vs
Side-by-side financial comparison of FIRST HORIZON CORP (FHN) 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 $888.0M, roughly 1.9× FIRST HORIZON CORP). FIRST HORIZON CORP runs the higher net margin — 29.4% vs 13.7%, a 15.7% gap on every dollar of revenue. On growth, FIRST HORIZON CORP posted the faster year-over-year revenue change (21.8% vs 8.8%). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs 6.5%).
First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank, it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.
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.
FHN vs SSNC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $888.0M | $1.6B |
| Net Profit | $261.0M | $226.1M |
| Gross Margin | — | 48.7% |
| Operating Margin | 38.5% | 24.2% |
| Net Margin | 29.4% | 13.7% |
| Revenue YoY | 21.8% | 8.8% |
| Net Profit YoY | 57.2% | 6.2% |
| EPS (diluted) | $0.51 | $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 | — | $1.6B | ||
| Q4 25 | $888.0M | $1.7B | ||
| Q3 25 | $889.0M | $1.6B | ||
| Q2 25 | $830.0M | $1.5B | ||
| Q1 25 | $812.0M | $1.5B | ||
| Q4 24 | $729.0M | $1.5B | ||
| Q3 24 | $827.0M | $1.5B | ||
| Q2 24 | — | $1.5B |
| Q1 26 | — | $226.1M | ||
| Q4 25 | $261.0M | $193.1M | ||
| Q3 25 | $262.0M | $210.0M | ||
| Q2 25 | $241.0M | $180.8M | ||
| Q1 25 | $218.0M | $213.0M | ||
| Q4 24 | $166.0M | $248.2M | ||
| Q3 24 | $218.0M | $164.4M | ||
| Q2 24 | — | $190.3M |
| 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% |
| Q1 26 | — | 24.2% | ||
| Q4 25 | 38.5% | 22.3% | ||
| Q3 25 | 38.7% | 23.3% | ||
| Q2 25 | 37.2% | 22.4% | ||
| Q1 25 | 35.1% | 23.6% | ||
| Q4 24 | 28.8% | 23.4% | ||
| Q3 24 | 34.0% | 22.2% | ||
| Q2 24 | — | 22.6% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 29.4% | 11.7% | ||
| Q3 25 | 29.5% | 13.4% | ||
| Q2 25 | 29.0% | 11.8% | ||
| Q1 25 | 26.8% | 14.1% | ||
| Q4 24 | 22.8% | 16.2% | ||
| Q3 24 | 26.4% | 11.2% | ||
| Q2 24 | — | 13.1% |
| Q1 26 | — | $0.91 | ||
| Q4 25 | $0.51 | $0.76 | ||
| Q3 25 | $0.50 | $0.83 | ||
| Q2 25 | $0.45 | $0.72 | ||
| Q1 25 | $0.41 | $0.84 | ||
| Q4 24 | $0.29 | $0.98 | ||
| Q3 24 | $0.40 | $0.65 | ||
| Q2 24 | — | $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 | — | $420.9M |
| Total DebtLower is stronger | — | $7.4B |
| Stockholders' EquityBook value | $8.8B | $6.9B |
| Total Assets | $83.9B | $20.3B |
| Debt / EquityLower = less leverage | — | 1.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $420.9M | ||
| Q4 25 | — | $462.1M | ||
| Q3 25 | — | $388.3M | ||
| Q2 25 | — | $480.3M | ||
| Q1 25 | — | $515.0M | ||
| Q4 24 | — | $567.1M | ||
| Q3 24 | — | $694.7M | ||
| Q2 24 | — | $462.7M |
| Q1 26 | — | $7.4B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $6.9B | ||
| Q4 25 | $8.8B | $6.9B | ||
| Q3 25 | $8.9B | $6.9B | ||
| Q2 25 | $9.0B | $6.9B | ||
| Q1 25 | $8.7B | $6.8B | ||
| Q4 24 | $8.8B | $6.5B | ||
| Q3 24 | $9.0B | $6.8B | ||
| Q2 24 | — | $6.4B |
| Q1 26 | — | $20.3B | ||
| Q4 25 | $83.9B | $20.7B | ||
| Q3 25 | $83.2B | $19.5B | ||
| Q2 25 | $82.1B | $19.0B | ||
| Q1 25 | $81.5B | $20.4B | ||
| Q4 24 | $82.2B | $19.0B | ||
| Q3 24 | $82.6B | $18.4B | ||
| Q2 24 | — | $16.9B |
| Q1 26 | — | 1.08× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $396.0M | $299.7M |
| Free Cash FlowOCF − Capex | $389.0M | — |
| FCF MarginFCF / Revenue | 43.8% | — |
| Capex IntensityCapex / Revenue | 0.8% | 0.0% |
| Cash ConversionOCF / Net Profit | 1.52× | 1.33× |
| TTM Free Cash FlowTrailing 4 quarters | $595.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $299.7M | ||
| Q4 25 | $396.0M | $643.5M | ||
| Q3 25 | $-200.0M | $456.2M | ||
| Q2 25 | $83.0M | $372.9M | ||
| Q1 25 | $349.0M | $272.2M | ||
| Q4 24 | $191.0M | $486.6M | ||
| Q3 24 | $389.0M | $336.6M | ||
| Q2 24 | — | $384.9M |
| Q1 26 | — | — | ||
| Q4 25 | $389.0M | $633.0M | ||
| Q3 25 | $-208.0M | $421.5M | ||
| Q2 25 | $74.0M | $350.0M | ||
| Q1 25 | $340.0M | $259.5M | ||
| Q4 24 | $174.0M | $466.9M | ||
| Q3 24 | $383.0M | $310.7M | ||
| Q2 24 | — | $374.9M |
| Q1 26 | — | — | ||
| Q4 25 | 43.8% | 38.3% | ||
| Q3 25 | -23.4% | 26.9% | ||
| Q2 25 | 8.9% | 22.8% | ||
| Q1 25 | 41.9% | 17.1% | ||
| Q4 24 | 23.9% | 30.5% | ||
| Q3 24 | 46.3% | 21.2% | ||
| Q2 24 | — | 25.8% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 0.8% | 0.6% | ||
| Q3 25 | 0.9% | 2.2% | ||
| Q2 25 | 1.1% | 1.5% | ||
| Q1 25 | 1.1% | 0.8% | ||
| Q4 24 | 2.3% | 1.3% | ||
| Q3 24 | 0.7% | 1.8% | ||
| Q2 24 | — | 0.7% |
| Q1 26 | — | 1.33× | ||
| Q4 25 | 1.52× | 3.33× | ||
| Q3 25 | -0.76× | 2.17× | ||
| Q2 25 | 0.34× | 2.06× | ||
| Q1 25 | 1.60× | 1.28× | ||
| Q4 24 | 1.15× | 1.96× | ||
| Q3 24 | 1.78× | 2.05× | ||
| Q2 24 | — | 2.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FHN
| Commercial Consumer And Wealth Segment | $776.0M | 87% |
| Other | $88.0M | 10% |
| Corporate | $24.0M | 3% |
SSNC
| Technology-enabled services | $1.4B | 85% |
| License, maintenance and related | $239.8M | 15% |
