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Side-by-side financial comparison of TopBuild Corp (BLD) and SS&C Technologies Holdings Inc (SSNC). Click either name above to swap in a different company.
SS&C Technologies Holdings Inc is the larger business by last-quarter revenue ($1.6B vs $1.4B, roughly 1.1× TopBuild Corp). SS&C Technologies Holdings Inc runs the higher net margin — 13.7% vs 7.2%, a 6.5% gap on every dollar of revenue. On growth, TopBuild Corp posted the faster year-over-year revenue change (17.2% vs 8.8%). Over the past eight quarters, SS&C Technologies Holdings Inc's revenue compounded faster (6.5% CAGR vs 2.9%).
HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.
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.
BLD vs SSNC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.6B |
| Net Profit | $104.8M | $226.1M |
| Gross Margin | 27.7% | 48.7% |
| Operating Margin | 12.1% | 24.2% |
| Net Margin | 7.2% | 13.7% |
| Revenue YoY | 17.2% | 8.8% |
| Net Profit YoY | -15.1% | 6.2% |
| EPS (diluted) | $3.73 | $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.
| Q1 26 | $1.4B | $1.6B | ||
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.4B | $1.6B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.3B | $1.5B | ||
| Q3 24 | $1.4B | $1.5B | ||
| Q2 24 | $1.4B | $1.5B |
| Q1 26 | $104.8M | $226.1M | ||
| Q4 25 | $104.5M | $193.1M | ||
| Q3 25 | $142.2M | $210.0M | ||
| Q2 25 | $151.6M | $180.8M | ||
| Q1 25 | $123.4M | $213.0M | ||
| Q4 24 | $150.5M | $248.2M | ||
| Q3 24 | $169.0M | $164.4M | ||
| Q2 24 | $150.7M | $190.3M |
| Q1 26 | 27.7% | 48.7% | ||
| Q4 25 | 27.2% | 47.8% | ||
| Q3 25 | 30.1% | 47.7% | ||
| Q2 25 | 30.4% | 48.0% | ||
| Q1 25 | 28.5% | 49.3% | ||
| Q4 24 | 29.9% | 49.3% | ||
| Q3 24 | 30.7% | 48.0% | ||
| Q2 24 | 31.0% | 48.1% |
| Q1 26 | 12.1% | 24.2% | ||
| Q4 25 | 12.1% | 22.3% | ||
| Q3 25 | 15.4% | 23.3% | ||
| Q2 25 | 16.9% | 22.4% | ||
| Q1 25 | 14.4% | 23.6% | ||
| Q4 24 | 16.6% | 23.4% | ||
| Q3 24 | 17.8% | 22.2% | ||
| Q2 24 | 15.4% | 22.6% |
| Q1 26 | 7.2% | 13.7% | ||
| Q4 25 | 7.0% | 11.7% | ||
| Q3 25 | 10.2% | 13.4% | ||
| Q2 25 | 11.7% | 11.8% | ||
| Q1 25 | 10.0% | 14.1% | ||
| Q4 24 | 11.5% | 16.2% | ||
| Q3 24 | 12.3% | 11.2% | ||
| Q2 24 | 11.0% | 13.1% |
| Q1 26 | $3.73 | $0.91 | ||
| Q4 25 | $3.69 | $0.76 | ||
| Q3 25 | $5.04 | $0.83 | ||
| Q2 25 | $5.32 | $0.72 | ||
| Q1 25 | $4.23 | $0.84 | ||
| Q4 24 | $5.07 | $0.98 | ||
| Q3 24 | $5.65 | $0.65 | ||
| Q2 24 | $4.78 | $0.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $268.8M | $420.9M |
| Total DebtLower is stronger | $2.8B | $7.4B |
| Stockholders' EquityBook value | $2.4B | $6.9B |
| Total Assets | $6.7B | $20.3B |
