Company: ACIW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000935036-25-000006
Chunk: 124

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 124
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 may turn out to be inaccurate or wrong for reasons outside of management’s control. For example, our customers may attempt to renegotiate or terminate their contracts for many reasons, including mergers, changes in their financial condition, or general changes in economic conditions in the customer’s industry or geographic location. We may also experience delays in the development or delivery of products or services specified in customer contracts, which may cause the actual renewal rates and amounts to differ from historical experiences. Changes in foreign currency exchange rates may also impact the amount of revenue recognized in future periods. Accordingly, there can be no assurance that amounts included in backlog estimates will generate the specified revenues or that the actual revenues will be generated within the corresponding 60-month period. Additionally, because certain components of Committed Backlog and all of Renewal Backlog estimates are operating metrics, the estimates are not required to be subject to the same level of internal review or controls as contracted but not recognized Committed Backlog.

32

Results of Operations

The following tables present the consolidated statements of operations, as well as the percentage relationship to total revenues of items included in our consolidated statements of operations (in thousands):

Year Ended December 31, 2024 Compared to Year Ended December 31, 2023

20242023Amount% of TotalRevenue$ Changevs 2023% Changevs 2023Amount% of TotalRevenueRevenues:Software as a service and platform as a service$897,979 56 %$48,832 6 %$849,147 59 %License412,306 26 %91,082 28 %321,224 22 %Maintenance190,763 12 %(14,305)(7)%205,068 14 %Services93,240 6 %16,100 21 %77,140 5 %Total revenues1,594,288 100 %141,709 10 %1,452,579 100 %Operating expenses:Cost of revenue791,783 50 %72,572 10 %719,211 50 %Research and development146,677 9 %5,919 4 %140,758 10 %Selling and marketing118,352 7 %(14,287)(11)%132,639 9 %General and administrative118,379 7 %1,189 1 %117,190 8 %Depreciation and