# EDGAR Filing Document

**Accession Number:** 0000935036
**File Stem:** 0000935036-25-000017
**Filing Date:** 2025-8
**Character Count:** 53810
**Document Hash:** 3193f25f684e388540a67dae86360b46
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000935036-25-000017.hdr.sgml**: 20250807

**ACCESSION NUMBER**: 0000935036-25-000017

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 32

**CONFORMED PERIOD OF REPORT**: 20250807

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**FILED AS OF DATE**: 20250807

**DATE AS OF CHANGE**: 20250807

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ACI WORLDWIDE, INC.
- **CENTRAL INDEX KEY:** 0000935036
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 470772104
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-25346
- **FILM NUMBER:** 251191817

**BUSINESS ADDRESS:**
- **STREET 1:** 6060 COVENTRY DRIVE
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022
- **BUSINESS PHONE:** 239-403-4600

**MAIL ADDRESS:**
- **STREET 1:** 6060 COVENTRY DRIVE
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRANSACTION SYSTEMS ARCHITECTS INC
- **DATE OF NAME CHANGE:** 19950109

?xml version='1.0' encoding='ASCII'? aciw-20250807

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**___________________________**

**FORM 8-K** 

**___________________________**

**CURRENT REPORT**

**Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): August 7, 2025

**Commission File Number 0-25346** 

**ACI WORLDWIDE, INC.** 

**(Exact name of registrant as specified in its charter)**

---

| | | | |
|:---|:---|:---|:---|
| **Delaware** | **Delaware** | **Delaware** | **47-0772104** |
| **(State or other jurisdiction of incorporation or organization)** | **(State or other jurisdiction of incorporation or organization)** | **(State or other jurisdiction of incorporation or organization)** | **(I.R.S. Employer Identification No.)** |
| **6060 Coventry Drive** | **Elkhorn,** | **Nebraska** | **68022** |
| **(Address of Principal Executive Offices)** | **(Address of Principal Executive Offices)** | **(Address of Principal Executive Offices)** | **(Zip Code)** |

---

**(402) 390-7600** 

**(Registrant's telephone number, including area code)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| **Common Stock, $0.005 par value** | **ACIW** | **Nasdaq Global Select Market** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Item 2.02. Results of Operation and Financial Condition**.

On August 7, 2025, the Company issued a press release announcing its financial results for the three months ended June 30, 2025. A copy of this press release is attached hereto as Exhibit 99.1.

The foregoing information (including the exhibits hereto) is being furnished under "Item 2.02 – Results of Operations and Financial Condition" and "Item 7.01 – Regulation FD Disclosure." Such information (including the exhibits hereto) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

The filing of this report and the furnishing of this information pursuant to Items 2.02 and 7.01 do not mean that such information is material or that disclosure of such information is required.

**Item 7.01. Regulation FD Disclosure.**

See "Item 2.02 – Results of Operation and Financial Condition" above.

**Item 9.01. Financial Statements and Exhibits.**

(d) Exhibits.

---

| | |
|:---|:---|
| <u>[99.1](aciw-20250807_exx991.htm)</u> | Press Release dated August 7, 2025 |
| <u>[99.2](aciw-20250807_ex992.htm)</u> | Investor presentation materials dated August 7, 2025 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

------

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | | |
|:---|:---|:---|
| | ACI WORLDWIDE, INC.<br>(Registrant) | ACI WORLDWIDE, INC.<br>(Registrant) |
| Date: August 7, 2025 | By: | /s/ ROBERT W. LEIBROCK |
|  |  | Robert W. Leibrock |
|  |  | *Executive Vice President, Chief Financial Officer and Chief Accounting Officer*<br>*(Principal Financial Officer)* |

---

## Exhibit 99.1

**Exhibit 99.1**

![aciw-logoa.jpg](aciw-logoa.jpg)

**ACI Worldwide, Inc. Reports Financial Results for the** 

**Quarter Ended June 30, 2025**

**<u>HIGHLIGHTS</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***• Q2 revenue up 7% versus prior year, with recurring revenue up 13%***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***• YTD revenue up 15% versus prior year, with contribution from both Payment Software segment up 18% and Biller segment up 13%***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***• YTD net income up 207% versus prior year, and adjusted EBITDA up 24%***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***• In Q2, repurchased 2.4 million shares, representing 2.4% of outstanding shares***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***• Raising full-year 2025 guidance range for both revenue and adjusted EBITDA***

**Omaha, NE — August 7, 2025 —** ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, announced financial results today for the quarter ended June 30, 2025. ACI also increased its 2025 financial guidance.

"We delivered solid second quarter and first half results, reflecting the organizational improvements we have invested in and the momentum we generated by signing renewals and new business early in the year," said Thomas Warsop, president and CEO of ACI. "These structural shifts have enabled us to pursue more strategic opportunities and move towards a more scalable and less seasonally weighted financial model. Looking ahead, we remain focused on increasing shareholder value through sales execution, enhancing the growth orientation across ACI, and the continued development and rollout of Connetic, our next generation payments hub platform."

