Jack Henry Q2 adjusted revenue slightly beats expectations

Jack Henry & Associates

03/02/2026 21:24

Overview

Financial technology provider's fiscal Q2 GAAP revenue rose 7.9% yr/yr

Non-GAAP adjusted revenue for Q2 slightly beat analyst expectations

GAAP EPS for Q2 grew 28.6% yr/yr

Outlook

Jack Henry projects fiscal 2026 GAAP revenue between $2,508 mln and $2,525 mln

Company expects fiscal 2026 GAAP EPS to range from $6.61 to $6.72

Jack Henry anticipates fiscal 2026 non-GAAP adjusted revenue between $2,474 mln and $2,491 mln

Result Drivers

CLOUD AND FASTER PAYMENTS - Growth in cloud-native solutions and faster payments products drove revenue increases

REDUCED EXPENSES - Lower selling, general, and administrative expenses due to decreased travel and entertainment costs and gains on asset sales

SEGMENT GROWTH - Core, payments, and complementary segments all showed revenue growth, contributing to overall performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$619.30 mln
Q2 Adjusted Revenue
Slight Beat*
$611.20 mln
$608.93 mln (13 Analysts)
Q2 EPS
$1.72
Q2 Operating Margin
25.70%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Jack Henry & Associates Inc is $200.00, about 11.6% above its February 2 closing price of $179.18

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nPnc3bNHxa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)