BROADRIDGE FINANCIAL SOLUTIONS, INC. Q1 FY26 Results
BRQ1 FY26 ResultsAnnounced Nov 4, 2025, 07:00 AM| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.6K | 11.7% |
| Total Income | 1.6K | 11.7% |
| Expenditure | 1.4K | 8.7% |
| PBT | — | |
| Net Profit | 165.40 | 107.3% |
| OPM | 11.88% | 2.43pp |
| NPM | 10.41% | 4.80pp |
| EPS | 1.41 | 107.3% |
Broadridge Reports Q1 FY26: Recurring Revenues Up 9%, Adjusted EPS Rises 51%
04 May 2026 · 4 May, 8:07 am
Summary
Broadridge Financial Solutions reported strong first-quarter results for fiscal year 2026, with recurring revenues up 9% to $977 million and total revenues increasing by 12% to $1,589 million. Adjusted earnings per share rose by 51% to $1.51. The company is raising its outlook for fiscal year 2026 recurring revenue growth to the higher end of the 5-7% guidance range and reaffirming its guidance for continued margin expansion and adjusted EPS growth of 8-12%. CEO Tim Gokey stated that Broadridge continues to execute its strategy of democratizing and digitizing governance, simplifying and innovating capital markets, and modernizing wealth management.
Key Highlights
- 1
Broadridge's recurring revenues increased by 9% to $977 million in the first quarter of fiscal year 2026.
- 2
Constant currency growth for recurring revenues was 8% in Q1 FY26, driven by organic growth and acquisitions in ICS and GTO.
- 3
Operating income increased by 40% to $189 million, with the operating income margin rising to 11.9%.
- 4
Adjusted earnings per share increased by 51% to $1.51, compared to $1.00 in the prior year period.
- 5
Total revenues increased by 12% to $1,589 million from $1,423 million.
- 6
The company is raising its outlook for FY'26 recurring revenue growth constant currency to the higher end of the 5-7% guidance.
- 7
Broadridge reaffirms FY'26 guidance, including Adjusted EPS growth of 8-12% and Closed sales of $290-$330 million.
Management Comments
Tim Gokey
"Broadridge delivered strong first quarter results, including 8% Recurring revenue growth constant currency, near-record event-driven revenue, and 51% Adjusted EPS growth." "We continue to execute on our strategy of democratizing and digitizing governance, simplifying and innovating capital markets, and modernizing wealth management." "We are also deploying our capital to drive long-term growth. During the quarter, we made two tuck-in acquisitions to strengthen our governance business and repurchased $150 million of our shares." "With a strong start to fiscal 2026, we now expect Fiscal Year 2026 Recurring revenue growth at the higher end of our 5-7% guidance range, and are reaffirming our guidance for continued margin expansion, 8-12% Adjusted EPS growth, and strong Closed sales of $290-$330 million."
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