Company: ACIW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000935036-25-000019
Chunk: 64

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 64
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 six months ended June 30, 2025, as compared to the same period in 2024.

•Adjusted for the impact of cost reduction strategies, significant transaction-related expenses, and foreign currency, total operating expenses for the six months ended June 30, 2025, increased $75.5 million, or 12%, as compared to the same period in 2024. 

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Cost of Revenue

Cost of revenue increased $53.8 million, or 14%, during the six months ended June 30, 2025, as compared to the same period in 2024. 

•The impact of certain foreign currencies weakening against the U.S. dollar resulted in a $0.4 million decrease in cost of revenue during the six months ended June 30, 2025, as compared to the same period in 2024. 

•Adjusted for the impact of foreign currency, cost of revenue increased $54.2 million, or 14%, for the six months ended June 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 $45.3 million and $8.9 million, respectively. 

Research and Development

R&D expense increased $9.6 million, or 14%, during the six months ended June 30, 2025, as compared to the same period in 2024. 

•The increase was primarily due to higher personnel and related expenses.

Selling and Marketing

Selling and marketing expense increased $5.6 million, or 10%, during the six months ended June 30, 2025, as compared to the same period in 2024. 

•The impact of foreign currencies weakening against the U.S. dollar resulted in a $0.4 million decrease in selling and marketing expense during the six months ended June 30, 2025, as compared to the same period in 2024.

•Adjusted for the impact of foreign currency, selling and marketing expense increased $6.0 million, or 11%, 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 of $6.6 million, partially offset by a decrease in advertising and professional fees of $0.6 million.

General and Administrative

General and administrative expense increased $14.3 million, or 28