Company: ACIW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000935036-25-000019
Chunk: 104

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 104
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 expenses in the same period in 2024. 

•Adjusted for the impact of significant transaction-related expenses, general and administrative expense increased $8.0 million, or 33%, for the three months ended June 30, 2025, as compared to the same period in 2024.

•The increase was primarily due to higher personnel and related expenses and higher professional fees of $5.2 million, including $3.2 million of stock-based compensation expenses, and other legal fees of $2.8 million.

Depreciation and Amortization

Depreciation and amortization decreased $3.5 million, or 13%, during the three months ended June 30, 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.

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Other Income and Expense

Interest expense for the three months ended June 30, 2025, decreased $3.9 million, or 21%, as 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 June 30, 2025, remained flat 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 June 30, 2025, other, net also included the $1.1 million loss on extinguishment of debt as a result of the redemption of the 2026 Notes.  Other, net was $6.4 million of expense and $1.2 million of income for the three months ended June 30, 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.

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RESULTS OF OPERATIONS

The following table presents the condensed consolidated statements of operations, as well as the percentage relationship to total revenues for items included in our condensed consolidated statements of operations (in thousands):

Six Month Period Ended June 30, 2025 Compared to the Six Month Period Ended June 30, 2024 Six Months Ended June 30,20252024Amount% of TotalRevenue$ Change vs