| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 2.0K | 14.0% | 7.8% |
| Total Income | 2.0K | 14.0% | 7.8% |
| Expenditure | 1.6K | 5.7% | 8.7% |
| PBT | — | ||
| Net Profit | 276.30 | 2.9% | 13.7% |
| OPM | 18.40% | 6.38pp | 0.63pp |
| NPM | 14.14% | 2.46pp | 0.73pp |
| EPS | 2.38 | 2.5% | 15.0% |
Broadridge Reports Q3 FY26 Results: Recurring Revenue Up 7%, Diluted EPS Up 15%
30 Apr 2026 · 30 Apr, 5:39 pm
Summary
Broadridge Financial Solutions delivered strong third quarter fiscal year 2026 results, with recurring revenues growing 7% to $1,288 million and total revenues increasing 8% to $1,954 million. Diluted EPS rose 15% to $2.36, and Adjusted EPS grew 11% to $2.72, driven by strong equity and fund position growth and higher trading volumes. The company's operating income for the quarter was $359 million, reflecting an 18.4% margin. Management expressed confidence in future performance by raising its fiscal 2026 outlook for recurring revenue growth constant currency to 'At or above 7%' and Adjusted EPS growth to '10-12%'.
Key Highlights
- 1
Broadridge Financial Solutions reported a 7% increase in recurring revenues, reaching $1,288 million, or 6% on a constant currency basis, for the third quarter of fiscal year 2026.
- 2
Total revenues for Q3 FY26 grew by 8% to $1,954 million compared to the same period last year.
- 3
Diluted earnings per share (EPS) for the third quarter rose 15% to $2.36, while Adjusted EPS increased 11% to $2.72.
- 4
Operating income for the quarter was $359 million, up 4%, with an operating income margin of 18.4%.
- 5
The company raised its fiscal year 2026 guidance for Recurring revenue growth constant currency to 'At or above 7%' and Adjusted EPS growth to '10-12%'.
- 6
Broadridge completed the acquisition of CQG, Inc. for approximately $173 million on April 30, 2026, enhancing its Global Technology and Operations (GTO) segment.
Management Comments
Tim Gokey
Broadridge delivered strong third quarter results, including 6% Recurring revenue growth constant currency and 11% Adjusted EPS growth, powered by strong equity and fund position growth and higher trading volumes.
Tim Gokey
We are executing on our strategy to democratize and digitize governance, simplify and innovate trading in capital markets, and modernize wealth management. At the same time, we are putting in place the building blocks of future growth by leading in tokenization, driving the digitization of communications, and scaling AI.
Tim Gokey
Broadridge is on track to deliver another year of strong financial performance. We are raising our fiscal 2026 outlook for Recurring revenue growth constant currency to At or above 7% and increasing our Adjusted EPS growth guidance to 10% to 12%. As a result, we are set to deliver on our long-term targets for top- and bottom-line growth for the three-year period ending in fiscal 2026.
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