"Our momentum from last quarter continued to build in Q2, with revenue from Payment Software segment growing 18% and Biller segment growing 13% over the first half of 2024," said Robert Leibrock, Chief Financial Officer of ACI. "While Q2 adjusted EBITDA reflected the timing of higher-margin license contracts and renewals, our adjusted EBITDA for the first half of 2025 increased by 24% compared to the same period last year. In line with our commitment to balanced capital allocation and continued shareholder returns, we repurchased 2.4 million shares in Q2, representing 2.4% of shares outstanding. Given the robust performance across the business, we are raising our full-year outlook for both revenue and adjusted EBITDA for 2025."

**Q2 AND 1H 2025 FINANCIAL SUMMARY**

In Q2 2025, revenue was $401 million, up 7% from Q2 2024. Recurring revenue in Q2 2025 of $322 million was up 13% from Q2 2024 and represented 80% of total revenue. Q2 2025 net income of $12 million compares to a net income of $31 million in Q2 2024. Q2 2025 adjusted EBITDA was $81 million, down 13% from Q2 2024. Q2 cash flow from operating activities was $50 million, versus $55 million in Q2 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• In Q2 2025, Payment Software segment revenue declined 1% and segment adjusted EBITDA decreased 12%, versus Q2 2024, reflecting the timing of higher-margin license contracts this year.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• In Q2 2025, Biller segment revenue grew 16% and segment adjusted EBITDA grew 6%, versus Q2 2024.

First half 2025 revenue was $796 million, up 15% from first half 2024. Recurring revenue in first half 2025 of $607 million was up 11% from first half 2024 and represented 76% of total revenue. First half 2025 net income of $71 million, which includes a $22 million after-tax gain on the sale of ACI's minority interest in India-based Mindgate, compares to net income of $23 million in first half 2024. Adjusted EBITDA in first half 2025 was $175 million, up 24% from first half 2024. Cash flow from operating activities in first half 2025 was $128 million, versus $178 million in first half 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• In first half 2025, Payment Software segment revenue grew 18% and adjusted EBITDA grew 29%, versus the first half 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• In first half 2025, Biller segment revenue grew 13% and adjusted EBITDA grew 4%, versus the first half 2024.

ACI ended Q2 2025 with $190 million in cash on hand and a debt balance of $904 million, representing a net debt leverage ratio of 1.4x adjusted EBITDA. In the quarter, the Company also retired its $400 million senior unsecured notes maturing in August 2026 with an incremental term loan under the credit facility that matures in February 2029.

During Q2 2025, the Company repurchased approximately 2.4 million shares for $119 million in capital, representing 2.4% of outstanding shares. First half 2025 repurchases totaled approximately 2.7 million shares for $134 million in capital. At the end of Q2 2025, the Company had approximately $223 million remaining on the share repurchase authorization.

**RAISING FULL YEAR 2025 OUTLOOK AND NEW THIRD QUARTER OUTLOOK**

ACI is raising guidance for the full year 2025. ACI now expects that total revenue for the full year of 2025 will be in the range of $1.710 billion to $1.740 billion, ahead of the previously issued guidance of $1.690 billion to $1.720 billion, and ahead of the guidance issued in February 2025 of $1.685 billion to $1.715 billion. ACI currently expects adjusted EBITDA for the full year 2025 will be in the range of $490 million to $505 million, ahead of the previously issued guidance of $480 million to $495 million.

The company expects that total revenue for Q3 2025 will be in the range of $460 million to $470 million, and adjusted EBITDA for Q3 2025 will be in the range of $155 million to $165 million.

**CONFERENCE CALL TO DISCUSS FINANCIAL RESULTS**

Today, management will host a conference call at 8:30 a.m. ET to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/. To join the live audio call, please dial +1 (800) 715-9871, provide your name, the conference name of ACI Worldwide, Inc. and conference ID 88945; alternatively, to reduce operator assisted delays joining the call, we invite you to register in advance by visiting https://registrations.events/direct/Q4I889453. This process will provide you with a unique passcode allowing you to join the call without operator assistance.

------

**About ACI Worldwide**

ACI Worldwide, an original innovator in global payments technology, delivers transformative software solutions that power intelligent payments orchestration in real time so banks, billers, and merchants can drive growth, while continuously modernizing their payment infrastructures, simply and securely. With nearly 50 years of trusted payments expertise, we combine our global footprint with a local presence to offer enhanced payment experiences to stay ahead of constantly changing payment challenges and opportunities.© Copyright ACI Worldwide, Inc. 2025.

ACI, ACI Worldwide, ACI Payments, Inc., ACI Pay, Speedpay and all ACI product/solution names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties' trademarks referenced are the property of their respective owners.

For more information contact:

**Investor Relations**

John Kraft

SVP, Head of Strategy and Finance

305-894-2223 / john.kraft@aciworldwide.com

------

To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the tables, which exclude significant transaction-related expenses, as well as other significant non-cash expenses such as depreciation, amortization, and stock-based compensation, that we believe are helpful in understanding our past financial performance and our future results. The presentation of these non-GAAP financial measures should be considered in addition to our GAAP results and are not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. Management generally compensates for limitations in the use of non-GAAP financial measures by relying on comparable GAAP financial measures and providing investors with a reconciliation of non-GAAP financial measures only in addition to and in conjunction with results presented in accordance with GAAP.

