Jack Henry & Associates (JKHY) official guidance

Based on these results, the deconversion revenue estimate for fiscal year 2027 is $30.0 million.

Somewhere in the 58-65 range is kind of where we think our core win total will be this year.

First quarter is forecasted at $11 million, with the remaining $12 million being evenly spread across the remaining three quarters.

The full-year GAAP tax rate for fiscal 2027 is 23%.

The discussed guidance metrics produce a stronger full-year outlook for GAAP EPS of $7.33-$7.38 per share, a growth of 5%-6%.

Full-year free cash flow conversion outlook is for 85%-100% in fiscal 2027.

Full-year non-GAAP margin is projected to expand 20 to 40 basis points, consistent with the last three fiscal years.

Full year GAAP revenue growth guidance is a range of 5.5%-6.5%.

Revenue on a non-GAAP basis is expected to be within a range of 6.3%-7.3%.

| Acquisition costs | | 3 | | 3 | | | | — | | | | 8 | | | | (8) |

| Acquisition | | 2 | | 2 | | | | — | | | | 5 | | | | (5) |

| Deconversion costs\* | | 5 | | 5 | | | | 13 | | | | 13 | | | | — |

| GAAP OPERATING EXPENSES | | $ | 2,025 | | $ | 2,039 | | | $ | 1,909 | | | $ | 1,909 | | | $ | — |

| NON-GAAP ADJUSTED OPERATING EXPENSES\*\* | | $ | 2,018 | | $ | 2,031 | | | $ | 1,903 | | | $ | 1,895 | | | $ | 8 |

| GAAP OPERATING INCOME | | $ | 658 | | $ | 670 | | | $ | 635 | | | $ | 635 | | | $ | — |

| NON-GAAP ADJUSTED OPERATING INCOME\*\* | | $ | 641 | | $ | 653 | | | $ | 598 | | | $ | 601 | | | $ | (3) |

| GAAP OPERATING MARGIN | | 24.5 | | % | 24.7 | | % | | 25.0 | | % | | 25.0 | | % | | | |

| NON-GAAP ADJUSTED OPERATING MARGIN | | 24.1 | | % | 24.3 | | % | | 23.9 | | % | | 24.1 | | % | | | |

| GAAP REVENUE | | $ | 2,684 | | $ | 2,709 | | | $ | 2,544 | | | $ | 2,544 | | | $ | — |

| NON-GAAP ADJUSTED REVENUE\*\* | | $ | 2,659 | | $ | 2,684 | | | $ | 2,502 | | | $ | 2,496 | | | $ | 5 |