Company: ACIW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000935036-25-000019
Chunk: 44

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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,823 Less:Interchange (a)— 281,891 281,891 Global technology and innovation (b)129,844 25,238 155,082 Other segment items (c)60,385 37,946 98,331 Segment Adjusted EBITDA$189,839 $70,680 $260,519 Reconciliation of income before income taxesDepreciation and amortization(48,086)Stock-based compensation expense(28,038)Corporate and unallocated expenses(91,021)Interest, net(21,212)Other, net17,347 Income before income taxes$89,509 Six months ended June 30, 2024Payment SoftwareBillerTotalRevenue$322,823 $366,675 $689,498 Less:Interchange (a)— 236,594 236,594 Global technology and innovation (b)118,553 23,786 142,339 Other segment items (c)57,394 38,123 95,517 Segment Adjusted EBITDA$146,876 $68,172 $215,048 Reconciliation of income before income taxesDepreciation and amortization(55,195)Stock-based compensation expense(18,819)Corporate and unallocated expenses(77,773)Interest, net(29,519)Other, net(869)Income before income taxes$32,873 (a) Interchange – Interchange costs include all payment card interchange fees, amounts payable to banks, and payment card processing fees associated with providing services to Biller customers.(b) Global Technology & Innovation – (“GTI”) costs include the costs of maintaining software products, as well as the costs required to deliver, install, and support software at customer sites. It also includes maintenance costs, which are the efforts associated with providing the customer with upgrades, 24-hour help desk, post go-live (remote) support, and production-type support for software that was previously installed at a customer location. GTI includes costs to provide SaaS and PaaS services including our data center operations. Service costs including human resource and other incidental costs such as travel and training required for both pre go-live and post go-live support. Such efforts include project management, delivery, product customization and implementation, installation support, consulting, configuration, and on-site support. GTI also includes research and development expenses which are primarily human resource costs related to the creation of new products