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Side-by-side financial comparison of Invesco (IVZ) and SS&C Technologies Holdings Inc (SSNC). Click either name above to swap in a different company.
Invesco is the larger business by last-quarter revenue ($1.7B vs $1.6B, roughly 1.0× SS&C Technologies Holdings Inc). SS&C Technologies Holdings Inc runs the higher net margin — 13.7% vs -58.9%, a 72.6% gap on every dollar of revenue. On growth, SS&C Technologies Holdings Inc posted the faster year-over-year revenue change (8.8% vs 6.2%). Over the past eight quarters, Invesco's revenue compounded faster (7.1% CAGR vs 6.5%).
Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.
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.
IVZ vs SSNC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $1.6B |
| Net Profit | $-995.9M | $226.1M |
| Gross Margin | — | 48.7% |
| Operating Margin | -86.2% | 24.2% |
| Net Margin | -58.9% | 13.7% |
| Revenue YoY | 6.2% | 8.8% |
| Net Profit YoY | -575.8% | 6.2% |
| EPS (diluted) | $-2.61 | $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 | $1.7B | $1.7B | ||
| Q3 25 | $1.6B | $1.6B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.5B | $1.5B | ||
| Q4 24 | $1.6B | $1.5B | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.5B | $1.5B |
| Q1 26 | — | $226.1M | ||
| Q4 25 | $-995.9M | $193.1M | ||
| Q3 25 | $356.4M | $210.0M | ||
| Q2 25 | $197.4M | $180.8M | ||
| Q1 25 | $171.1M | $213.0M | ||
| Q4 24 | $209.3M | $248.2M | ||
| Q3 24 | $55.0M | $164.4M | ||
| Q2 24 | $132.2M | $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 | -86.2% | 22.3% | ||
| Q3 25 | 16.5% | 23.3% | ||
| Q2 25 | 14.1% | 22.4% | ||
| Q1 25 | 18.1% | 23.6% | ||
| Q4 24 | 19.6% | 23.4% | ||
| Q3 24 | 6.6% | 22.2% | ||
| Q2 24 | 13.9% | 22.6% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | -58.9% | 11.7% | ||
| Q3 25 | 21.7% | 13.4% | ||
| Q2 25 | 13.0% | 11.8% | ||
| Q1 25 | 11.2% | 14.1% | ||
| Q4 24 | 13.1% | 16.2% | ||
| Q3 24 | 3.6% | 11.2% | ||
| Q2 24 | 8.9% | 13.1% |
| Q1 26 | — | $0.91 | ||
| Q4 25 | $-2.61 | $0.76 | ||
| Q3 25 | $0.66 | $0.83 | ||
| Q2 25 | $-0.03 | $0.72 | ||
| Q1 25 | $0.38 | $0.84 | ||
| Q4 24 | $0.46 | $0.98 | ||
| Q3 24 | $0.12 | $0.65 | ||
| Q2 24 | $0.29 | $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 | $1.0B | $420.9M |
| Total DebtLower is stronger | $1.8B | $7.4B |
| Stockholders' EquityBook value | $12.2B | $6.9B |
| Total Assets | $27.1B | $20.3B |
| Debt / EquityLower = less leverage | 0.15× | 1.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $420.9M | ||
| Q4 25 | $1.0B | $462.1M | ||
| Q3 25 | $973.1M | $388.3M | ||
| Q2 25 | $922.7M | $480.3M | ||
| Q1 25 | $821.7M | $515.0M | ||
| Q4 24 | $986.5M | $567.1M | ||
