Highlights

  • Third quarter 2026 GAAP revenue was USD 1,690.0 million, and GAAP diluted EPS was USD 0.83, unchanged.
  • Adjusted diluted earnings per share, a non-GAAP measure, were USD 1.78, up 14.8%, and adjusted organic revenue growth was 5.2%.
  • SS&C returned USD 225.3 million to shareholders in the quarter and raised its annual dividend to USD 1.20 in August.
  • Full-year 2026 guidance: adjusted revenue of USD 6,736 million to 6,776 million; adjusted EPS of USD 7.11 to 7.17.

SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) shares closed at USD 82.96 on October 23, 2026, down 7.35%. The company reported third quarter 2026 results on October 22 and held its earnings call that afternoon.

SS&C is a Delaware corporation headquartered at 80 Lamberton Road in Windsor, Connecticut. It describes itself as a global provider of investment, financial and healthcare technology and technology-enabled services. Bill Stone is Chairman and Chief Executive Officer. The company reports on a calendar year.

Third Quarter 2026 Results

SS&C reported GAAP revenue of USD 1,690.0 million for the three months ended September 30, 2026, up 7.8% from USD 1,568.0 million. GAAP operating income was USD 409.3 million, up 11.9%, with an operating income margin of 24.2% against 23.3%. GAAP net income was USD 198.9 million, down 5.3% from USD 210.0 million, and diluted earnings per share were USD 0.83 in both periods.

For the nine months, GAAP revenue was USD 5,032.8 million, up 9.0%, and net income was USD 659.8 million against USD 603.8 million. Diluted earnings per share were USD 2.71 against USD 2.39.

Adjusted Results

On a non-GAAP basis, adjusted revenue was USD 1,691.1 million, up 7.8%, and adjusted operating income was USD 657.6 million, up 9.1%. Adjusted consolidated EBITDA was a record USD 674.8 million, up 9.0%, with a margin of 39.9% against 39.5%. Adjusted diluted earnings per share were USD 1.78 against USD 1.55. Adjusted organic revenue growth was 5.2%.

These adjusted measures use non-GAAP tax rates of 22.5% in 2026 and 22.0% in 2025. The company provides reconciliations to GAAP measures in the release.

Cash, Debt and Shareholder Returns

Net cash from operating activities was USD 1,216.3 million for the nine months, up 10.4% from USD 1,101.3 million. SS&C ended the quarter with USD 525.4 million in cash and cash equivalents and USD 7,483.5 million in gross debt. It paid down USD 130.0 million of debt, and its consolidated net leverage ratio under the credit agreement was 2.63 times, with a net secured leverage ratio of 1.59 times.

In the third quarter, SS&C repurchased 1.9 million shares for USD 154.8 million and paid USD 70.5 million in common stock dividends, for a total of USD 225.3 million returned. In August, it increased the annual common stock dividend by 11.1% to USD 1.20.

Business Commentary

Mr. Stone said the company hosted more than 1,000 financial services and healthcare leaders at its annual SS&C Deliver conference in September. He said holistic transformation of clients' operating models is a top priority and that the company is working with emerging technologies including agentic AI and tokenization.

On the call, management said it had strong sales to new and existing customers and implementation milestones in the quarter, and that its pipelines continue to grow. It described one segment's organic growth as lower than the prior quarter after a very large renewal in that period.

Guidance

For the fourth quarter of 2026, SS&C guided adjusted revenue of USD 1,700 million to USD 1,740 million, adjusted net income of USD 454 million to USD 470 million and adjusted diluted EPS of USD 1.88 to USD 1.94. Diluted shares are projected at 240.0 million to 243.0 million.

For full-year 2026, guidance includes adjusted revenue of USD 6,736 million to USD 6,776 million, adjusted net income of USD 1,726 million to USD 1,742 million and adjusted diluted EPS of USD 7.11 to USD 7.17. It also includes cash from operating activities of USD 1,717 million to USD 1,817 million and capital expenditures of 4.4% to 4.8% of revenue. These are company expectations and non-GAAP measures.