European Investor
28 Jan 2026, 13:23
Jack Henry & Associates, Inc. announced that deconversion revenue for its fiscal second quarter ended December 31, 2025 totaled $6.2 million. Following this result, the company raised its full-year fiscal 2026 deconversion revenue guidance to $28 million.
Jack Henry noted that deconversion revenue typically arises when a client is acquired by another financial institution, leading to the termination of an existing contract. As these events are driven by factors outside the company’s control and do not reflect the performance of its core operations, deconversion revenue is excluded from the company’s non-GAAP revenue metrics. The updated guidance is detailed in the company’s previously filed Form 8-K.
Jack Henry noted that deconversion revenue typically arises when a client is acquired by another financial institution, leading to the termination of an existing contract. As these events are driven by factors outside the company’s control and do not reflect the performance of its core operations, deconversion revenue is excluded from the company’s non-GAAP revenue metrics. The updated guidance is detailed in the company’s previously filed Form 8-K.
