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Jack Henry & Associates logoJack Henry & Associates JKHY

Jack Henry & Associates said total revenue in fiscal 2025 increased 7.2%, or $159,745 thousand, compared to fiscal 2024. Reducing total revenue for deconversion revenue of $33,905 thousand in fiscal 2025 and $16,554 thousand in fiscal 2024, the increase was 6.5%, or $142,394 thousand.

10-KAnnual reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Jack Henry & Associates said total revenue in fiscal 2025 increased 7.2%, or $159,745 thousand, compared to fiscal 2024. Reducing total revenue for deconversion revenue of $33,905 thousand in fiscal 2025 and $16,554 thousand in fiscal 2024, the increase was 6.5%, or $142,394 thousand.

  2. The company said net income in fiscal 2025 grew 19.4% to $455,748 thousand, or $6.24 per diluted share, from $381,816 thousand, or $5.23 per diluted share, in fiscal 2024. It cited organic growth in its lines of revenue and a decrease in one-time severance expenses related to VEDIP as factors.

  3. Jack Henry & Associates said cash provided by operating activities in fiscal 2025 increased 12.9% compared to fiscal 2024. Financing activities used cash of $345,672 thousand, which included net repayments on credit facilities of $150,000 thousand and dividends paid to stockholders of $164,644 thousand.

  4. The company said the amended and restated credit facility and term loan each had a balance of $0 thousand as of June 30, 2025. As of June 30, 2024, the balances were $60,000 thousand and $90,000 thousand, respectively, and the term loan matured on May 16, 2025.

Key figures

Fiscal year ended June 30, 2025

Revenue
$2.4B
Operating income
$569M
Net income
$456M
EPS
$6.24
Operating cash flow
$642M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Annual total revenue increased 7.2%; deconversion revenue reduced, increase was 6.5%

Jack Henry & Associates said total revenue in fiscal 2025 increased 7.2%, or $159,745 thousand, compared to fiscal 2024. Reducing total revenue for deconversion revenue of $33,905 thousand in fiscal 2025 and $16,554 thousand in fiscal 2024, the increase was 6.5%, or $142,394 thousand.

Source · Based on the MD&A text of the filing

Net income grew 19.4%; diluted earnings per share $6.24

The company said net income in fiscal 2025 grew 19.4% to $455,748 thousand, or $6.24 per diluted share, from $381,816 thousand, or $5.23 per diluted share, in fiscal 2024. It cited organic growth in its lines of revenue and a decrease in one-time severance expenses related to VEDIP as factors.

Source · Based on the MD&A text of the filing

Operating cash flow increased 12.9%; financing activities used cash

Jack Henry & Associates said cash provided by operating activities in fiscal 2025 increased 12.9% compared to fiscal 2024. Financing activities used cash of $345,672 thousand, which included net repayments on credit facilities of $150,000 thousand and dividends paid to stockholders of $164,644 thousand.

Source · Based on the MD&A text of the filing

No balance outstanding under the amended and restated credit facility at June 30, 2025

The company said the amended and restated credit facility and term loan each had a balance of $0 thousand as of June 30, 2025. As of June 30, 2024, the balances were $60,000 thousand and $90,000 thousand, respectively, and the term loan matured on May 16, 2025.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.