Jack Henry & Associates Surges to 326th in Daily Rankings with $300 Million Turnover

On May 7, 2025, Jack Henry & Associates (JKHY) saw a significant increase in trading volume, with a turnover of $300 million, marking a 90.16% rise from the previous day. This surge placed JKHY at the 326th position in the daily stock market rankings. However, the stock price experienced a slight decline of 0.22%, marking the third consecutive day of decrease, with a total drop of 1.44% over the past three days.

Jack Henry & Associates reported third-quarter fiscal 2025 GAAP earnings of $1.52 per share, surpassing the consensus estimate by 17.83%. This figure represents a 27.7% year-over-year increase. The company's revenues for the quarter were $585.1 million, showing an 8.6% year-over-year growth. After adjusting for deconversion revenues of $9.6 million, non-GAAP revenues stood at $575.4 million, up 7% year over year.

Revenues from Services and Support, which accounted for 56.5% of total revenues, were $330.8 million, up 8.5% year over year. This growth was primarily driven by increases in data processing and hosting revenues. Processing revenues, constituting 43.5% of total revenues, were $254.3 million, up 8.9% year over year, driven by growth in card, transaction, digital, and payment processing revenues.

Core segment revenues were $180.7 million, up 8.4% year over year. Payments revenues were $217.4 million, a 7.7% increase year over year. Complementary revenues were $167.4 million, up 12.2% year over year. Corporate and Other revenues were $19.5 million, down 6.2% year over year.

Jack Henry & Associates' adjusted EBITDA for the fiscal third quarter was $182.9 million, up 12.8% year over year. The adjusted EBITDA margin expanded by 160 basis points to 31.8%. Adjusted operating income increased 17.6% year over year to $131.9 million, with the adjusted operating margin increasing by 210 basis points to 22.9%.

As of March 31, 2025, JKHY's cash and cash equivalents were $39.9 million, compared to $25.7 million as of December 31, 2024. Current and long-term debt was $170 million as of March 31, 2025, higher than $150 million as of December 31, 2024.

For fiscal 2025, Jack Henry & Associates lowered its GAAP revenue guidance to $2.37-$2.35 billion, down from the prior quarter's view of $2.39-$2.37 billion. The company expects non-GAAP revenues of $2.34-$2.33 billion for fiscal 2025, revised down from the previous guidance of $2.38-$2.35 billion. The GAAP operating margin is anticipated between 23.7% and 23.5%. The adjusted operating margin is expected between 23.1% and 23%.

Management expects GAAP earnings for fiscal 2025 to be $6.09-$6.00 per share, up from the previously stated $5.87-$5.79. Non-GAAP earnings for fiscal 2025 are projected to be $5.87-$5.83 per share, raised from the previously mentioned $5.74-$5.65. The company reported growth in recurring revenue, cloud services, and payment solutions for the third quarter of 2025.