01—Abstract
Summary
Summary of the 8-K filed April 23, 2026. Cited figures are marked; the original filing is the authoritative source.
SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) reported first-quarter 2026 results for the period ended March 31, 2026, as furnished in Exhibits 99.1 and 99.2 to this Form 8-K.
GAAP revenue was $1,647.1 milliona, up 8.8% from $1,513.9 million, while GAAP net income attributable to common stockholders was $226.1 million, up 6.2%, and GAAP diluted earnings per share was $0.91, up 8.3%. Adjusted revenue was $1,648.2 million, up 8.8%, and Adjusted Organic Revenue Growth was 5.0%. Adjusted diluted earnings per share was $1.69, up 14.2%, and adjusted consolidated EBITDA was $651.0 million, up 10.0%, with an adjusted consolidated EBITDA margin of 39.5%.
Cash generation and capital returns were also reported. Net cash from operating activities was $299.7 millionb, up 10.1%. The company ended the quarter with $420.9 million in cash and cash equivalents and $7,468.6 million in gross debt, with a consolidated net leverage ratio of 2.76 times and a net secured leverage ratio of 1.69 times.
During the quarter, SS&C returned $233.3 millionc to shareholders, including $168.0 million of share repurchases (2.3 million shares) and $65.3 million of dividends. For the outlook, the company guided second-quarter 2026 adjusted revenue to $1,640 to $1,680 million and adjusted diluted EPS to $1.64 to $1.70.
Full-year 2026 guidance calls for adjusted revenue of $6,664 to $6,824 milliond and adjusted diluted EPS of $6.74 to $7.06, compared with prior guidance as of February 5, 2026 of $6,654 to $6,814 million and $6.70 to $7.02. The company also announced the launch of Blue Prism WorkHQ, an AI orchestration platform, on April 28, 2026.
02—Key points
Key Highlights
- GAAP revenue of $1,647.1 million, up 8.8%; GAAP operating income of $398.2 million, up 11.3%, with operating margin of 24.2%.
- Adjusted diluted EPS of $1.69, up 14.2% from $1.48; GAAP diluted EPS of $0.91, up 8.3%.
- Adjusted Organic Revenue Growth of 5.0% for Q1 2026.
- Adjusted consolidated EBITDA of $651.0 million, up 10.0%, with a 39.5% margin.
- Operating cash flow of $299.7 million, up 10.1%; net leverage ratio of 2.76x and secured net leverage ratio of 1.69x as of March 31, 2026.
- Returned $233.3 million to shareholders in Q1 2026, including $168.0 million in share repurchases and $65.3 million in dividends.
- FY 2026 adjusted revenue guidance raised to $6,664 to $6,824 million and adjusted diluted EPS guidance to $6.74 to $7.06 from prior ranges of $6,654 to $6,814 million and $6.70 to $7.02.
03—Questions
Frequently Asked Questions
How did SS&C perform in the first quarter of 2026?
GAAP revenue rose 8.8% to $1,647.1 million and GAAP net income attributable to common stockholders rose 6.2% to $226.1 million. Adjusted revenue was $1,648.2 million, up 8.8%, and adjusted diluted EPS was $1.69, up 14.2%.
What is the company's outlook for 2026?
For Q2 2026, the company guided adjusted revenue of $1,640 to $1,680 million and adjusted diluted EPS of $1.64 to $1.70. For full-year 2026, it guided adjusted revenue of $6,664 to $6,824 million, adjusted net income of $1,665 to $1,765 million, and adjusted diluted EPS of $6.74 to $7.06.
How is SS&C managing its debt and capital returns?
At March 31, 2026, the company had $420.9 million in cash and cash equivalents and $7,468.6 million in gross debt, with a consolidated net leverage ratio of 2.76 times. In Q1 2026 it repurchased 2.3 million shares for $168.0 million, paid $65.3 million in dividends, and paid down $5.0 million of debt.
Why does the company report adjusted measures alongside GAAP results?
The company states that adjusted revenue, adjusted operating income, adjusted consolidated EBITDA, adjusted net income and adjusted diluted EPS exclude items such as amortization of intangible assets, stock-based compensation, purchase accounting adjustments and restructuring costs. Management says these measures reflect operational performance and are not substitutes for GAAP measures.
What is the company's AI-related news in this filing?
SS&C announced the launch of Blue Prism WorkHQ, its AI orchestration platform, on April 28, 2026, with virtual registration available at www.blueprism.com. The CEO said the company aims to adopt AI innovation thoughtfully across its platforms.
04—Continue