We believe that these non-GAAP financial measures reflect an additional way to view aspects of our operations that, when viewed with our GAAP results, provide a more complete understanding of factors and trends affecting our business. Certain non-GAAP measures include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted EBITDA: net income (loss) plus income tax expense (benefit), net interest income (expense), net other income (expense), depreciation, amortization and stock-based compensation, as well as significant transaction-related expenses. Adjusted EBITDA should be considered in addition to, rather than as a substitute for, net income (loss).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net adjusted EBITDA margin: Adjusted EBITDA divided by revenue net of pass-through interchange revenue. Net adjusted EBITDA margin should be considered in addition to, rather than as a substitute for, net income (loss).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Diluted EPS adjusted for non-cash and significant transaction related items: diluted EPS plus tax effected significant transaction related items, amortization of acquired intangibles and software, and non-cash stock-based compensation. Diluted EPS adjusted for non-cash and significant transaction related items should be considered in addition to, rather than as a substitute for, diluted EPS.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Recurring revenue: revenue from software as a service and platform as a service fees and maintenance fees. Recurring revenue should be considered in addition to, rather than as a substitute for, total revenue.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ARR: New annual recurring revenue expected to be generated from new accounts, new applications, and add-on sales bookings contracts signed in the period.

------

**FORWARD-LOOKING STATEMENTS**

This press release contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. Generally, forward-looking statements do not relate strictly to historical or current facts and may include words or phrases such as "believes," "will," "expects," "anticipates," "intends," and words and phrases of similar impact. The forward-looking statements are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Forward-looking statements in this press release include but are not limited to: (i) our move towards a more scalable and less seasonally-weighted financial model, (ii) looking ahead, we remain focused on increasing shareholder value through sales execution, enhancing the growth orientation across ACI, and the continued development and rollout of Connetic, our next generation payments hub platform, (iii) given the robust performance across the business, we are raising our full-year outlook for both revenue and adjusted EBITDA for 2025, and (iv) Q3 2025 and full-year 2025 revenue and adjusted EBITDA financial guidance.

All of the foregoing forward-looking statements are expressly qualified by the risk factors discussed in our filings with the Securities and Exchange Commission. Such factors include, but are not limited to, increased competition, business interruptions, cybersecurity incidents or failure of our information technology and communication systems, security breaches, our ability to attract and retain senior management personnel and skilled technical employees, future acquisitions, strategic partnerships and investments, divestitures and other restructuring activities, implementation and success of our strategy, impact if we convert some or all on-premise licenses from fixed-term to subscription model, anti-takeover provisions, exposure to credit or operating risks arising from certain payment funding methods, loss caused by theft or fraud, customer reluctance to switch to a new vendor, our ability to adequately defend our intellectual property, litigation, consent orders and other compliance agreements, our offshore software development activities, risks from operating internationally, including fluctuations in currency exchange rates, events in eastern Europe and the Middle East, adverse changes in the global economy, compliance of our products with applicable legislation, governmental regulations and industry standards, the complexity of our products and services and the risk that they may contain hidden defects, legal and business risks from artificial intelligence technology incorporated into our products, risks to our business from the use of artificial intelligence by our workforce, complex regulations applicable to our payments business, our compliance with privacy and cybersecurity regulations, compliance with requirements of the payment card networks and Nacha, exposure to unknown tax liabilities, changes in tax laws and regulations, consolidations and failures in the financial services industry, volatility in our stock price, demand for our products, failure to obtain renewals of customer contracts or to obtain such renewals on favorable terms, delay or cancellation of customer projects or inaccurate project completion estimates, changes in card association and debit network fees or products, impairment of our goodwill or intangible assets, the accuracy of management's backlog estimates, the cyclical nature of our revenue and earnings and the accuracy of forecasts due to the concentration of revenue-generating activity during the final weeks of each quarter, restrictions and other financial covenants in our debt agreements, our existing levels of debt, incurring additional debt, events outside of our control including natural disasters, wars, and outbreaks of disease, and revenues or revenue mix below expectations. For a detailed discussion of these risk factors, parties that are relying on the forward-looking statements should review our filings with the Securities and Exchange Commission, including our most recently filed Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q.

------

**ACI WORLDWIDE, INC. AND SUBSIDIARIES**

**CONDENSED CONSOLIDATED BALANCE SHEETS**

**(unaudited and in thousands)**

---

| | | |
|:---|:---|:---|
| | **June 30, 2025** | **December 31, 2024** |
| **ASSETS** | | |
| &nbsp;&nbsp;&nbsp;&nbsp;**Current assets** | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $189697 | $216394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivables, net of allowances | 398164 | 414399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Settlement assets | 498971 | 318871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses | 37212 | 29218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other current assets | 20706 | 11940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total current assets** | 1144750 | 990822 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Noncurrent assets** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued receivables, net | 345608 | 360079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Property and equipment, net | 33195 | 35069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating lease right-of-use assets | 29179 | 28864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Software, net | 88574 | 92893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goodwill | 1226026 | 1226026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intangible assets, net | 156538 | 165377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred income taxes, net | 80831 | 72713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other noncurrent assets | 33582 | 53450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL ASSETS** | $3138283 | $3025293 |
| **LIABILITIES AND STOCKHOLDERS' EQUITY** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Current liabilities** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | $58082 | $45422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Settlement liabilities | 498523 | 317484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Employee compensation | 40786 | 55567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Current portion of long-term debt | 40909 | 34928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred revenue | 71695 | 75419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other current liabilities | 64626 | 73808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total current liabilities** | 774621 | 602628 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Noncurrent liabilities** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred revenue | 17928 | 19304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long-term debt | 857112 | 889649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred income taxes, net | 42050 | 39920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating lease liabilities | 23550 | 22592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other noncurrent liabilities | 29524 | 26873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total liabilities** | 1744785 | 1600966 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commitments and contingencies |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Stockholders' equity** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred stock |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stock | 702 | 702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional paid-in capital | 733542 | 731927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Retained earnings | 1669157 | 1598085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Treasury stock | (910960) | (784914) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulated other comprehensive loss | (98943) | (121473) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total stockholders' equity** | 1393498 | 1424327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY** | $3138283 | $3025293 |

