Jack Henry & Associates, Inc. stock research
FY2025 Q4
Jack Henry & Associates (JKHY) Gross Margin — Quarter Ended Jun 30, 2025
In the most recent quarter, gross profit rose as revenue increased more than cost of revenue, lifting gross margin. The relationship among these metrics shows that revenue growth outpaced the rise in cost of revenue, leading to an improved margin.
Gross margin takeaway
Quarter ended Jun 30, 2025 · FY2025 Q4
In the most recent quarter, gross profit rose as revenue increased more than cost of revenue, lifting gross margin. The relationship among these metrics shows that revenue growth outpaced the rise in cost of revenue, leading to an improved margin.
- The strongest observable margin driver is the relative growth of revenue compared to cost of revenue, as revenue increased at a faster pace than cost of revenue.
- Compared with the preceding quarter and the same quarter one year earlier, gross margin was higher in the most recent quarter, reflecting an improvement in profitability from revenue relative to cost of revenue.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
44.1%
Gross profit
$271.5M
Revenue
$615.4M
Cost of revenue
$343.9M
Quarter-over-quarter change
+2.3 pts
Year-over-year change
+2.6 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Sep 30, 2024 | $601.0M | $257.6M | $343.4M | 42.9% |
| Dec 31, 2024 | $573.8M | $241.0M | $332.9M | 42.0% |
| Mar 31, 2025 | $585.1M | $244.5M | $340.6M | 41.8% |
| Jun 30, 2025 | $615.4M | $271.5M | $343.9M | 44.1% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 31, 2025
+2.3 pts
Year-over-year change
Jun 30, 2024
+2.6 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver is the relative growth of revenue compared to cost of revenue, as revenue increased at a faster pace than cost of revenue.
Compared with the preceding quarter and the same quarter one year earlier, gross margin was higher in the most recent quarter, reflecting an improvement in profitability from revenue relative to cost of revenue.
Monitor the company's ongoing investments in product and service enhancements, as noted in the filing, which may influence future cost and revenue dynamics.