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Side-by-side financial comparison of NCR Atleos Corp (NATL) 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 $1.2B, roughly 1.4× NCR Atleos Corp). SS&C Technologies Holdings Inc runs the higher net margin — 13.7% vs 7.2%, a 6.5% gap on every dollar of revenue. On growth, SS&C Technologies Holdings Inc posted the faster year-over-year revenue change (8.8% vs 4.0%). Over the past eight quarters, SS&C Technologies Holdings Inc's revenue compounded faster (6.5% CAGR vs 4.9%).
NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.
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.
NATL vs SSNC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.6B |
| Net Profit | $83.0M | $226.1M |
| Gross Margin | — | 48.7% |
| Operating Margin | 13.5% | 24.2% |
| Net Margin | 7.2% | 13.7% |
| Revenue YoY | 4.0% | 8.8% |
| Net Profit YoY | 102.4% | 6.2% |
| EPS (diluted) | $1.09 | $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 | $1.2B | $1.7B | ||
| Q3 25 | $1.1B | $1.6B | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | $979.0M | $1.5B | ||
| Q4 24 | $1.1B | $1.5B | ||
| Q3 24 | $1.1B | $1.5B | ||
| Q2 24 | $1.1B | $1.5B |
| Q1 26 | — | $226.1M | ||
| Q4 25 | $83.0M | $193.1M | ||
| Q3 25 | $26.0M | $210.0M | ||
| Q2 25 | $39.0M | $180.8M | ||
| Q1 25 | $14.0M | $213.0M | ||
| Q4 24 | $41.0M | $248.2M | ||
| Q3 24 | $21.0M | $164.4M | ||
| Q2 24 | $27.0M | $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 | 13.5% | 22.3% | ||
| Q3 25 | 9.8% | 23.3% | ||
| Q2 25 | 10.8% | 22.4% | ||
| Q1 25 | 9.5% | 23.6% | ||
| Q4 24 | 13.4% | 23.4% | ||
| Q3 24 | 10.6% | 22.2% | ||
| Q2 24 | 9.8% | 22.6% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 7.2% | 11.7% | ||
| Q3 25 | 2.3% | 13.4% | ||
| Q2 25 | 3.5% | 11.8% | ||
| Q1 25 | 1.4% | 14.1% | ||
| Q4 24 | 3.7% | 16.2% | ||
| Q3 24 | 2.0% | 11.2% | ||
| Q2 24 | 2.5% | 13.1% |
| Q1 26 | — | $0.91 | ||
| Q4 25 | $1.09 | $0.76 | ||
| Q3 25 | $0.34 | $0.83 | ||
| Q2 25 | $0.52 | $0.72 | ||
| Q1 25 | $0.19 | $0.84 | ||
| Q4 24 | $0.56 | $0.98 | ||
| Q3 24 | $0.28 | $0.65 | ||
| Q2 24 | $0.37 | $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 | $456.0M | $420.9M |
| Total DebtLower is stronger | $2.7B | $7.4B |
| Stockholders' EquityBook value | $403.0M | $6.9B |
| Total Assets | $5.7B | $20.3B |
| Debt / EquityLower = less leverage | 6.63× | 1.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $420.9M | ||
| Q4 25 | $456.0M | $462.1M | ||
| Q3 25 | $412.0M | $388.3M | ||
| Q2 25 | $357.0M | $480.3M | ||
| Q1 25 | $352.0M | $515.0M | ||
| Q4 24 | $419.0M | $567.1M | ||
| Q3 24 | $395.0M | $694.7M | ||
| Q2 24 | $374.0M | $462.7M |
| Q1 26 | — | $7.4B | ||
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.8B | — | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $6.9B | ||
| Q4 25 | $403.0M | $6.9B | ||
| Q3 25 | $330.0M | $6.9B | ||
| Q2 25 | $350.0M | $6.9B | ||
| Q1 25 | $275.0M | $6.8B | ||
| Q4 24 | $219.0M | $6.5B | ||
| Q3 24 | $264.0M | $6.8B | ||
| Q2 24 | $250.0M | $6.4B |
| Q1 26 | — | $20.3B | ||
| Q4 25 | $5.7B | $20.7B | ||
| Q3 25 | $5.7B | $19.5B | ||
| Q2 25 | $5.8B | $19.0B | ||
| Q1 25 | $5.7B | $20.4B | ||
| Q4 24 | $5.5B | $19.0B | ||
| Q3 24 | $5.7B | $18.4B | ||
| Q2 24 | $5.8B | $16.9B |
| Q1 26 | — | 1.08× | ||
| Q4 25 | 6.63× | — | ||
| Q3 25 | 8.45× | — | ||
| Q2 25 | 8.05× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 13.05× | — | ||
| 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 | $231.0M | $299.7M |
| Free Cash FlowOCF − Capex | $194.0M | — |
| FCF MarginFCF / Revenue | 16.8% | — |
| Capex IntensityCapex / Revenue | 3.2% | 0.0% |
| Cash ConversionOCF / Net Profit | 2.78× | 1.33× |
| TTM Free Cash FlowTrailing 4 quarters | $239.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $299.7M | ||
| Q4 25 | $231.0M | $643.5M | ||
| Q3 25 | $25.0M | $456.2M | ||
| Q2 25 | $-23.0M | $372.9M | ||
| Q1 25 | $123.0M | $272.2M | ||
| Q4 24 | $80.0M | $486.6M | ||
| Q3 24 | $107.0M | $336.6M | ||
| Q2 24 | $9.0M | $384.9M |
| Q1 26 | — | — | ||
| Q4 25 | $194.0M | $633.0M | ||
| Q3 25 | $-5.0M | $421.5M | ||
| Q2 25 | $-44.0M | $350.0M | ||
| Q1 25 | $94.0M | $259.5M | ||
| Q4 24 | $62.0M | $466.9M | ||
| Q3 24 | $85.0M | $310.7M | ||
| Q2 24 | $-14.0M | $374.9M |
| Q1 26 | — | — | ||
| Q4 25 | 16.8% | 38.3% | ||
| Q3 25 | -0.4% | 26.9% | ||
| Q2 25 | -4.0% | 22.8% | ||
| Q1 25 | 9.6% | 17.1% | ||
| Q4 24 | 5.6% | 30.5% | ||
| Q3 24 | 7.9% | 21.2% | ||
| Q2 24 | -1.3% | 25.8% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 3.2% | 0.6% | ||
| Q3 25 | 2.7% | 2.2% | ||
| Q2 25 | 1.9% | 1.5% | ||
| Q1 25 | 3.0% | 0.8% | ||
| Q4 24 | 1.6% | 1.3% | ||
| Q3 24 | 2.1% | 1.8% | ||
| Q2 24 | 2.1% | 0.7% |
| Q1 26 | — | 1.33× | ||
| Q4 25 | 2.78× | 3.33× | ||
| Q3 25 | 0.96× | 2.17× | ||
| Q2 25 | -0.59× | 2.06× | ||
| Q1 25 | 8.79× | 1.28× | ||
| Q4 24 | 1.95× | 1.96× | ||
| Q3 24 | 5.10× | 2.05× | ||
| Q2 24 | 0.33× | 2.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
SSNC
| Technology-enabled services | $1.4B | 85% |
| License, maintenance and related | $239.8M | 15% |
