Filing Flows › SS&C Technologies Holdings (SSNC) › Q4 2025
SS&C Technologies Holdings (SSNC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
SS&C Technologies Holdings (SSNC) reported revenue of $1.7B for the fourth quarter 2025 (Q4 2025), +8% from a year earlier and +5% from the quarter before. Operating margin was 22.3%, net earnings $194M (11.7% of revenue).
SS&C Technologies Holdings, Q4 2025: revenue $1.7B (+8% year over year), operating margin 22.3%, net earnings $194M, operating cash flow $644M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +5% | +8% |
| Gross profit | $790M | +6% | +5% |
| Operating profit | $369M | +0.8% | +3% |
| Net earnings | $194M | -8% | -22% |
| Operating cash flow | $644M | +41% | +32% |
| Free cash flow | $633M | +50% | +36% |
What changed
Revenue was $1.7B in Q4 2025, up 8% year over year and up 5% from the previous quarter. Software Enabled Services was the largest line at 82% of revenue.
Gross margin was 47.8%, down 1.5 points from a year earlier. Operating profit was $0.37B, a 22.3% margin (down 1.1 points year over year). Of the extra revenue versus a year earlier, 9% reached operating profit, below the 23% margin then. Operating expenses grew 6% against revenue growth of 8%. The fastest-growing cost line was Sales & marketing (+12%). Net earnings were $0.19B, down 22% year over year. The effective tax rate was 11.9%.
Operating cash flow was $0.64B (up 32% year over year), 332% of net earnings. Non-cash charges added back $0.18B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items added $0.18B. Capital expenditures of $0.01B left free cash flow of $0.63B.
Questions
What was SS&C Technologies Holdings' revenue in the fourth quarter 2025?
SS&C Technologies Holdings (SSNC) reported revenue of $1.7B for the fourth quarter 2025 (Q4 2025), +8% from a year earlier and +5% from the quarter before.
Was SS&C Technologies Holdings profitable in the fourth quarter 2025?
Operating profit was $369M (22.3% of revenue) and net earnings $194M.