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Side-by-side financial comparison of Fidelity National Information Services (FIS) and SS&C Technologies Holdings Inc (SSNC). Click either name above to swap in a different company.
Fidelity National Information Services is the larger business by last-quarter revenue ($2.8B vs $1.6B, roughly 1.7× SS&C Technologies Holdings Inc). Fidelity National Information Services runs the higher net margin — 18.2% vs 13.7%, a 4.4% gap on every dollar of revenue. On growth, SS&C Technologies Holdings Inc posted the faster year-over-year revenue change (8.8% vs 8.1%). Over the past eight quarters, Fidelity National Information Services's revenue compounded faster (6.8% CAGR vs 6.5%).
Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services. FIS is most known for its development of Financial Technology, or FinTech. Annually, FIS facilitates the movement of roughly US$9 trillion through the processing of approximately 75 billion transactions in service to more than 20,000 clients around the globe.
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.
FIS vs SSNC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.8B | $1.6B |
| Net Profit | $511.0M | $226.1M |
| Gross Margin | 38.3% | 48.7% |
| Operating Margin | 18.8% | 24.2% |
| Net Margin | 18.2% | 13.7% |
| Revenue YoY | 8.1% | 8.8% |
| Net Profit YoY | 97.3% | 6.2% |
| EPS (diluted) | $0.98 | $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 | $2.8B | $1.7B | ||
| Q3 25 | $2.7B | $1.6B | ||
| Q2 25 | $2.6B | $1.5B | ||
| Q1 25 | $2.5B | $1.5B | ||
| Q4 24 | $2.6B | $1.5B | ||
| Q3 24 | $2.6B | $1.5B | ||
| Q2 24 | $2.5B | $1.5B |
| Q1 26 | — | $226.1M | ||
| Q4 25 | $511.0M | $193.1M | ||
| Q3 25 | $264.0M | $210.0M | ||
| Q2 25 | $-470.0M | $180.8M | ||
| Q1 25 | $77.0M | $213.0M | ||
| Q4 24 | $259.0M | $248.2M | ||
| Q3 24 | $224.0M | $164.4M | ||
| Q2 24 | $243.0M | $190.3M |
| Q1 26 | — | 48.7% | ||
| Q4 25 | 38.3% | 47.8% | ||
| Q3 25 | 37.8% | 47.7% | ||
| Q2 25 | 36.4% | 48.0% | ||
| Q1 25 | 34.7% | 49.3% | ||
| Q4 24 | 36.9% | 49.3% | ||
| Q3 24 | 38.0% | 48.0% | ||
| Q2 24 | 38.2% | 48.1% |
| Q1 26 | — | 24.2% | ||
| Q4 25 | 18.8% | 22.3% | ||
| Q3 25 | 16.8% | 23.3% | ||
| Q2 25 | 15.6% | 22.4% | ||
| Q1 25 | 13.7% | 23.6% | ||
| Q4 24 | 18.5% | 23.4% | ||
| Q3 24 | 19.1% | 22.2% | ||
| Q2 24 | 15.2% | 22.6% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 18.2% | 11.7% | ||
| Q3 25 | 9.7% | 13.4% | ||
| Q2 25 | -18.0% | 11.8% | ||
| Q1 25 | 3.0% | 14.1% | ||
| Q4 24 | 10.0% | 16.2% | ||
| Q3 24 | 8.7% | 11.2% | ||
| Q2 24 | 9.8% | 13.1% |
| Q1 26 | — | $0.91 | ||
| Q4 25 | $0.98 | $0.76 | ||
| Q3 25 | $0.50 | $0.83 | ||
| Q2 25 | $-0.90 | $0.72 | ||
| Q1 25 | $0.15 | $0.84 | ||
| Q4 24 | $0.51 | $0.98 | ||
| Q3 24 | $0.41 | $0.65 | ||
| Q2 24 | $0.44 | $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 | $599.0M | $420.9M |
| Total DebtLower is stronger | $9.1B | $7.4B |
| Stockholders' EquityBook value | $13.9B | $6.9B |
