Jack Henry & Associates Q2 Earnings Call Highlights

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MarketBeat

Wed, February 4, 2026 astatine 10:22 AM CST 9 min read

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Jack Henry reported a grounds Q2 with non-GAAP gross of $611M (+6.7% YoY), a 25.1% non-GAAP operating margin (+355 bps), GAAP EPS $0.72 (+29%), raised fiscal‑2026 guidance (non‑GAAP gross to 6.4–7.1% growth; GAAP EPS $6.61–6.72), and beardown currency procreation (Q2 operating currency travel $153M, escaped currency travel $103M).
Sales momentum and marketplace stock gains were notable: the institution logged 22 competitory halfway wins (68% of caller halfway wins included some integer and card), and absorption highlighted multi‑year marketplace stock increases (core stock up 17% for banks and 40% for recognition unions implicit 8 years), with rival consolidation boosting pipeline activity.
Product initiatives are gaining traction: the cloud‑native merchant acquiring solution Tap2Local is being rolled retired (hundreds of clients unrecorded and a program to adhd 100–150/month), Rapid Transfers is unrecorded with 75 clients, Jack Henry is beta investigating USDC stablecoin payments and evaluating 20+ partners, and the Victor Technologies acquisition is being integrated to grow embedded payments and APIs.
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Jack Henry & Associates (NASDAQ:JKHY) reported what absorption called a grounds 2nd 4th for fiscal 2026, highlighting coagulated gross growth, meaningful operating borderline expansion, and beardown competitory income execution. Executives besides raised full-year guidance for a 2nd consecutive time, citing continued request from banks and recognition unions, a steadfast pipeline crossed halfway and ancillary products, and improving visibility into escaped currency flow.

President and CEO Greg Adelson said the institution produced grounds second-quarter results with non-GAAP gross of $611 million, up 6.7% twelvemonth implicit year. Non-GAAP operating borderline was 25.1%, representing 355 ground points of enlargement versus the prior-year quarter.

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CFO and Treasurer Mimi Carsley added that GAAP gross accrued 8% successful the 4th and fiscal year-to-date, portion non-GAAP gross accrued 7% for the 4th and 8% for the year. Carsley noted quarterly maturation was negatively affected by the displacement of the company’s Connect lawsuit league into the archetypal 4th from the 2nd quarter; excluding that timing impact, she said non-GAAP gross maturation would person been astir 8% for the quarter.

Total recurring gross exceeded 92%, according to Carsley. Cloud gross roseate 8% successful the 4th and represented 33% of full revenue. Processing revenue, which represented 44% of full revenue, grew 9% connected a GAAP ground and 8% connected a non-GAAP basis, driven by accrued digital, card, and faster outgo processing revenue.