SSNC

MKT CAP:$16B

SS&C Technologies Holdings, Inc.

Market Cap

$16B

Technology·Software - Application·🇺🇸 United States·NASDAQ

Technology·Software App·🇺🇸·NASDAQ

Stock Price

$70.06-$15.69 (-18.30%)

Apr 23, 2026

Company Details

SS&C Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates technology stack across securities acc...

CEO

William C. Stone

IPO Date

Mar 31, 2010

Website

www.ssctech.com

Key Metrics TTM

Revenue

$6.4B

+7.5% YoY

Net Income

$810M

EPS (Diluted)

$3.23

Free Cash Flow

$1.7B

Revenue / Share

$25.87

Gross Margin

48.0%

Operating Margin

23.1%

Net Margin

12.6%

FCF Margin

26.7%

P/S

2.5x

P/E

19.9x

Earnings Reports

Q1 2026

Apr 23, 2026

NEW

$1.6B+8.8%EPS $0.91

FY 2025

Feb 26, 2026

$6.3B+6.6%EPS $3.15

Q4 2025

Feb 26, 2026

$1.7B+8.1%EPS $0.77

Q3 2025

Oct 30, 2025

$1.6B+7.0%EPS $0.83

Q2 2025

Jul 30, 2025

$1.5B+5.9%EPS $0.72

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$1.3B	$624M	$246M
Q3 22	$1.3B	$624M	$304M
Q4 22	$1.3B	$647M	$301M
Q1 23	$1.4B	$637M	$280M
Q2 23	$1.4B	$641M	$288M
Q3 23	$1.4B	$654M	$306M
Q4 23	$1.4B	$719M	$334M
Q1 24	$1.4B	$707M	$333M
Q2 24	$1.5B	$698M	$328M
Q3 24	$1.5B	$704M	$325M
Q4 24	$1.5B	$754M	$358M
Q1 25	$1.5B	$747M	$358M
Q2 25	$1.5B	$737M	$345M
Q3 25	$1.6B	$748M	$366M
Q4 25	$1.7B	$790M	$369M
Q1 26	$1.6B	$802M	$398M

Valuation

Quarter	P/S	P/E
Q2 22	3.0x	21.4x
Q3 22	2.4x	17.9x
Q4 22	2.6x	21.0x
Q1 23	2.6x	23.3x
Q2 23	2.8x	24.0x
Q3 23	2.4x	20.7x
Q4 23	2.7x	24.8x
Q1 24	2.8x	24.5x
Q2 24	2.7x	22.0x
Q3 24	3.2x	25.9x
Q4 24	3.2x	24.5x
Q1 25	3.5x	25.2x
Q2 25	3.4x	25.2x
Q3 25	3.5x	25.3x
Q4 25	3.5x	27.5x
Q1 26	2.5x	20.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 22	$264M	$214M
Q3 22	$317M	$242M
Q4 22	$370M	$323M
Q1 23	$255M	$202M
Q2 23	$329M	$261M
Q3 23	$243M	$182M
Q4 23	$388M	$319M
Q1 24	$181M	$125M
Q2 24	$385M	$325M
Q3 24	$337M	$261M
Q4 24	$462M	$592M
Q1 25	$272M	$260M
Q2 25	$373M	$350M
Q3 25	$456M	$422M
Q4 25	$655M	$645M
Q1 26	$300M	$294M

Capital Expenditures

Quarter	CapEx
Q2 22	$50M
Q3 22	$76M
Q4 22	$47M
Q1 23	$53M
Q2 23	$68M
Q3 23	$60M
Q4 23	$70M
Q1 24	$56M
Q2 24	$60M
Q3 24	$75M
Q4 24	$130M
Q1 25	$13M
Q2 25	$23M
Q3 25	$35M
Q4 25	$11M
Q1 26	$6M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+5.5%	+14.5%
Q3 22	+4.5%	+10.0%
Q4 22	+3.4%	+6.5%
Q1 23	+5.2%	+7.9%
Q2 23	+2.6%	-0.8%
Q3 23	+3.4%	+4.2%
Q4 23	+5.5%	+3.9%
Q1 24	+5.3%	+1.8%
Q2 24	+6.5%	+4.6%
Q3 24	+7.3%	+7.7%
Q4 24	+8.4%	+8.8%
Q1 25	+5.5%	+4.9%
Q2 25	+5.9%	+6.1%
Q3 25	+7.0%	+5.4%
Q4 25	+8.1%	+9.7%
Q1 26	+8.8%	+8.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 22	$46M	3.5%
Q3 22	$7M	0.6%
Q4 22	$32M	2.4%
Q1 23	$42M	3.1%
Q2 23	$34M	2.5%
Q3 23	$42M	3.1%
Q4 23	$42M	3.0%
Q1 24	$45M	3.1%
Q2 24	$51M	3.5%
Q3 24	$52M	3.6%
Q4 24	$55M	3.6%
Q1 25	$53M	3.5%
Q2 25	$60M	3.9%
Q3 25	$60M	3.8%
Q4 25	$85M	5.1%
Q1 26	$62M	3.7%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q2 22	$118M	$121M	$139M
Q3 22	$108M	$91M	$121M
Q4 22	$116M	$102M	$129M
Q1 23	$118M	$99M	$140M
Q2 23	$120M	$96M	$137M
Q3 23	$118M	$96M	$135M
Q4 23	$118M	$128M	$139M
Q1 24	$121M	$113M	$141M
Q2 24	$129M	$99M	$143M
Q3 24	$131M	$104M	$144M
Q4 24	$137M	$103M	$157M
Q1 25	$129M	$108M	$152M
Q2 25	$128M	$112M	$152M
Q3 25	$119M	$119M	$145M
Q4 25	$132M	$114M	$176M
Q1 26	$135M	$117M	$152M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q2 22	5.5%	29.1%	34.7
Q3 22	4.5%	35.1%	39.6
Q4 22	3.4%	41.8%	45.2
Q1 23	5.2%	33.5%	38.7
Q2 23	2.6%	35.1%	37.7
Q3 23	3.4%	36.4%	39.8
Q4 23	5.5%	40.6%	46.0
Q1 24	5.3%	35.3%	40.6
Q2 24	6.5%	33.4%	40.0
Q3 24	7.3%	34.5%	41.8
Q4 24	8.4%	35.3%	43.7
Q1 25	5.5%	35.5%	41.0
Q2 25	5.9%	33.8%	39.7
Q3 25	7.0%	34.0%	41.0
Q4 25	8.1%	31.1%	39.2
Q1 26	8.8%	24.2%	33.0

