Company: ACIW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000935036-25-000013
Chunk: 87

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 87
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.S. dollar resulted in a $0.5 million decrease in selling and marketing expense during the three months ended March 31, 2025, as compared to the same period in 2024.

•Adjusted for the impact of foreign currency, selling and marketing expense increased $5.9 million, or 23%, for the three months ended March 31, 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 $0.7 million.

General and Administrative

General and administrative expenses are primarily human resource costs including executive salaries and benefits, personnel administration costs, and the costs of corporate support functions such as legal, administrative, human resources, and finance and accounting.

General and administrative expense increased $1.6 million, or 6%, during the three months ended March 31, 2025, as compared to the same period in 2024. 

•General and administrative expenses for the three months ended March 31, 2024, included $2.6 million for cost reduction strategies and $0.3 million of other significant transaction-related expenses.

•The impact of foreign currencies weakening against the U.S. dollar resulted in a $0.4 million decrease in general and administrative expense during the three months ended March 31, 2025, as compared to the same period in 2024.

•Adjusted for the impact of cost reduction strategies, significant transaction-related expenses, and foreign currency, general and administrative expense increased $4.9 million, or 22%, for the three months ended March 31, 2025, as compared to the same period in 2024.

•The increase was primarily due to higher personnel and related expenses, including a $2.9 million increase in stock-based compensation expense.

Depreciation and Amortization

Depreciation and amortization decreased $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