| Debt / EquityLower = less leverage | 1.18× | 1.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $268.8M | $420.9M | ||
| Q4 25 | $184.7M | $462.1M | ||
| Q3 25 | $1.1B | $388.3M | ||
| Q2 25 | $842.5M | $480.3M | ||
| Q1 25 | $308.8M | $515.0M | ||
| Q4 24 | $400.3M | $567.1M | ||
| Q3 24 | $257.3M | $694.7M | ||
| Q2 24 | $463.2M | $462.7M |
| Q1 26 | $2.8B | $7.4B | ||
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — |
| Q1 26 | $2.4B | $6.9B | ||
| Q4 25 | $2.3B | $6.9B | ||
| Q3 25 | $2.2B | $6.9B | ||
| Q2 25 | $2.1B | $6.9B | ||
| Q1 25 | $2.1B | $6.8B | ||
| Q4 24 | $2.2B | $6.5B | ||
| Q3 24 | $2.1B | $6.8B | ||
| Q2 24 | $2.4B | $6.4B |
| Q1 26 | $6.7B | $20.3B | ||
| Q4 25 | $6.6B | $20.7B | ||
| Q3 25 | $6.4B | $19.5B | ||
| Q2 25 | $5.1B | $19.0B | ||
| Q1 25 | $4.6B | $20.4B | ||
| Q4 24 | $4.7B | $19.0B | ||
| Q3 24 | $4.7B | $18.4B | ||
| Q2 24 | $4.9B | $16.9B |
| Q1 26 | 1.18× | 1.08× | ||
| Q4 25 | 1.23× | — | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | 0.88× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.62× | — | ||
| Q3 24 | 0.66× | — | ||
| Q2 24 | 0.59× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $160.7M | $299.7M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | 1.53× | 1.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $160.7M | $299.7M | ||
| Q4 25 | $176.7M | $643.5M | ||
| Q3 25 | $233.3M | $456.2M | ||
| Q2 25 | $193.7M | $372.9M | ||
| Q1 25 | $152.6M | $272.2M | ||
| Q4 24 | $266.2M | $486.6M | ||
| Q3 24 | $240.7M | $336.6M | ||
| Q2 24 | $90.4M | $384.9M |
| Q1 26 | — | — | ||
| Q4 25 | $159.4M | $633.0M | ||
| Q3 25 | $216.2M | $421.5M | ||
| Q2 25 | $182.2M | $350.0M | ||
| Q1 25 | $139.2M | $259.5M | ||
| Q4 24 | $253.7M | $466.9M | ||
| Q3 24 | $219.8M | $310.7M | ||
| Q2 24 | $74.3M | $374.9M |
| Q1 26 | — | — | ||
| Q4 25 | 10.7% | 38.3% | ||
| Q3 25 | 15.5% | 26.9% | ||
| Q2 25 | 14.0% | 22.8% | ||
| Q1 25 | 11.3% | 17.1% | ||
| Q4 24 | 19.3% | 30.5% | ||
| Q3 24 | 16.0% | 21.2% | ||
| Q2 24 | 5.4% | 25.8% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 1.2% | 0.6% | ||
| Q3 25 | 1.2% | 2.2% | ||
| Q2 25 | 0.9% | 1.5% | ||
| Q1 25 | 1.1% | 0.8% | ||
| Q4 24 | 1.0% | 1.3% | ||
| Q3 24 | 1.5% | 1.8% | ||
| Q2 24 | 1.2% | 0.7% |
| Q1 26 | 1.53× | 1.33× | ||
| Q4 25 | 1.69× | 3.33× | ||
| Q3 25 | 1.64× | 2.17× | ||
| Q2 25 | 1.28× | 2.06× | ||
| Q1 25 | 1.24× | 1.28× | ||
| Q4 24 | 1.77× | 1.96× | ||
| Q3 24 | 1.42× | 2.05× | ||
| Q2 24 | 0.60× | 2.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BLD
| Installation Services | $651.1M | 45% |
| Specialty Distribution | $562.9M | 39% |
| Other | $231.8M | 16% |
SSNC
| Technology-enabled services | $1.4B | 85% |
| License, maintenance and related | $239.8M | 15% |
