ACI Worldwide said today (Thursday) that third-quarter revenue fell 12% year over year to $427 million. The payments software maker blamed the timing of license renewals, which this year fall mostly in the final quarter.
It still lifted its 2026 adjusted EBITDA forecast to $550 million to $565 million, from $545 million to $560 million, the third increase this year.
The guidance now leans heavily on a single quarter. The company expects fourth-quarter revenue of $612 million to $642 million, up 27% to 33% from $481.6 million a year earlier.
That equals about a third of ACI Worldwide's unchanged full-year revenue range of $1.895 billion to $1.925 billion, by FinanceMagnates.com's calculation.
ACI set its first 2026 EBITDA range, $530 million to $550 million, in February. Adyen moved the other way last week, when it cut its 2026 EBITDA margin target to 50% and dropped its goal for 2028.
ACI's sales have leaned toward the end of the year before, though not this far. The fourth quarter brought 27% of annual revenue in 2025 and 28% in 2024, based on the company's results, against the 32% to 33% now implied for 2026.
The tilt is steeper in earnings. Fourth-quarter adjusted EBITDA guidance of $257 million to $272 million would equal 47% to 48% of the full-year range, compared with 32% in 2025 and 34% in 2024, by FinanceMagnates.com's calculation.
"With high visibility into scheduled renewals, we are confident in our full-year outlook," Chief Executive Thomas Warsop said in the earnings release.
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