$JKHY · JACK HENRY & ASSOCIATES INC
Jack Henry & Associates reported Q1 FY2027 results with GAAP revenue of $701.5M (+8.8% YoY) and GAAP diluted EPS of $2.28 (+15.6% YoY). The company raised full-year FY2027 guidance to GAAP revenue of $2,698M-$2,718M and GAAP EPS of $7.47-$7.51, exceeding prior consensus expectations.
- GAAP revenue of $701.5M, up 8.8% YoY; non-GAAP adjusted revenue up 7.2% to $682.2M.
- GAAP diluted EPS of $2.28 vs $1.97 in prior year quarter, a 15.6% increase.
- Operating margin expanded to 29.5% from 28.5% a year ago; non-GAAP adjusted operating margin 28.2%.
- Faster payments revenue surged 43.8% YoY; digital and transaction revenue up 13.3%; card revenue up 9.4%.
- Full-year FY2027 guidance: GAAP revenue $2,698M-$2,718M, GAAP EPS $7.47-$7.51, both above prior outlook.
Extended-hours trading shows JKHY at $165.83, up +2.58% vs the regular close of $161.66, reflecting a positive initial reaction to the beat-and-raise quarter.
A clean beat-and-raise from a $11.3B fintech leader with accelerating payments and cloud revenue, confirming strong demand and operating leverage in the model.
Jack Henry's 43.8% faster payments growth and 11.3% cloud services expansion underscore the ongoing fintech shift toward real-time payments and cloud migration, trends driving the broader financial technology sector.
Debt outstanding jumped to $85M from $20M a year ago (325% increase), while cash and equivalents fell 30% to $25.4M. Higher cloud consumption costs including AI and security spending are pressuring cost of revenue.