Company: ACIW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000935036-25-000019
Chunk: 110

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 110
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10,720)(28,038)(18,819)Corporate and unallocated expenses(47,693)(40,015)(91,021)(77,773)Interest, net(10,593)(14,518)(21,212)(29,519)Other, net(6,393)1,156 17,347 (869)Income before income taxes$17,872 $40,339 $89,509 $32,873 

Payment Software Segment Adjusted EBITDA decreased $11.3 million for the three months ended June 30, 2025, compared to the same period in 2024, due to a $2.3 million decrease in revenue primarily related to a decrease in license revenues and a $9.0 million increase in cash operating expense.

Biller Segment Adjusted EBITDA increased $2.4 million for the three months ended June 30, 2025, compared to the same period in 2024, due to a $30.1 million increase in revenue, partially offset by a $27.7 million increase in cash operating expense primarily for payment card interchange and other processing fees.

Payment Software Segment Adjusted EBITDA increased $43.0 million for the six months ended June 30, 2025, compared to the same period in 2024, due to a $57.2 million increase in revenue primarily related to an increase in license and capacity revenue, partially offset by a $14.2 million increase in cash operating expense.

Biller Segment Adjusted EBITDA increased $2.5 million for the six months ended June 30, 2025, compared to the same period in 2024, due to a $49.1 million increase in revenue, partially offset by a $46.6 million increase in cash operating expense primarily for payment card interchange and other processing fees.

38

Liquidity and Capital Resources

General

Our primary liquidity needs are: (i) to fund normal operating expenses; (ii) to meet the interest and principal requirements of our outstanding indebtedness; and (iii) to fund acquisitions, capital expenditures, and lease payments. We believe these needs will be satisfied using cash flow generated by our operations, our cash and cash equivalents, and available borrowings under our revolving credit facility over the next 12 months and beyond.

Cash and cash equivalents consist of highly liquid investments with original maturities of three months or less. As of June 30,