| Metric | Value ($ M) | Q1 FY26 |
|---|---|---|
| Revenue | 1.7K | 5.0% |
| Total Income | 1.7K | 5.0% |
| Expenditure | 1.5K | 6.8% |
| PBT | — | |
| Net Profit | 94.80 | 42.7% |
| OPM | 10.40% | 1.48pp |
| NPM | 5.68% | 4.73pp |
| EPS | 0.83 | 41.1% |
Broadridge Reports Q1 FY27 Results: Recurring Revenue Up 11%, Adjusted EPS Up 3%
03 Nov 2026 · 3 Nov, 6:46 pm
Summary
Broadridge Financial Solutions, Inc. announced its first quarter fiscal year 2027 results, with recurring revenues growing 11% to $1,083 million and total revenues up 5% to $1,669 million. While diluted EPS saw a significant decrease, Adjusted EPS increased by 3% to $1.56, and closed sales rose 10% to $36 million. The company is reaffirming its full-year fiscal 2027 guidance for recurring revenue growth and adjusted EPS growth, indicating confidence in its strategic execution.
Key Highlights
- 1
Broadridge reported recurring revenues grew 11% on a reported and constant currency basis to $1,083 million for the first quarter of fiscal year 2027.
- 2
Total revenues increased 5% to $1,669 million for the first quarter of fiscal year 2027 compared to the prior year period.
- 3
Diluted EPS decreased 41% to $0.83, while Adjusted EPS grew 3% to $1.56 for the first quarter of fiscal year 2027.
- 4
Closed sales grew 10% to $36 million in the first quarter of fiscal year 2027.
- 5
The company is reaffirming its fiscal year 2027 guidance, including 6-8% Recurring revenue growth constant currency and 8-12% Adjusted EPS growth.
- 6
Operating income decreased by 8% to $174 million, with the margin falling to 10.4% from 11.9% in the prior year period.
- 7
Adjusted Operating income decreased by 9% to $230 million, with the margin at 13.8% compared to 15.8% in the prior year period.
Management Comments
Tim Gokey
Broadridge is driving digital engagement, scaling agentic AI, and accelerating tokenization while delivering strong financial results. Fiscal first quarter Recurring revenue grew 11% constant currency, including 9% Organic growth, and Closed sales rose 10% to $36 million. Adjusted EPS increased 3% to $1.56. We continued to be buyers of Broadridge shares, repurchasing $200 million in the quarter while returning an additional $111 million to shareholders via our dividend. With a strong start to the year, we are reaffirming our fiscal year 2027 guidance, including 6-8% Recurring revenue growth constant currency, 8-12% Adjusted EPS growth, Free cash flow conversion of 100%+ and strong Closed sales of $290-$330 million.
Informational and educational content only. Not investment advice.