| Q3 24 | $1.0B | $694.7M | ||
| Q2 24 | $878.5M | $462.7M |
| Q1 26 | — | $7.4B | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $964.8M | — | ||
| Q4 24 | $890.6M | — | ||
| Q3 24 | $890.3M | — | ||
| Q2 24 | $890.1M | — |
| Q1 26 | — | $6.9B | ||
| Q4 25 | $12.2B | $6.9B | ||
| Q3 25 | $14.0B | $6.9B | ||
| Q2 25 | $13.9B | $6.9B | ||
| Q1 25 | $14.7B | $6.8B | ||
| Q4 24 | $14.6B | $6.5B | ||
| Q3 24 | $14.8B | $6.8B | ||
| Q2 24 | $14.6B | $6.4B |
| Q1 26 | — | $20.3B | ||
| Q4 25 | $27.1B | $20.7B | ||
| Q3 25 | $28.4B | $19.5B | ||
| Q2 25 | $28.5B | $19.0B | ||
| Q1 25 | $28.1B | $20.4B | ||
| Q4 24 | $27.0B | $19.0B | ||
| Q3 24 | $27.5B | $18.4B | ||
| Q2 24 | $27.2B | $16.9B |
| Q1 26 | — | 1.08× | ||
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.14× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.06× | — | ||
| Q3 24 | 0.06× | — | ||
| Q2 24 | 0.06× | — |
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 | $455.8M | $299.7M |
| Free Cash FlowOCF − Capex | $432.2M | — |
| FCF MarginFCF / Revenue | 25.5% | — |
| Capex IntensityCapex / Revenue | 1.4% | 0.0% |
| Cash ConversionOCF / Net Profit | — | 1.33× |
| TTM Free Cash FlowTrailing 4 quarters | $1.4B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $299.7M | ||
| Q4 25 | $455.8M | $643.5M | ||
| Q3 25 | $606.2M | $456.2M | ||
| Q2 25 | $547.9M | $372.9M | ||
| Q1 25 | $-84.6M | $272.2M | ||
| Q4 24 | $316.9M | $486.6M | ||
| Q3 24 | $438.4M | $336.6M | ||
| Q2 24 | $489.1M | $384.9M |
| Q1 26 | — | — | ||
| Q4 25 | $432.2M | $633.0M | ||
| Q3 25 | $586.4M | $421.5M | ||
| Q2 25 | $530.4M | $350.0M | ||
| Q1 25 | $-108.0M | $259.5M | ||
| Q4 24 | $309.9M | $466.9M | ||
| Q3 24 | $410.0M | $310.7M | ||
| Q2 24 | $462.4M | $374.9M |
| Q1 26 | — | — | ||
| Q4 25 | 25.5% | 38.3% | ||
| Q3 25 | 35.7% | 26.9% | ||
| Q2 25 | 35.0% | 22.8% | ||
| Q1 25 | -7.1% | 17.1% | ||
| Q4 24 | 19.5% | 30.5% | ||
| Q3 24 | 27.1% | 21.2% | ||
| Q2 24 | 31.2% | 25.8% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 1.4% | 0.6% | ||
| Q3 25 | 1.2% | 2.2% | ||
| Q2 25 | 1.2% | 1.5% | ||
| Q1 25 | 1.5% | 0.8% | ||
| Q4 24 | 0.4% | 1.3% | ||
| Q3 24 | 1.9% | 1.8% | ||
| Q2 24 | 1.8% | 0.7% |
| Q1 26 | — | 1.33× | ||
| Q4 25 | — | 3.33× | ||
| Q3 25 | 1.70× | 2.17× | ||
| Q2 25 | 2.78× | 2.06× | ||
| Q1 25 | -0.49× | 1.28× | ||
| Q4 24 | 1.51× | 1.96× | ||
| Q3 24 | 7.97× | 2.05× | ||
| Q2 24 | 3.70× | 2.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IVZ
| Investment Advice | $1.2B | 73% |
| Distribution And Shareholder Service | $382.7M | 23% |
| Financial Service Other | $51.0M | 3% |
| Investment Performance | $28.9M | 2% |
SSNC
| Technology-enabled services | $1.4B | 85% |
| License, maintenance and related | $239.8M | 15% |
