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Side-by-side financial comparison of Transocean Ltd. (RIG) 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× Transocean Ltd.). SS&C Technologies Holdings Inc runs the higher net margin — 13.7% vs 2.4%, a 11.3% gap on every dollar of revenue. On growth, Transocean Ltd. posted the faster year-over-year revenue change (9.6% vs 8.8%). Over the past eight quarters, Transocean Ltd.'s revenue compounded faster (16.9% CAGR vs 6.5%).

Transocean Ltd. is an American drilling company. It is the world's largest offshore drilling contractor based on revenue and is based in Steinhausen, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.

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.

RIG vs SSNC — Head-to-Head

Bigger by revenue
SSNC
SSNC
1.6× larger
SSNC
$1.6B
$1.0B
RIG
Growing faster (revenue YoY)
RIG
RIG
+0.8% gap
RIG
9.6%
8.8%
SSNC
Higher net margin
SSNC
SSNC
11.3% more per $
SSNC
13.7%
2.4%
RIG
Faster 2-yr revenue CAGR
RIG
RIG
Annualised
RIG
16.9%
6.5%
SSNC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
RIG
RIG
SSNC
SSNC
Revenue
$1.0B
$1.6B
Net Profit
$25.0M
$226.1M
Gross Margin
42.0%
48.7%
Operating Margin
23.0%
24.2%
Net Margin
2.4%
13.7%
Revenue YoY
9.6%
8.8%
Net Profit YoY
257.1%
6.2%
EPS (diluted)
$0.13
$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.