---

------

**ACI WORLDWIDE, INC. AND SUBSIDIARIES**

**CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS**

**(unaudited and in thousands, except per share amounts)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** |
| | **2025** | **2024** | **2025** | **2024** |
| **Revenues** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Software as a service and platform as a service | $271258 | $235399 | $508341 | $451131 |
| &nbsp;&nbsp;&nbsp;&nbsp;License | 56711 | 65582 | 141204 | 95555 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maintenance | 50421 | 48733 | 99063 | 96487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Services | 22868 | 23765 | 47215 | 46325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total revenues** | 401258 | 373479 | 795823 | 689498 |
| **Operating expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cost of revenue (1) | 234800 | 203238 | 448178 | 394345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Research and development | 41107 | 35410 | 80015 | 70403 |
| &nbsp;&nbsp;&nbsp;&nbsp;Selling and marketing | 28741 | 28551 | 60927 | 55301 |
| &nbsp;&nbsp;&nbsp;&nbsp;General and administrative | 37651 | 24993 | 65243 | 50993 |
| &nbsp;&nbsp;&nbsp;&nbsp;Depreciation and amortization | 24101 | 27586 | 48086 | 55195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total operating expenses** | 366400 | 319778 | 702449 | 626237 |
| **Operating income** | 34858 | 53701 | 93374 | 63261 |
| **Other income (expense)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest expense | (14527) | (18471) | (29210) | (37481) |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest income | 3934 | 3953 | 7998 | 7962 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other, net | (6393) | 1156 | 17347 | (869) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total other income (expense)** | (16986) | (13362) | (3865) | (30388) |
| **Income before income taxes** | 17872 | 40339 | 89509 | 32873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Income tax expense | 5670 | 9452 | 18437 | 9737 |
| **Net income** | $12202 | $30887 | $71072 | $23136 |
| **Income per common share** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic | $0.12 | $0.29 | $0.68 | $0.22 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted | $0.12 | $0.29 | $0.67 | $0.22 |
| **Weighted average common shares outstanding** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic | 104376 | 105395 | 104860 | 106097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted | 105103 | 106166 | 105960 | 106815 |

---

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

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ACI WORLDWIDE, INC. AND SUBSIDIARIES** | **ACI WORLDWIDE, INC. AND SUBSIDIARIES** | **ACI WORLDWIDE, INC. AND SUBSIDIARIES** | **ACI WORLDWIDE, INC. AND SUBSIDIARIES** | **ACI WORLDWIDE, INC. AND SUBSIDIARIES** |
| **CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS** | **CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS** | **CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS** | **CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS** | **CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS** |
| **(unaudited and in thousands)** | **(unaudited and in thousands)** | **(unaudited and in thousands)** | **(unaudited and in thousands)** | **(unaudited and in thousands)** |
| | **Three Months Ended June 30,** | **Three Months Ended June 30,** | **Six Months Ended June 30,** | **Six Months Ended June 30,** |
|  | **2025** | **2024** | **2025** | **2024** |
| Cash flows from operating activities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income | $12202 | $30887 | $71072 | $23136 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adjustments to reconcile net income to net cash flows from operating activities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation | 3189 | 3564 | 6345 | 7195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization | 20912 | 24022 | 41741 | 48000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization of operating lease right-of-use assets | 2407 | 2431 | 4842 | 4999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization of deferred debt issuance costs | 620 | 662 | 1270 | 1598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred income taxes | (1745) | 510 | (4208) | 1516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation expense | 16411 | 10720 | 28038 | 18819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gain on sale of equity investment |  |  | (25927) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other | 1591 | (756) | 873 | (2067) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Changes in operating assets and liabilities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivables | 7051 | (27671) | 48691 | 99598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | 4932 | 5297 | 12411 | 4849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued employee compensation | 8980 | 6569 | (16202) | (19884) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred revenue | (3193) | (5590) | (7841) | 8317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other current and noncurrent assets and liabilities | (23560) | 4372 | (33087) | (17818) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash flows from operating activities | 49797 | 55017 | 128018 | 178258 |
| Cash flows from investing activities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchases of property and equipment | (2156) | (1746) | (4326) | (4954) |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchases of software and distribution rights | (5383) | (4442) | (12142) | (19024) |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from sale of equity investment |  |  | 46021 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash flows from investing activities | (7539) | (6188) | 29553 | (23978) |
| Cash flows from financing activities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from issuance of common stock | 819 | 704 | 1632 | 1397 |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from exercises of stock options | 214 | 277 | 796 | 752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repurchase of stock-based compensation awards for tax withholdings | (13156) | (3037) | (20226) | (6339) |
| &nbsp;&nbsp;&nbsp;&nbsp;Repurchases of common stock | (119362) | (57159) | (133770) | (119674) |
| &nbsp;&nbsp;&nbsp;&nbsp;Redemption of 2026 Notes | (400000) |  | (400000) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from revolving credit facility | 290000 |  | 290000 | 164000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repayment of revolving credit facility | (30000) |  | (100000) | (152000) |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from term portion of credit agreement | 200000 |  | 200000 | 500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repayment of term portion of credit agreement | (9375) | (9375) | (18750) | (538448) |
| &nbsp;&nbsp;&nbsp;&nbsp;Payments on or proceeds from other debt, net | (6447) | (5975) | (10664) | (8669) |
| &nbsp;&nbsp;&nbsp;&nbsp;Payments for debt issuance costs | (134) |  | (134) | (5141) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in settlement assets and liabilities | (26751) | 12782 | 61573 | (6151) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash flows from financing activities | (114192) | (61783) | (129543) | (170273) |
| Effect of exchange rate fluctuations on cash | 4118 | (1024) | 5909 | 1290 |
| Net increase (decrease) in cash and cash equivalents | (67816) | (13978) | 33937 | (14703) |
| Cash and cash equivalents, including settlement deposits, beginning of period | 366771 | 238096 | 265018 | 238821 |
| Cash and cash equivalents, including settlement deposits, end of period | $298955 | $224118 | $298955 | $224118 |
| Reconciliation of cash and cash equivalents to the Consolidated Balance Sheets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $189697 | $156983 | $189697 | $156983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Settlement deposits | 109258 | 67135 | 109258 | 67135 |
| Total cash and cash equivalents | $298955 | $224118 | $298955 | $224118 |

