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SS&C Technologies SSNC Provision for Credit Losses

Provision for Credit Losses at other companies

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ScansourceSCSC
$3.65M-14.0%
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Northern TrustNTRS

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$18.58B-11.7%
Enterprise value$25.92B-6.0%
P/E21.5×-4.6×
P/S2.8×-0.7×

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:ProvisionForDoubtfulAccounts.

The source filing: SS&C Technologies’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:07 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-197201
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Amortization of debt financing costs1.91.7
Loss on extinguishment of debt0.40.9
Deferred income taxes(6.6)(24.6)
Provision for credit losses5.75.3
Changes in operating assets and liabilities, excluding effects from acquisitions:
Accounts receivable(50.6)(33.2)
Prepaid expenses and other assets(40.8)(4.6)
Contract assets3.5(14.1)

Item 1. Financial Statements

FAQ

What is SS&C Technologies's provision for credit losses?
SS&C Technologies (SSNC) reported provision for credit losses of $5.7M in Q1 2026.
How has SS&C Technologies's provision for credit losses changed year-over-year?
SS&C Technologies's provision for credit losses increased by 7.5% year-over-year, from $5.3M to $5.7M.
What is the long-term trend for SS&C Technologies's provision for credit losses?
Over 4 years (2021 to 2025), SS&C Technologies's provision for credit losses has grown at a 22.7% compound annual growth rate (CAGR), from $8.2M to $18.6M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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