M+18%+22%
Net earnings$144M+13%+21%
Operating cash flow$121M-63%+3%
Free cash flow$69.5M—+17%

What changed

Revenue was $644.7M in Q1 FY26, up 7% year over year and up 5% from the previous quarter. Processing was the largest line at 42% of revenue. Processing added $23.6M year over year (up 10%), 54% of the total change. On-Premise Support declined 10%.

Operating profit was $184.1M, a 28.5% margin (up 3.4 points year over year). Of the extra revenue versus a year earlier, 75% reached operating profit, above the 25% margin then. Total costs grew 2% against revenue growth of 7%. Net earnings were $144.0M, up 21% year over year. The effective tax rate was 24.3%.

Operating cash flow was $120.6M (up 3% year over year), 84% of net earnings. Non-cash charges added back $10.4M of depreciation and $6.3M of share-based compensation. Working capital and other items used $40.1M. After capitalized software, net ($40.7M) and capitalized expenditures ($8.9M) and internal use software ($1.5M), free cash flow as the company reports it was $69.5M.

Questions

What was Jack Henry & Associates' revenue in the first quarter fiscal 2026?

Jack Henry & Associates (JKHY) reported revenue of $645M for the first quarter fiscal 2026 (Q1 FY26), +7% from a year earlier and +5% from the quarter before.

Was Jack Henry & Associates profitable in the first quarter fiscal 2026?

Operating profit was $184M (28.5% of revenue) and net earnings $144M.

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Source: Jack Henry & Associates 10-Q on SEC EDGAR.