Jack Henry & Associates — Feb 3, 2026 release

3 Impact of Non-GAAP Adjustments The tables below show our revenue, operating income, and net income for the fiscal three and six months ended December 31, 2025, compared to the fiscal three and six months ended December 31, 2024, excluding the impacts of deconversions in the fiscal quarters and fiscal year-to-date periods ended December 31, 2025, and December 31, 2024, the gain on sale of assets, net, in the current fiscal quarter and fiscal year-to-date period, the impact of a contract change in the prior fiscal quarter and fiscal year-to-date period, and the acquisition in the current fiscal quarter and fiscal year-to-date period. (Unaudited, dollars in thousands) Three Months Ended December 31, % Change Six Months Ended December 31, % Change 2025 2024 2025 2024 GAAP Revenue* $ 619,334   $ 573,848   7.9   % $ 1,264,071   $ 1,174,829   7.6   % Adjustments: Deconversion revenue (6,212) (69) (14,838) (3,766) Revenue related to a contract change —  (1,223) —  (13,471) Revenue from the acquisition (1,945) —  (1,945) —  NON-GAAP ADJUSTED REVENUE* $ 611,177   $ 572,556   6.7   % $ 1,247,288   $ 1,157,592   7.7   % GAAP Operating Income $ 159,148   $ 123,002   29.4   % $ 343,213   $ 274,278   25.1   % Adjustments: Operating (income) loss from deconversions (3,600) 622  (10,701) (2,873) Operating income related to a contract change —  (164) —  (1,970) Gain on sale of assets, net (3,032) —  (6,829) —  Operating (income) loss from the acquisition 984  —  984  —  NON-GAAP ADJUSTED OPERATING INCOME $ 153,500   $ 123,460   24.3   % $ 326,667   $ 269,435   21.2   % Non-GAAP Adjusted Operating Margin** 25.1   % 21.6  % 26.2   % 23.3  % GAAP N