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// Workers AI · dad joke modeDoes Jack Henry & Associates make good cash handlers? They associate well with money.

From Wikipedia, the free encyclopedia
(Redirected from Netteller)
Jack Henry
TypePublic
Founded1976; 50 years ago (1976), in Monett, Missouri
FoundersJack Henry and Jerry Hall
HeadquartersMonett, Missouri, U.S.
Key people
RevenueIncrease US$2.38 billion
(2025)
Increase US$569 million
(2025)
Increase US$456 million
(2025)
Total assetsIncrease US$3.04 billion
(2025)
Total equityIncrease US$2.13 billion
(2025)
Number of employees
~7,240 (2025)
Websitejackhenry.com
Footnotes
[3]

Jack Henry & Associates, also known as Jack Henry, is an American financial technology company that provides a broad range of technology solutions and payment processing services primarily for community and regional banks and credit unions.[3] Its offerings include core processing platforms, digital and mobile banking products, payment products, and related software and services delivered through on-premises, private-cloud, and public-cloud environments.[3] The company serves approximately 7,200 financial institutions and other corporate entities.[3] Jack Henry stock trades on the NASDAQ exchange under the symbol JKHY, and is a component of the S&P 500.[3]

History

[edit]

Jack Henry was founded in 1976 by Jack Henry and Jerry Hall, who initially rented space in an engine repair shop for $40 a month. The company was incorporated in 1977 and generated $115,222 in revenue that year.[4]

In 1985, an initial public offering made Jack Henry a public company trading 3,125,000 common shares on the NASDAQ exchange under the symbol JKHY.[4]

In 1992, Jack Henry began acquiring companies to expand its product offering and client base. Three years later, the company added a core outsourcing option through an acquisition.

In 2000, Jack Henry acquired San Diego-based Symitar and became a significant provider in the credit union market.

In 2004, Jack Henry launched ProfitStars.

In 2012, Jack Henry surpassed $1 billion in annual revenue. The company crossed $2 billion in annual revenue in fiscal 2023, reporting $2.08 billion in revenue for the year ended June 30, 2023, compared with $1.94 billion in fiscal 2022.[5]

In November 2018, S&P Dow Jones Indices announced that Jack Henry & Associates would be added to the S&P 500.[6]

In 2021, the company was recognized by Forbes as one of America's "Best Large Employers" for the fourth time.[7]

In 2022, Jack Henry introduced a new brand. On August 31, 2022, it acquired Payrailz, a digital payments company, for $230.2 million.[4][3]

On September 30, 2025, Jack Henry acquired substantially all the assets of Victor Technologies, an embedded payments technology provider, for $42.39 million in cash.[8]

In 2026, Jack Henry marked its 50th anniversary as a company. As of March 31, 2026, it employed approximately 7,300 full-time and part-time associates nationwide.[8][better source needed]

In 2026, Jack Henry was included in three Newsweek workplace rankings: America's Greatest Workplaces, America's Greatest Workplaces in Financial Services, and America's Greatest Workplaces by State for Missouri. The company received five-star ratings in the national and financial-services rankings and a four-and-a-half-star rating in the Missouri ranking.[9][10][11]

Finance

[edit]

The key financial trends for Jack Henry & Associates, Inc. are as follows, based on selected fiscal years:[12]

YearRevenue
(USD million)
Gross Profit
(USD million)
Net Income
(USD million)
199438.417.96.3
2000225.3113.634.0
2006592.2256.489.9
2010836.6345.1117.8
20141210518.6201.1
20181540662.9376.6
20201700688.6296.6
20242220916.1381.8
2025[3]23751015456
2026[13] 2544 1111 503

For fiscal 2026, GAAP revenue increased 7.1% and GAAP operating income increased 11.7% for the fiscal year ended June 30, 2026, compared to the prior fiscal year. Non-GAAP adjusted revenue increased 7.3% and non-GAAP adjusted operating income increased 11.6% for the fiscal year ended June 30, 2026, compared to the prior fiscal year.1

GAAP EPS was $6.98 per diluted share for the fiscal year ended June 30, 2026, compared to $6.24 per diluted share in the prior fiscal year representing growth of 11.9%. Cash and cash equivalents were $12.1 million at June 30, 2026, and $102.0 million at June 30, 2025.

Debt outstanding for credit facilities was $40 million at June 30, 2026, and $0 at June 30, 2025. Stock repurchases for fiscal year ended June 30, 2026, were $448 million at an average price of $152 per share.ended March 31, 2026, Jack Henry reported revenue of $636.2 million, up 8.7% from the same quarter in fiscal 2025, and net income of $122.9 million, or $1.71 per diluted share. Services and support revenue increased 10.4% to $365.1 million, while processing revenue increased 6.6% to $271.1 million.[14]

References

[edit]
  1. 1 2 "Management". Jack Henry & Associates Investor Relations. Retrieved July 6, 2026.
  2. ↑ "Board of Directors". Jack Henry & Associates Investor Relations. Retrieved July 6, 2026.
  3. 1 2 3 4 5 6 7 "Jack Henry & Associates, Inc. 2025 Form 10-K". U.S. Securities and Exchange Commission. August 25, 2025. Retrieved July 6, 2026.
  4. 1 2 3 "Who We Are". Jack Henry. Retrieved July 9, 2026.
  5. ↑ "Jack Henry & Associates, Inc. 2023 Form 10-K". U.S. Securities and Exchange Commission. August 24, 2023. Retrieved July 6, 2026.
  6. ↑ "Jack Henry & Associates Set to Join S&P 500; EQT, Equitrans Midstream, MasTec to Join S&P MidCap 400; Superior Energy Services, United Natural Foods to Join S&P SmallCap 600" (PDF). S&P Dow Jones Indices. November 7, 2018. Retrieved July 6, 2026.
  7. ↑ "Jack Henry and Associates recognized by Forbes as one of America's Best Large Employers for the fourth time". www.cuinsight.com. March 2021. Retrieved 2023-12-09.
  8. 1 2 "Jack Henry & Associates, Inc. 2026 Form 10-Q". U.S. Securities and Exchange Commission. May 7, 2026. Retrieved July 6, 2026.
  9. ↑ "America's Greatest Workplaces 2026". Newsweek Rankings. Retrieved July 6, 2026.
  10. ↑ "America's Greatest Workplaces in Financial Services 2026". Newsweek Rankings. Retrieved July 6, 2026.
  11. ↑ "America's Greatest Workplaces by State 2026: Missouri". Newsweek Rankings. Retrieved July 6, 2026.
  12. ↑ "Jack Henry & Associates Financial Overview". Smartfin. Retrieved 4 August 2025.
  13. ↑ "Jack Henry & Associates, Inc. Reports Fourth Quarter and Full Year Fiscal 2026 Results | Jack Henry & Associates, Inc". ir.jackhenry.com. Retrieved 2026-08-27.
  14. ↑ "Jack Henry & Associates, Inc. Reports Fourth Quarter and Full Year Fiscal 2026 Results | Jack Henry & Associates, Inc". ir.jackhenry.com. Retrieved 2026-08-27.
[edit]
  • Business data for Jack Henry & Associates, Inc.: