Jack Henry Announces Fiscal Fourth Quarter & Full Fiscal Year 2025 Deconversion Revenue Results
Jack Henry (NASDAQ:JKHY) reported its deconversion revenue results for Q4 and full fiscal year 2025. The company generated $20.5 million in deconversion revenue for Q4 FY2025, bringing the total fiscal year 2025 deconversion revenue to $33.9 million.
The company explained that deconversion revenue primarily occurs when their clients are acquired by other financial institutions, leading to contract terminations. Due to the non-operational nature of this revenue stream and its dependence on external factors, Jack Henry excludes deconversion revenue from its non-GAAP revenue reporting in quarterly and annual earnings releases.
Jack Henry (NASDAQ:JKHY) ha comunicato i risultati dei ricavi da deconversione per il quarto trimestre e per l'intero esercizio fiscale 2025. La società ha registrato $20.5 million in deconversion revenue nel Q4 FY2025, portando il totale per l'anno fiscale 2025 a $33.9 million.
Jack Henry spiega che i ricavi da deconversione si generano principalmente quando i suoi clienti vengono acquisiti da altre istituzioni finanziarie, con conseguenti cessazioni contrattuali. Poiché si tratta di una voce non operativa e dipendente da fattori esterni, l'azienda esclude questi ricavi dalle segnalazioni di ricavo non-GAAP nei comunicati trimestrali e annuali sugli utili.
Jack Henry (NASDAQ:JKHY) informó sus resultados de ingresos por deconversión para el cuarto trimestre y todo el ejercicio fiscal 2025. La compañía generó $20.5 million in deconversion revenue en el Q4 FY2025, elevando el total del ejercicio fiscal 2025 a $33.9 million.
La empresa explicó que los ingresos por deconversión se producen principalmente cuando sus clientes son adquiridos por otras instituciones financieras, lo que conlleva la terminación de contratos. Dado el carácter no operativo de esta fuente de ingresos y su dependencia de factores externos, Jack Henry excluye dichos ingresos de sus informes de ingresos no GAAP en los comunicados trimestrales y anuales sobre resultados.
Jack Henry (NASDAQ:JKHY)� 2025 회계연도 4분기 � 연간 디컨버전 수익 실적� 발표했습니다. 회사� 2025 회계연도 4분기� $20.5 million in deconversion revenue� 기록�, 2025 회계연도 전체 디컨버전 수익은 $33.9 million� 되었습니�.
회사 측은 디컨버전 수익� 주로 고객� 다른 금융기관� 인수되어 계약� 종료� � 발생한다� 설명했습니다. � 수익은 영업 활동에서 발생하는 것이 아니� 외부 요인� 좌우되기 때문�, � 헨리� 분기 � 연간 실적 발표에서 비GAAP 수익 보고에서 디컨버전 수익� 제외한다� 밝혔습니�.
Jack Henry (NASDAQ:JKHY) a communiqué ses revenus de déconversion pour le quatrième trimestre et l'exercice fiscal 2025. La société a généré $20.5 million in deconversion revenue pour le T4 FY2025, portant le total pour l'exercice 2025 à $33.9 million.
La société précise que ces revenus proviennent principalement des cas où ses clients sont acquis par d'autres institutions financières, entraînant la résiliation des contrats. Étant donné le caractère non opérationnel de cette source de revenus et sa dépendance à des facteurs externes, Jack Henry exclut ces revenus de ses rapports de revenus non-GAAP dans ses communiqués trimestriels et annuels.
Jack Henry (NASDAQ:JKHY) meldete seine Deconversion-Umsätze für das vierte Quartal und das gesamte Geschäftsjahr 2025. Das Unternehmen erzielte im Q4 FY2025 $20.5 million in deconversion revenue, womit die Gesamtsumme für das Geschäftsjahr 2025 bei $33.9 million liegt.
Das Unternehmen erklärte, dass Deconversion-Umsätze hauptsächlich dann entstehen, wenn Kunden von anderen Finanzinstituten übernommen werden und Verträge dadurch beendet werden. Da diese Einnahmen nicht betriebsbedingt sind und von externen Faktoren abhängen, schließt Jack Henry Deconversion-Umsätze in seinen Nicht-GAAP-Umsatzangaben in Quartals- und Jahresberichten aus.
- Q4 FY2025 deconversion revenue reached $20.5 million
- Full year FY2025 deconversion revenue totaled $33.9 million
- Deconversion revenue is unpredictable and outside company's control
- Revenue source does not represent core business operations
Insights
Jack Henry reported $20.5M Q4 deconversion revenue, bringing FY2025 total to $33.9M—one-time revenue excluded from non-GAAP metrics.
Jack Henry's fiscal Q4 2025 deconversion revenue came in at
Critically, these deconversion fees represent one-time payments rather than sustainable revenue from Jack Henry's core operations. This explains why management explicitly excludes these figures from non-GAAP revenue in their earnings releases—they don't reflect the company's ongoing business performance.
The uneven distribution of deconversion revenue is notable, with Q4 accounting for approximately
For investors analyzing Jack Henry's true operational performance, focusing on revenue excluding these deconversion fees provides a clearer picture of sustainable growth. The company's transparency in separately reporting these figures helps stakeholders distinguish between core business performance and incidental revenue that shouldn't factor into forward-looking valuation models.
The majority of deconversion revenue is generated when one of Jack Henry's clients agrees to be acquired by another financial institution, resulting in the termination of the client's contract with Jack Henry. In these circumstances, Jack Henry's recognition of deconversion revenue is driven by factors outside Jack Henry's control, and this revenue does not represent the true operations of Jack Henry's ongoing business of providing services to clients. As a result, Jack Henry excludes deconversion revenue from non-GAAP revenue reported in its quarterly and annual earnings releases.
Statements made in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in Jack Henry's Securities and Exchange Commission filings, including Jack Henry's most recent reports on Form 10-K and Form 10-Q, particularly under the heading Risk Factors. Any forward-looking statement made in this current report speaks only as of the date of the current report, and Jack Henry's expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise.
About Jack Henry & Associates, Inc.®
Jack Henry™�(Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity � offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For nearly 50 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,400 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at . į�
View original content to download multimedia:
SOURCE Jack Henry & Associates, Inc.