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Side-by-side financial comparison of APA Corporation (APA) and SS&C Technologies Holdings Inc (SSNC). Click either name above to swap in a different company.

APA Corporation is the larger business by last-quarter revenue ($2.2B vs $1.6B, roughly 1.3× SS&C Technologies Holdings Inc). APA Corporation runs the higher net margin — 15.0% vs 13.7%, a 1.3% gap on every dollar of revenue. On growth, SS&C Technologies Holdings Inc posted the faster year-over-year revenue change (8.8% vs -24.3%). Over the past eight quarters, SS&C Technologies Holdings Inc's revenue compounded faster (6.5% CAGR vs 1.4%).

APA Corporation, a holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston.

SS&C Technologies Holdings, Inc. is an American multinational holding company headquartered in Windsor, Connecticut, that sells software and software as a service to the financial services industry. The company has offices in the Americas, Europe, Asia, Africa and Australia.

APA vs SSNC — Head-to-Head

Bigger by revenue
APA
APA
1.3× larger
APA
$2.2B
$1.6B
SSNC
Growing faster (revenue YoY)
SSNC
SSNC
+33.1% gap
SSNC
8.8%
-24.3%
APA
Higher net margin
APA
APA
1.3% more per $
APA
15.0%
13.7%
SSNC
Faster 2-yr revenue CAGR
SSNC
SSNC
Annualised
SSNC
6.5%
1.4%
APA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
APA
APA
SSNC
SSNC
Revenue
$2.2B
$1.6B
Net Profit
$331.0M
$226.1M
Gross Margin
48.7%
Operating Margin
32.5%
24.2%
Net Margin
15.0%
13.7%
Revenue YoY
-24.3%
8.8%
Net Profit YoY
-22.1%
6.2%
EPS (diluted)
$0.79
$0.91

