Filing Flows › Jack Henry & Associates (JKHY) › Q3 FY25
Jack Henry & Associates (JKHY) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 12, 2025
Jack Henry & Associates (JKHY) reported revenue of $585M for the third quarter fiscal 2025 (Q3 FY25), +9% from a year earlier and +2% from the quarter before. Operating margin was 23.7%, net earnings $111M (19.0% of revenue).
Jack Henry & Associates, Q3 FY25: revenue $585M (+9% year over year), operating margin 23.7%, net earnings $111M, operating cash flow $108M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $585M | +2% | +9% |
| Operating profit | $139M | +13% | +24% |
| Net earnings | $111M | +14% | +28% |
| Operating cash flow | $108M | +20% | +11% |
| Free cash flow | $96.1M | +32% | +10% |
What changed
Revenue was $585.1M in Q3 FY25, up 9% year over year and up 2% from the previous quarter. Processing was the largest line at 43% of revenue. Processing added $20.8M year over year (up 9%), 45% of the total change.
Operating profit was $138.7M, a 23.7% margin (up 2.9 points year over year). Of the extra revenue versus a year earlier, 57% reached operating profit, above the 21% margin then. Total costs grew 5% against revenue growth of 9%. Net earnings were $111.1M, up 28% year over year. The effective tax rate was 21.7%.
Operating cash flow was $107.8M (up 11% year over year), 97% of net earnings. Non-cash charges added back $10.4M of depreciation and $6.9M of share-based compensation. Working capital and other items used $20.5M. Capital expenditures of $11.7M left free cash flow of $96.1M.
Questions
What was Jack Henry & Associates' revenue in the third quarter fiscal 2025?
Jack Henry & Associates (JKHY) reported revenue of $585M for the third quarter fiscal 2025 (Q3 FY25), +9% from a year earlier and +2% from the quarter before.
Was Jack Henry & Associates profitable in the third quarter fiscal 2025?
Operating profit was $139M (23.7% of revenue) and net earnings $111M.