SS&C Technologies Reports Record $1.57B Q3 Revenue, Raises 2025 Guidance

SS&C reported strong Q3 2025 results with adjusted revenue of $1.569 billion, up 7% year‑over‑year, and adjusted diluted EPS of $1.57, up 17.2%, beating estimates though shares slipped modestly in after‑hours trading. The company posted GAAP net income of $210 million (GAAP EPS $0.83) and a record adjusted consolidated EBITDA of $619 million (up 9.3%) with margin expansion, while operating income margin improved to about 23.3%. SS&C generated robust cash flow—$1,101.3 million in operating cash for the nine months (≈22% growth) and quarterly cash conversion of 115%—and returned $305 million to shareholders, including roughly $240 million in buybacks and an ~8% dividend increase. Management raised full‑year adjusted EPS guidance (midpoint ~$6.05) and provided Q4 revenue guidance near $1.61 billion, while Seeking Alpha noted a raised 2025 revenue target in the $6.21–$6.25 billion range. Growth was driven by 5.2% adjusted organic revenue growth and strength in financial services recurring revenue (≈6.7%), supported by recent acquisitions (e.g., Curo, Callistone) and early benefits from AI automation investments. The balance sheet shows net debt around $6.2 billion with net leverage of ~2.59x, giving the company flexibility to pay down debt and continue share repurchases.