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Side-by-side financial comparison of MKS INC (MKSI) 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 $1.0B, roughly 1.6× MKS INC). SS&C Technologies Holdings Inc runs the higher net margin — 13.7% vs 10.3%, a 3.4% gap on every dollar of revenue. On growth, MKS INC posted the faster year-over-year revenue change (10.6% vs 8.8%). Over the past eight quarters, MKS INC's revenue compounded faster (9.1% CAGR vs 6.5%).
MKS, Inc is a subsidiary of PTC, Inc. It was previously a multinational independent software vendor that was acquired by Parametric Technology Corporation on May 31, 2011. MKS operated in the Application Lifecycle Management (ALM) and Systems Administration market segments.
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.
MKSI vs SSNC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.6B |
| Net Profit | $107.0M | $226.1M |
| Gross Margin | 46.3% | 48.7% |
| Operating Margin | 13.9% | 24.2% |
| Net Margin | 10.3% | 13.7% |
| Revenue YoY | 10.6% | 8.8% |
| Net Profit YoY | 18.9% | 6.2% |
| EPS (diluted) | $1.58 | $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 | $1.0B | $1.7B | ||
| Q3 25 | $988.0M | $1.6B | ||
| Q2 25 | $973.0M | $1.5B | ||
| Q1 25 | $936.0M | $1.5B | ||
| Q4 24 | $935.0M | $1.5B | ||
| Q3 24 | $896.0M | $1.5B | ||
| Q2 24 | $887.0M | $1.5B |
| Q1 26 | — | $226.1M | ||
| Q4 25 | $107.0M | $193.1M | ||
| Q3 25 | $74.0M | $210.0M | ||
| Q2 25 | $62.0M | $180.8M | ||
| Q1 25 | $52.0M | $213.0M | ||
| Q4 24 | $90.0M | $248.2M | ||
| Q3 24 | $62.0M | $164.4M | ||
| Q2 24 | $23.0M | $190.3M |
| Q1 26 | — | 48.7% | ||
| Q4 25 | 46.3% | 47.8% | ||
| Q3 25 | 46.7% | 47.7% | ||
| Q2 25 | 46.6% | 48.0% | ||
| Q1 25 | 47.4% | 49.3% | ||
| Q4 24 | 47.3% | 49.3% | ||
| Q3 24 | 48.2% | 48.0% | ||
| Q2 24 | 47.2% | 48.1% |
| Q1 26 | — | 24.2% | ||
| Q4 25 | 13.9% | 22.3% | ||
| Q3 25 | 14.0% | 23.3% | ||
| Q2 25 | 13.9% | 22.4% | ||
| Q1 25 | 11.9% | 23.6% | ||
| Q4 24 | 14.7% | 23.4% | ||
| Q3 24 | 14.3% | 22.2% | ||
| Q2 24 | 14.3% | 22.6% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 10.3% | 11.7% | ||
| Q3 25 | 7.5% | 13.4% | ||
| Q2 25 | 6.4% | 11.8% | ||
| Q1 25 | 5.6% | 14.1% | ||
| Q4 24 | 9.6% | 16.2% | ||
| Q3 24 | 6.9% | 11.2% | ||
| Q2 24 | 2.6% | 13.1% |
| Q1 26 | — | $0.91 | ||
| Q4 25 | $1.58 | $0.76 | ||
| Q3 25 | $1.10 | $0.83 | ||
| Q2 25 | $0.92 | $0.72 | ||
| Q1 25 | $0.77 | $0.84 | ||
| Q4 24 | $1.34 | $0.98 | ||
| Q3 24 | $0.92 | $0.65 | ||
| Q2 24 | $0.33 | $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 | $418.0M | $420.9M |
| Total DebtLower is stronger | $4.2B | $7.4B |
| Stockholders' EquityBook value | $2.7B | $6.9B |
| Total Assets | $8.8B | $20.3B |
| Debt / EquityLower = less leverage | 1.53× | 1.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $420.9M | ||
| Q4 25 | $418.0M | $462.1M | ||
| Q3 25 | $413.0M | $388.3M | ||
