| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.7K | 7.8% | 7.8% |
| Total Income | 1.7K | 7.8% | 7.8% |
| Expenditure | 1.5K | 7.7% | 9.4% |
| PBT | — | ||
| Net Profit | 284.60 | 72.1% | 99.9% |
| OPM | 12.02% | 0.14pp | 1.24pp |
| NPM | 16.61% | 6.20pp | 7.65pp |
| EPS | 2.44 | 73.0% | 100.0% |
Broadridge Reports Q2 FY2026: Recurring Revenues Up 9%, EPS $2.42
04 May 2026 · 4 May, 1:32 am
Summary
Broadridge Financial Solutions reported an 8% increase in total revenues, reaching $1,714 million for the second quarter of fiscal year 2026. Recurring revenues grew by 9% to $1,070 million, with constant currency growth at 8%. Diluted EPS saw a significant increase of 102% to $2.42, while Adjusted EPS rose by 2% to $1.59. The company is increasing its Adjusted EPS growth guidance to 9–12% for fiscal year 2026 and reaffirming its outlook for recurring revenue growth.
Key Highlights
- 1
Broadridge's recurring revenues increased by 9% to $1,070 million in the second quarter of fiscal year 2026.
- 2
Constant currency growth for recurring revenues was 8% in Q2 FY26.
- 3
Diluted earnings per share (EPS) increased by 102% to $2.42 for the quarter.
- 4
Adjusted EPS rose by 2% to $1.59 in the second quarter of fiscal year 2026.
- 5
Total revenues increased by 8% to $1,714 million compared to the prior year period.
- 6
The company is raising its Adjusted EPS growth guidance to 9–12% for fiscal year 2026.
- 7
Closed sales increased 24% to $57 million for the second quarter.
Management Comments
Tim Gokey
Broadridge’s strong second quarter results highlight our ability to drive innovation at scale, delivering 8% Recurring revenue growth constant currency and Adjusted EPS of $1.59. Our results reflect strong organic growth of 7%, including strength in investor participation, and elevated levels of event-driven activity. We are executing on our growth strategy to democratize and digitize investing, simplify and innovate trading, and modernize wealth management. Our strong results are enabling us to deliver increased bottom-line growth while funding key initiatives around tokenization, shareholder engagement, and digital communications. We are increasing our Adjusted EPS growth guidance to 9–12% and reaffirming our outlook for Recurring revenue growth constant currency at the higher end of 5–7%, continued margin expansion, and Closed sales of $290–$330 million.
Informational and educational content only. Not investment advice.