Business
Jack Henry Announces Fiscal 2026 Second Quarter Deconversion Revenue Results
Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that deconversion revenue for the fiscal second quarter, ended Dec. 31, 2025, was $6.2 million. Based on these results, deconversion revenue estimates have been increased to $28 million for full year fiscal 2026 guidance. For more information about how guidance is developed for deconversion revenue estimates, please see Jack Henry's Current Report on Form 8-K filed with the Securities and Exchange Commission on Aug. 3, 2023.
About this update from Jack Henry & Associates, Inc.
[{"type":"text","content":"MONETT, Mo., Jan. 27, 2026 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that deconversion revenue for the fiscal second quarter, ended Dec. 31, 2025, was $6.2 million. Based on these results, deconversion revenue estimates have been increased to $28 million for full year fiscal 2026 guidance. For more information about how guidance is developed for deconversion revenue estimates, please see Jack Henry's Current Report on Form 8-K filed with the Securities and Exchange Commission on Aug. 3, 2023.","length":541,"tagName":"p"},{"type":"image","alt":"New Logo (PRNewsfoto/Jack Henry & Associates, Inc.)","displaySize":"","headline":null,"caption":"New Logo (PRNewsfoto/Jack Henry & Associates, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":170,"url":"https://media.zenfs.com/en/prnewswire.com/731135fc9ddf49eed46b82dfaab05ab5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/YhuRDmj8bTdpFWRfTUapyw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMwMDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/731135fc9ddf49eed46b82dfaab05ab5","width":400,"height":170}},"href":"https://mma.prnewswire.com/media/1868509/Jack_Henry_and_Associates_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The majority of deconversion revenue is generated when one of Jack Henry's clients agrees to be acquired by another financial institution, resulting in the termination of the client's contract with Jack Henry. In these circumstances, Jack Henry's recognition of deconversion revenue is driven by factors outside Jack Henry's control, and this revenue does not represent the true operations of Jack Henry's ongoing business of providing services to clients. As a result, Jack Henry excludes deconversion revenue from non-GAAP revenue reported in its quarterly and annual earnings releases.","length":608,"tagName":"p"},{"type":"text","content":"Statements made in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could c...