# SS&C Narrows 2026 Adjusted Revenue Outlook, Targets 41% Margin

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/39138
Published: 2026-10-23T16:52:35.000Z
Updated: 2026-10-23T16:52:35.000Z
Section: Business

> The updated range has a $6.756 billion midpoint, $4 million above the previous forecast. Third-quarter adjusted consolidated EBITDA margin was 39.9%.

SS&C Technologies Holdings, Inc. set a tighter 2026 adjusted revenue range, lifting its midpoint by $4 million, while its finance chief outlined an exit-year EBITDA margin target of 41%.

The company now expects adjusted revenue of $6.736 billion to $6.776 billion. The range’s $6.756 billion midpoint is up from $6.752 billion in July. Its width fell to $40 million from $160 million. Adjusted revenue is a non-GAAP measure, and SS&C did not provide a comparable full-year GAAP revenue forecast.

On an Oct. 22 earnings call, Chief Financial Officer Brian Schell said the company was targeting a 41% EBITDA margin as it exited 2026. He also outlined targets for 10% EBITDA growth and 90 basis points of margin expansion for the year. The 41% figure is an exit-rate target, not a forecast for the full-year average margin.

For the quarter ended Sept. 30, adjusted revenue rose 7.8% year over year to $1.691 billion. Adjusted consolidated EBITDA increased 9% to $674.8 million, and its margin reached 39.9%, up 40 basis points from a year earlier. Adjusted organic revenue growth was 5.2%, compared with 7.6% in the second quarter.

GAAP net income fell 5.3% to $198.9 million, while diluted earnings per share held at 83 cents. Adjusted diluted earnings per share rose 14.8% to $1.78. For 2026, SS&C forecast adjusted diluted earnings per share of $7.11 to $7.17.

SS&C did not provide GAAP reconciliations for its adjusted revenue or adjusted net income outlooks, citing forecast inputs that are difficult to predict. The company provides investment, financial and healthcare technology and technology-enabled services. Chairman and CEO Bill Stone cited agentic AI and tokenization as emerging technologies SS&C is harnessing. He gave no tokenization-specific revenue, customer or deployment figures.