# EDGAR Filing Document

**Accession Number:** 0000935036
**File Stem:** 0000935036-26-000009
**Filing Date:** 2026-2
**Character Count:** 58209
**Document Hash:** 7fc83ecbbe16480e8e650d1f4d14390d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000935036-26-000009.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000935036-26-000009

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 32

**CONFORMED PERIOD OF REPORT**: 20260223

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

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**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:** 26681754

**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-20260223

**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): February 23, 2026

**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 February 26, 2026, the Company issued a press release announcing its financial results for the three months and year ended December 31, 2025. A copy of this press release is attached hereto as Exhibit 99.1. Following the publication of the earnings release, the Company hosted an earnings call in which its financial results were discussed. The investor presentation materials used for the call are attached as Exhibit 99.2.

The foregoing information (including Exhibits 99.1 and 99.2) is being furnished under "Item 2.02 – Results of Operations and Financial Condition" and "Item 7.01 – Regulation FD Disclosure." Such information (including Exhibits 99.1 and 99.2) 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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers**.

Effective February 23, 2026, Charles Peters and Janet Estep resigned from the Board of Directors (the "Board") of ACI Worldwide, Inc. (the "Company"). Mr. Peters' and Ms. Estep's decisions to resign were not due to any disagreement with the Company on any matter relating to its operations, policies, or practices.

On February 23, 2026, Kimberly deBeers was appointed to the Company's Board as an independent director. The announcement of her directorship is included in the press release filed as Exhibit 99.1 to this report.

Ms. deBeers will serve until the 2026 Annual Meeting of Stockholders and thereafter until her successor is duly elected and qualified. Ms. deBeers will serve as a member of the Audit Committee and the Nominating and Corporate Governance Committee of the Board. Ms. deBeers will participate in the Company's standard non-employee director compensation arrangement.

For a director to be considered independent, the Board must determine that the director does not have any direct or indirect material relationship with the Company. The Board has established guidelines to assist it in determining director independence which conform to the independence requirements in the NASDAQ Global Select Market listing standards. In accordance with these guidelines, the Board has determined that Ms. deBeers is independent. Ms. deBeers is not a party to any transaction, or series of transactions, required to be disclosed pursuant to Item 404(a) of Regulation S-K.

**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-20260226_ex991.htm)</u> | Press Release dated February 26, 2026 |
| <u>[99.2](aciw-20260226_ex992.htm)</u> | Investor presentation materials dated February 26, 2026 |
| 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: February 26, 2026 | By: | /S/ ROBERT W. LEIBROCK |
|  |  | Robert W. Leibrock |
|  |  | *Executive Vice President, Chief Financial Officer and Chief Accounting Officer (Principal Financial Officer)* |

---

## Exhibit 99.1

**Exhibit 99.1**

![imagea.jpg](imagea.jpg)

**ACI Worldwide, Inc. Reports Double-Digit Revenue Growth for Full Year Ended December 31, 2025**

**<u>2025 HIGHLIGHTS</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***• Total revenue of $1.76 billion grew 10%, and recurring revenue of $1.21 billion grew 11% versus prior year***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***• Net income increased 12%, and total Adjusted EBITDA increased 9% versus prior year***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***• In Q4, signed a major UK bank for Connetic, expanding the geographic reach of ACI's cloud-native payments hub platform***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***• Generated $323 million in cash flow from operating activities and returned $203 million to shareholders***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***• Expect revenue growth of 7% to 9% in 2026***

**Omaha, NE — February 26, 2026 —** ACI Worldwide (NASDAQ: ACIW), a leading provider of global payments technology, today reported strong financial results for fourth quarter and full year ended December 31, 2025. The company also provided its full-year 2026 outlook for revenue and adjusted EBITDA which reflects continuing momentum.

"ACI delivered another year of double-digit organic revenue growth, reflecting focused execution against our multi-year growth initiatives and value creation strategy," said Thomas Warsop, President and CEO of ACI. "Our results continue to be driven by mission-critical payment and billing software that is deeply embedded in our customers' complex and highly regulated workflows, creating durable, long-term relationships. In 2025, revenue in our Payment Software segment increased 9%, while our Biller segment grew 13%. During the fourth quarter, we signed an additional ACI Connetic customer and continue to see growing demand for our cloud-native payments platform. As we enter 2026, we remain focused on executing our strategy, advancing innovation across our payments portfolio, and driving long-term shareholder value."