Revenue
RIG
RIG
SSNC
SSNC
Q1 26
$1.6B
Q4 25
$1.0B
$1.7B
Q3 25
$1.0B
$1.6B
Q2 25
$988.0M
$1.5B
Q1 25
$906.0M
$1.5B
Q4 24
$952.0M
$1.5B
Q3 24
$948.0M
$1.5B
Q2 24
$861.0M
$1.5B
Net Profit
RIG
RIG
SSNC
SSNC
Q1 26
$226.1M
Q4 25
$25.0M
$193.1M
Q3 25
$-1.9B
$210.0M
Q2 25
$-938.0M
$180.8M
Q1 25
$-79.0M
$213.0M
Q4 24
$7.0M
$248.2M
Q3 24
$-494.0M
$164.4M
Q2 24
$-123.0M
$190.3M
Gross Margin
RIG
RIG
SSNC
SSNC
Q1 26
48.7%
Q4 25
42.0%
47.8%
Q3 25
43.2%
47.7%
Q2 25
39.4%
48.0%
Q1 25
31.8%
49.3%
Q4 24
39.2%
49.3%
Q3 24
40.6%
48.0%
Q2 24
38.0%
48.1%
Operating Margin
RIG
RIG
SSNC
SSNC
Q1 26
24.2%
Q4 25
23.0%
22.3%
Q3 25
-163.1%
23.3%
Q2 25
-97.6%
22.4%
Q1 25
7.1%
23.6%
Q4 24
13.7%
23.4%
Q3 24
-51.2%
22.2%
Q2 24
-6.9%
22.6%
Net Margin
RIG
RIG
SSNC
SSNC
Q1 26
13.7%
Q4 25
2.4%
11.7%
Q3 25
-187.1%
13.4%
Q2 25
-94.9%
11.8%
Q1 25
-8.7%
14.1%
Q4 24
0.7%
16.2%
Q3 24
-52.1%
11.2%
Q2 24
-14.3%
13.1%
EPS (diluted)
RIG
RIG
SSNC
SSNC
Q1 26
$0.91
Q4 25
$0.13
$0.76
Q3 25
$-2.00
$0.83
Q2 25
$-1.06
$0.72
Q1 25
$-0.11
$0.84
Q4 24
$-0.14
$0.98
Q3 24
$-0.58
$0.65
Q2 24
$-0.15
$0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RIG
RIG
SSNC
SSNC
Cash + ST InvestmentsLiquidity on hand
$620.0M
$420.9M
Total DebtLower is stronger
$5.2B
$7.4B
Stockholders' EquityBook value
$8.1B
$6.9B
Total Assets
$15.6B
$20.3B
Debt / EquityLower = less leverage
0.64×
1.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RIG
RIG
SSNC
SSNC
Q1 26
$420.9M
Q4 25
$620.0M
$462.1M
Q3 25
$833.0M
$388.3M
Q2 25
$377.0M
$480.3M
Q1 25
$263.0M
$515.0M
Q4 24
$560.0M
$567.1M
Q3 24
$435.0M
$694.7M
Q2 24
$475.0M
$462.7M
Total Debt
RIG
RIG
SSNC
SSNC
Q1 26
$7.4B
Q4 25
$5.2B
Q3 25
$4.8B
Q2 25
$5.9B
Q1 25
$5.9B
Q4 24
$6.2B
Q3 24
$6.5B
Q2 24
$6.8B
Stockholders' Equity
RIG
RIG
SSNC
SSNC
Q1 26
$6.9B
Q4 25
$8.1B
$6.9B
Q3 25
$8.1B
$6.9B
Q2 25
$9.4B
$6.9B
Q1 25
$10.2B
$6.8B
Q4 24
$10.3B
$6.5B
Q3 24
$10.2B
$6.8B
Q2 24
$10.7B
$6.4B
Total Assets
RIG
RIG
SSNC
SSNC
Q1 26
$20.3B
Q4 25
$15.6B
$20.7B
Q3 25
$16.2B
$19.5B
Q2 25
$17.8B
$19.0B
Q1 25
$19.0B
$20.4B
Q4 24
$19.4B
$19.0B
Q3 24
$19.5B
$18.4B
Q2 24
$20.3B
$16.9B
Debt / Equity
RIG
RIG
SSNC
SSNC
Q1 26
1.08×
Q4 25
0.64×
Q3 25
0.60×
Q2 25
0.63×
Q1 25
0.58×
Q4 24
0.60×
Q3 24
0.64×
Q2 24
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RIG
RIG
SSNC
SSNC
Operating Cash FlowLast quarter
$349.0M
$299.7M
Free Cash FlowOCF − Capex
$321.0M
FCF MarginFCF / Revenue
30.8%
Capex IntensityCapex / Revenue
2.7%
0.0%
Cash ConversionOCF / Net Profit
13.96×
1.33×
TTM Free Cash FlowTrailing 4 quarters
$626.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RIG
RIG
SSNC
SSNC
Q1 26
$299.7M
Q4 25
$349.0M
$643.5M
Q3 25
$246.0M
$456.2M
Q2 25
$128.0M
$372.9M
Q1 25
$26.0M
$272.2M
Q4 24
$206.0M
$486.6M
Q3 24
$194.0M
$336.6M
Q2 24
$133.0M
$384.9M
Free Cash Flow
RIG
RIG
SSNC
SSNC
Q1 26
Q4 25
$321.0M
$633.0M
Q3 25
$235.0M
$421.5M
Q2 25
$104.0M
$350.0M
Q1 25
$-34.0M
$259.5M
Q4 24
$177.0M
$466.9M
Q3 24
$136.0M
$310.7M
Q2 24
$49.0M
$374.9M
FCF Margin
RIG
RIG
SSNC
SSNC
Q1 26
Q4 25
30.8%
38.3%
Q3 25
22.9%
26.9%
Q2 25
10.5%
22.8%
Q1 25
-3.8%
17.1%
Q4 24
18.6%
30.5%
Q3 24
14.3%
21.2%
Q2 24
5.7%
25.8%
Capex Intensity
RIG
RIG
SSNC
SSNC
Q1 26
0.0%
Q4 25
2.7%
0.6%
Q3 25
1.1%
2.2%
Q2 25
2.4%
1.5%
Q1 25
6.6%
0.8%
Q4 24
3.0%
1.3%
Q3 24
6.1%
1.8%
Q2 24
9.8%
0.7%
Cash Conversion
RIG
RIG
SSNC
SSNC
Q1 26
1.33×
Q4 25
13.96×
3.33×
Q3 25
2.17×
Q2 25
2.06×
Q1 25
1.28×
Q4 24
29.43×
1.96×
Q3 24
2.05×
Q2 24
2.02×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RIG
RIG

Ultra Deepwater Floaters$433.0M42%
BR$236.0M23%
Other Geographical$211.0M20%
Harsh Environment Floaters$163.0M16%

SSNC
SSNC

Technology-enabled services$1.4B85%
License, maintenance and related$239.8M15%

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