| Total Assets | $33.5B | $20.3B |
| Debt / EquityLower = less leverage | 0.65× | 1.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $420.9M | ||
| Q4 25 | $599.0M | $462.1M | ||
| Q3 25 | $571.0M | $388.3M | ||
| Q2 25 | $581.0M | $480.3M | ||
| Q1 25 | $805.0M | $515.0M | ||
| Q4 24 | $834.0M | $567.1M | ||
| Q3 24 | $1.3B | $694.7M | ||
| Q2 24 | $2.1B | $462.7M |
| Q1 26 | — | $7.4B | ||
| Q4 25 | $9.1B | — | ||
| Q3 25 | $8.9B | — | ||
| Q2 25 | $8.9B | — | ||
| Q1 25 | $8.7B | — | ||
| Q4 24 | $9.7B | — | ||
| Q3 24 | $10.5B | — | ||
| Q2 24 | $10.6B | — |
| Q1 26 | — | $6.9B | ||
| Q4 25 | $13.9B | $6.9B | ||
| Q3 25 | $13.9B | $6.9B | ||
| Q2 25 | $14.2B | $6.9B | ||
| Q1 25 | $15.1B | $6.8B | ||
| Q4 24 | $15.7B | $6.5B | ||
| Q3 24 | $16.6B | $6.8B | ||
| Q2 24 | $17.0B | $6.4B |
| Q1 26 | — | $20.3B | ||
| Q4 25 | $33.5B | $20.7B | ||
| Q3 25 | $33.0B | $19.5B | ||
| Q2 25 | $33.4B | $19.0B | ||
| Q1 25 | $32.8B | $20.4B | ||
| Q4 24 | $33.8B | $19.0B | ||
| Q3 24 | $34.3B | $18.4B | ||
| Q2 24 | $34.6B | $16.9B |
| Q1 26 | — | 1.08× | ||
| Q4 25 | 0.65× | — | ||
| Q3 25 | 0.64× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.57× | — | ||
| Q4 24 | 0.62× | — | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | 0.62× | — |
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 | $758.0M | $299.7M |
| Free Cash FlowOCF − Capex | $739.0M | — |
| FCF MarginFCF / Revenue | 26.3% | — |
| Capex IntensityCapex / Revenue | 0.7% | 0.0% |
| Cash ConversionOCF / Net Profit | 1.48× | 1.33× |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $299.7M | ||
| Q4 25 | $758.0M | $643.5M | ||
| Q3 25 | $1.0B | $456.2M | ||
| Q2 25 | $382.0M | $372.9M | ||
| Q1 25 | $457.0M | $272.2M | ||
| Q4 24 | $782.0M | $486.6M | ||
| Q3 24 | $641.0M | $336.6M | ||
| Q2 24 | $546.0M | $384.9M |
| Q1 26 | — | — | ||
| Q4 25 | $739.0M | $633.0M | ||
| Q3 25 | $952.0M | $421.5M | ||
| Q2 25 | $343.0M | $350.0M | ||
| Q1 25 | $420.0M | $259.5M | ||
| Q4 24 | $764.0M | $466.9M | ||
| Q3 24 | $605.0M | $310.7M | ||
| Q2 24 | $530.0M | $374.9M |
| Q1 26 | — | — | ||
| Q4 25 | 26.3% | 38.3% | ||
| Q3 25 | 35.0% | 26.9% | ||
| Q2 25 | 13.1% | 22.8% | ||
| Q1 25 | 16.6% | 17.1% | ||
| Q4 24 | 29.4% | 30.5% | ||
| Q3 24 | 23.5% | 21.2% | ||
| Q2 24 | 21.3% | 25.8% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 0.7% | 0.6% | ||
| Q3 25 | 2.2% | 2.2% | ||
| Q2 25 | 1.5% | 1.5% | ||
| Q1 25 | 1.5% | 0.8% | ||
| Q4 24 | 0.7% | 1.3% | ||
| Q3 24 | 1.4% | 1.8% | ||
| Q2 24 | 0.6% | 0.7% |
| Q1 26 | — | 1.33× | ||
| Q4 25 | 1.48× | 3.33× | ||
| Q3 25 | 3.83× | 2.17× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | 5.94× | 1.28× | ||
| Q4 24 | 3.02× | 1.96× | ||
| Q3 24 | 2.86× | 2.05× | ||
| Q2 24 | 2.25× | 2.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FIS
| Banking Solutions | $1.6B | 57% |
| Other | $701.0M | 25% |
| Capital Market Solutions | $508.0M | 18% |
SSNC
| Technology-enabled services | $1.4B | 85% |
| License, maintenance and related | $239.8M | 15% |