"2025 reflected consistent execution and disciplined financial performance for ACI," said Robert Leibrock, Chief Financial Officer of ACI. "We delivered 10% revenue growth, generated $323 million in operating cash flow, returned $203 million to shareholders, and reduced net leverage to 1.2x. Our 2026 guidance is consistent with our long-term framework and reflects the durability of our recurring revenue base, continued margin discipline, and increased flexibility to return 50% to 60% of operating cash flow to shareholders, while continuing to invest in high-return organic initiatives and preserving capacity for disciplined, strategic M&A within our targeted leverage range."

------

**FINANCIAL SUMMARY**

In 2025, total revenue was $1.76 billion, up 10% from 2024 and recurring revenue was $1.21 billion, up 11% from 2024. Net income was $227 million in 2025, which includes a $22 million after-tax gain on the sale of ACI's minority interest in India-based Mindgate, up 12% from 2024. Total adjusted EBITDA in 2025 was $506 million, up 9% from 2024. Cash flow from operating activities in 2025 was $323 million, versus $359 million for 2024, reflecting normal timing differences in working capital, including receivables and deferred revenue.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• In 2025, Payment Software segment revenue increased 9%, and adjusted EBITDA increased 10% versus 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• In 2025, Biller segment revenue increased 13%, and adjusted EBITDA increased 7% versus 2024.

ACI ended 2025 with $196 million in cash on hand and a debt balance of $823 million, representing a net debt leverage ratio of 1.2x adjusted EBITDA. In 2025, the Company repurchased approximately 4.2 million shares for $203 million in capital. At year-end 2025, the Company had $456 million remaining available on the share repurchase authorization.

**BOARD OF DIRECTORS REFRESHMENT** 

ACI Worldwide's Board of Directors remains committed to thoughtful refreshment and the continued expansion of relevant and complementary expertise. The Company is pleased to announce the appointment of Kimberly deBeers, whose extensive professional and advisory experience in corporate governance, strategic transactions, and risk oversight will further strengthen the Board's capabilities. This appointment follows the previously announced additions of Didier Lamouche and Todd Ford in the fourth quarter of 2025. As part of a planned and orderly succession process, Janet Estep and Charles Peters have transitioned off the Board, effective February 23, 2026.

**Q1 AND FULL YEAR 2026 GUIDANCE** 

For the full year of 2026, we expect revenue growth to be in the 7% to 9% range on a constant currency basis, or in the range of $1.88 billion to $1.91 billion. We expect adjusted EBITDA to be in the range of $530 million to $550 million. For Q1 2026, we expect revenue to be between $405 million and $415 million and adjusted EBITDA of $88 million to $93 million.

In 2026, ACI expects to allocate 50% to 60% of cash flow from operating activities toward share repurchases under its existing repurchase authorization, subject to market conditions.

**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/Q4I8894556676. 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. 2026.

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 results continue to be driven by mission-critical payment and billing software that is deeply embedded in our customers' complex and highly regulated workflows, creating durable, long-term relationships, (ii) we signed an additional ACI Connetic customer and continue to see growing demand for our cloud-native payments platform, (iii) as we enter 2026, we remain focused on executing our strategy, advancing innovation across our payments portfolio, and driving long term shareholder value, (iv) our 2026 guidance is consistent with our long term framework and reflects the durability of our recurring revenue base, continued margin discipline, and increased flexibility to return 50% to 60% of operating cash flow to shareholders, while continuing to invest in high return organic initiatives and preserving capacity for disciplined, strategic M&A within our targeted leverage range, and (v) Q1 2026 and full-year 2026 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, reliance on third-party cloud infrastructure and related services, reliance on third-parties, 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, 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, adoption of ACI Connetic, 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**

