SS&C posts record Q3 EBITDA, but Q4 revenue outlook pressures shares

SS&C Technologies reported third-quarter 2026 results on October 22, 2026, including adjusted revenue growth of 7.8%, adjusted organic revenue growth of 5.2% on a constant-currency basis, and record adjusted consolidated EBITDA of $674.8 million. Adjusted diluted EPS was $1.78. For the fourth quarter, SS&C forecast adjusted revenue of $1,700 million to $1,740 million, with adjusted organic growth at a 4.0% midpoint, and adjusted diluted EPS of $1.88 to $1.94. The shares fell after investors focused on the slower adjusted organic growth outlook despite the company raising its full-year adjusted revenue guidance to $6.736B-$6.776B.

The Q4 adjusted revenue range is below the consensus figures reported in the materials, while the company expects adjusted organic growth to slow from 5.2% on a constant-currency basis in Q3 to a 4.0% midpoint in Q4. The mechanical consequence is weaker near-term top-line guidance, which coincided with pressure on SS&C shares.

  • 1SS&C reported Q3 2026 adjusted revenue of $1,691.1 million, up 7.8% from the prior-year quarter, while adjusted organic revenue growth was 5.2% on a constant-currency basis.
  • 2Q3 2026 adjusted consolidated EBITDA reached a record $674.8 million, with an adjusted EBITDA margin of 39.9%.
  • 3Q3 2026 adjusted diluted EPS increased 14.8% to $1.78.
  • 4SS&C's Q4 2026 guidance calls for adjusted revenue of $1,700 million to $1,740 million, adjusted organic growth at a 4.0% midpoint, and adjusted diluted EPS of $1.88 to $1.94.
  • 5The company raised its full-year 2026 adjusted revenue outlook to $6.736B-$6.776B.

Sources