Jack Henry (Nasdaq: JKHY) reports $42.8M fiscal 2026 deconversion revenue
Rhea-AI Filing Summary
Jack Henry & Associates, Inc. reported deconversion revenue for the fiscal fourth quarter ended June 30, 2026 of $9.3 million, and a fiscal 2026 full-year deconversion revenue total of $42.8 million. Deconversion revenue is largely generated when a Jack Henry client agrees to be acquired by another financial institution and subsequently terminates its contract with Jack Henry.
The company notes that recognition of this revenue is driven by factors outside its control and does not reflect the core, ongoing operations of providing services to clients. Accordingly, Jack Henry excludes deconversion revenue from the non-GAAP revenue it reports in quarterly and annual earnings releases.
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8-K Event Classification
2 items: 2.02, 9.01
2 items
Item 2.02
Results of Operations and Financial Condition
Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Q4 2026 deconversion revenue: $9.3 million
Fiscal 2026 deconversion revenue: $42.8 million
Clients served: approximately 7,400
+1 more
4 metrics
Q4 2026 deconversion revenue
$9.3 million
Fiscal fourth quarter ended June 30, 2026
Fiscal 2026 deconversion revenue
$42.8 million
Total deconversion revenue for fiscal year 2026
Clients served
approximately 7,400
Financial institution clients empowered with Jack Henry solutions
Years in operation
50 years
Period Jack Henry has provided technology solutions
Key Terms
deconversion revenue, non-GAAP revenue, financial technology company, S&P 500
4 terms
deconversion revenue financial
"Jack Henry Announces Fiscal 2026 Fourth Quarter and Full-Year Deconversion Revenue Results"
non-GAAP revenue financial
"Jack Henry excludes deconversion revenue from non-GAAP revenue reported in its quarterly and annual earnings releases"
Non-GAAP revenue is a company’s sales figure that has been adjusted by management to remove certain items—such as one-time gains or accounting quirks—so the result is intended to show the company’s underlying sales performance. Investors watch it because it can make trends easier to see, like wiping mud off a windshield to view the road, but the adjustments differ by company so you must check what was excluded before comparing figures.
financial technology company financial
"Jack Henry is a well-rounded financial technology company that strengthens connections between financial institutions"
A financial technology company builds software and digital services that help people and businesses manage money, make payments, lend, invest, insure, or handle banking tasks more quickly and cheaply than traditional methods. For investors, these firms can offer fast growth or disruptive risk because they mix technology with regulated finance — like a new, faster checkout lane at a busy store that can attract more customers but may also face changing rules or competition.
S&P 500 financial
"We are an S&P 500 company that prioritizes openness, collaboration, and user centricity"
The S&P 500 is a broad stock market index that tracks the performance of 500 large U.S. companies, weighted so bigger firms have a larger impact. Investors use it like a thermometer or benchmark to judge how the overall U.S. stock market or a portfolio is doing; movements in the index influence investor sentiment, fund performance, and many passive investment products that aim to match its returns.
Earnings Snapshot
Q4 2026 deconversion revenue: $9.3 million · Guidance included
Fiscal fourth quarter and full fiscal year ended June 30, 2026
Q4 2026 deconversion revenue
$9.3 million
Fiscal 2026 deconversion revenue
$42.8 million
Guidance
The company refers readers to prior SEC filings for details on how deconversion revenue guidance is developed.
FAQ
What deconversion revenue did Jack Henry (JKHY) report for fiscal Q4 2026?
Jack Henry reported $9.3 million in deconversion revenue for the fiscal fourth quarter ended June 30, 2026. This revenue stems primarily from client contract terminations following acquisitions by other financial institutions.
What was Jack Henry’s (JKHY) total deconversion revenue for fiscal year 2026?
For fiscal year 2026, Jack Henry reported total deconversion revenue of $42.8 million. This figure aggregates deconversion revenue across the full year, including the $9.3 million recognized in the fiscal fourth quarter.
How does Jack Henry (JKHY) treat deconversion revenue in non-GAAP reporting?
Jack Henry excludes deconversion revenue from non-GAAP revenue in its quarterly and annual earnings releases. The company views this revenue as non-core and driven by client acquisition activity beyond its control.
What drives deconversion revenue for Jack Henry (JKHY)?
Deconversion revenue is mainly generated when a Jack Henry client is acquired by another financial institution, leading to termination of the client’s contract. Revenue recognition in these situations depends on events outside Jack Henry’s control.
Why does Jack Henry (JKHY) say deconversion revenue is not reflective of its ongoing business?
Jack Henry states deconversion revenue is triggered by client acquisitions and contract terminations, not by regular service delivery. Therefore it believes this revenue does not represent its ongoing operations of providing technology and services to financial institution clients.
AI-generated analysis. How Rhea-AI works. Not financial advice.