**CONSOLIDATED BALANCE SHEETS**

**(unaudited and in thousands)**

---

| | | |
|:---|:---|:---|
| | **December 31,** | **December 31,** |
| | **2025** | **2024** |
| **ASSETS** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Current assets** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $196462 | $216394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivables, net of allowances | 445866 | 414399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Settlement assets | 397346 | 318871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses | 29876 | 29218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other current assets | 19564 | 11940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total current assets** | 1089114 | 990822 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Noncurrent assets** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued receivables, net | 391719 | 360079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Property and equipment, net | 37363 | 35069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating lease right-of-use assets | 28733 | 28864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Software, net | 77523 | 92893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goodwill | 1231128 | 1226026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intangible assets, net | 147062 | 165377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred income taxes, net | 73124 | 72713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other noncurrent assets | 29141 | 53450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL ASSETS** | $3104907 | $3025293 |
| **LIABILITIES AND STOCKHOLDERS' EQUITY** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Current liabilities** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | $64931 | $45422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Settlement liabilities | 396034 | 317484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Employee compensation | 56142 | 55567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Current portion of long-term debt | 40941 | 34928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred revenue | 73637 | 75419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other current liabilities | 73958 | 73808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total current liabilities** | 705643 | 602628 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Noncurrent liabilities** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred revenue | 13620 | 19304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long-term debt | 776667 | 889649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred income taxes, net | 38514 | 39920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating lease liabilities | 22609 | 22592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other noncurrent liabilities | 28776 | 26873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total liabilities** | 1585829 | 1600966 |
| **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 | 761523 | 731927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Retained earnings | 1824743 | 1598085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Treasury stock | (964752) | (784914) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulated other comprehensive loss | (103138) | (121473) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total stockholders' equity** | 1519078 | 1424327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY** | $3104907 | $3025293 |

---

------

**ACI WORLDWIDE, INC. AND SUBSIDIARIES**

**CONSOLIDATED STATEMENTS OF OPERATIONS**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended December 31,** | **Three Months Ended December 31,** | **Years Ended December 31,** | **Years Ended December 31,** |
| | **2025** | **2024** | **2025** | **2024** |
| **Revenues** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Software as a service and platform as a service | $253191 | $223481 | $1008448 | $897979 |
| &nbsp;&nbsp;&nbsp;&nbsp;License | 158344 | 159322 | 461505 | 412306 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maintenance | 50797 | 46717 | 201280 | 190763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Services | 19268 | 23518 | 88549 | 93240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total revenues** | 481600 | 453038 | 1759782 | 1594288 |
| **Operating expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cost of revenue (1) | 226335 | 200087 | 897651 | 791783 |
| &nbsp;&nbsp;&nbsp;&nbsp;Research and development | 44959 | 38614 | 167541 | 146677 |
| &nbsp;&nbsp;&nbsp;&nbsp;Selling and marketing | 33437 | 34360 | 125074 | 118352 |
| &nbsp;&nbsp;&nbsp;&nbsp;General and administrative | 43365 | 33437 | 142706 | 118379 |
| &nbsp;&nbsp;&nbsp;&nbsp;Depreciation and amortization | 24670 | 24252 | 96896 | 110962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total operating expenses** | 372766 | 330750 | 1429868 | 1286153 |
| **Operating income** | 108834 | 122288 | 329914 | 308135 |
| **Other income (expense)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest expense | (13826) | (16634) | (57847) | (72471) |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest income | 3200 | 4093 | 14874 | 15926 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other, net | 831 | 511 | 19729 | (1181) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total other income (expense)** | (9795) | (12030) | (23244) | (57726) |
| **Income before income taxes** | 99039 | 110258 | 306670 | 250409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Income tax expense | 34703 | 11703 | 80012 | 47291 |
| **Net income** | $64336 | $98555 | $226658 | $203118 |
| **Income per common share** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic | $0.63 | $0.94 | $2.18 | $1.93 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted | $0.62 | $0.93 | $2.16 | $1.91 |
| **Weighted average common shares outstanding** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic | 102889 | 105104 | 103956 | 105491 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted | 103442 | 106318 | 104805 | 106493 |

---

(1) The cost of revenue excludes charges for depreciation but includes amortization of purchased and developed software for resale.

