Company: ACIW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000935036-25-000031
Chunk: 133

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 133
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 in 2024. 

•The increase was primarily driven by consumer price index uplifts on contracted maintenance.

Services Revenue

Services revenue decreased $0.4 million, or 1%, during the nine months ended September 30, 2025, as compared to the same period in 2024. 

•The impact of foreign currencies strengthening against the U.S. dollar resulted in a $0.4 million increase in services revenue during the nine months ended September 30, 2025, as compared to the same period in 2024.

•Adjusted for the impact of foreign currency, services revenue for the nine months ended September 30, 2025, decreased $0.8 million, or 1%, as compared to the same period in 2024.

Operating Expenses

Total operating expenses for the nine months ended September 30, 2025 increased $101.7 million, or 11%, as compared to the same period in 2024.

•Total operating expenses for the nine months ended September 30, 2025, included $6.3 million for cost reduction strategies and $0.5 million of other significant transaction-related expenses, compared to $8.6 million for cost reduction strategies and $1.0 million of other significant transaction-related expenses for the same period in 2024.

•The impact of fluctuations in foreign currencies was not significant to total operating expenses for the nine months ended September 30, 2025, as compared to the same period in 2024.

•Adjusted for the impact of cost reduction strategies and significant transaction-related expenses, total operating expenses for the nine months ended September 30, 2025, increased $104.6 million, or 11%, as compared to the same period in 2024. 

Cost of Revenue

Cost of revenue increased $79.6 million, or 13%, during the nine months ended September 30, 2025, as compared to the same period in 2024. 

•The increase was primarily due to higher payment card interchange and personnel and related expenses of $63.5 million and $16.1 million, respectively. 

37

Research and Development

R&D expense increased $14.5 million, or 13%, during the nine months ended September 30, 2025, as compared to the same period in 2024, primarily due to higher personnel and related expenses.

Selling and Marketing

Selling and marketing expense increased $7.6 million, or 9%,