Filing Flows › SS&C Technologies Holdings (SSNC) › Q2 2025
SS&C Technologies Holdings (SSNC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
SS&C Technologies Holdings (SSNC) reported revenue of $1.5B for the second quarter 2025 (Q2 2025), +6% from a year earlier and +2% from the quarter before. Operating margin was 22.4%, net earnings $181M (11.8% of revenue).
SS&C Technologies Holdings, Q2 2025: revenue $1.5B (+6% year over year), operating margin 22.4%, net earnings $181M, operating cash flow $373M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | +2% | +6% |
| Gross profit | $737M | -1% | +6% |
| Operating profit | $344M | -4% | +5% |
| Net earnings | $181M | -15% | -5% |
| Operating cash flow | $373M | +37% | -3% |
| Free cash flow | $350M | +35% | -7% |
What changed
Revenue was $1.5B in Q2 2025, up 6% year over year and up 2% from the previous quarter. Software Enabled Services was the largest line at 82% of revenue. Software Enabled Services added $0.08B year over year (up 6%), 88% of the total change.
Gross margin was 48.0%, down 0.2 points from a year earlier. Operating profit was $0.34B, a 22.4% margin (down 0.2 points year over year). Of the extra revenue versus a year earlier, 20% reached operating profit, below the 23% margin then. Operating expenses grew 6% against revenue growth of 6%. The fastest-growing cost line was General & admin (+13%). Net earnings were $0.18B, down 5% year over year. The effective tax rate was 24.4%.
Operating cash flow was $0.37B (down 3% year over year), 206% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items used $0.04B. Capital expenditures of $0.02B left free cash flow of $0.35B.
Questions
What was SS&C Technologies Holdings' revenue in the second quarter 2025?
SS&C Technologies Holdings (SSNC) reported revenue of $1.5B for the second quarter 2025 (Q2 2025), +6% from a year earlier and +2% from the quarter before.
Was SS&C Technologies Holdings profitable in the second quarter 2025?
Operating profit was $344M (22.4% of revenue) and net earnings $181M.