------

**ACI WORLDWIDE, INC. AND SUBSIDIARIES**

**CONSOLIDATED STATEMENTS OF CASH FLOWS**

**(unaudited and in thousands)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended December 31,** | **Three Months Ended December 31,** | **Years Ended<br>December 31,** | **Years Ended<br>December 31,** |
| | **2025** | **2024** | **2025** | **2024** |
| Cash flows from operating activities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income | $64336 | $98555 | $226658 | $203118 |
| &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 | 3308 | 3162 | 12836 | 18161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization | 21414 | 21090 | 84112 | 92801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization of operating lease right-of-use assets | 2453 | 2369 | 9698 | 9706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization of deferred debt issuance costs | 416 | 655 | 2107 | 2912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred income taxes | (190) | (10901) | 943 | (13130) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation expense | 25214 | 11116 | 70633 | 41281 |
| &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 | 125 | 1740 | 2117 | 1920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Changes in operating assets and liabilities, net of impact of divestiture: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivables | (11844) | (27282) | (46160) | (23583) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | 1320 | (1026) | 11318 | (268) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued employee compensation | 8728 | 14012 | (726) | 2887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred revenue | 7280 | 10002 | (10345) | 11886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other current and noncurrent assets and liabilities | (785) | 2990 | (14433) | 11057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash flows from operating activities | 121775 | 126482 | 322831 | 358748 |
| Cash flows from investing activities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchases of property and equipment | (5177) | (6939) | (12907) | (15402) |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchases of software and distribution rights | (1802) | (6471) | (20445) | (29649) |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from sale of equity investment |  |  | 46021 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Acquisition of business, net of cash acquired | (5447) |  | (5447) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash flows from investing activities | (12426) | (13410) | 7222 | (45051) |
| Cash flows from financing activities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from issuance of common stock | 914 | 789 | 3417 | 2918 |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from exercises of stock options | 6636 | 4375 | 7898 | 6329 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repurchase of stock-based compensation awards for tax withholdings | (4395) | (3812) | (28249) | (13111) |
| &nbsp;&nbsp;&nbsp;&nbsp;Repurchases of common stock | (52615) |  | (202638) | (127670) |
| &nbsp;&nbsp;&nbsp;&nbsp;Redemption of 2026 Notes |  |  | (400000) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from revolving credit facility |  |  | 290000 | 184000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repayment of revolving credit facility | (40000) | (61000) | (160000) | (238000) |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from term portion of credit agreement |  |  | 200000 | 500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repayment of term portion of credit agreement | (10625) | (9375) | (40000) | (557198) |
| &nbsp;&nbsp;&nbsp;&nbsp;Payments on other debt, net | (8961) | (5555) | (20926) | (14854) |
| &nbsp;&nbsp;&nbsp;&nbsp;Payments for debt issuance costs |  |  | (134) | (5141) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in settlement assets and liabilities | 7646 | (43174) | 13985 | (25470) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash flows from financing activities | (101400) | (117752) | (336647) | (288197) |
| Effect of exchange rate fluctuations on cash | (2364) | 1028 | 572 | 697 |
| Net increase (decrease) in cash and cash equivalents | 5585 | (3652) | (6022) | 26197 |
| Cash and cash equivalents, including settlement deposits, beginning of period | 253411 | 268670 | 265018 | 238821 |
| Cash and cash equivalents, including settlement deposits, end of period | $258996 | $265018 | $258996 | $265018 |
| Reconciliation of cash and cash equivalents to the Consolidated Balance Sheets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $196462 | $216394 | $196462 | $216394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Settlement deposits | 62534 | 48624 | 62534 | 48624 |
| Total cash and cash equivalents | $258996 | $265018 | $258996 | $265018 |