---

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---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** |
| **Adjusted EBITDA (millions)** | **2025** | **2024** | **2025** | **2024** |
| **Net income**  | $12.2 | $30.9 | $71.1 | $23.1 |
| Plus: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Income tax expense | 5.7 | 9.4 | 18.4 | 9.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net interest expense | 10.6 | 14.5 | 21.2 | 29.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net other (income) expense | 6.4 | (1.1) | (17.3) | 0.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;Depreciation expense | 3.2 | 3.6 | 6.4 | 7.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization expense | 20.9 | 24.0 | 41.7 | 48.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-cash stock-based compensation expense | 16.4 | 10.7 | 28.0 | 18.8 |
| **Adjusted EBITDA before significant transaction-related expenses** | $75.4 | $92.0 | $169.5 | $137.2 |
| Significant transaction-related expenses: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cost reduction strategies | 5.1 | 0.4 | 5.1 | 3.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other | 0.4 | 0.4 | 0.4 | 0.7 |
| **Adjusted EBITDA** | $80.9 | $92.8 | $175.0 | $140.9 |
| Revenue, net of interchange: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Revenue | $401.3 | $373.5 | $795.8 | $689.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interchange | 151.1 | 124.2 | 281.9 | 236.6 |
| **Revenue, net of interchange** | $250.2 | $249.3 | $513.9 | $452.9 |
| **Net Adjusted EBITDA Margin** | 32% | 37% | 34% | 31% |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** |
| **Segment Information (millions)** | **2025** | **2024** | **2025** | **2024** |
| **Revenue** |  |  |  |  |
| &nbsp;&nbsp;Payment Software | $179.3 | $181.7 | $380.1 | $322.8 |
| &nbsp;&nbsp;Biller | 221.9 | 191.8 | 415.7 | 366.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | $401.3 | $373.5 | $795.8 | $689.5 |
| **Recurring Revenue** |  |  |  |  |
| &nbsp;&nbsp;Payment Software | $99.8 | $92.3 | $191.6 | $180.9 |
| &nbsp;&nbsp;Biller | 221.9 | 191.8 | 415.8 | 366.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | $321.7 | $284.1 | $607.4 | $547.6 |
| **Segment Adjusted EBITDA** |  |  |  |  |
| &nbsp;&nbsp;Payment Software | $83.3 | $94.6 | $189.8 | $146.9 |
| &nbsp;&nbsp;Biller | 39.8 | 37.4 | 70.7 | 68.2 |

---

Note: Amounts may not recalculate due to rounding.

