Jack Henry Reports Strong First Quarter Deconversion Revenue for Fiscal Year 2027

On October 29, 2026, Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced significant results for its first fiscal quarter, ending on September 30, 2026. The company reported a deconversion revenue of $17.9 million for the quarter. This figure has led to an impressive projection for the entire fiscal year 2027, estimating the deconversion revenue to reach approximately $30 million.

The deconversion revenue primarily stems from situations where one of Jack Henry's clients is acquired by another financial institution. This often results in the termination of the client’s contract with Jack Henry, subsequently generating deconversion revenue for the company. This type of revenue is influenced by factors beyond Jack Henry's control. Thus, it is important to understand that deconversion revenue does not reflect the company's actual business operations when providing services to its clients.

To ensure a clear perspective, Jack Henry chooses to exclude deconversion revenue from its non-GAAP revenue reports that are released quarterly and annually. This method allows the company to present a more accurate depiction of its core business performance.

Understanding Jack Henry & Associates, Inc.

Jack Henry & Associates, Inc. is a prominent financial technology firm that significantly enhances the connections between financial institutions and the communities they serve. Listed on the S&P 500, Jack Henry has established a reputation for fostering an environment of openness, collaborative efforts, and a commitment to user-centric innovation.

For over 50 years, the company has offered comprehensive technology solutions aimed at enabling clients to innovate more rapidly, strategically differentiate themselves in the market, and effectively compete in providing services that meet the dynamic needs of their account holders. Currently, Jack Henry supports over 7,200 clients with innovative solutions designed to help reduce barriers to financial health. Through a blend of people-inspired innovation and personalized service, the firm has remained a leader in the fintech industry.

In addition to current results, Jack Henry's commitment extends towards an ecosystem of modern capabilities that are both internally developed and able to integrate seamlessly with leading fintech solutions. This unified approach not only helps their clients but also enriches the financial technology landscape overall.

For more detailed insights, Jack Henry encourages interested parties to review their Current Report on Form 8-K, filed with the Securities and Exchange Commission on August 3, 2023. This document provides thorough guidance on the assumptions underlying the deconversion revenue estimates, giving stakeholders a clearer understanding of the expectations for the financial year ahead.

In conclusion, Jack Henry's reported deconversion revenue not only showcases its robust financial performance but also underscores the firm's innovative spirit in providing essential technology solutions and services within the financial sector, a commitment that will likely continue to define its trajectory in the coming years.

For additional information and updates, please visit Jack Henry’s official website.