Jack Henry & Associates
American financial technology company
From Wikipedia, the free encyclopedia
Jack Henry & Associates, also known as Jack Henry, is an American financial technology company that provides a broad range of technology solutions and payment processing services primarily for community and regional banks and credit unions.[3] Its offerings include core processing platforms, digital and mobile banking products, payment products, and related software and services delivered through on-premises, private-cloud, and public-cloud environments.[3] The company serves approximately 7,400 financial institutions and other corporate entities.[3] Jack Henry stock trades on the NASDAQ exchange under the symbol JKHY, and is a component of the S&P 500.[3]
 | |
| Type | Public |
|---|---|
| Founded | 1976, in Monett, Missouri |
| Founders | Jack Henry and Jerry Hall |
| Headquarters | Monett, Missouri, U.S. |
Key people | |
| Revenue |  US$2.38 billion(2025) |
| US$569 million (2025) | |
| US$456 million (2025) | |
| Total assets | US$3.04 billion (2025) |
| Total equity | US$2.13 billion (2025) |
Number of employees | ~7,240 (2025) |
| Website | jackhenry |
| Footnotes [3] | |
History
Jack Henry was founded in 1976 by Jack Henry and Jerry Hall, who initially rented space in an engine repair shop for $40 a month. The company was incorporated in 1977 and generated $115,222 in revenue that year.[4]
In 1985, an initial public offering made Jack Henry a public company trading 3,125,000 common shares on the NASDAQ exchange under the symbol JKHY.[4]
In 1992, Jack Henry began acquiring companies to expand its product offering and client base. Three years later, the company added a core outsourcing option through an acquisition.
In 2000, Jack Henry acquired San Diego-based Symitar and became a significant provider in the credit union market.
In 2004, Jack Henry launched ProfitStars.
In 2012, Jack Henry surpassed $1 billion in annual revenue. The company crossed $2 billion in annual revenue in fiscal 2023, reporting $2.08 billion in revenue for the year ended June 30, 2023, compared with $1.94 billion in fiscal 2022.[5]
In November 2018, S&P Dow Jones Indices announced that Jack Henry & Associates would be added to the S&P 500.[6]
In 2021, the company was recognized by Forbes as one of America's "Best Large Employers" for the fourth time.[7]
In 2022, Jack Henry introduced a new brand. On August 31, 2022, it acquired Payrailz, a digital payments company, for $230.2 million.[4][3]
On September 30, 2025, Jack Henry acquired substantially all the assets of Victor Technologies, an embedded payments technology provider, for $42.39 million in cash.[8]
In 2026, Jack Henry marked its 50th anniversary as a company. As of March 31, 2026, it employed approximately 7,300 full-time and part-time associates nationwide.[8][better source needed]
In 2026, Jack Henry was included in three Newsweek workplace rankings: America's Greatest Workplaces, America's Greatest Workplaces in Financial Services, and America's Greatest Workplaces by State for Missouri. The company received five-star ratings in the national and financial-services rankings and a four-and-a-half-star rating in the Missouri ranking.[9][10][11]
Finance
The key financial trends for Jack Henry & Associates, Inc. are as follows, based on selected fiscal years:[12]
| Year | Revenue (USD million) | Gross Profit (USD million) | Net Income (USD million) |
|---|---|---|---|
| 1994 | 38.4 | 17.9 | 6.3 |
| 2000 | 225.3 | 113.6 | 34.0 |
| 2006 | 592.2 | 256.4 | 89.9 |
| 2010 | 836.6 | 345.1 | 117.8 |
| 2014 | 1210 | 518.6 | 201.1 |
| 2018 | 1540 | 662.9 | 376.6 |
| 2020 | 1700 | 688.6 | 296.6 |
| 2024 | 2220 | 916.1 | 381.8 |
| 2025[3] | 2375 | 1015 | 456 |
For the third quarter of fiscal 2026, ended March 31, 2026, Jack Henry reported revenue of $636.2 million, up 8.7% from the same quarter in fiscal 2025, and net income of $122.9 million, or $1.71 per diluted share. Services and support revenue increased 10.4% to $365.1 million, while processing revenue increased 6.6% to $271.1 million.[8]