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended June 30,** | **Three Months Ended June 30,** | **Three Months Ended June 30,** | **Three Months Ended June 30,** |
| | **2025** | **2025** | **2024** | **2024** |
| **EPS Impact of Non-cash and Significant Transaction-related Items (millions)** | **EPS Impact** | **$ in Millions<br>(Net of Tax)** | **EPS Impact** | **$ in Millions<br>(Net of Tax)** |
| **GAAP net income** | $0.12 | $12.2 | $0.29 | $30.9 |
| Adjusted for: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Significant transaction-related expenses | 0.04 | 4.1 | 0.01 | 0.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of acquisition-related intangibles | 0.04 | 4.2 | 0.06 | 6.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of acquisition-related software | 0.03 | 3.2 | 0.03 | 3.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-cash stock-based compensation | 0.12 | 13.0 | 0.08 | 8.1 |
| **Total adjustments** | $0.23 | $24.5 | $0.18 | $18.4 |
| **Diluted EPS adjusted for non-cash and significant transaction-related items** | $0.35 | $36.7 | $0.47 | $49.3 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Six Months Ended June 30,** | **Six Months Ended June 30,** | **Six Months Ended June 30,** | **Six Months Ended June 30,** |
| | **2025** | **2025** | **2024** | **2024** |
| **EPS Impact of Non-cash and Significant Transaction-related Items (millions)** | **EPS Impact** | **$ in Millions<br>(Net of Tax)** | **EPS Impact** | **$ in Millions<br>(Net of Tax)** |
| **GAAP net income** | $0.67 | $71.1 | $0.22 | $23.1 |
| Adjusted for: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gain on sale of equity investment | (0.20) | (21.7) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Significant transaction-related expenses | 0.04 | 4.1 | 0.03 | 2.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of acquisition-related intangibles | 0.08 | 8.3 | 0.12 | 12.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of acquisition-related software | 0.06 | 6.4 | 0.06 | 6.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-cash stock-based compensation | 0.21 | 22.2 | 0.13 | 14.3 |
| **Total adjustments** | $0.19 | $19.3 | $0.34 | $36.6 |
| **Diluted EPS adjusted for non-cash and significant transaction-related items** | $0.86 | $90.4 | $0.56 | $59.7 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** |
| **Recurring Revenue (millions)** | **2025** | **2024** | **2025** | **2024** |
| &nbsp;&nbsp;&nbsp;SaaS and PaaS fees | $271.3 | $235.4 | $508.3 | $451.1 |
| &nbsp;&nbsp;&nbsp;Maintenance fees | 50.4 | 48.7 | 99.1 | 96.5 |
| **Recurring Revenue** | $321.7 | $284.1 | $607.4 | $547.6 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **New Bookings (millions)** | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **TTM Ended June 30,** | **TTM Ended June 30,** |
|  | **2025** | **2024** | **2025** | **2024** |
| Annual recurring revenue (ARR) bookings | $24.3 | $13.1 | $79.5 | $68.8 |
| License and services bookings | 58.1 | 80.7 | 290.2 | 268.5 |

---

Note: Amounts may not recalculate due to rounding.

## Exhibit 99.2

![](aciw-20250807_ex992001.jpg)

Q2 2025 Earnings Presentation August 7, 2025 Exhibit 99.2

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![](aciw-20250807_ex992002.jpg)

This presentation contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. The forward-looking statements are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. A discussion of these forward-looking statements and risk factors that may affect them is set forth at the end of this presentation. The Company assumes no obligation to update any forward-looking statement in this presentation, except as required by law. Private Securities Litigation Reform Act of 1995 Safe Harbor for Forward-Looking Statements

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![](aciw-20250807_ex992003.jpg)

Powering the world's payments ecosystem ACI Worldwide, an original innovator in global payments technology, delivers transformative software solutions that power intelligent payments orchestration in real time so banks, billers, and merchants can drive growth while continuously modernising their payment infrastructures, simply and securely. With nearly 50 years of trusted payments expertise, we combine our global footprint with a local presence to offer enhanced payment experiences to stay ahead of constantly changing payment challenges and opportunities.

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![](aciw-20250807_ex992004.jpg)

ACI Financial Results for Quarter Ended June 30, 2025 4 "We delivered solid second quarter and first half results, reflecting the organizational improvements we have invested in and the momentum we generated by signing renewals and new business early in the year. These structural shifts have enabled us to pursue more strategic opportunities and move towards a more scalable and less seasonally- weighted financial model. Looking ahead, we remain focused on increasing shareholder value through sales execution, enhancing the growth orientation across ACI, and the continued development and rollout of Connetic, our next generation payments hub platform." "Our momentum from last quarter continued to build in Q2, with revenue from Payment Software segment growing 18% and Biller segment growing 13% over the first half of 2024. While Q2 adjusted EBITDA reflected the timing of higher-margin license contracts and renewals, our adjusted EBITDA for the first half of 2025 increased by 24% compared to the same period last year. In line with our commitment to balanced capital allocation and continued shareholder returns, we repurchased 2.4 million shares in Q2, representing 2.4% of shares outstanding. Given the robust performance across the business, we are raising our full-year outlook for both revenue and adjusted EBITDA for 2025." Thomas W. Warsop, III ACI President and Chief Executive Officer Robert Leibrock ACI Chief Financial Officer CEO and CFO Perspective

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![](aciw-20250807_ex992005.jpg)

Strong Growth and Financial Position 5Confidential $190M CASH BALANCE 1.4x NET DEBT LEVERAGE RATIO 2.7M SHARES REPURCHASED FIRST HALF 2025 FOR $134M $223M REMAINING ON SHARE REPURCHASE AUTHORIZATION 15% REVENUE GROWTH 34% NET ADJUSTED EBITDA MARGIN $175M ADJUSTED EBITDA $128M CASH FLOW FROM OPERATING ACTIVITIES FIRST-HALF 2025 AS OF JUNE 30, 2025

