Jack Henry & Associates Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Jack Henry & Associates (JKHY) reported first-quarter fiscal 2026 GAAP earnings of $1.97 per share, beating the Zacks Consensus Estimate by 20.1%. The figure jumped 20.9% year over year.Jack Henry & Associates’ revenues of $644.7 million beat the Zacks Consensus Estimate by 1.2%. The figure increased 7.3% year over year.After adjusting for deconversion revenues of $8.6 million, non-GAAP revenues were $636.1 million, up 8.7% year over year.Following the release, JKHY shares fell 1.50% in the after-market trading hours. However, shares of Jack Henry & Associates have lost 13% in the year-to-date period compared with the Zacks Computers - IT Services industry’s decline of 14.4%.Jack Henry & Associates, Inc. Price, Consensus and EPS Surprise Jack Henry & Associates, Inc. price-consensus-eps-surprise-chart | Jack Henry & Associates, Inc. QuoteJKHY’s Q1 Top-Line DetailsRevenues from Services and Support (58.5% of total revenues) were $376.8 million, up 5.7% year over year, primarily driven by growth in data processing and hosting revenues. The figure missed the consensus mark of $379 million.First-quarter fiscal 2025 revenues from Processing (41.5% of total revenues) were $267.9 million, up 9.7% year over year, primarily driven by growth in card, transaction and digital, and payment processing revenues. The figure surpassed the consensus mark of $257 million.Revenues from Core segments (30.3% of total revenues) in the first quarter of fiscal 2025 were $195.3 million, up 0.5% year over year. Revenues from Payments (35.8% of total revenues) were $230.9 million, which rose 9% year over year. Revenues from Complementary (30.1% of total revenues) were $194.2 million, up 10.2% year over year.Revenues from Corporate and Other (3.8% of total revenues) were $24.3 million, up 31.6% year over year.JKHY’s fiscal first-quarter adjusted EBITDA was $225 million, up 14.6% year over year. The adjusted EBITDA margin expanded 220 basis points (bps) year over year to 34.9%.Adjusted operating income increased 18.6% year over year to $173.2 million. The adjusted operating margin increased 220 bps year over year to 27.2%.Jack Henry & Associates’ Balance Sheet & Cash FlowAs of Sept. 30, 2025, JKHY’s cash and cash equivalents were $36.2 million compared with $102 million as of June 30, 2025.JKHY Updates 2026 GuidanceFor fiscal 2026, Jack Henry & Associates updated its GAAP revenue guidance to $2.51-$2.49 billion, up from its previous guidance of $2.50-$2.48 billion.JKHY expects non-GAAP revenues of $2.48-$2.46 billion compared with its previous guidance of $2.48-$2.45 billion for fiscal 2026.The Zacks Consensus Estimate for revenues is pegged at $2.49 billion, suggesting a year-over-year rise of 4.9%.The GAAP operating margin is anticipated between 24.1% and 23.9% compared with its previous guidance of 24.2-24%. The adjusted operating margin is expected to be between 23.7% and 23.5%, up from the previous guidance of 23.6-23.4%.Management expects GAAP earnings in the range of $6.49-$6.38, up from its previous guidance of $6.44-$6.32 per share for fiscal 2026.The Zacks Consensus Estimate for earnings is pegged at $6.22 per share, indicating a year-over-year decrease of 0.3%.Zacks Rank & Other Stocks to ConsiderCurrently, JKHY carries a Zacks Rank #2 (Buy).Reddit Inc. (RDDT), Credo Technology Group (CRDO) and Amphenol (APH) are some other top-ranked stocks that investors can consider in the Zacks Computer and Technology sector. Impinj, Credo Technology Group and Amphenol sport a Zacks Rank #1 (Strong Buy) each at present. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Reddit Inc.’s full-year 2025 earnings is pegged at $2.01 per share, revised upward by 6.9% over the past seven days and suggests a year-over-year increase of 160.4%. Reddit shares have soared 14.9% year to date.The Zacks Consensus Estimate for Credo Technology Group’s fiscal 2026 earnings has been revised upward by a cent over the past 30 days to $2.04 per share, calling for an increase of 191.4% year over year. Credo Technology Group shares have rallied 144.3% year to date.The Zacks Consensus Estimate for Amphenol’s full-year 2025 earnings has been revised upward to $3.22 per share from $3.03 per share over the past 30 days, implying 70.4% year-over-year growth. Amphenol shares have risen 96.8% year to date.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amphenol Corporation (APH): Free Stock Analysis Report Jack Henry & Associates, Inc. (JKHY): Free Stock Analysis Report Credo Technology Group Holding Ltd. (CRDO): Free Stock Analysis Report Reddit Inc. (RDDT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks