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SS&C Technologies SSNC Goodwill impairment

Goodwill impairment at other companies

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ScansourceSCSC
$0
StepStone Group Inc. logo
StepStone Group Inc.STEP
$0

Other financials

Income statement

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Revenue$1.7B+10.3%
Gross profit$818.3M+11.0%
Operating income$417.1M+21.1%
Net income$234.8M+29.9%
EPS (diluted)$0.97+34.7%

Balance sheet

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Cash & equivalents$434.8M-9.5%
Total debt$7.8B+10.8%
Total equity$6.6B-4.2%
Total assets$20.6B+8.6%

Cash flow

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Operating cash flow$416.7M+11.7%
CapEx$13.3M-41.9%
Free cash flow$403.4M+15.3%

Valuation

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Market cap$18.73B-11.0%
Enterprise value$26.08B-5.4%
P/E21.7×-4.4×
P/S2.9×-0.6×

Profitability

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Gross margin48.1%-0.6pp
Operating margin23.6%+0.7pp
Net margin13.2%-0.2pp
FCF margin26.7%+3.7pp

Returns & leverage

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Return on equity12.7%+0.7pp
Debt / equity1.2×+0.2×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by SS&C Technologies in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: SS&C Technologies’s 10-K, filed February 26, 2026.

Filed
Feb 25, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001193125-26-076745

We test goodwill annually for impairment as of December 31st (and in interim periods if certain events occur or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount). We have completed the required impairment tests for goodwill and have determined that no impairment existed as of December 31, 2025 or 2024. As of December 31, 2025 and 2024, we have two reporting units, one is our health business and the other includes the rest of our operations. Our impairment analysis indicated that the fair value significantly exceeded the carrying value of each of our reporting units as of December 31, 2025 and 2024. We measure the fair value of our reporting units utilizing the income approach. Significant judgment is required to determine appropriate revenue growth rates and to estimate the fair value of our reporting units. There were no other indefinite-lived intangible assets as of December 31, 2025 or 2024.

Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is SS&C Technologies's goodwill impairment?
SS&C Technologies (SSNC) reported goodwill impairment of $0 in Q4 2025.
What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

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