Jack Henry & Associates reported Q2 FY2026 (calendar quarter QQ2 2026) revenue of $619.3 million, up 3.1% year over year and down 3.9% quarter over quarter from Q1 2026. Despite the sequential revenue step-down, the company delivered resilient profitability, with gross margin of 43.33% and EBITDA margin of 25.70%, translating into operating income of $159.15 million and net income of $124.67 million (EPS $1.72). YoY improvements in gross profit (+4.19%), operating income (+5.20%), net income (+4.60%), and EPS (+5.52%) signal operating leverage and favorable mix as the company scales its core banking software and payments solutions. R&D ($42.23 million) and SG&A ($66.97 million) supported ongoing product development and go-to-market activities, while overall cost discipline helped sustain profits amid a namespace of ongoing IT spending in the U.S. financial services sector.