Company: ACIW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000935036-25-000006
Chunk: 152

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 152
---
,739 

The accompanying notes are an integral part of the consolidated financial statements.

51

ACI WORLDWIDE, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share amounts)

Years Ended December 31,202420232022RevenuesSoftware as a service and platform as a service$897,979 $849,147 $802,880 License412,306 321,224 348,134 Maintenance190,763 205,068 200,045 Services93,240 77,140 70,842 Total revenues1,594,288 1,452,579 1,421,901 Operating expensesCost of revenue (1)791,783 719,211 696,071 Research and development146,677 140,758 146,311 Selling and marketing118,352 132,639 134,812 General and administrative118,379 117,190 114,194 Depreciation and amortization110,962 122,373 126,678 Total operating expenses1,286,153 1,232,171 1,218,066 Operating income308,135 220,408 203,835 Other income (expense)Interest expense(72,471)(78,486)(53,193)Interest income15,926 14,215 12,547 Other, net(1,181)(8,510)43,446 Total other income (expense)(57,726)(72,781)2,800 Income before income taxes250,409 147,627 206,635 Income tax expense47,291 26,118 64,458 Net income$203,118 $121,509 $142,177 Income per common shareBasic$1.93 $1.12 $1.25 Diluted$1.91 $1.12 $1.24 Weighted average common shares outstandingBasic105,491 108,497 113,700 Diluted106,493 108,857 114,238 

(1)The cost of revenue excludes charges for depreciation and amortization.

The accompanying notes are an integral part of the consolidated financial statements.

52

ACI WORLDWIDE, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME