Filing Flows › SS&C Technologies Holdings (SSNC) › Q3 2025
SS&C Technologies Holdings (SSNC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
SS&C Technologies Holdings (SSNC) reported revenue of $1.6B for the third quarter 2025 (Q3 2025), +7% from a year earlier and +2% from the quarter before. Operating margin was 23.3%, net earnings $210M (13.4% of revenue).
SS&C Technologies Holdings, Q3 2025: revenue $1.6B (+7% year over year), operating margin 23.3%, net earnings $210M, operating cash flow $456M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | +2% | +7% |
| Gross profit | $748M | +1% | +6% |
| Operating profit | $366M | +6% | +12% |
| Net earnings | $210M | +16% | +28% |
| Operating cash flow | $456M | +22% | +36% |
| Free cash flow | $422M | +20% | +36% |
What changed
Revenue was $1.6B in Q3 2025, up 7% year over year and up 2% from the previous quarter. Software Enabled Services was the largest line at 84% of revenue. Software Enabled Services added $0.10B year over year (up 9%), 101% of the total change. Maintenance and Term Licenses declined 4%.
Gross margin was 47.7%, down 0.4 points from a year earlier. Operating profit was $0.37B, a 23.3% margin (up 1.1 points year over year). Of the extra revenue versus a year earlier, 40% reached operating profit, above the 22% margin then. Operating expenses grew 1% against revenue growth of 7%. The fastest-growing cost line was General & admin (+15%). Net earnings were $0.21B, up 28% year over year. The effective tax rate was 17.1%.
Operating cash flow was $0.46B (up 36% year over year), 217% of net earnings. Non-cash charges added back $0.18B of depreciation and amortization and $0.06B of share-based compensation. Capital expenditures of $0.03B left free cash flow of $0.42B.
Questions
What was SS&C Technologies Holdings' revenue in the third quarter 2025?
SS&C Technologies Holdings (SSNC) reported revenue of $1.6B for the third quarter 2025 (Q3 2025), +7% from a year earlier and +2% from the quarter before.
Was SS&C Technologies Holdings profitable in the third quarter 2025?
Operating profit was $366M (23.3% of revenue) and net earnings $210M.