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Henry (Jack) & Associates JKHY Deferred contract costs

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Henry (Jack) & Associates logo
Henry (Jack) & AssociatesJKHY
$218.51M+9.8%

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$11.08B-4.0%
Enterprise value$11.2B-2.6%
P/E21.3×-4.0×
P/S4.4×-0.5×

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:DeferredCosts.

The source filing: Henry (Jack) & Associates’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:23 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000779152-26-000025
Line itemMarch 31,2026June 30,2025
Total current assets594,839681,464
PROPERTY AND EQUIPMENT, net214,005220,964
OTHER ASSETS:
Non-current deferred costs218,507207,861
Computer software, net of amortization651,709617,029
Other non-current assets480,758443,624
Customer relationships, net of amortization44,45348,440
Other intangible assets, net of amortization18,54619,791

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Henry (Jack) & Associates's deferred contract costs?
Henry (Jack) & Associates (JKHY) reported deferred contract costs of $218.51M in Q1 2026.
How has Henry (Jack) & Associates's deferred contract costs changed year-over-year?
Henry (Jack) & Associates's deferred contract costs increased by 9.8% year-over-year, from $199.02M to $218.51M.
What is the long-term trend for Henry (Jack) & Associates's deferred contract costs?
Over 4 years (2021 to 2025), Henry (Jack) & Associates's deferred contract costs has grown at a 13.1% compound annual growth rate (CAGR), from $127.21M to $207.86M.
What does deferred contract costs mean?
These are costs incurred to obtain or fulfill a contract that are expected to be recovered over a period longer than one year. This often includes incremental costs of obtaining a contract, such as sales commissions, which are capitalized and amortized over the expected customer relationship period. It reflects the long-term investment in customer acquisition and contract fulfillment.

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