JKHYJack Henry & Associates
Jack Henry & Associates, Inc.® is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. 10-K, Item 1
- Employees
- 7,300
- Headquarters
- Monett, MO
- CEO
- Gregory R. Adelson
- Next results
- around Jan 26, 2027
5 paragraphs in Risk Factors of the 10-K filed Aug 28, 2026 with nothing like them in the 10-K filed Aug 25, 2025. Quoted exactly. Paragraphs that were only edited are under 10-K change.
Compared with the Risk Factors in the latest 10-K of the other 75 Financials companies: a paragraph with at least half its words the same at another company is called similar, and the companies are listed under it. A paragraph most of them have is marked boilerplate. No line means no other company has one like it. This counts text; it does not say how serious a risk is.
Like other financial institution service providers, we continually face third-party attempts to discover and exploit system weaknesses or to circumvent our security measures. We regularly experience attacks and other malicious activities targeting our systems, services, infrastructure, and data, as well as those of our clients, third-party service providers, and other vendors. These activities continue to increase in frequency and sophistication. Despite implementing security controls and infrastructure designed to protect our systems and data, we have experienced cybersecurity incidents in the past and may experience them in the future. We cannot be certain that our efforts will be sufficient to combat all current and future technological risks and threats. These risks are further heightened by
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successfully compete. Emerging technologies, evolving payment methods, and changing client preferences may alter how financial services products and services are delivered and consumed and could reduce demand for certain existing solutions or displace portions of traditional technology and payment processing models. If we are unable to adapt our products and services to these developments in a timely and cost-effective manner, our competitive position, revenues, growth prospects, and results of operations could be adversely affected. In addition, increased adoption of specialized point solutions may reduce demand for broader integrated offerings and result in the replacement of components of our existing product suite.
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us to reputational harm, regulatory action, or litigation, which may harm our financial condition and operating results. These same risks apply to our third-party service providers who are implementing these tools into the products or services they provide to us. Any failures to manage and mitigate these risks by these third-party service providers may negatively affect the products and services we provide our clients.
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Moreover, the legislative and regulatory landscape continues to evolve to include alternative payment types, including digital and cryptocurrencies. The regulatory environment for crypto assets, stablecoins, and digital currencies is rapidly evolving, with increased oversight from federal and state regulatory agencies. Recent developments, including the GENIUS Act, and other legislative initiatives, bring increased oversight and more robust compliance obligations including consumer protection, anti-money laundering, sanctions compliance, operational resilience and recordkeeping requirements. We closely monitor legislative and regulatory changes to ensure any existing or new business models, product offerings, and risk and compliance programs adapt to new requirements. Any failure to comply with such laws and regulations could expose us to liability, regulatory scrutiny and/or reputational damage. Rapid changes to cryptocurrency laws and regulations could increase the costs and complexity of compliance, including associated recordkeeping costs, or could require us to change our business practices in a timeframe or manner adverse to our business. As we make significant investments in research, development, and marketing for new products in emerging technologies in an uncertain and rapidly changing regulatory landscape, we may not achieve immediate or expected returns.
Similar paragraph at 1 of 75 other Financials companies: FISRead in the 10-K ↗
Our selective pursuit of strategic transactions may be limited by market conditions, which could impact our ability to complement our organic growth. While our primary growth strategy focuses on organic initiatives, we may from time to time selectively evaluate and pursue strategic transactions, including acquisitions, to complement our existing business. We have historically augmented the growth of our business with a number of acquisitions and our current strategy prioritizes a disciplined and selective approach to such transactions. A successful selective transaction strategy depends on our ability to identify, negotiate, and finance suitable opportunities on favorable terms. However, intense competition, from both within and outside our industry, for attractive acquisition opportunities may increase purchase prices and reduce the availability of transactions that meet our investment criteria, which could adversely affect our ability to complement our organic growth strategy through acquisitions.
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New in the latest 10-Q
6 paragraphs in the 10-Q filed Nov 6, 2026 with nothing like them in the 10-Q filed May 7, 2026 (at least half the words must differ; new numbers alone do not count). Quoted exactly, grouped by the item heading above them. This is text that changed, not a judgement of how serious it is.
