ACI Worldwide (ACIW) Q2 2026 earnings summary

Executive summary

• Q2 2026 revenue grew 7% year-over-year to $430M, with net income up 161% to $32M and adjusted EBITDA up 12%; driven by SaaS/PaaS, license, and services growth, and continued investment in cloud-native and AI-powered platforms.

• Signed two major U.S. customers for ACI Connetic, enabling the platform across eight major U.S. payment networks; pipeline for Connetic is fastest-growing.

• Raised full-year 2026 revenue and adjusted EBITDA guidance, reflecting strong first-half performance and a robust sales pipeline.

• Continued progress on strategic initiatives, including AI-powered solutions and Speedpay ONE adoption.

• Repurchased 2.5 million shares year-to-date for $107M; $349M remains authorized for repurchases.

Financial highlights

• Q2 2026 revenue: $430M, up 7% year-over-year (6% in constant currency); adjusted EBITDA: $91M, up 12%; adjusted diluted EPS: $0.54, up 54%.

• Net income for Q2: $32M, up from $12M a year ago; operating income: $44.6M, up 28%.

• Year-to-date 2026 revenue: $856M, up 8%; adjusted EBITDA: $196M, up 12%; operating cash flow: $135M.

• SaaS/PaaS revenue up 5%, license revenue up 21%, maintenance up 2%, services up 11% in Q2.

• Net adjusted EBITDA margin for Q2: 34%, up from 32% in Q2 2025; gross margin: 42%.

Outlook and guidance

• Full-year 2026 revenue guidance raised to $1.895B–$1.925B; adjusted EBITDA guidance raised to $545M–$560M.

• Q3 2026 revenue expected at $417M–$427M; adjusted EBITDA at $90M–$95M.

• Revenue and EBITDA expected to be weighted 40% in Q3 and 60% in Q4 due to timing of high-margin Payment Software renewals.

• Biller segment expected to deliver upper single-digit growth for the full year; backlog at $7.28B supports future revenue.

• 50–60% of operating cash flow expected to be allocated to share repurchases in 2026.