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![](aciw-20250807_ex992006.jpg)

Q2 2025 Highlights 6 Consolidated Results Segment Results\* Balance Sheet\*\* First Half 2025 Highlights Consolidated Results Segment Results\* Share Repurchases\*\*

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![](aciw-20250807_ex992007.jpg)

Raising 2025 Financial Guidance 7

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![](aciw-20250807_ex992008.jpg)

Strong first half; raising FY 2025 guidance for both revenue and adjusted EBITDA Q2 2025 Key Takeaways 8Confidential Q2 results were ahead of expectations for both revenue & adjusted EBITDA Continuing to invest in Connetic, cloud-native payments hub - building pipeline and momentum High margin model with $175M adjusted EBITDA in first half 2025, 34% net adjusted EBITDA margin, up from 31% in first half 2024 Returned capital to shareholders, with 2.4 million shares repurchased in Q2, representing 2.4% of share outstanding Strong financial position with $190M in cash and 1.4x net debt ratio Retired $400 million senior unsecured notes maturing in 2026 with an incremental term loan under the credit facility that matures in February 2029.

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![](aciw-20250807_ex992009.jpg)

Supplemental Financial Data 9Confidential

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![](aciw-20250807_ex992010.jpg)

Supplemental Financial Data 10Confidential Three Months Ended June 30, Six Months Ended June 30, Recurring Revenue (millions) 2025 2024 2025 2024 SaaS and PaaS fees $271.3 $235.4 $508.3 $451.1 Maintenance fees 50.4 48.7 99.1 96.5 Recurring Revenue $321.7 $284.1 $607.4 $547.6 Three Months Ended June 30, TTM Ended June 30, New Bookings (millions) 2025 2024 2025 2024 Annual recurring revenue (ARR) bookings $24.3 $13.1 $79.5 $68.8 License and services bookings 58.1 80.7 290.2 268.5 Note: Amounts may not recalculate due to rounding.

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![](aciw-20250807_ex992011.jpg)

Supplemental Financial Data 11Confidential Three Months Ended June 30, Six Months Ended June 30, Adjusted EBITDA (millions) 2025 2024 2025 2024 Net income $12.2 $30.9 $71.1 $23.1 Plus: Income tax expense 5.7 9.4 18.4 9.7 Net interest expense 10.6 14.5 21.2 29.5 Net other (income) expense 6.4 (1.1) (17.3) 0.9 Depreciation expense 3.2 3.6 6.4 7.2 Amortization expense 20.9 24.0 41.7 48.0 Non-cash stock-based compensation expense 16.4 10.7 28.0 18.8 Adjusted EBITDA before significant transaction-related expenses $75.4 $92.0 $169.5 $137.2 Significant transaction-related expenses: Cost reduction strategies 5.1 0.4 5.1 3.0 Other 0.4 0.4 0.4 0.7 Adjusted EBITDA $80.9 $92.8 $175.0 $140.9 Revenue, net of interchange Revenue $401.3 $373.5 $795.8 $689.5 Interchange 151.1 124.2 281.9 236.6 Revenue, net of interchange $250.2 $249.3 $513.9 $452.9 Net Adjusted EBITDA Margin 32 % 37 % 34 % 31 %

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![](aciw-20250807_ex992012.jpg)

Supplemental Financial Data 12Confidential Three Months Ended June 30, Six Months Ended June 30, Segment Information (millions) 2025 2024 2025 2024 Revenue Payment Software $179.3 $181.7 $380.1 $322.8 Biller 221.9 191.8 415.7 366.7 Total Revenue $401.3 $373.5 $795.8 $689.5 Recurring Revenue Payment Software $99.8 $92.3 $191.6 $180.9 Biller 221.9 191.8 415.8 366.7 Total $321.7 $284.1 $607.4 $547.6 Segment Adjusted EBITDA Payment Software $83.3 $94.6 $189.8 $146.9 Biller 39.8 37.4 70.7 68.2 Note: Amounts may not recalculate due to rounding.

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![](aciw-20250807_ex992013.jpg)

Supplemental Financial Data 13Confidential EPS Impact of Non-cash and Significant Transaction-related Items (millions) Three Months Ended June 30, 2025 2024 EPS Impact $ in Millions (Net of Tax) EPS Impact $ in Millions (Net of Tax) GAAP net income $0.12 $12.2 $0.29 $30.9 Adjusted for: Significant transaction-related expenses 0.04 4.1 0.01 0.7 Amortization of acquisition-related intangibles 0.04 4.2 0.06 6.3 Amortization of acquisition-related software 0.03 3.2 0.03 3.3 Non-cash stock-based compensation 0.12 13.0 0.08 8.1 Total adjustments 0.23 24.5 0.18 18.4 Diluted EPS adjusted for non-cash and significant transaction- related items $0.35 $36.7 $0.47 $49.3 Note: Amounts may not recalculate due to rounding. Six Months Ended June 30, 2025 2024 EPS Impact $ in Millions (Net of Tax) EPS Impact $ in Millions (Net of Tax) GAAP net income $0.67 $71.1 $0.22 $23.1 Adjusted for: Gain on sale of equity investment (0.20) (21.7) — — Significant transaction-related expenses 0.04 4.1 0.03 2.9 Amortization of acquisition-related intangibles 0.08 8.3 0.12 12.7 Amortization of acquisition-related software 0.06 6.4 0.06 6.7 Non-cash stock-based compensation 0.21 22.2 0.13 14.3 Total adjustments 0.19 19.3 0.34 36.6 Diluted EPS adjusted for non-cash and significant transaction- related items $0.86 $90.4 $0.56 $59.7

