HIGHLIGHTS

• Q3 revenue of $427 million, net income of $33 million, adjusted EBITDA of $98 million
• YTD operating cash flow of $254 million, up 26%
• Q3 new ARR bookings up 86%, with growth across both Payment Software and Biller segments
• Successful go-live of first ACI Connetic customer, announced two additional ACI Connetic wins
• Repurchased 3.4 million shares YTD for $157 million, on track to allocate 50-60% of 2026 operating cash flow to share repurchases
• Accelerated modernization vision and expanded addressable market with the acquisition of Cranium Ventures
• Reiterating FY 2026 revenue guidance, raising adjusted EBITDA guidance

ACI Worldwide (NASDAQ: ACIW), a leading provider of global payments technology, today announced financial results for the third quarter ended September 30, 2026.

“ACI executed well in the third quarter, delivering results ahead of expectations, demonstrating the significant progress we have achieved against our key strategic priorities. ARR bookings were particularly strong, reflecting healthy demand across the business,” said Thomas Warsop, President and CEO of ACI Worldwide.

“We continue to see strong momentum in our innovation agenda, reaching important milestones with ACI Connetic, including our first customer go-live and two additional wins, while continuing to advance Speedpay ONE for our bill pay customers. We are investing to accelerate growth momentum, including the acquisition of Cranium Ventures to add multi-rail card switching microservices, while maintaining our balanced, disciplined approach to capital allocation by returning approximately $157 million year-to-date to shareholders through share repurchases. With high visibility into scheduled renewals, we are confident in our full-year outlook of upper-single-digit revenue growth with margin expansion.”

Q3 2026 FINANCIAL SUMMARY

Q3 2026 total revenue was $427 million, down 12% from Q3 2025, or down 11% on a constant currency basis, due primarily to the timing of this year's license renewals. Recurring revenue was $309 million, up 4% from Q3 2025, on a reported and constant currency basis.

Net income of $33 million in Q3 2026 compares to net income of $91 million in Q3 2025. Total adjusted EBITDA in Q3 2026 was $98 million, down 43% from Q3 2025, or down 42% on a constant currency basis. Net adjusted EBITDA margin in Q3 2026 was 35%, down from 49% in Q3 2025.

GAAP diluted EPS in Q3 2026 was $0.32 and adjusted diluted EPS was $0.54, down 50% from Q3 2025.

PAYMENT SOFTWARE SEGMENT RESULTS

Payment Software revenue in Q3 2026 was $216 million, down 24% from Q3 2025, or down 23% on a constant currency basis, reflecting the expected concentration of 2026 renewals in the fourth quarter. Recurring revenue in the segment, which represents SaaS and Maintenance revenues, decreased 1% on a reported and constant currency basis versus Q3 2025.

Payment Software adjusted EBITDA in Q3 2026 was $107 million, down 41%, on a reported and constant currency basis from Q3 2025. As a result, net adjusted EBITDA margin in Q3 2026 was 49%, down from 64% in Q3 2025. The company continues to expect upper-single-digit Payment Software revenue growth for the full-year 2026, with the strongest quarterly growth in the fourth quarter.

BILLER SEGMENT RESULTS

Biller revenue in Q3 2026 was $210 million, up 6% from Q3 2025 on a reported and constant currency basis. Biller revenue, net of interchange fees, was $66 million, up 5%, from Q3 2025, benefiting from continued progress on interchange optimization. Based on new business wins and current transaction trends, the company continues to expect upper-single-digit Biller revenue growth for the full-year 2026.

Biller adjusted EBITDA in Q3 2026 was $34 million, up 4%, from Q3 2025. Net adjusted EBITDA margin, net of interchange fees, was 51%, in line with Q3 2025.

