10-K · February 26, 2026
SS&C reports continued top-line growth and strong cash generation in 2025, with revenues of $6,272.2 million versus $5,882.0 million in 2024 and robust software‑enabled services scale. The company emphasizes its high…
Earnings analysis · 10-Q
SSNC earnings analysis
Filed April 30, 2026 · Our reading of the company's report
The latest report
SS&C Technologies reported strong Q1 2026 results with revenue of $1.65 billion, marking an 8.8% year-over-year increase, driven largely by their technology-enabled services which grew 10.8%. Adjusted diluted EPS…
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SS&C Technologies reported strong Q1 2026 results with revenue of $1.65 billion, marking an 8.8% year-over-year increase, driven largely by their technology-enabled services which grew 10.8%. Adjusted diluted EPS reached $1.69, surpassing the expected $1.62, alongside a positive cash flow generation of $299.7 million from operations.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.69
What stood out
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Revenue Growth of 8.8% YoY
SS&C's revenue rose to $1.65 billion, up from $1.51 billion in Q1 2025, indicating strong demand and market positioning.
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Adjusted EPS Beats Estimates
The actual diluted EPS climbed to $1.69 compared to estimates of $1.62, reflecting effective cost management and operational efficiency.
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Technology-Enabled Services Led Growth
Technology-enabled services revenue increased by $137.4 million, or 10.8%, contributing significantly to overall revenue.
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Strong Operating Cash Flow
Generated $299.7 million in operating cash flow, up from $272.2 million year-over-year, supporting liquidity and investment plans.
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Improved Gross Margin
Gross margin improved slightly to 48.7% from 49.3% in Q1 2025, indicating efficient cost management despite rising costs.
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Increased Dividend Payments
Quarterly dividend increased from $0.25 to $0.27 per share, totaling $65.3 million, demonstrating commitment to returning value to shareholders.
What to watch
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High Debt Levels
SS&C holds $6.4 billion in total debt, with a substantial part maturing in the next few years, raising liquidity concerns.
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Foreign Currency Risks
Approximately 24% of revenue is international, raising exposure to currency fluctuations which could impact financial results.
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Interest Rate Sensitivity
With $4.71 billion in variable interest debt, a 100 basis point increase could lead to an annual increase of $47.1 million in interest expense.
Management's outlook
Outlook includes FY 2026 adjusted revenue of $6.664–$6.824 billion and adjusted diluted EPS guidance of $6.74–$7.06.
Earlier filings 4
10-Q · July 30, 2025
SS&C reported Q2 2025 total revenues of $1,536.8 million, up $85.3 million (≈5.9%) year-over-year, driven by software-enabled services. Operating income increased to $344.5 million (from $327.6 million), while GAAP…
10-Q · April 30, 2025
SS&C reported strong Q1 results with total revenue of $1,513.9 million (up $78.9M or 5.5% YoY) and GAAP diluted EPS of $0.84 (vs. $0.62 in Q1 2024). Software-enabled services drove the top-line, while gross margin…
10-Q · August 1, 2024
SS&C reported Q2 2024 revenue of $1,451.5 million, up 6.5% year-over-year, with gross profit of $698.3 million and diluted EPS of $0.75. Operating income of $327.6 million (22.6% operating margin) improved versus the…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.