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Side-by-side financial comparison of KeyCorp (KEY) and SS&C Technologies Holdings Inc (SSNC). Click either name above to swap in a different company.
KeyCorp is the larger business by last-quarter revenue ($2.0B vs $1.6B, roughly 1.2× SS&C Technologies Holdings Inc). KeyCorp runs the higher net margin — 25.4% vs 13.7%, a 11.7% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 8.8%). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs 6.5%).
Key is a Japanese visual novel studio known for making dramatic and plot-oriented titles. It was formed on July 21, 1998, as a brand under the publisher Visual Arts, and is located in Kita, Osaka.
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.
KEY vs SSNC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $2.0B | $1.6B |
| Net Profit | $510.0M | $226.1M |
| Gross Margin | — | 48.7% |
| Operating Margin | 32.3% | 24.2% |
| Net Margin | 25.4% | 13.7% |
| Revenue YoY | 131.8% | 8.8% |
| Net Profit YoY | 309.0% | 6.2% |
| EPS (diluted) | $0.43 | $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 | $2.0B | $1.7B | ||
| Q3 25 | $1.9B | $1.6B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.8B | $1.5B | ||
| Q4 24 | $865.0M | $1.5B | ||
| Q3 24 | $695.0M | $1.5B | ||
| Q2 24 | $1.5B | $1.5B |
| Q1 26 | — | $226.1M | ||
| Q4 25 | $510.0M | $193.1M | ||
| Q3 25 | $489.0M | $210.0M | ||
| Q2 25 | $425.0M | $180.8M | ||
| Q1 25 | $405.0M | $213.0M | ||
| Q4 24 | $-244.0M | $248.2M | ||
| Q3 24 | $-410.0M | $164.4M | ||
| Q2 24 | $274.0M | $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 | 32.3% | 22.3% | ||
| Q3 25 | 31.8% | 23.3% | ||
| Q2 25 | 29.3% | 22.4% | ||
| Q1 25 | 29.0% | 23.6% | ||
| Q4 24 | -92.6% | 23.4% | ||
| Q3 24 | -72.8% | 22.2% | ||
| Q2 24 | 22.0% | 22.6% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 25.4% | 11.7% | ||
| Q3 25 | 25.8% | 13.4% | ||
| Q2 25 | 23.1% | 11.8% | ||
| Q1 25 | 22.8% | 14.1% | ||
| Q4 24 | -54.7% | 16.2% | ||
| Q3 24 | -59.0% | 11.2% | ||
| Q2 24 | 18.0% | 13.1% |
| Q1 26 | — | $0.91 | ||
| Q4 25 | $0.43 | $0.76 | ||
| Q3 25 | $0.41 | $0.83 | ||
| Q2 25 | $0.35 | $0.72 | ||
| Q1 25 | $0.33 | $0.84 | ||
| Q4 24 | $-0.30 | $0.98 | ||
| Q3 24 | $-0.47 | $0.65 | ||
| Q2 24 | $0.25 | $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 | $10.2B | $420.9M |
| Total DebtLower is stronger | $9.9B | $7.4B |
| Stockholders' EquityBook value | $20.4B | $6.9B |
| Total Assets | $184.4B | $20.3B |
| Debt / EquityLower = less leverage | 0.49× | 1.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $420.9M | ||
| Q4 25 | $10.2B | $462.1M | ||
| Q3 25 | $13.3B | $388.3M | ||
| Q2 25 | $11.6B | $480.3M | ||
| Q1 25 | $15.3B | $515.0M | ||
| Q4 24 | $17.5B | $567.1M | ||
| Q3 24 | $22.8B | $694.7M | ||
| Q2 24 | $15.5B | $462.7M |
| Q1 26 | — | $7.4B | ||
| Q4 25 | $9.9B | — | ||
| Q3 25 | $10.9B | — | ||
| Q2 25 | $12.1B | — | ||
| Q1 25 | $12.4B | — | ||
| Q4 24 | $12.1B | — | ||
| Q3 24 | $15.7B | — | ||
| Q2 24 | $16.9B | — |
| Q1 26 | — | $6.9B | ||
| Q4 25 | $20.4B | $6.9B | ||
| Q3 25 | $20.1B | $6.9B | ||
| Q2 25 | $19.5B | $6.9B | ||
| Q1 25 | $19.0B | $6.8B | ||
| Q4 24 | $18.2B | $6.5B | ||
| Q3 24 | $16.9B | $6.8B | ||
| Q2 24 | $14.8B | $6.4B |
| Q1 26 | — | $20.3B | ||
| Q4 25 | $184.4B | $20.7B | ||
| Q3 25 | $187.4B | $19.5B | ||
| Q2 25 | $185.5B | $19.0B | ||
| Q1 25 | $188.7B | $20.4B | ||
| Q4 24 | $187.2B | $19.0B | ||
| Q3 24 | $189.8B | $18.4B | ||
| Q2 24 | $187.4B | $16.9B |
| Q1 26 | — | 1.08× | ||
| Q4 25 | 0.49× | — | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.67× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 1.14× | — |
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 | $2.2B | $299.7M |
| Free Cash FlowOCF − Capex | $2.1B | — |
| FCF MarginFCF / Revenue | 104.8% | — |
| Capex IntensityCapex / Revenue | 5.3% | 0.0% |
| Cash ConversionOCF / Net Profit | 4.33× | 1.33× |
| TTM Free Cash FlowTrailing 4 quarters | $3.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $299.7M | ||
| Q4 25 | $2.2B | $643.5M | ||
| Q3 25 | $396.0M | $456.2M | ||
| Q2 25 | $1.2B | $372.9M | ||
| Q1 25 | $-140.0M | $272.2M | ||
| Q4 24 | $664.0M | $486.6M | ||
| Q3 24 | $-1.2B | $336.6M | ||
| Q2 24 | $-217.0M | $384.9M |
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $633.0M | ||
| Q3 25 | $367.0M | $421.5M | ||
| Q2 25 | $1.2B | $350.0M | ||
| Q1 25 | $-150.0M | $259.5M | ||
| Q4 24 | $599.0M | $466.9M | ||
| Q3 24 | $-1.2B | $310.7M | ||
| Q2 24 | $-230.0M | $374.9M |
| Q1 26 | — | — | ||
| Q4 25 | 104.8% | 38.3% | ||
| Q3 25 | 19.4% | 26.9% | ||
| Q2 25 | 65.8% | 22.8% | ||
| Q1 25 | -8.5% | 17.1% | ||
| Q4 24 | 69.2% | 30.5% | ||
| Q3 24 | -175.8% | 21.2% | ||
| Q2 24 | -15.1% | 25.8% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 5.3% | 0.6% | ||
| Q3 25 | 1.5% | 2.2% | ||
| Q2 25 | 1.3% | 1.5% | ||
| Q1 25 | 0.6% | 0.8% | ||
| Q4 24 | 7.5% | 1.3% | ||
| Q3 24 | 2.4% | 1.8% | ||
| Q2 24 | 0.9% | 0.7% |
| Q1 26 | — | 1.33× | ||
| Q4 25 | 4.33× | 3.33× | ||
| Q3 25 | 0.81× | 2.17× | ||
| Q2 25 | 2.90× | 2.06× | ||
| Q1 25 | -0.35× | 1.28× | ||
| Q4 24 | — | 1.96× | ||
| Q3 24 | — | 2.05× | ||
| Q2 24 | -0.79× | 2.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KEY
Segment breakdown not available.
SSNC
| Technology-enabled services | $1.4B | 85% |
| License, maintenance and related | $239.8M | 15% |