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![](aciw-20250807_ex992014.jpg)

Non-GAAP Financial Measures 14Confidential To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the tables, which exclude significant transaction related expenses, as well as other significant non-cash expenses such as depreciation, amortization, and non-cash compensation, that we believe are helpful in understanding our past financial performance and our future results. The presentation of these non-GAAP financial measures should be considered in addition to our GAAP results and are not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. Management generally compensates for limitations in the use of non-GAAP financial measures by relying on comparable GAAP financial measures and providing investors with a reconciliation of non-GAAP financial measures only in addition to and in conjunction with results presented in accordance with GAAP. We believe that these non-GAAP financial measures reflect an additional way to view aspects of our operations that, when viewed with our GAAP results, provide a more complete understanding of factors and trends affecting our business. Certain non-GAAP measures include: ◦ Adjusted EBITDA: net income (loss) plus income tax expense (benefit), net interest income (expense), net other income (expense), depreciation, amortization, and non-cash compensation, as well as significant transaction related expenses. Adjusted EBITDA should be considered in addition to, rather than as a substitute for, net income (loss). ◦ Net Adjusted EBITDA Margin: Adjusted EBITDA divided by revenue net of pass-through interchange revenue. Net Adjusted EBITDA Margin should be considered in addition to, rather than as a substitute for, net income (loss). ◦ Diluted EPS adjusted for non-cash and significant transaction related items: diluted EPS plus tax effected significant transaction related items, amortization of acquired intangibles and software, and non-cash stock-based compensation. Diluted EPS adjusted for non-cash and significant transaction related items should be considered in addition to, rather than as a substitute for, diluted EPS. ◦ Recurring Revenue: revenue from software as a service and platform service fees and maintenance fees. Recurring revenue should be considered in addition to, rather than as a substitute for, total revenue. ◦ ARR: New annual recurring revenue expected to be generated from new accounts, new applications, and add-on sales bookings contracts signed in the period.

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![](aciw-20250807_ex992015.jpg)

Forward Looking Statements 15Confidential This presentation contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. Generally, forward-looking statements do not relate strictly to historical or current facts and may include words or phrases such as "believes," "will," "expects," "anticipates," "intends," and words and phrases of similar impact. The forward-looking statements are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release include but are not limited to: (i) our move towards a more scalable and less seasonally-weighted financial model, (ii) looking ahead, we remain focused on increasing shareholder value through sales execution, enhancing the growth orientation across ACI, and the continued development and rollout of Connetic, our next generation payments hub platform, (iii) given the robust performance across the business, we are raising our full-year outlook for both revenue and adjusted EBITDA for 2025, and (iv) Q3 2025 and full-year 2025 revenue and adjusted EBITDA financial guidance. All of the foregoing forward-looking statements are expressly qualified by the risk factors discussed in our filings with the Securities and Exchange Commission. Such factors include, but are not limited to, increased competition, business interruptions, cybersecurity incidents or failure of our information technology and communication systems, security breaches, our ability to attract and retain senior management personnel and skilled technical employees, future acquisitions, strategic partnerships and investments, divestitures and other restructuring activities, implementation and success of our strategy, impact if we convert some or all on-premise licenses from fixed-term to subscription model, anti-takeover provisions, exposure to credit or operating risks arising from certain payment funding methods, loss caused by theft or fraud, customer reluctance to switch to a new vendor, our ability to adequately defend our intellectual property, litigation, consent orders and other compliance agreements, our offshore software development activities, risks from operating internationally, including fluctuations in currency exchange rates, events in eastern Europe and the Middle East, adverse changes in the global economy, compliance of our products with applicable legislation, governmental regulations and industry standards, the complexity of our products and services and the risk that they may contain hidden defects, legal and business risks from artificial intelligence incorporated into our products, risks to our business from the use of artificial intelligence by our workforce, complex regulations applicable to our payments business, our compliance with privacy and cybersecurity regulations, compliance with requirements of the payment card networks and Nacha, exposure to unknown tax liabilities, changes in tax laws and regulations, consolidations and failures in the financial services industry, volatility in our stock price, demand for our products, failure to obtain renewals of customer contracts or to obtain such renewals on favorable terms, delay or cancellation of customer projects or inaccurate project completion estimates, changes in card association and debit network fees or products, impairment of our goodwill or intangible assets, the accuracy of management's backlog estimates, the cyclical nature of our revenue and earnings and the accuracy of forecasts due to the concentration of revenue- generating activity during the final weeks of each quarter, restrictions and other financial covenants in our debt agreements, our existing levels of debt, incurring additional debt, events outside of our control including natural disasters, wars, and outbreaks of disease, and revenues or revenue mix below expectations. For a detailed discussion of these risk factors, parties that are relying on the forward-looking statements should review our filings with the Securities and Exchange Commission, including our most recently filed Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q.

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![](aciw-20250807_ex992016.jpg)

16Confidential

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