YEAR-TO-DATE 2026 FINANCIAL SUMMARY

Year-to-date 2026 total revenue was $1.3 billion, in line with the same period last year, on a reported and constant currency basis. Recurring revenue was $959 million, up 6% from year-to-date 2025, or up 5% on a constant currency basis. Year-to-date 2026 net income of $103 million compares to net income of $162 million for year-to-date 2025, which included a $22 million after-tax gain on the sale of our minority interest in Mindgate. GAAP diluted EPS for year-to-date 2026 was $1.01 and adjusted diluted EPS was $1.70, down 12% from year-to-date 2025.

Total adjusted EBITDA for year-to-date 2026 was $294 million, down 15% from year-to-date 2025, or down 16% on a constant currency basis. Net adjusted EBITDA margin for year-to-date 2026 was 36%, down from 40% in year-to-date 2025.

NEW BOOKINGS

Net new ARR bookings in Q3 2026 were $24 million, up 86%, from Q3 2025. New license and services bookings were $64 million in Q3 2026, down 21% from Q3 2025. Net new ARR bookings for the trailing 12 months ended September 30, 2026 were $79 million, down 3% from 2025. New license and services bookings for the trailing 12 months ended September 30, 2026 were $238 million, down 22% from 2025. The company continues to expect growth for both full-year 2026 new ARR and new license and services bookings.

BALANCE SHEET AND LIQUIDITY, CASH FLOW, AND REPURCHASES

ACI ended Q3 2026 with $219 million in cash on hand and a debt balance of $821 million, representing a net debt leverage ratio of 1.3x adjusted EBITDA. ACI had total cash and available liquidity under its credit facility of $587 million. Operating cash flows for year-to-date 2026 were $254 million, up 26% from $201 million for year-to-date 2025.

During Q3 2026, the company repurchased approximately 935,000 shares for approximately $50 million. Year-to-date 2026, repurchases totaled 3.4 million shares for approximately $157 million at an average price of $45.69. The company has $299 million of availability under the existing repurchase authorization and continues to expect to allocate 50-60% of operating cash flow to share repurchases for the full year, subject to market conditions.

RAISING 2026 ADJUSTED EBITDA GUIDANCE

Based on YTD 2026 performance and strong visibility into the remainder of the year, the company reiterates its full-year 2026 revenue guidance and increases full-year adjusted EBITDA guidance. The company expects revenue in the range of $1.895 billion to $1.925 billion and adjusted EBITDA in the range of $550 million to $565 million, which is up from the range of $545 million to $560 million. The company expects Q4 2026 revenue of $612 million to $642 million and adjusted EBITDA of $257 million to $272 million.

CONFERENCE CALL TO DISCUSS FINANCIAL RESULTS

Today, management will host a conference call at 8:30 a.m. ET to discuss these results.

Webcast: http://investor.aciworldwide.com/
Pre-registration (recommended): https://events.q4inc.com/analyst/936018884?pwd=TE42ZJuT

Pre-registration provides a unique passcode to join without operator assistance.

Standard Dial-in:
Meeting ID: 936018884
USA Toll-Free: 1 833 461 5787
International Toll: 1 585 542 9983

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 more than 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 ONE 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.

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:

• 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).

• 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).

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

• 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.

• 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) we continue to see strong momentum in our innovation agenda, reaching important milestones with ACI Connetic, including our first customer go-live and two additional wins, while continuing to advance Speedpay ONE for our bill pay customers, (ii) with high visibility into scheduled renewals, we are confident in our full year outlook of upper-single-digit revenue growth with margin expansion, (iii) we expect both Payment Software and Biller segments to grow upper single digits, (iv) the company continues to expect growth for both full year 2026 new ARR and new license and services bookings, (v) our full‑year outlook including Q4 2026 and full-year 2026 revenue and adjusted EBITDA financial guidance, and (vi) expectations to allocate 50-60% of operating cash flow to share repurchases for the full year, subject to market conditions.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261105616210/en/

ACI Worldwide reports Q3 2026 revenue of $427 million, with new ARR bookings up 86%. The company raises its FY 2026 adjusted EBITDA guidance.