Company: ACIW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000935036-25-000013
Chunk: 110

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 2
Chunk 110
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3.6 million, or 13%, during the three months ended March 31, 2025, as compared to the same period in 2024.

•The decrease was primarily due to a decrease in amortization for fully amortized intangibles acquired through acquisitions.

27

Other Income and Expense

Interest expense for the three months ended March 31, 2025, decreased $4.3 million, or 23% compared to the same period in 2024, primarily due to lower comparative debt balances during 2025 as well as a decrease in interest rates.

Interest income includes the portion of software license fees paid by customers under extended payment terms that is attributed to the significant financing component. Interest income for the three months ended March 31, 2025, increased $0.1 million, or 1%, as compared to the same period in 2024.

Other, net is primarily comprised of foreign currency transaction gains and losses. During the three months ended March 31, 2025, other, net also included the $25.9 million gain on the sale of the Company's equity method investment. Other, net was $23.7 million of income and $2.0 million of expense for the three months ended March 31, 2025 and 2024, respectively.

Income Taxes

See Note 10, Income Taxes, to our unaudited condensed consolidated financial statements in Part I of this Form 10-Q for additional information.

Segment Results

See Note 9, Segment Information, to our unaudited condensed consolidated financial statements in Part I of this Form 10-Q for additional information regarding segments. 

The following is selected financial data for our reportable segments for the periods indicated (in thousands):Three Months Ended March 31,20252024RevenuePayment Software$200,725 $141,157 Biller193,840 174,862 Total revenue$394,565 $316,019 Segment Adjusted EBITDAPayment Software$106,561 $52,289 Biller30,895 30,737 Depreciation and amortization(23,985)(27,609)Stock-based compensation expense(11,627)(8,099)Corporate and unallocated expenses(43,328)(37,758)Interest, net(10,619)(15,001)Other, net23,740 (2,025)Income (loss) before income taxes$71,637 $(7,