Broadridge Financial Solutions, Inc. · NYSE:BR
Broadridge Financial Solutions — Q2 2026 Earnings Presentation
31 slides from Broadridge Financial Solutions's earnings presentation, Feb 3, 2026
Slide 1: Powering and transforming financial markets
Powering and transforming financial markets Earnings Conference Call Fiscal Second Quarter 2026 February 3, 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation and other written or oral statements made from time to time by representatives of Broadridge Financial Solutions, Inc. ("Broadridge" or the "Company") contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act
Slide 3: Use of Non-GAAP financial measures, KPIs and foreign exchange rates
Use of Non-GAAP financial measures, KPIs and foreign exchange rates Use of Non-GAAP Financial Measures This presentation includes certain Non-GAAP financial measures including Adjusted Operating income, Adjusted Operating income margin, Adjusted Net earnings, Adjusted earnings per share (“EPS”), Fre
Slide 4: Key messages
Key messages Broadridge delivered strong second quarter results, including 8% Recurring revenue growth 1 constant currency and Adjusted EPS of $1.59 Broadridge continues to execute on its strategy to democratize and digitize investing, simplify and 2 innovate trading, and modernize wealth management
Slide 5: Broadridge is executing across Governance, Capital Markets, and Wealth & Investment Management
Broadridge is executing across Governance, Capital Markets, and Wealth & Investment Management Governance Q2’26 Highlights • ICS growth continues to be propelled by healthy position growth and strong demand for shareholder $590M engagement solutions across both institutional and retail voting +9% Yo
Slide 6: Broadridge is delivering today and tomorrow
Broadridge is delivering today and tomorrow Broadridge is delivering today, with strong second quarter results and an outlook for another 1 strong year of Recurring revenue growth constant currency at the higher end of 5-7% and Adjusted EPS growth of 9-12% 2 We are putting in place the building bloc
Slide 7: Summary financial results
Summary financial results SECOND QUARTER $ in millions, except per share data 2026 2025 Inc./(Dec.) Recurring revenues $1,070 $980 9% Constant currency growth (Non-GAAP) 8% Total revenues 1,714 1,589 8% Operating income 206 211 (2%) Adjusted Operating income (Non-GAAP) 265 263 1% Adjusted Operating
Slide 8: Second quarter 2026 segment Recurring revenues
Second quarter 2026 segment Recurring revenues $ in millions; growth in constant currency ICS RECURRING REVENUES GTO RECURRING REVENUES +9% +8% $590 $481 $249 18% Regulatory 6% Capital $301 Markets Data-Driven $113 (2%) Fund Solutions Issuer $39 8% Customer Wealth & $189 5% Investment $180 11% Comms
Slide 9: Key volume drivers: position and trade growth
Key volume drivers: position and trade growth EQUITY & MUTUAL FUND/ETF POSITION GROWTH FY’24 FY’25 FY’26 10Y YTD Avg. Equity 1,3 6% 16% 15% 11% Equity Revenue 2,3 N/A 12% 10% N/A 3 18% MF / ETF 3% 7% 8% 7% 17% 15% Internal Trade 4 13% 13% 14% 8% 14% Growth 11% 12% 11% 15% 7% 7% 7% 11% 6% 6% 6% 5% 5%
Slide 10: Second quarter 2026 Recurring revenue growth drivers
Second quarter 2026 Recurring revenue growth drivers $ in millions. Pts contribution to growth RECURRING REVENUE GROWTH CONSTANT CURRENCY WAS 8% Organic Growth: 7 pts 2 pts 8% 1 pt 9% 5 pts 4 pts (2) pts $1,070 $980 Q2'25 Recurring Closed Sales Client Losses Internal Growth Acquisitions Q2'26 Rec. R
Slide 11: Second quarter 2026 Total revenue growth drivers
Second quarter 2026 Total revenue growth drivers $ in millions. Pts contribution to growth SECOND QUARTER 2026 TOTAL REVENUE GROWTH DRIVERS 4 pts 0 pts 8% 5 pts (2 pts) $1,714 $1,589 Q2'25 Total Revenues Recurring Event-Driven Distribution FX Q2'26 Total Revenues QUARTERLY EVENT-DRIVEN REVENUES $125
Slide 12: Operating income margin and Adjusted Operating income margin
Operating income margin and Adjusted Operating income margin Q2’26 OPERATING INCOME FISCAL YEAR OPERATING INCOME OPERATING 13.3% 12.0% 13.6% 13.3% 15.4% 15.6% 17.3% INCOME MARGIN 16.6% 20.5% 20% – 20.0% +50 21% 15.5% 19.8% bps +20 +110 ADJUSTED bps OPERATING bps INCOME 18.7% MARGIN +60 (NON- 18.1% G
Slide 13: Earnings per share and Adjusted earnings per share
Earnings per share and Adjusted earnings per share Q2’26 EARNINGS PER SHARE FISCAL YEAR EARNINGS PER SHARE EARNINGS $1.20 $2.42 $4.65 $4.55 $5.30 $5.86 $7.10 PER SHARE $1.56 $1.59 9% – $8.55 12% $7.73 +11% $7.01 +10% $6.46 ADJUSTED +9% EARNINGS $5.66 +14% PER SHARE +13% (NON- GAAP) Q2'25 Q2'26 FY'21
Slide 14: Closed sales
Closed sales $ in millions CLOSED SALES $103 $342 $89 $290 – $330 $288 $280 $246 $231 H1'25 H1'26 FY'21 FY'22 FY'23 FY'24 FY'25 FY'26 Guidance 13
Slide 15: Free cash flow
Free cash flow $ in millions YTD’26 FREE CASH FLOW1 FISCAL YEAR FREE CASH FLOW CONVERSION 1,2 104% 100%+ 102% 90% $319 84% 48% $56 YTD'25 YTD'26 FY'21 FY'22 FY'23 FY'24 FY'25 FY'26 (E) 1. Information about our use of Non-GAAP measures and reconciliations to GAAP measures may be found on slides 21 –
