SSNCHIGH SIGNALFINANCIAL10-K

SSNC delivered explosive 300% revenue growth while simultaneously reducing debt by 23% and maintaining strong cash generation, indicating a major transformative period likely driven by significant acquisitions.

The dramatic revenue surge from $418M to $1.7B represents a fundamental transformation of the business scale, while the concurrent debt reduction and strong operating cash flow growth demonstrate effective capital allocation and integration capabilities. The substantial increase in share buybacks to $1B signals management's confidence in the enhanced business model and their commitment to returning excess capital to shareholders.

Comparing 2026-02-26 vs 2025-03-03View on EDGAR →
FINANCIAL ANALYSIS

SSNC experienced transformational growth with revenue exploding 300% to $1.7B while operating cash flow grew a solid 25% to $1.7B, demonstrating strong cash conversion on the expanded revenue base. The balance sheet strengthened significantly with total debt decreasing 23% to $782M despite the growth, while both current assets and liabilities grew proportionally (13% and 17% respectively) reflecting the larger business scale. Management's aggressive $1B in share buybacks (+41%) combined with higher capex investment signals confidence in the transformation while maintaining disciplined capital allocation, though the 19% decline in cash reserves warrants monitoring given the elevated investment activity.

FINANCIAL STATEMENT CHANGES
Revenue
P&L
+300.5%
$418.3M$1.7B

Strong top-line growth of 300.5% — accelerating demand or successful expansion into new markets.

Share Buybacks
Cash Flow
+40.5%
$737.5M$1.0B

Share repurchases increased 40.5% — management returning capital, signals confidence in intrinsic value.

Capital Expenditure
Cash Flow
+31.6%
$61.4M$80.8M

Capital expenditure jumped 31.6% — major investment cycle underway; assess returns on deployment.

Operating Cash Flow
Cash Flow
+25.7%
$1.4B$1.7B

Operating cash flow grew 25.7% — strong conversion of earnings to cash, healthy business fundamentals.

Total Debt
Balance Sheet
-23.4%
$1.0B$782.0M

Debt reduced 23.4% — deleveraging strengthens balance sheet and reduces financial risk.

Cash & Equivalents
Balance Sheet
-18.5%
$567.1M$462.1M

Cash decreased 18.5% — monitor burn rate and upcoming capital needs.

Current Liabilities
Balance Sheet
+17.4%
$4.4B$5.1B

Current liabilities rose 17.4% — increased short-term obligations, watch current ratio.

Current Assets
Balance Sheet
+12.9%
$4.9B$5.5B

Current assets grew 12.9% — improving short-term liquidity or inventory/receivables build.

Total Liabilities
Balance Sheet
+10.7%
$12.4B$13.8B

Liabilities increased 10.7% — monitor debt-to-equity ratio and interest coverage.

LANGUAGE CHANGES
NEW — 2026-02-26
PRIOR — 2025-03-03
ADDED
There we re 241,505,294 share s of the registrant s common stock outstanding as of February 18, 2026.
SS C s unique business model combines end-to-end expertise across financial services operations with software and solutions to deliver value to customers of any size, scale, or complexity in the financial services and healthcare industries.
Through a series of carefully selected acquisitions, lift outs, and focused research and development, the breadth and depth of SS C s expertise in financial services and healthcare technology are unmatched.
Founded in 1986 and headquartered in Windsor, Connecticut, the Company is home to more than 28,000 employees and has more than 100 offices in 35 countries globally.
We offer clients the flexibility to choose from multiple software delivery options, including on-premise, cloud-based or hosted applications, as well as multi-tenant or dedicated applications.
+7 more — sign up free →
REMOVED
There were 246,486,228 shares of the registrant s common stock outstanding as of February 19, 2025.
SS C s unique business model combines end-to-end expertise across financial services operations with software and solutions to service even the most demanding customers in the financial services and healthcare industries.
Through a series of carefully selected acquisitions and organic growth, the breadth and depth of SS C s expertise in financial services and healthcare technology are unmatched.
Founded in 1986 and headquartered in Windsor, Connecticut, the Company is home to more than 26,000 employees and has 110 offices in 35 countries globally.
We offer clients the flexibility to choose from multiple software delivery options, including on premise applications and hosted, multi-tenant or dedicated applications.
+7 more — sign up free →
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