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APA
APA
SSNC
SSNC
Q1 26
$1.6B
Q4 25
$2.2B
$1.7B
Q3 25
$2.3B
$1.6B
Q2 25
$2.3B
$1.5B
Q1 25
$2.7B
$1.5B
Q4 24
$2.9B
$1.5B
Q3 24
$2.7B
$1.5B
Q2 24
$2.8B
$1.5B
Net Profit
APA
APA
SSNC
SSNC
Q1 26
$226.1M
Q4 25
$331.0M
$193.1M
Q3 25
$205.0M
$210.0M
Q2 25
$603.0M
$180.8M
Q1 25
$418.0M
$213.0M
Q4 24
$425.0M
$248.2M
Q3 24
$-223.0M
$164.4M
Q2 24
$541.0M
$190.3M
Gross Margin
APA
APA
SSNC
SSNC
Q1 26
48.7%
Q4 25
47.8%
Q3 25
47.7%
Q2 25
48.0%
Q1 25
49.3%
Q4 24
49.3%
Q3 24
48.0%
Q2 24
48.1%
Operating Margin
APA
APA
SSNC
SSNC
Q1 26
24.2%
Q4 25
32.5%
22.3%
Q3 25
33.7%
23.3%
Q2 25
31.8%
22.4%
Q1 25
31.9%
23.6%
Q4 24
31.4%
23.4%
Q3 24
-5.2%
22.2%
Q2 24
34.4%
22.6%
Net Margin
APA
APA
SSNC
SSNC
Q1 26
13.7%
Q4 25
15.0%
11.7%
Q3 25
9.0%
13.4%
Q2 25
26.0%
11.8%
Q1 25
15.4%
14.1%
Q4 24
14.6%
16.2%
Q3 24
-8.1%
11.2%
Q2 24
19.0%
13.1%
EPS (diluted)
APA
APA
SSNC
SSNC
Q1 26
$0.91
Q4 25
$0.79
$0.76
Q3 25
$0.57
$0.83
Q2 25
$1.67
$0.72
Q1 25
$0.96
$0.84
Q4 24
$0.97
$0.98
Q3 24
$-0.60
$0.65
Q2 24
$1.46
$0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APA
APA
SSNC
SSNC
Cash + ST InvestmentsLiquidity on hand
$516.0M
$420.9M
Total DebtLower is stronger
$4.3B
$7.4B
Stockholders' EquityBook value
$6.1B
$6.9B
Total Assets
$17.8B
$20.3B
Debt / EquityLower = less leverage
0.70×
1.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APA
APA
SSNC
SSNC
Q1 26
$420.9M
Q4 25
$516.0M
$462.1M
Q3 25
$475.0M
$388.3M
Q2 25
$107.0M
$480.3M
Q1 25
$67.0M
$515.0M
Q4 24
$625.0M
$567.1M
Q3 24
$64.0M
$694.7M
Q2 24
$160.0M
$462.7M
Total Debt
APA
APA
SSNC
SSNC
Q1 26
$7.4B
Q4 25
$4.3B
Q3 25
$4.3B
Q2 25
$4.3B
Q1 25
$5.2B
Q4 24
$6.0B
Q3 24
$6.4B
Q2 24
$6.7B
Stockholders' Equity
APA
APA
SSNC
SSNC
Q1 26
$6.9B
Q4 25
$6.1B
$6.9B
Q3 25
$6.0B
$6.9B
Q2 25
$5.9B
$6.9B
Q1 25
$5.4B
$6.8B
Q4 24
$5.3B
$6.5B
Q3 24
$5.1B
$6.8B
Q2 24
$5.4B
$6.4B
Total Assets
APA
APA
SSNC
SSNC
Q1 26
$20.3B
Q4 25
$17.8B
$20.7B
Q3 25
$17.7B
$19.5B
Q2 25
$18.1B
$19.0B
Q1 25
$18.5B
$20.4B
Q4 24
$19.4B
$19.0B
Q3 24
$19.4B
$18.4B
Q2 24
$20.2B
$16.9B
Debt / Equity
APA
APA
SSNC
SSNC
Q1 26
1.08×
Q4 25
0.70×
Q3 25
0.72×
Q2 25
0.73×
Q1 25
0.96×
Q4 24
1.13×
Q3 24
1.25×
Q2 24
1.24×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APA
APA
SSNC
SSNC
Operating Cash FlowLast quarter
$808.0M
$299.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
2.44×
1.33×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APA
APA
SSNC
SSNC
Q1 26
$299.7M
Q4 25
$808.0M
$643.5M
Q3 25
$1.5B
$456.2M
Q2 25
$1.2B
$372.9M
Q1 25
$1.1B
$272.2M
Q4 24
$1.0B
$486.6M
Q3 24
$1.3B
$336.6M
Q2 24
$877.0M
$384.9M
Free Cash Flow
APA
APA
SSNC
SSNC
Q1 26
Q4 25
$633.0M
Q3 25
$421.5M
Q2 25
$350.0M
Q1 25
$259.5M
Q4 24
$466.9M
Q3 24
$310.7M
Q2 24
$374.9M
FCF Margin
APA
APA
SSNC
SSNC
Q1 26
Q4 25
38.3%
Q3 25
26.9%
Q2 25
22.8%
Q1 25
17.1%
Q4 24
30.5%
Q3 24
21.2%
Q2 24
25.8%
Capex Intensity
APA
APA
SSNC
SSNC
Q1 26
0.0%
Q4 25
0.6%
Q3 25
2.2%
Q2 25
1.5%
Q1 25
0.8%
Q4 24
1.3%
Q3 24
1.8%
Q2 24
0.7%
Cash Conversion
APA
APA
SSNC
SSNC
Q1 26
1.33×
Q4 25
2.44×
3.33×
Q3 25
7.12×
2.17×
Q2 25
1.96×
2.06×
Q1 25
2.62×
1.28×
Q4 24
2.44×
1.96×
Q3 24
2.05×
Q2 24
1.62×
2.02×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APA
APA

Oil And Gas Excluding Purchased$1.7B76%
Oil And Gas Purchased$323.0M15%
Oil Reserves$114.0M5%
Other$72.0M3%
Natural Gas Reserves$30.0M1%

SSNC
SSNC

Technology-enabled services$1.4B85%
License, maintenance and related$239.8M15%

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