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Henry (Jack) & Associates JKHY Unrecognized Tax Benefits

Unrecognized Tax Benefits at other companies

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$5.3M+382%
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$2.47M0.0%
International Bancshares logo
International BancsharesIBOC
$0

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:UnrecognizedTaxBenefits.

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

At March 31, 2026, the Company had $25,616 of gross unrecognized tax benefits before interest and penalties, $23,136 of which, if recognized, would affect our effective tax rate. The Company had accrued interest and penalties of $5,796 related to uncertain tax positions at March 31, 2026. The Company anticipates that potential changes due to the lapsing of statutes of limitations and examination closures could reduce the unrecognized tax benefits balance by $3,000 to $9,000 within twelve months of March 31, 2026.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Henry (Jack) & Associates's unrecognized tax benefits?
Henry (Jack) & Associates (JKHY) reported unrecognized tax benefits of $25.62M in Q1 2026.
How has Henry (Jack) & Associates's unrecognized tax benefits changed year-over-year?
Henry (Jack) & Associates's unrecognized tax benefits increased by 12.1% year-over-year, from $22.85M to $25.62M.
What does unrecognized tax benefits mean?
This represents the amount of tax benefits from uncertain tax positions that have not been recognized in the financial statements because they do not meet the 'more-likely-than-not' threshold. It reflects the company's exposure to potential tax audits and disputes with tax authorities. This is a key indicator of tax-related legal and financial risk.

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