ACI Worldwide reported Q2 2025 revenue of $401 million, up 7% year-over-year, with recurring revenue growing 13%.
Biller segment revenue grew 13% and adjusted EBITDA grew 4% in the first half of 2025.
Cash flow from operations was $128 million in the first half, down from $178 million last year due to receivables timing.
For the first half of 2025, revenue grew 15%, recurring revenue grew 11%, and adjusted EBITDA increased 24% compared to the first half of 2024.
Payment Software segment revenue declined 1% in Q2 with a 12% decrease in adjusted EBITDA, reflecting expected renewal timing impacts.
Payment Software segment revenue grew 18% and adjusted EBITDA grew 29% in the first half, with strong growth in banking solutions.
The Biller segment grew 16% in revenue and 6% in adjusted EBITDA in Q2, driven by government, consumer finance, and utility markets.
The company ended Q2 with $190 million in cash and a net leverage ratio of 1.4x adjusted EBITDA, well below the 2x target.
Total adjusted EBITDA for Q2 was $181 million, down 13% year-over-year due to timing of license-based contracts and Payment Software segment performance.
Record Sales and Earnings Driven by AI and High-Tech Products
Amphenol achieved record sales of $5.65 billion in Q2 2025, up 57% YoY, with record GAAP and adjusted EPS of $0.86 and $0.81.
Growth was driven by strong performance in high-technology products, especially in AI-related applications, which contributed approximately 2/3 of the growth.
The company outperformed guidance significantly, with sales exceeding expectations by about $150 million, largely due to AI and digital infrastructure demand.
Dafinchi