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Henry (Jack) & Associates JKHY Payments to Develop Software

Payments to Develop Software at other companies

Enpro logo
EnproNPO
$900K-35.7%
International Business Machines logo
International Business MachinesIBM
$159M+5.3%
ESCO Technologies logo
ESCO TechnologiesESE
$2.61M-9.5%
SS&C Technologies logo
SS&C TechnologiesSSNC
$62M+31.9%
Willis Towers Watson logo
Willis Towers WatsonWTW
-$13M-141%
Henry Schein logo
Henry ScheinHSIC
$14M+16.7%

Other financials

Income statement

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Revenue$636.2M+8.7%
Gross profit$272.3M+11.4%
Operating income$155.0M+11.8%
Net income$122.9M+10.6%
EPS (diluted)$1.71+12.5%

Balance sheet

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Cash & equivalents$20.6M-48.4%
Total debt$136.6M-38.9%
Total equity$2.1B+4.8%
Total assets$3.1B+4.0%

Cash flow

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Operating cash flow$186.0M+72.5%
CapEx$16.5M+41.0%
Free cash flow$169.5M+76.3%

Valuation

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Market cap$8.97B-14.3%
Enterprise value$9.08B-14.6%
P/E17.3×-7.1×
P/S3.6×-0.9×

Profitability

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Gross margin44.1%+2.0pp
Operating margin26%+2.8pp
Net margin20.6%+2.1pp
FCF margin28.9%+8.2pp

Returns & leverage

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Return on equity24.9%+2.4pp
Debt / equity0.1×0.0×
Current ratio1.7×+0.4×

Where this comes from

Reported directly by Henry (Jack) & Associates in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToDevelopSoftware.

The official record: Henry (Jack) & Associates’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Henry (Jack) & Associates's payments to develop software?
Henry (Jack) & Associates (JKHY) reported payments to develop software of $47.52M in Q1 2026.
How has Henry (Jack) & Associates's payments to develop software changed year-over-year?
Henry (Jack) & Associates's payments to develop software increased by 6.8% year-over-year, from $44.5M to $47.52M.
What is the long-term trend for Henry (Jack) & Associates's payments to develop software?
Over 4 years (2021 to 2025), Henry (Jack) & Associates's payments to develop software has grown at a 7.7% compound annual growth rate (CAGR), from $128.34M to $172.45M.
What does payments to develop software mean?
Cash spent on building and improving the company's own software products.
How do you interpret payments to develop software?
Increasing investment signals a focus on product innovation and market competitiveness, while decreasing investment may suggest a shift toward maintenance or cost-cutting.
How does payments to develop software compare across companies?
A key indicator for software-as-a-service (SaaS) and fintech companies to gauge R&D intensity.