Sign in

    Jack Henry & Associates Inc (JKHY)

    Financials

    Updated Feb 18, 2025, 5:24 PM UTC
    Income Statement - MetricQ2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Revenue (USD, thousands)2,077,702571,368545,701.00538,562.00559,912.002,215,543600,982573,847.00
    Cost of Revenue (USD, thousands)1,219,062323,002320,979.00328,224.00327,272.001,299,477343,432332,850.00
    Research and Development Expense (USD, thousands)142,67836,89235,478.0035,993.0039,893.00148,25639,68641,094.00
    Selling, General, and Administrative Expense (USD, thousands)235,27478,77470,277.0062,247.0067,121.00278,41966,58876,901.00
    Total Expenses (USD, thousands)1,597,014438,668426,734.00426,464.00434,286.001,726,152449,706450,845.00
    Operating Income (USD, thousands)480,688132,700118,967.00112,098.00125,626.00489,391151,276123,002.00
    Interest Income (USD, thousands)8,9594,7455,121.006,499.008,647.0025,0128,3477,159.00
    Interest Expense (USD, thousands)(15,073)(4,197)(3,865.00)(4,433.00)(3,889.00)(16,384)(2,825)(2,780.00)
    Total Interest Income (Expense) (USD, thousands)(6,114)5481,256.002,066.004,758.008,6285,5224,379.00
    Income Before Income Taxes (USD, thousands)474,574133,248120,223.00114,164.00130,384.00498,019156,798127,381.00
    Provision for Income Taxes (USD, thousands)107,92831,56928,258.0027,065.0029,311.00116,20337,60729,536.00
    Net Income (USD, thousands)366,646101,67991,965.0087,099.00101,073.00381,816119,19197,845.00
    Balance Sheet - MetricQ2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Cash and cash equivalents (USD, thousands)12,24331,46726,70927,25438,28438,28443,21225,653
    Receivables, net (USD, thousands)361,252288,733270,551263,416333,033333,033306,660283,223
    Income tax receivable (USD, thousands)7,523---6,1496,149--
    Prepaid expenses and other (USD, thousands)169,178163,670179,304158,725168,768168,768190,537189,826
    Deferred costs (USD, thousands)77,76679,62677,70373,16785,78485,78484,08281,099
    Assets held for sale (USD, thousands)------10,012-
    Total current assets (USD, thousands)627,962563,496554,267522,562632,018632,018634,503579,801
    PROPERTY AND EQUIPMENT, net (USD, thousands)205,664202,847204,846215,733215,069215,069212,253226,981
    Non-current deferred costs (USD, thousands)161,465170,342174,821177,378183,307183,307186,891194,946
    Computer software, net of amortization (USD, thousands)565,714574,143581,756588,426592,761592,761599,816606,621
    Other non-current assets (USD, thousands)322,698334,825353,248383,504417,621417,621413,758424,994
    Customer relationships, net of amortization (USD, thousands)65,52863,33561,14258,94956,75756,75754,67852,598
    Other intangible assets, net of amortization (USD, thousands)19,99820,43819,09919,14922,15122,15121,81521,032
    Goodwill (USD, thousands)804,797804,797804,797804,797804,797804,797804,797804,797
    Total other assets (USD, thousands)1,940,2001,967,8801,994,8632,032,2032,077,3942,077,3942,081,7552,104,988
    Total assets (USD, thousands)2,773,8262,734,2232,753,9762,770,4982,924,4812,924,4812,928,5112,911,770
    Accounts payable (USD, thousands)19,15620,28618,72926,90225,31425,31420,49223,552
    Accrued expenses (USD, thousands)172,629157,945174,084180,319200,770200,770180,201186,096
    Accrued income taxes (USD, thousands)-30,67814,41720,494--31,020278
    Current maturities of long-term debt (USD, thousands)----90,00090,00090,00090,000
    Deferred revenues (USD, thousands)331,974261,656196,794147,328317,730317,730248,977197,447
    Total current liabilities (USD, thousands)523,759470,565404,024375,043633,814633,814570,690497,373
    Non-current deferred revenues (USD, thousands)67,75571,75172,40666,61771,20271,20270,59772,022
    Deferred income tax liability (USD, thousands)244,431234,254227,899229,106243,522243,522239,435234,777
    Debt, net of current maturities (USD, thousands)275,000245,000255,000250,00060,00060,00050,00060,000
    Other long-term liabilities (USD, thousands)54,37152,70570,26069,80173,57973,57972,76172,033
    Total long-term liabilities (USD, thousands)641,557603,710625,565615,524448,303448,303432,793438,832
    Total liabilities (USD, thousands)1,165,3161,074,2751,029,589990,5671,082,1171,082,1171,003,483936,205
    Common stock (USD, thousands)1,0411,0411,0421,0421,0421,0421,0431,044
    Additional paid-in capital (USD, thousands)583,836591,458601,790610,305619,805619,805623,381633,211
    Retained earnings (USD, thousands)2,855,7512,919,5672,973,6733,020,7023,081,6903,081,6903,160,7773,218,533
    Less treasury stock at cost (USD, thousands)(1,832,118)(1,852,118)(1,852,118)(1,852,118)(1,860,173)(1,860,173)(1,860,173)(1,877,223)
    Total stockholders' equity (USD, thousands)1,608,5101,659,9481,724,3871,779,9311,842,3641,842,3641,925,0281,975,565