---

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---

| | | | | |
|:---|:---|:---|:---|:---|
| **Adjusted EBITDA (millions)** | **Three Months Ended December 31,** | **Three Months Ended December 31,** | **Years Ended<br>December 31,** | **Years Ended<br>December 31,** |
|  | **2025** | **2024** | **2025** | **2024** |
| **Net income** | $64.3 | $98.6 | $226.7 | $203.1 |
| Plus: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Income tax expense | 34.7 | 11.7 | 80.0 | 47.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net interest expense | 10.6 | 12.5 | 43.0 | 56.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net other (income) expense | (0.8) | (0.5) | (19.7) | 1.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Depreciation expense | 3.3 | 3.2 | 12.8 | 18.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization expense | 21.4 | 21.1 | 84.1 | 92.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-cash stock-based compensation expense | 25.2 | 11.1 | 70.6 | 41.3 |
| **Adjusted EBITDA before significant transaction-related expenses** | $158.7 | $157.7 | $497.5 | $460.4 |
| Significant transaction-related expenses: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cost reduction strategies | 1.5 |  | 7.7 | 4.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other | 0.7 |  | 1.2 | 1.0 |
| **Adjusted EBITDA** | $160.9 | $157.7 | $506.4 | $465.7 |
| Revenue, net of interchange: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Revenue | $481.6 | $453 | $1759.8 | $1594.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interchange | 137.4 | 115.7 | 554.6 | 469.4 |
| **Revenue, net of interchange** | $344.2 | $337.3 | $1205.2 | $1124.9 |
| **Net adjusted EBITDA Margin** | 47% | 47% | 42% | 41% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Segment Information (millions)** | **Three Months Ended December 31,** | **Three Months Ended December 31,** | **Years Ended<br>December 31,** | **Years Ended<br>December 31,** |
|  | **2025** | **2024** | **2025** | **2024** |
| **Revenue** |  |  |  |  |
| &nbsp;&nbsp;Payment Software | $278.0 | $272.8 | $942.1 | $867.8 |
| &nbsp;&nbsp;Biller | 203.6 | 180.2 | 817.7 | 726.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | $481.6 | $453.0 | $1759.8 | $1594.3 |
| **Recurring revenue** |  |  |  |  |
| &nbsp;&nbsp;Payment Software | $100.4 | $90.0 | $392.0 | $362.2 |
| &nbsp;&nbsp;Biller | 203.6 | 180.2 | 817.7 | 726.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | $304.0 | $270.2 | $1209.7 | $1088.7 |
| **Segment adjusted EBITDA** |  |  |  |  |
| &nbsp;&nbsp;Payment Software | $172.2 | $167.6 | $543.7 | $495.1 |
| &nbsp;&nbsp;Biller | 37.9 | 32.1 | 140.7 | 131.2 |

---

Note: Amounts may not recalculate due to rounding.

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **EPS Impact of Non-cash and Significant Transaction-related Items (millions)** | **Three Months Ended December 31,** | **Three Months Ended December 31,** | **Three Months Ended December 31,** | **Three Months Ended December 31,** |
|  | **2025** | **2025** | **2024** | **2024** |
|  | **EPS Impact** | **$ in Millions<br>(Net of Tax)** | **EPS Impact** | **$ in Millions<br>(Net of Tax)** |
| **GAAP net income** | $0.62 | $64.3 | $0.93 | $98.6 |
| Adjusted for: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Significant transaction-related expenses | 0.02 | 1.7 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of acquisition-related intangibles | 0.04 | 4.2 | 0.04 | 4.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of acquisition-related software | 0.03 | 3.3 | 0.03 | 3.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-cash stock-based compensation | 0.19 | 19.9 | 0.08 | 8.8 |
| **Total adjustments** | $0.28 | $29.1 | $0.15 | $16.6 |
| **Diluted EPS adjusted for non-cash and significant transaction-related items** | $0.90 | $93.4 | $1.08 | $115.2 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **EPS Impact of Non-cash and Significant Transaction-related Items (millions)** | **Years Ended Years Ended December 31,** | **Years Ended Years Ended December 31,** | **Years Ended Years Ended December 31,** | **Years Ended Years Ended December 31,** |
|  | **2025** | **2025** | **2024** | **2024** |
|  | **EPS Impact** | **$ in Millions<br>(Net of Tax)** | **EPS Impact** | **$ in Millions<br>(Net of Tax)** |
| **GAAP net income** | $2.16 | $226.7 | $1.91 | $203.1 |
| Adjusted for: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gain on divestiture | (0.21) | (21.7) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Significant transaction-related expenses | 0.07 | 6.9 | 0.07 | 7.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of acquisition-related intangibles | 0.16 | 16.7 | 0.22 | 23.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of acquisition-related software | 0.12 | 12.9 | 0.13 | 13.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-cash stock-based compensation | 0.53 | 55.8 | 0.31 | 32.6 |
| **Total adjustments** | $0.67 | $70.6 | $0.73 | $77.1 |
| **Diluted EPS adjusted for non-cash and significant transaction-related items** | $2.83 | $297.3 | $2.64 | $280.2 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Recurring Revenue (millions)** | **Three Months Ended December 31,** | **Three Months Ended December 31,** | **Years Ended<br>December 31,** | **Years Ended<br>December 31,** |
|  | **2025** | **2024** | **2025** | **2024** |
| &nbsp;&nbsp;&nbsp;SaaS and PaaS fees | $253.2 | $223.5 | $1008.4 | $898.0 |
| &nbsp;&nbsp;&nbsp;Maintenance fees | 50.8 | 46.7 | 201.3 | 190.8 |
| **Recurring revenue** | $304.0 | $270.2 | $1209.7 | $1088.7 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **New Bookings (millions)** | **Three Months Ended December 31,** | **Three Months Ended December 31,** | **Years Ended<br>December 31,** | **Years Ended<br>December 31,** |
|  | **2025** | **2024** | **2025** | **2024** |
| &nbsp;&nbsp;&nbsp;Annual recurring revenue (ARR) bookings | $24.4 | $35.2 | $70.3 | $65.7 |
| &nbsp;&nbsp;&nbsp;License and services bookings | 65.1 | 115.1 | 254.6 | 290.0 |