Financial statements and notes
JACK HENRY & ASSOCIATES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (In Thousands, Except Per Share Data) Three Months Ended September 30, 2026 2025 REVENUE $ 701,547 $ 644,738 EXPENSES Cost of Revenue 376,046 348,566 Research and Development 45,781 39,278 Selling, General, and Administrative 72,649 72,829 Total Expenses 494,476 460,673 OPERATING INCOME 207,071 184,065 INTEREST INCOME Interest Income 5,092 7,139 Interest Expense (1,528) (886) Total Interest Income 3,564 6,253 INCOME BEFORE INCOME TAXES 210,635 190,318 PROVISION FOR INCOME TAXES 50,223 46,332 NET INCOME $ 160,412 $ 143,986 Basic earnings per share $ 2.29 $ 1.98 Basic weighted average shares outstanding 70,054 72,751 Diluted earnings per share $ 2.28 $ 1.97 Diluted weighted average shares outstanding 70,262 72,909
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JACK HENRY & ASSOCIATES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) (In Thousands, Except Share and Per Share Data) Three Months Ended September 30, 2026 2025 PREFERRED SHARES: — — COMMON SHARES: Shares, beginning of period 104,597,621 104,415,989 Shares issued for equity-based payment arrangements 84,523 72,784 Shares issued for Employee Stock Purchase Plan 25,803 24,084 Shares, end of period 104,707,947 104,512,857 COMMON STOCK - PAR VALUE $0.01 PER SHARE: Balance, beginning of period $ 1,046 $ 1,044 Shares issued for equity-based payment arrangements 1 1 Shares issued for Employee Stock Purchase Plan — — Balance, end of period $ 1,047 $ 1,045 ADDITIONAL PAID-IN CAPITAL: Balance, beginning of period $ 689,135 $ 652,218 Shares issued for equity-based payment arrangements (1) (1) Tax withholding related to share-based compensation (6,983) (6,706) Shares issued for Employee Stock Purchase Plan 3,022 3,095 Stock-based compensation expense 4,914 6,317 Balance, end of period $ 690,087 $ 654,923 RETAINED EARNINGS: Balance, beginning of period $ 3,705,165 $ 3,372,794 Net income 160,412 143,986 Dividends (42,768) (42,145) Balance, end of period $ 3,822,809 $ 3,474,635 TREASURY STOCK: Balance, beginning of period $ (2,343,397) $ (1,895,224) Purchase of treasury shares (70,903) (62,045) Balance, end of period $ (2,414,300) $ (1,957,269) TOTAL STOCKHOLDERS' EQUITY $ 2,099,643 $ 2,173,334 Dividends declared per share $ 0.61 $ 0.58
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*Formerly referred to as “Private and Public Cloud”. The Company changed the name of the type of revenue to Cloud Services beginning in the first quarter of fiscal 2027 to simplify presentation and improve clarity. This change does not represent any change to the products or services offered by the Company or to previously reported financial results, and prior period amounts are presented on a consistent basis.
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our Connect conference. Selling, general, and administrative expense decreased 1% as a percentage of total revenue compared to the prior fiscal year first quarter.
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many can be used independently. The Corporate Services segment includes revenue and direct costs from hardware and other products and services and our technology infrastructure costs.
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We believe that cash generated from operating activities, together with existing cash balances and amounts available under financing activities, will be sufficient to meet our anticipated working capital, capital expenditure, dividend, debt service, and other cash requirements for at least the next 12 months and over the longer term.
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The 10-Q's risk factors against the 10-K
Item 1A of the 10-Q filed Nov 6, 2026 against Item 1A of the 10-K filed Aug 28, 2026.
A 10-Q repeats only the risks that changed, so a 10-K paragraph that is missing from it is not counted as removed.
Added is a paragraph with nothing like it in the 10-K, Reworded a sentence that is in both with several words changed,
Quiet changes a sentence in both where one to four words changed and one is a hedge or a modal
(cut words struck through, new words highlighted and underlined).
Text on the page, not a score; each links to the filing at sec.gov.
This 10-Q has no Item 1A (Risk Factors) text of its own, so there is nothing to compare. Many companies leave it out when their risks have not changed.
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