    Total liabilities and equity (USD, thousands)2,773,8262,734,2232,753,9762,770,4982,924,4812,924,4812,928,5112,911,770
    Cash Flow - MetricQ2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Net Income (USD, thousands)366,646101,67991,965.0087,099.00101,073.00381,816119,19197,845.00
    Depreciation (USD, thousands)48,72012,05211,713.0011,178.0011,399.0046,34211,27311,458.00
    Amortization (USD, thousands)142,00637,18338,183.0038,904.0039,292.00153,56239,22140,296.00
    Change in Deferred Income Taxes (USD, thousands)(48,199)(10,178)(6,354.00)1,207.0014,416.00(909)(4,087)(4,658.00)
    Expense for Stock-Based Compensation (USD, thousands)28,6117,1488,332.006,924.006,469.0028,8736,7058,834.00
    (Gain)/Loss on Disposal of Assets (USD, thousands)(4,517)(111)324.0060.003,568.003,841(27)23.00
    Change in Receivables (USD, thousands)(12,067)72,51918,183.007,133.00(69,616.00)28,21926,37323,438.00
    Change in Prepaid Expenses, Deferred Costs and Other (USD, thousands)(112,316)(17,356)(35,613.00)(7,551.00)(55,038.00)(115,558)(18,788)(15,596.00)
    Change in Accounts Payable (USD, thousands)(6,277)(1,234)1,511.00(4,077.00)9,235.005,435(9,116)3,533.00
    Change in Accrued Expenses (USD, thousands)(20,453)(17,285)32,748.004,802.0017,027.0037,292(23,067)3,617.00
    Change in Income Taxes (USD, thousands)9,95239,044(15,252.00)7,146.00(21,013.00)9,92538,576(29,038.00)
    Change in Deferred Revenues (USD, thousands)(10,547)(66,322)(64,207.00)(55,255.00)174,987.00(10,797)(69,358)(50,105.00)
    Net Cash from Operating Activities (USD, thousands)381,559157,13981,533.0097,570.00231,799.00568,041116,89689,647.00
    Capital Expenditures (USD, thousands)(39,179)(7,612)(16,846.00)(9,889.00)(23,771.00)(58,118)(12,801)(16,668.00)
    Proceeds from Dispositions (USD, thousands)27,93985226.0022.004.00904--
    Purchased Software (USD, thousands)(1,685)(2,280)(691.00)(1,590.00)(2,569.00)(7,130)(2,676)(852.00)
    Computer Software Developed (USD, thousands)(166,120)(41,486)(41,922.00)(41,943.00)(41,824.00)(167,175)(42,259)(43,544.00)
    Proceeds from Investments (USD, thousands)------1,0000.00
    Purchase of Investments (USD, thousands)(1,000)--(146.00)(7,500.00)(8,646)(2,000)0.00
    Payment for Acquisitions, Net of Cash Acquired (USD, thousands)(229,628)-------
    Net Cash from Investing Activities (USD, thousands)(409,673)(50,526)(60,433.00)(53,546.00)(75,660.00)(240,165)(58,736)(61,064.00)
    Borrowings on Credit Facilities (USD, thousands)810,000135,00085,000.00115,000.00140,000.00475,00075,00090,000.00
    Repayments on Credit Facilities (USD, thousands)(650,060)(165,000)(75,000.00)(120,000.00)(240,000.00)(600,000)(85,000)(80,000.00)
    Purchase of Treasury Stock (USD, thousands)(25,000)(20,000)0.000.00(8,055.00)(28,055)--
    Dividends Paid (USD, thousands)(147,237)(37,863)(37,859.00)(40,070.00)(40,085.00)(155,877)(40,104)(40,089.00)
    Proceeds from Issuance of Common Stock upon Exercise of Stock Options (USD, thousands)1-----11.00
    Tax Withholding Payments Related to Share-Based Compensation (USD, thousands)(8,505)(2,944)(617.00)(1,782.00)(35.00)(5,378)(6,169)(1,173.00)
    Proceeds from Sale of Common Stock (USD, thousands)12,3713,4182,618.003,373.003,066.0012,4753,0402,169.00
    Net Cash from Financing Activities (USD, thousands)(8,430)(87,389)(25,858.00)(43,479.00)(145,109.00)(301,835)(53,232)(46,142.00)
    Net Change in Cash and Cash Equivalents (USD, thousands)(36,544)19,224(4,758.00)545.0011,030.0026,0414,928(17,559.00)
    Cash and Cash Equivalents, Beginning of Period (USD, thousands)48,78712,24312,24312,24312,24312,24338,28438,284
    Cash and Cash Equivalents, End of Period (USD, thousands)12,24331,46726,70927,25438,28438,28443,21225,653
    Revenue by Segment - in Millions of USDQ2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Core656.164186.439165.601166.655172.04690.738195.624173.17
    Payments767.339199.358203.839201.919212.59817.708211.923214.84
    Complementary583.893161.366152.466149.231155.15618.211171.702160.94
    Corporate and Other70.30624.20523.79520.75720.1388.88621.73324.90
    Private and Public Cloud-----682.146182.260-
    Product Delivery and Services-----238.72357.663-
    On-Premise Support-----355.085116.756-
    Services and Support1,214.701342.205-305.017-1,275.954356.679323.03
    Processing863.001229.163-233.545-939.589244.303250.82
    - License Revenue--------
    - Hardware Revenue--------
    - Bank Systems and Services--------
    - Credit Union Systems and Services--------
    Total Revenue2,077.702571.368545.701538.562559.912,215.543600.982573.85
    KPIs - Metric (Unit, Scale)Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Number of financial institutions served (count)--------
    Number of full-time and part-time associates (count)-----7,1707,170-
    Remaining performance obligations (USD thousands)-3,563,9446,446,0236,493,836--7,137,233-