---

Note: Amounts may not recalculate due to rounding.

## Exhibit 99.2

![](aciw-20260226_ex992001.jpg)

Q4 2025 Earnings Presentation February 26, 2026 Exhibit 99.2

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![](aciw-20260226_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-20260226_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 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.

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![](aciw-20260226_ex992004.jpg)

ACI Financial Results for the Year Ended December 31, 2025 4 "ACI delivered another year of double-digit organic revenue growth, reflecting focused execution against our multi-year growth initiatives and value creation strategy. Our results continue to be driven by mission-critical payment and billing software that is deeply embedded in our customers' complex and highly regulated workflows, creating durable, long-term relationships. In 2025 revenue in our Payment Software segment increased 9%, while our Biller segment grew 13%. During the fourth quarter, we signed an additional ACI Connetic customer, and continue to see growing demand for our cloud- native payments platform. As we enter 2026, we remain focused on executing our strategy, advancing innovation across our payments portfolio, and driving long-term shareholder value." "2025 reflected consistent execution and disciplined financial performance for ACI. We delivered 10% revenue growth, generated $323 million in operating cash flow, returned $203 million to shareholders, and reduced net leverage to 1.2x. Our 2026 guidance is consistent with our long-term framework and reflects the durability of our recurring revenue base, continued margin discipline, and increased flexibility to return 50% to 60% of operating cash flow to shareholders, while continuing to invest in high-return organic initiatives and preserving capacity for disciplined, strategic M&A within our targeted leverage range." 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-20260226_ex992005.jpg)

Strong Growth and Financial Position 5 $196M CASH BALANCE 1.2x NET DEBT LEVERAGE RATIO 4.2M SHARES REPURCHASED DURING 2025 FOR $203M $456M REMAINING ON SHARE REPURCHASE AUTHORIZATION 10% REVENUE GROWTH 42% NET ADJUSTED EBITDA MARGIN\* $506M ADJUSTED EBITDA\* $323M CASH FLOW FROM OPERATING ACTIVITIES FULL YEAR 2025 AS OF DECEMBER 31, 2025 \*Non-GAAP financial measures: For definitions, reconciliation to the nearest GAAP measures and additional information regarding our use of these non-GAAP measures, please refer to the Supplemental Financial Data

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![](aciw-20260226_ex992006.jpg)

