SS&C Technologies Holdings Inc Segments Disclosure
Note 19—Segment and Geographic Information
We operate in one operating segment and one reportable segment. Our CODM is our president and chief operating officer, who reviews financial information presented on a consolidated basis. Our CODM uses consolidated net income as the sole measure of segment profit or loss and to decide how to make resource allocation decisions. Significant segment expenses include cost of software-enabled services revenue cost of license, maintenance and related revenues, selling and marketing, research and development, and general and administrative expenses. For these significant and other segment expenses incurred during the years ended December 31, 2025, 2024 and 2023, refer to our Statements of Comprehensive Income.
Our geographic regions consist of the (a) Americas, (b) Europe, Middle East and Africa and (c) Asia Pacific.
Long-lived assets, primarily consisting of property, plant and equipment, net, were as follows as of December 31 (in millions):
|
|
2025 |
|
|
2024 |
|
|
2023 |
|
|||
Americas |
|
$ |
191.3 |
|
|
$ |
222.4 |
|
|
$ |
244.0 |
|
Europe, Middle East and Africa |
|
|
83.2 |
|
|
|
67.1 |
|
|
|
63.9 |
|
Asia-Pacific |
|
|
20.8 |
|
|
|
18.2 |
|
|
|
15.0 |
|
Total |
|
$ |
295.3 |
|
|
$ |
307.7 |
|
|
$ |
322.9 |
|
Long-lived assets in the United States totaled $185.5 million, $214.9 million and $236.4 million for the years ended December 31, 2025, 2024 and 2023, respectively.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2024 | Mar 3, 2025 | |
| 2023 | Feb 28, 2024 | |
| 2022 | Feb 28, 2023 | |
| 2021 | Feb 25, 2022 | |
| 2020 | Feb 25, 2021 | |
| 2019 | Feb 28, 2020 | |
| 2018 | Mar 1, 2019 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.