Business UpdateAug 11, 2026, 05:27 PM
Jack Henry FY26 Deconversion Revenue $42.8M; Q4 $9.3M
AI Summary
Jack Henry & Associates, Inc. announced its deconversion revenue for the fiscal fourth quarter and full fiscal year ended June 30, 2026. The company reported $9.3 million in deconversion revenue for Q4 2026, bringing the total for fiscal year 2026 to $42.8 million. This type of revenue is generated when clients are acquired by other financial institutions, leading to contract termination, and is excluded from non-GAAP revenue as it is outside the company's control and does not represent ongoing business operations.
Key Highlights
- Jack Henry announced deconversion revenue for fiscal Q4 2026 was $9.3 million.
- Total deconversion revenue for fiscal year 2026 reached $42.8 million.
- Deconversion revenue is generated when clients are acquired by other financial institutions.
- This revenue is driven by factors outside Jack Henry's control.
- Deconversion revenue is excluded from non-GAAP revenue in earnings releases.
Price Impact
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