Q4 2025 Highlights Full Year 2025 Highlights 6 Consolidated Results Segment Results Share Repurchases Total revenue of $1,760M up 10% and total recurring revenue up 11% from 2024 Payment Software revenue up 9%, with segment adjusted EBITDA\* up 10% versus 2024 Repurchased approximately 4.2 million shares in 2025 Adjusted EBITDA\* of $506M up 9% from 2024 Biller revenue up 13% and segment adjusted EBITDA\* up 7% versus 2024 $456M remains available on the share repurchase authorization Consolidated Results Segment Results Balance Sheet Total revenue of $482M up 6% and total recurring revenue up 13% versus Q4 2024 Payment Software revenue up 2%, with segment recurring revenue up 12% and segment adjusted EBITDA\* up 3% versus Q4 2024 $196M cash on hand Adjusted EBITDA\* of $161M up 2% versus Q4 2024 Biller revenue up 13% and segment adjusted EBITDA\* up 18% versus Q4 2024 $823M debt balance Net debt ratio of 1.2x EBITDA\* \*Non-GAAP financial measures: For definitions, reconciliation to the nearest GAAP measures and additional information regarding our use of these non-GAAP measures, please refer to the Supplemental Financial Data

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![](aciw-20260226_ex992007.jpg)

2026 Financial Guidance Expect High Single-Digit Revenue and Adjusted EBITDA Growth, with Continued Capital Returns 7 Next Quarter Guidance Full Year Guidance Q1 2026 FY 2026 Low High Low High Revenue $405 $415 $1,880 $1,910 Adjusted EBITDA $88 $93 $530 $550 $'s in millions • Full year 2026 revenue phasing expected to be ~44% in 1H and ~56% in 2H • Expect to allocate 50% to 60% of cash flow from operating activities towards share repurchases, subject to market conditions • Capital expenditures to approximate to $45M • Cash taxes expected to approximate to $80 - 90M • Interest expense, net expected to approximate $30M • Depreciation and amortization expected to approximate $90M • Non-cash compensation expense expected to approximate $65 - 75M • Effective tax rate expected to approximate 25% • Diluted share count expected to approximate 105 million shares (excluding future share buy-back activity)

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![](aciw-20260226_ex992008.jpg)

Key Takeaways Continued Growth Momentum Entering 2026 Another year of double-digit revenue growth in 2025 Expanded ACI Connetic adoption with wins across key markets; momentum and pipeline building Advanced Speedpay One, our next generation Biller platform, with ongoing customer adoption. High margin model with $506M adjusted EBITDA in 2025, 42% net adjusted EBITDA margin, up from 41% in 2024 Strong financial position with $196M in cash and 1.2x net debt leverage ratio Returned $203M of capital to shareholders, with 4.2 million shares repurchased in 2025 Expect to allocate 50% to 60% of cash flow from operating activities in 2026 toward share repurchases Guiding high single-digit revenue and adjusted EBITDA growth in 2026, in line with long-term model 8

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![](aciw-20260226_ex992009.jpg)

Supplemental Financial Data 9

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![](aciw-20260226_ex992010.jpg)

Supplemental Financial Data 10 Three Months Ended December 31, Years Ended December 31, Recurring Revenue (millions) 2025 2024 2025 2024 SaaS and PaaS fees $253.2 $223.5 $1008.4 $898.0 Maintenance fees 50.8 46.7 201.3 190.8 Recurring Revenue $304.0 $270.2 $1,209.7 $1,088.7 Three Months Ended December 31, Years Ended December 31, New Bookings (millions) 2025 2024 2025 2024 Annual recurring revenue (ARR) bookings $24.4 $35.2 $70.3 $65.7 License and services bookings 65.1 115.1 254.6 290.0 Note: Amounts may not recalculate due to rounding.

