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Sells payment-processing software to banks, merchants and billers for real-time payments, card transactions and fraud detection.
Sells payment-processing software to banks, merchants and billers for real-time payments, card transactions and fraud detection.
Earns recurring fees from payment software that banks run, from hosted services priced by transaction volume, and from per-transaction fees on bill payments, plus larger licence deals recognised when signed. Its long-installed card and ATM payment software gives a base of maintenance revenue.
Moat: narrow (switching costs, installed base, scale). Mission-critical, deeply embedded payments infrastructure at banks is costly and risky to replace.
Headquarters: Miami, Florida, United States · Founded: 1975 · Employees: 2,930
Size ACI Worldwide (ACIW) is a United States Information Technology company (Packaged Software) with a market value of $6.06B, the 1056th largest of 3,117 United States companies the cockpit tracks. Shares closed at $60.02 on 6 Nov 2026.
Performance Over six months the shares gained 31.9%, against +8.8% for the median peer and -1.1% for the United States market (cap-weighted) — 7th highest of 20 in its peer set.
Growth Revenue grew 7.0% over the last twelve months (peer median +12.6%); the operating margin is 19.0% (peer median 12.8%).
Valuation It trades at 22.9× forward earnings against a peer median of 19.7× (9th most expensive of 20).
Price implies For today's price to make sense, revenue must grow about 12% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +5 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 3.2 points above its cost of capital (9.3% WACC).
Backlog Backlog (remaining performance obligations) was $702M at 30 Sep 2026, down 7% on a year earlier — 0.4 years of trailing revenue. Backlog detail →
Short interest Short interest is 6.2% of the free float (15 Oct 2026).
Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.82B | $1.76B | $1.59B | $1.45B | $1.42B |
| Revenue growth | — | +10% | +10% | +2% | — |
| Gross profit | $795M | $765M | $692M | $611M | $599M |
| EBITDA | $454M | $445M | $434M | $357M | $345M |
| Net income | $226M | $227M | $203M | $122M | $142M |
| Free cash flow | $312M | $310M | $343M | $160M | $130M |
| Capital expenditure | $45.1M | $33.4M | $45.1M | $37.8M | $39.9M |
| Total debt | $864M | $861M | $971M | $1.09B | $1.16B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| ACI Worldwide ACIW | $6.06B | +32% | +7% | 19% | 22.9× | 11.8% |
| Fidelity National Information Services FIS | $14.8B | -33% | +24% | 22% | 5.1× | n/a |
| Fiserv FISV | $33.4B | +13% | -2% | 19% | 8.2× | n/a |
| Jack Henry & Associates JKHY | $12.1B | +19% | +6% | 25% | 22.9× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ACIW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +17.5% | +4.5% | 3rd highest of 21 |
| 6-month return | +31.9% | +8.8% | 7th highest of 20 |
| Distance from 52-week high | -4.9% | -30.4% | 2nd highest of 21 |
| Revenue growth (TTM) | +7.0% | +12.6% | 6th lowest of 21 |
| Operating margin | 19.0% | 12.8% | 10th highest of 21 |
| Forward P/E | 22.9× | 19.7× | 9th most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | 11.8% | 8.6% | 8th most demanding of 19 |
| Growth delivered (Del g) | +6.3% | +16.3% | 4th lowest of 19 |
| Hurdle (Req g minus delivered) | +5.5 pp | -6.0 pp | 7th most demanding of 19 |
| ROIC minus cost of capital | +3.2 pp | +3.5 pp | 9th lowest of 18 |
| EV / EBITDA | 14.9× | 14.8× | 6th most expensive of 12 |
| Net debt / EBITDA | 1.5× | -0.6× | 4th most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ACI Worldwide ACIW | United States | $6.06B | +32% | +7% | 19% | 22.9× | 11.8% | +6.3% |
| Bilibili 9626.HK | Hong Kong | $6.06B | -36% | +11% | 4% | 14.2× | 7.3% | +19.5% |
| Hundsun Technologies 600570.SS | China | $6.05B | -20% | -5% | 9% | 30.1× | 34.8% | +7.0% |
| Dolby Laboratories DLB | United States | $6.07B | +11% | +1% | 19% | 14.3× | 10.0% | +3.0% |
| Open Text OTEX.TO | Canada | $6.07B | +9% | +1% | 23% | 6.4× | -6.2% | +10.8% |
| RingCentral RNG | United States | $6.09B | +58% | +5% | 9% | 13.3× | 15.2% | +16.3% |
| NIQ Global Intelligence NIQ | United States | $6.02B | +5% | +9% | 8% | 17.1× | 10.9% | +14.6% |
| Shanghai Baosight Software 600845.SS | China | $5.97B | -24% | +11% | 10% | 30.3× | 6.9% | +1.4% |
| Klaviyo KVYO | United States | $5.90B | +36% | +29% | -2% | 19.7× | 7.0% | +37.7% |
| Topicus.com TOI.V | Canada | $6.25B | +9% | +28% | 15% | 21.3× | 0.7% | +26.5% |
| SenseTime 0020.HK | Hong Kong | $6.25B | -44% | +31% | -51% | n/a | n/a | n/a |
| Navan NAVN | United States | $6.25B | +36% | +35% | -25% | 76.3× | n/a | n/a |
| International Games System 3293.TWO | Taiwan | $6.27B | 0% | +15% | 59% | 14.4× | -4.0% | +21.2% |
| Doximity DOCS | United States | $5.79B | +25% | +11% | 31% | 23.3× | 16.3% | +25.5% |
| Commvault Systems CVLT | United States | $6.48B | +51% | +14% | 10% | 27.6× | 26.9% | +10.3% |
| Varonis Systems VRNS | United States | $5.63B | +71% | +18% | -25% | 138.0× | 23.0% | +16.3% |
| Sectra SECT-B.ST | Sweden | $6.53B | +27% | +14% | 20% | 85.0× | 29.0% | +16.8% |
| Giant Network 002558.SZ | China | $5.61B | -35% | +105% | 48% | 10.0× | -2.1% | +17.9% |
| Octave Intelligence OCTV | United States | $5.60B | n/a | +1% | 20% | 14.7× | 17.0% | +1.3% |
| Qualys QLYS | United States | $6.59B | +102% | +11% | 35% | 23.7× | 4.7% | +13.1% |
| Kingnet Network 002517.SZ | China | $5.47B | -4% | +62% | 29% | 13.7× | 6.3% | +28.1% |
ACI Worldwide reported $702M of remaining performance obligations at 30 Sep 2026, down 7% from a year earlier and up 7% from the previous quarter. That is 0.4 years of trailing revenue already under contract. Book-to-bill last quarter: 1.11.