01—Abstract
Summary
Summary of the 10-Q filed July 30, 2026. Cited figures are marked; the original filing is the authoritative source.
SS&C Technologies Holdings, Inc. reported total revenues of $1,695.7 milliona for the three months ended June 30, 2026, up from $1,536.8 million a year earlier, and $3,342.8 million for the six months, up from $3,050.7 million.
Revenues increased $158.9 millionb for the quarter, including $117.6 million of organic growth, $35.9 million from acquisitions and $5.4 million from favorable foreign currency translation. Operating income rose to $417.1 million for the quarter from $344.5 million, and diluted EPS was $0.97 versus $0.72 a year earlier. Net income attributable to SS&C common stockholders was $234.8 million for the quarter and $460.9 million for the six months.
Cash flow and capital return remained substantial. Net cash provided by operating activities was $716.4 millionc for the six months, versus $645.1 million a year earlier. The company repurchased 8.7 million shares for $607.9 million in the six months, paid $129.3 million in dividends, and reported total debt of $7,577.2 million carrying value at June 30, 2026, with a consolidated net secured leverage ratio of 1.70.
Cash and cash equivalents were $434.8 milliond, and the company stated it was in compliance with all financial and non-financial covenants. The balance sheet shows total assets of $20,608.6 million and total equity of $6,710.5 million at June 30, 2026.
Goodwill was $9,930.0 million and intangible and other assets were $3,873.8 million. The company reported a $75.0 million mandatory capital contribution at DomaniRx, LLC, of which $14.9 million was received from joint venture partners in the quarter, and stated it has no material pending litigation.
02—Key points
Key Highlights
- Revenue grew 10.3% to $1,695.7 million in Q2 2026, with $117.6 million of organic growth led by SS&C GlobeOp, Wealth and Investment Technology, and Global Investor and Distribution Solutions.
- Operating income increased to $417.1 million in Q2 2026 from $344.5 million, and diluted EPS rose to $0.97 from $0.72.
- Six-month operating cash flow was $716.4 million, up from $645.1 million, while capitalized software additions were $125.9 million.
- The company repurchased $607.9 million of common stock in the first six months of 2026 and paid $129.3 million in dividends.
- Total debt carrying value was $7,577.2 million, with $265.0 million classified as current, and the consolidated net secured leverage ratio was 1.70 as of June 30, 2026.
- Average interest rate on debt was 5.70% for the quarter, and interest expense, net was $107.0 million versus $105.5 million a year earlier.
- Management reported disclosure controls and procedures were effective, and there were no material changes to risk factors from the 2025 Form 10-K.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in Q2 FY2026, SS&C Technologies Holdings kept $0.14.
- Revenue$1.70B100.0%
- Cost of revenue−$877.4M51.7%
- Gross profit$818.3M48.3%
- Operating costs−$401.2M23.7%
- Operating income$417.1M24.6%
- Interest, other & tax−$182.3M10.8%
- Net income$234.8M13.8%
04—Financials
Financial Highlights
Figures from 10-QQ2 FY2026filed July 30, 2026Financial Statements
Q2 FY2026 against Q2 FY2025
| Line item | Q2 FY2026Q2 FY2025 | Change |
|---|---|---|
| Revenue | $1.70B$1.54B | +10.3% |
| Cost of Revenue | $877.40M$799.90M | +9.7% |
| Gross Profit | $818.30M$736.90M | +11.0% |
| R&D Expenses | $132.30M$128.10M | +3.3% |
| Operating Expenses | $401.20M$392.40M | +2.2% |
| Operating Income | $417.10M$344.50M | +21.1% |
| Interest Expense | $107.00M$105.50M | +1.4% |
| Net Income | $234.80M$180.80M | +29.9% |
| EPS (Basic) | $0.99$0.74 | +33.8% |
| EPS (Diluted) | $0.97$0.72 | +34.7% |
| Shares Outstanding (Basic) | 238.10M244.90M | −2.8% |
| Shares Outstanding (Diluted) | 242.00M252.20M | −4.0% |
05—Questions
Frequently Asked Questions
How did SS&C's revenue and profitability change in the second quarter of 2026?
Total revenues rose to $1,695.7 million from $1,536.8 million, an increase of $158.9 million or 10.3%. Operating income increased to $417.1 million from $344.5 million, and net income attributable to SS&C common stockholders was $234.8 million compared with $180.8 million.
What drove the revenue increase?
The company attributed $117.6 million of the increase to organic growth, primarily from SS&C GlobeOp fund administration, Wealth and Investment Technology, and Global Investor and Distribution Solutions. Acquisitions contributed $35.9 million and foreign currency translation added $5.4 million.
How much capital did the company return to shareholders in 2026?
In the six months ended June 30, 2026, SS&C repurchased 8.7 million shares for $607.9 million, including a 1% excise tax, and paid $129.3 million in quarterly dividends of $0.27 per share in each of March and June 2026. The May 2026 board authorization allows repurchases of up to $1.5 billion.
How is the company's debt position?
Total debt carrying value was $7,577.2 million at June 30, 2026, compared with $7,433.4 million at December 31, 2025. The filing reports a consolidated net secured leverage ratio of 1.70 and states the company was in compliance with all financial and non-financial covenants. Revolving Credit Facility availability was $363.4 million.
Are there any significant legal or regulatory matters disclosed?
The company stated that, in its opinion, it is not involved in any litigation or proceedings that would have a material adverse effect on it or its business. It also reported no material changes to the risk factors disclosed in its 2025 Form 10-K.
06—Continue