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![](aciw-20260226_ex992011.jpg)

Supplemental Financial Data 11 Three Months Ended December 31, Years Ended December 31, Adjusted EBITDA (millions) 2025 2024 2025 2024 Net income $64.3 $98.6 $226.7 $203.1 Plus: Income tax expense 34.7 11.7 80.0 47.3 Net interest expense 10.6 12.5 43.0 56.5 Net other (income) expense (0.8) (0.5) (19.7) 1.2 Depreciation expense 3.3 3.2 12.8 18.2 Amortization expense 21.4 21.1 84.1 92.8 Non-cash stock-based compensation expense 25.2 11.1 70.6 41.3 Adjusted EBITDA before significant transaction-related expenses $158.7 $157.7 $497.5 $460.4 Significant transaction-related expenses: Cost reduction strategies 1.5 — 7.7 4.3 Other 0.7 — 1.2 1.0 Adjusted EBITDA $160.9 $157.7 $506.4 $465.7 Revenue, net of interchange Revenue $481.6 $453.0 $1,759.8 $1,594.3 Interchange 137.4 115.7 554.6 469.4 Revenue, net of interchange $344.2 $337.3 $1,205.2 $1,124.9 Net Adjusted EBITDA Margin 47 % 47 % 42 % 41 %

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![](aciw-20260226_ex992012.jpg)

Supplemental Financial Data 12 Three Months Ended December 31, Years Ended December 31, Segment Information (millions) 2025 2024 2025 2024 Revenue Payment Software $278.0 $272.8 $942.1 $867.8 Biller 203.6 180.2 817.7 726.5 Total Revenue $481.6 $453.0 $1,759.8 $1,594.3 Recurring Revenue Payment Software $100.4 $90.0 $392.0 $362.2 Biller 203.6 180.2 817.7 726.5 Total $304.0 $270.2 $1,209.7 $1,088.7 Segment Adjusted EBITDA Payment Software $172.2 $167.6 $543.7 $495.1 Biller 37.9 32.1 140.7 131.2 Note: Amounts may not recalculate due to rounding.

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![](aciw-20260226_ex992013.jpg)

Supplemental Financial Data 13 EPS Impact of Non-cash and Significant Transaction-related Items (millions) Three Months Ended December 31, 2025 2024 EPS Impact $ in Millions (Net of Tax) EPS Impact $ in Millions (Net of Tax) GAAP net income $0.62 $64.3 $0.93 $98.6 Adjusted for: Significant transaction-related expenses 0.02 1.7 — — Amortization of acquisition-related intangibles 0.04 4.2 0.04 4.5 Amortization of acquisition-related software 0.03 3.3 0.03 3.3 Non-cash stock-based compensation 0.19 19.9 0.08 8.8 Total adjustments 0.28 29.1 0.15 16.6 Diluted EPS adjusted for non-cash and significant transaction- related items $0.90 $93.4 $1.08 $115.2 Note: Amounts may not recalculate due to rounding. Years Ended December 31, 2025 2024 EPS Impact $ in Millions (Net of Tax) EPS Impact $ in Millions (Net of Tax) GAAP net income $2.16 $226.7 $1.91 $203.1 Adjusted for: Gain on sale of equity investment (0.21) (21.7) — — Significant transaction-related expenses 0.07 6.9 0.07 7.4 Amortization of acquisition-related intangibles 0.16 16.7 0.22 23.3 Amortization of acquisition-related software 0.12 12.9 0.13 13.8 Non-cash stock-based compensation 0.53 55.8 0.31 32.6 Total adjustments 0.67 70.6 0.73 77.1 Diluted EPS adjusted for non-cash and significant transaction- related items $2.83 $297.3 $2.64 $280.2

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![](aciw-20260226_ex992014.jpg)

Non-GAAP Financial Measures 14 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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Forward Looking Statements 15 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 press release include, but are not limited to: (i) our results continue to be driven by mission-critical payment and billing software that is deeply embedded in our customers' complex and highly regulated workflows, creating durable, long-term relationships, (ii) we signed an additional ACI Connetic customer and continue to see growing demand for our cloud-native payments platform (iii) as we enter 2026, we remain focused on executing our strategy, advancing innovation across our payments portfolio, and driving long term shareholder value, (iv) our 2026 guidance is consistent with our long term framework and reflects the durability of our recurring revenue base, continued margin discipline, and increased flexibility to return 50% to 60% of operating cash flow to shareholders, while continuing to invest in high return organic initiatives and preserving capacity for disciplined, strategic M&A within our targeted leverage range, and (v) Q1 2026 and full-year 2026 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, reliance on third-party cloud infrastructure and related services, reliance on third-parties, 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, 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, adoption of ACI Connetic, 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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