| Q2 25 | $498.0M | $480.3M | ||
| Q1 25 | $407.0M | $515.0M | ||
| Q4 24 | $420.0M | $567.1M | ||
| Q3 24 | $439.0M | $694.7M | ||
| Q2 24 | $506.0M | $462.7M |
| Q1 26 | — | $7.4B | ||
| Q4 25 | $4.2B | — | ||
| Q3 25 | $4.3B | — | ||
| Q2 25 | $4.4B | — | ||
| Q1 25 | $4.4B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.8B | — | ||
| Q2 24 | $4.8B | — |
| Q1 26 | — | $6.9B | ||
| Q4 25 | $2.7B | $6.9B | ||
| Q3 25 | $2.6B | $6.9B | ||
| Q2 25 | $2.6B | $6.9B | ||
| Q1 25 | $2.4B | $6.8B | ||
| Q4 24 | $2.3B | $6.5B | ||
| Q3 24 | $2.4B | $6.8B | ||
| Q2 24 | $2.2B | $6.4B |
| Q1 26 | — | $20.3B | ||
| Q4 25 | $8.8B | $20.7B | ||
| Q3 25 | $8.8B | $19.5B | ||
| Q2 25 | $8.8B | $19.0B | ||
| Q1 25 | $8.6B | $20.4B | ||
| Q4 24 | $8.6B | $19.0B | ||
| Q3 24 | $9.0B | $18.4B | ||
| Q2 24 | $8.9B | $16.9B |
| Q1 26 | — | 1.08× | ||
| Q4 25 | 1.53× | — | ||
| Q3 25 | 1.64× | — | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.87× | — | ||
| Q4 24 | 1.93× | — | ||
| Q3 24 | 1.98× | — | ||
| Q2 24 | 2.16× | — |
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 | $142.0M | $299.7M |
| Free Cash FlowOCF − Capex | $92.0M | — |
| FCF MarginFCF / Revenue | 8.9% | — |
| Capex IntensityCapex / Revenue | 4.8% | 0.0% |
| Cash ConversionOCF / Net Profit | 1.33× | 1.33× |
| TTM Free Cash FlowTrailing 4 quarters | $497.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $299.7M | ||
| Q4 25 | $142.0M | $643.5M | ||
| Q3 25 | $197.0M | $456.2M | ||
| Q2 25 | $165.0M | $372.9M | ||
| Q1 25 | $141.0M | $272.2M | ||
| Q4 24 | $176.0M | $486.6M | ||
| Q3 24 | $163.0M | $336.6M | ||
| Q2 24 | $122.0M | $384.9M |
| Q1 26 | — | — | ||
| Q4 25 | $92.0M | $633.0M | ||
| Q3 25 | $146.0M | $421.5M | ||
| Q2 25 | $136.0M | $350.0M | ||
| Q1 25 | $123.0M | $259.5M | ||
| Q4 24 | $125.0M | $466.9M | ||
| Q3 24 | $141.0M | $310.7M | ||
| Q2 24 | $95.0M | $374.9M |
| Q1 26 | — | — | ||
| Q4 25 | 8.9% | 38.3% | ||
| Q3 25 | 14.8% | 26.9% | ||
| Q2 25 | 14.0% | 22.8% | ||
| Q1 25 | 13.1% | 17.1% | ||
| Q4 24 | 13.4% | 30.5% | ||
| Q3 24 | 15.7% | 21.2% | ||
| Q2 24 | 10.7% | 25.8% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 4.8% | 0.6% | ||
| Q3 25 | 5.2% | 2.2% | ||
| Q2 25 | 3.0% | 1.5% | ||
| Q1 25 | 1.9% | 0.8% | ||
| Q4 24 | 5.5% | 1.3% | ||
| Q3 24 | 2.5% | 1.8% | ||
| Q2 24 | 3.0% | 0.7% |
| Q1 26 | — | 1.33× | ||
| Q4 25 | 1.33× | 3.33× | ||
| Q3 25 | 2.66× | 2.17× | ||
| Q2 25 | 2.66× | 2.06× | ||
| Q1 25 | 2.71× | 1.28× | ||
| Q4 24 | 1.96× | 1.96× | ||
| Q3 24 | 2.63× | 2.05× | ||
| Q2 24 | 5.30× | 2.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MKSI
| Electronics And Packaging | $303.0M | 29% |
| Specialty Industrial | $295.0M | 29% |
| Photonics Solutions Division | $274.0M | 26% |
| Services | $125.0M | 12% |
| Other | $37.0M | 4% |
SSNC
| Technology-enabled services | $1.4B | 85% |
| License, maintenance and related | $239.8M | 15% |
