JKHY · 10-Q · 2026Q3 · Full report

Net Income and EPS Performance

JACK HENRY & ASSOCIATES INC · 2026-11-06 · Importance 36 · Surprise 40 · From source text

Net income increased 11.4% to $160.412 million in the first quarter of fiscal 2027 from $143.986 million in the prior-year quarter.,Diluted earnings per share increased 15.6% to $2.28 from $1.97, with EPS growth exceeding net income growth primarily because diluted weighted-average shares declined following share repurchases.,The increase, excluding deconversion and acquisition-related effects and the prior-year asset gain, was driven by organic revenue growth, partly offset by higher operating expenses and income taxes.

Key facts

• JACK HENRY & ASSOCIATES INC's first-quarter fiscal 2027 net income increased 11.4% to $160,412 from $143,986, and diluted EPS increased 15.6% to $2.28 from $1.97. source
• JACK HENRY & ASSOCIATES INC's first-quarter fiscal 2027 provision for income taxes increased 8.4%, or $3,891; its effective tax rate was 23.8%, compared with 24.3% a year earlier. source
• JACK HENRY & ASSOCIATES INC attributed its lower first-quarter fiscal 2027 effective tax rate primarily to purchased tax credit benefits absent in the prior-year quarter and differences in stock-based compensation tax effects. source

Impact estimates