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Springfield, MO
Jack Henry & Associates Inc. (Nasdaq: JKHY) completed its latest fiscal year with a 19.4% increase in profits.
The Monett-based financial software company posted net income of $455.7 million, or $6.24 per diluted share, in fiscal 2025, which ended June 30, according to a news release. That's up from $381.8 million, or $5.23 per diluted share, in fiscal 2024.
Contributing to the fiscal year was fourth-quarter net income of $127.6 million, a 26.2% jump from a year earlier. Revenue rose 7.2% to $2.4 billion for the fiscal year and 9.9% to $615.4 million for the quarter.
"We again produced record revenue and operating income in fiscal year 2025," Jack Henry President and CEO Greg Adelson said in the release. "Our strong fourth-quarter sales wins for core, complementary and payment solutions, along with our ongoing success winning larger financial institutions and maintaining a very healthy pipeline for fiscal year 2026, demonstrate the continued strength in technology spending."
As of June 30, Jack Henry's assets were approximately $3 billion. The company has roughly 7,400 financial industry clients.
JKHY shares were trading at $165.35 as of 9:29 a.m., compared with a 52-week range of $157.80 to $196 per share.
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