ACI Worldwide (ACIW) FY2024 results: revenue $1.6 billion, up 9.8% on the year

ACI Worldwide, Inc. (ACIW) reported revenue of $1.6 billion for fiscal 2024, the year ended 31 December 2024, up 9.8% on the year before. Net income was $203 million, up 67.2%, and diluted earnings per share $1.91. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.

Revenue

$1.6 billion

+9.8% on the year

FY2017FY2024

Operating margin

19.3%

15.2% a year earlier

FY2017FY2024

Net income

$203 million

+67.2% on the year

FY2017FY2024

Diluted EPS

$1.91

+70.5% on the year

FY2017FY2024

this yearthe year beforeHover a bar for its figure.

The year in brief

The four quarters: Q1 FY2024 · Q2 FY2024 · Q3 FY2024 · Q4 FY2024

Income statement (profit and loss)

$ million	FY2024	FY2023	FY2022	On the year
Revenue	1,594	1,453	1,422	+9.8%
Cost of revenue	792	719	696	+10.1%
Gross profit	803	733	726	+9.4%
Gross margin	50.3%	50.5%	51.0%
Operating income	308	220	204	+39.8%
Operating margin	19.3%	15.2%	14.3%
Interest expense	72.5	78.5	53.2	-7.7%
Pre-tax income	250	148	207	+69.6%
Income tax	47.3	26.1	64.5	+81.1%
Effective tax rate	18.9%	17.7%	31.2%
Net income	203	122	142	+67.2%
Net margin	12.7%	8.4%	10.0%
Diluted EPS	$1.91	$1.12	$1.24	+70.5%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	FY2024	FY2023	FY2022	On the year
Operating cash flow	359	169	143	+112.9%
Capital expenditure	15.4	8.9	13.1	+72.6%
Free cash flow	343	160	130	+115.1%
Free cash flow margin	21.5%	11.0%	9.2%
Cash from investing	-45.1	-37.8	60.2
Cash from financing	-288	-112	-171
Depreciation and amortisation	111	122	127	-9.3%
Share-based compensation	41.3	24.5	29.8	+68.2%
Buybacks	128	27.6	207	+362.8%
Diluted shares, weighted	106m	109m	114m	-2.2%
Shares outstanding at period end	105m	108m	108m	-2.6%

Balance sheet

$ million	FY2024	FY2023	FY2022	On the year
Shareholders' equity	1,424	1,324	1,193	+7.6%
Debt	925	1,038	1,090	-10.9%
Operating lease liabilities	22.6	29.1	33.9	-22.3%
Other liabilities	654	1,053	893	-37.9%
Total liabilities and equity	3,025	3,445	3,210	-12.2%
Fixed assets	35.1	37.9	52.5	-7.4%
Goodwill	1,226	1,226	1,226	0.0%
Intangible assets	165	196	229	-15.5%
Cash and equivalents	216	164	125	+31.8%
Receivables	414	452	404	-8.4%
Other assets	968	1,369	1,174	-29.3%
Total assets	3,025	3,445	3,210	-12.2%

10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.