Rule of 40

Revenue Segments

Quarter	Maintenance And Term Licenses	Perpetual Licenses	Professional Services	Software Enabled Services
Q2 22	$224M	$7M	$27M	$1.1B
Q3 22	$237M	$6M	$28M	$1.0B
Q4 22	$235M	$6M	$29M	$1.1B
Q1 23	$213M	$8M	$28M	$1.1B
Q2 23	$219M	$9M	$29M	$1.1B
Q3 23	$212M	$5M	$27M	$1.1B
Q4 23	$230M	$9M	$27M	$1.1B
Q1 24	$219M	$5M	$24M	$1.2B
Q2 24	$224M	$10M	$25M	$1.2B
Q3 24	$230M	$6M	$24M	$1.2B
Q4 24	$219M	-$15M	$24M	$1.3B
Q1 25	$213M	$7M	$24M	$1.3B
Q2 25	$233M	$10M	$26M	$1.3B
Q3 25	$220M	$13M	$26M	$1.3B
Q4 25	$247M	$15M	$28M	$1.4B

Revenue by Geography

Quarter	Americas Excluding United States And Canada	Asia Pacific And Japan	Canada	E M E A Excluding United Kingdom	United Kingdom	United States
Q2 22	$24M	$69M	$54M	$98M	$145M	$937M
Q3 22	$23M	$63M	$65M	$105M	$138M	$927M
Q4 22	$22M	$65M	$59M	$109M	$139M	$944M
Q1 23	$23M	$68M	$56M	$105M	$156M	$955M
Q2 23	$25M	$69M	$54M	$116M	$157M	$943M
Q3 23	$26M	$68M	$55M	$116M	$160M	$941M
Q4 23	$28M	$76M	$57M	$121M	$165M	$965M
Q1 24	$28M	$73M	$60M	$116M	$166M	$992M
Q2 24	$28M	$79M	$55M	$119M	$156M	$1.0B
Q3 24	$32M	$72M	$54M	$127M	$173M	$1.0B
Q1 25	$29M	$85M	$56M	$130M	$177M	$1.0B
Q2 25	$35M	$83M	$58M	$131M	$196M	$1.0B
Q3 25	$31M	$99M	$71M	$132M	$189M	$1.0B

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$438M	$0	$438M
Q3 22	$402M	$0	$402M
Q4 22	$440M	$0	$440M
Q1 23	$433M	$0	$433M
Q2 23	$440M	$0	$440M
Q3 23	$448M	$0	$448M
Q4 23	$432M	$0	$432M
Q1 24	$413M	$0	$413M
Q2 24	$463M	$0	$463M
Q3 24	$695M	$0	$695M
Q4 24	$567M	$0	$567M
Q1 25	$515M	$0	$515M
Q2 25	$480M	$0	$480M
Q3 25	$388M	$0	$388M
Q4 25	$3.6B	$0	$3.6B
Q1 26	$421M	$0	$421M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	264M	-1.4%	-1.4%
Q3 22	261M	-1.1%	-2.1%
Q4 22	256M	-1.7%	-4.0%
Q1 23	257M	+0.2%	-4.0%
Q2 23	255M	-0.8%	-3.4%
Q3 23	254M	-0.4%	-2.7%
Q4 23	252M	-0.7%	-1.7%
Q1 24	253M	+0.5%	-1.4%
Q2 24	252M	-0.4%	-1.1%
Q3 24	254M	+0.7%	+0.1%
Q4 24	254M	-0.1%	+0.7%
Q1 25	255M	+0.4%	+0.6%
Q2 25	252M	-1.1%	-0.0%
Q3 25	253M	+0.4%	-0.4%
Q4 25	252M	-0.6%	-0.9%
Q1 26	248M	-1.6%	-2.9%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$182.0K	7K
Q3 22	$181.0K	7K
Q4 22	$48.5K	28K
Q1 23	$49.4K	28K
Q2 23	$49.4K	28K
Q3 23	$49.5K	28K
Q4 23	$53.1K	27K
Q1 24	$53.9K	27K
Q2 24	$54.6K	27K
Q3 24	$55.1K	27K
Q4 24	$57.1K	27K
Q1 25	$56.5K	27K
Q2 25	$57.3K	27K
Q3 25	$58.5K	27K
Q4 25	$57.4K	29K
Q1 26	$57.2K	29K

Revenue / Employee