Slide 16: Capital allocation
Capital allocation $ in millions, except per share data SELECT USES OF CAPITAL YTD’26 TOTAL CAPITAL RETURNS4 1/5/26 Acquisition of Acolin YTD Net Share Repurchases $781 YTD Dividends Paid CapEx $49 and Software1 $475 Client Platform Investments 2 $17 $312 $248 $253 $134 M&A $126 $217 Digital Asset $
Slide 17: Fiscal Year 2026 guidance
Fiscal Year 2026 guidance FY’26 GUIDANCE UPDATES Recurring revenue growth constant currency Higher end of No Change (Non-GAAP) 5 – 7% Adjusted Operating income margin 20 – 21% No Change (Non-GAAP) Adjusted earnings per share growth Previously 9 – 12% (Non-GAAP) 8 – 12% Closed sales $290 – $330M No C
Slide 18: Appendix
Appendix Broadridge:
Slide 19: Supplemental reporting detail - product line reporting
Supplemental reporting detail ‒ product line reporting (Unaudited) 2024 2025 2026 YoY % Dollars in millions FY Q1 Q2 Q3 Q4 FY Q1 Q2 Growth Investor Communication Solutions ("ICS") Regulatory $1,196 $190 $210 $365 $515 $1,281 $197 $249 18% Data-driven fund solutions 435 108 114 115 122 459 111 113 (2
Slide 20: FY'24 - FY'26 long-term growth objectives
FY’24 – FY’26 long-term growth objectives FY’24 – FY’26 (CAGR) Organic Recurring revenue growth 5-8% Recurring revenue growth constant currency 7-9% (Non-GAAP) Adjusted Operating income margin expansion (bps/year) 50+ (Non-GAAP) Adjusted earnings per share growth 8-12% (Non-GAAP) Note: AOI margin ex
Slide 21: Explanation of Non-GAAP measures and reconciliation of GAAP to Non-GAAP measures
Explanation of Non-GAAP measures and reconciliation of GAAP to Non- GAAP measures
Slide 22: Non-GAAP measures
Non-GAAP measures Explanation and Reconciliation of the Company’s Use of Non-GAAP Financial Measures The Company’s results in this presentation are presented in accordance with U.S. generally accepted accounting principles ("GAAP") except where otherwise noted. In certain circumstances, results have
Slide 23: Non-GAAP measures
Non-GAAP measures We exclude Acquisition and Integration Costs, Restructuring and Other Related Costs, Gains or Losses on Digital Assets, Litigation Settlement Charges, Russia-Related Exit Costs, Real Estate Realignment and Covid- 19 Related Expenses, Investment Gains, the Software Charge, and Gain
Slide 24: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Three Months Ended December 31, 2025 Data-Driven Fund Investor Communication Solutions Regulatory Issuer Customer Comms. Total Solutions Recurring revenue growth (GAAP) 18% (2)% 8% 6% 9% Impact of foreign currency exchange 0% 0% 0% 0% 0% Recurr
Slide 25: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Six Months Ended December 31, 2025 Data-Driven Fund Investor Communication Solutions Regulatory Issuer Customer Comms. Total Solutions Recurring revenue growth (GAAP) 11% 1% 7% 7% 7% Impact of foreign currency exchange 0% (1)% 0% 0% 0% Recurrin
Slide 26: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Fiscal Year Ended June 30, 2025 Consolidated Total Recurring revenue growth (GAAP) 7% Impact of foreign currency exchange 0% Recurring revenue growth constant currency (Non-GAAP) 7% Fiscal Year Ended June 30, 2024 Consolidated Total Recurring r
Slide 27: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Three Months Ended Six Months Ended Fiscal Year Ended June 30, December 31, December 31, Dollars in millions 2025 2024 2025 2024 2025 2024 2023 2022 2021 Operating income (GAAP) $206.0 $210.7 $394.8 $345.1 $1,188.6 $1,017.1 $936.4 $759.9 $678.7
Slide 28: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Six Months Ended December 31, Fiscal Year Ended June 30, Dollars in millions 2025 2024 2025 2024 2023 2022 2021 Net cash flows from operating activities (GAAP) $ 367.1 $ 111.2 $1,171.3 $1,056.2 $823.3 $443.5 $640.1 Capital expenditures and Soft
Slide 29: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Three Months Ended December 31, Six Months Ended December 31, Dollars in millions, except per share amounts 2025 2024 2025 2024 Diluted earnings per share (GAAP) $2.42 $1.20 $3.82 $1.88 Adjustments: Amortization of Acquired Intangibles and Purc
Slide 30: Reconciliation of GAAP to Non-GAAP measures: Fiscal year 2026 guidance
Reconciliation of GAAP to Non-GAAP measures: Fiscal year 2026 guidance (Unaudited) Fiscal Year 2026 FY26 Recurring revenue growth Impact of foreign currency exchange (a) (1%) - 0% Recurring revenue growth constant currency (Non-GAAP) 5 - 7% FY26 Adjusted Operating income margin (b) Operating income
Slide 31: Broadridge Fiscal Second Quarter 2026 Earnings Conference Call
Broadridge Fiscal Second Quarter 2026 Earnings Conference Call Contacts Replay Options W. Edings Thibault Online replay available at broadridge-ir.com broadridgeir@broadridge.com Telephone replay available through February 10, 2026 Domestic Dial-In: 1-855-669-9658 Live Call Information Date: Februar
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