JKHY · 10-K · 2026A · Full report
Interest Expense Trends
JACK HENRY & ASSOCIATES INC · 2026-08-28 · Importance 29 · Surprise 38 · In source text
Interest income declined 16.6% to $23.1 million in fiscal 2026 from $27.8 million, reflecting lower interest earned on balances. Interest expense fell 48.4% to $5.4 million from $10.4 million. The company attributed the lower interest expense mainly to the timing and amounts of borrowing and repayment activity. Debt outstanding at June 30, 2026 was $40.0 million.
Key facts
- Jack Henry & Associates' interest expense decreased 48.4% in fiscal 2026 compared to fiscal 2025, mainly due to the timing and amounts of borrowing and repayment, with $40,000 debt outstanding at fiscal year-end. source
- Jack Henry & Associates' interest income decreased 16.6% in fiscal 2026 compared to fiscal 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | — | Jack Henry & Associates' interest expense decreased 48.4% in fiscal 2026 compared to fiscal 2025, mainly due to the timing and amounts of… |