Broadridge Financial Solutions, Inc. · NYSE:BR
Broadridge Financial Solutions — Q1 2026 Earnings Presentation
30 slides from Broadridge Financial Solutions's earnings presentation, Nov 14, 2025
Slide 1: Powering and transforming financial markets
Powering and transforming financial markets Earnings Conference Call Fiscal First Quarter 2026 November 4, 2025
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 Q1’26 results, including 8% Recurring revenue growth constant 1 currency, near-record event-driven revenues, and 51% Adjusted EPS growth Broadridge is executing its strategy of democratizing and digitizing governance, simplifying and 2 innovating capital mark
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 Q1’26 Highlights • ICS growth continues to be propelled by revenue from sales and continued healthy position growth $518M • Strong demand for shareholder engagement +5% YoY solutions is driving
Slide 6: Broadridge remains well-positioned for long-term growth
Broadridge remains well-positioned for long-term growth Broadridge delivered strong first quarter financial results 1 We are on track to deliver strong fiscal year 2026 results, and have raised our Recurring revenue 2 growth constant currency to the higher end of our 5-7% range and reaffirmed our gu
Slide 7: Summary financial results
Summary financial results FIRST QUARTER $ in millions, except per share data 2026 2025 Inc./(Dec.) Recurring revenues $977 $900 9% Constant currency growth (Non-GAAP) 8% Total revenues 1,589 1,423 12% Operating income 189 134 40% Adjusted Operating income (Non-GAAP) 251 185 36% Adjusted Operating in
Slide 8: First quarter 2026 segment Recurring revenues
First quarter 2026 segment Recurring revenues $ in millions; growth in constant currency ICS RECURRING REVENUES GTO RECURRING REVENUES +5% +12% $518 $459 $197 4% Regulatory $281 6% Capital Markets Data-Driven $111 2% Fund Solutions Issuer $33 6% Customer Wealth & $177 8% Investment $179 22% Comms. M
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 10Y Avg. Equity 1,3 6% 16% 11% Equity Revenue 2,3 N/A 12% N/A MF / ETF 3 3% 7% 7% 18% Internal Trade 13% 13% 8% 15% Growth 4 14% 11% 11% 12% 8% 7% 7% 7% 6% 6% 6% 5% 5% 5% 6% 2% 3% 3% (1%) Q1'24 Q2'24 Q
Slide 10: First quarter 2026 Recurring revenue growth drivers
First quarter 2026 Recurring revenue growth drivers $ in millions. Pts contribution to growth RECURRING REVENUE GROWTH CONSTANT CURRENCY WAS 8% Organic Growth: 5 pts 3 pts 8% 1 pt 9% 5 pts 2 pts (2) pts $977 $900 Q1'25 Recurring Closed Sales Client Losses Internal Growth Acquisitions Q1'26 Rec. Rev.
Slide 11: First quarter 2026 Total revenue growth drivers
First quarter 2026 Total revenue growth drivers $ in millions. Pts contribution to growth FIRST QUARTER 2026 TOTAL REVENUE GROWTH DRIVERS 3 pts 0 pts 12% 5 pts 4 pts $1,589 $1,423 Q1'25 Total Revenues Recurring Event-Driven Distribution FX Q1'26 Total Revenues QUARTERLY EVENT-DRIVEN REVENUES $125 $1
Slide 12: Operating income margin and Adjusted Operating income margin
Operating income margin and Adjusted Operating income margin Q1’26 OPERATING INCOME FISCAL YEAR OPERATING INCOME OPERATING 9.4% 11.9% 13.6% 13.3% 15.4% 15.6% 17.3% INCOME MARGIN 20.5% 20% – 15.8% 20.0% +50 21% 19.8% bps +20 +110 ADJUSTED bps OPERATING bps 18.7% INCOME 13.0% MARGIN +60 (NON- 18.1% GA
Slide 13: Earnings per share and Adjusted earnings per share
Earnings per share and Adjusted earnings per share Q1’26 EARNINGS PER SHARE FISCAL YEAR EARNINGS PER SHARE EARNINGS $0.68 $1.40 $4.65 $4.55 $5.30 $5.86 $7.10 PER SHARE 8% – $1.51 $8.55 12% $7.73 +11% $7.01 +10% $6.46 ADJUSTED +9% EARNINGS $1.00 $5.66 +14% PER SHARE +13% (NON- GAAP) Q1'25 Q1'26 FY'21
Slide 14: Closed sales
Closed sales $ in millions CLOSED SALES $342 $290 – $330 $288 $280 $57 $246 $33 $231 Q1'25 Q1'26 FY'21 FY'22 FY'23 FY'24 FY'25 FY'26 Guidance 13
Slide 15: Free cash flow
Free cash flow $ in millions Q1’26 FREE CASH FLOW 1 FISCAL YEAR FREE CASH FLOW CONVERSION 2 $13 104% 100%+ 102% 90% 84% 48% ($158) Q1'25 Q1'26 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 – 28
Slide 16: Capital allocation
Capital allocation $ in millions, except per share data SELECT USES OF CASH Q1’26 TOTAL CAPITAL RETURNS4 YTD Net Share Repurchases $781 YTD Dividends Paid CapEx and Software1 $30 $475 Client Platform $312 Investments 2 $7 $248 $253 $134 $103 M&A 3 $56 FY'21 FY'22 FY'23 FY'24 FY'25 FY'26 (E) 6 DIVIDE
Slide 17: Fiscal Year 2026 guidance
Fiscal Year 2026 guidance FY’26 GUIDANCE UPDATES Recurring revenue growth constant currency 5 – 7% Higher end (Non-GAAP) Adjusted Operating income margin 20 – 21% No Change (Non-GAAP) Adjusted earnings per share growth 8 – 12% No Change (Non-GAAP) Closed sales $290 – $330M No Change 16
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 Growth Investor Communication Solutions ("ICS") Regulatory $1,196 $190 $210 $365 $515 $1,281 $197 4% Data-driven fund solutions 435 108 114 115 122 459 111 3% Issuer 260 3
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, Unrealized 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,
Slide 24: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Three Months Ended September 30, 2025 Data-Driven Fund Investor Communication Solutions Regulatory Issuer Customer Comms. Total Solutions Recurring revenue growth (GAAP) 4% 3% 6% 8% 5% Impact of foreign currency exchange 0% (1)% 0% 0% 0% Recurr
Slide 25: 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 26: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Three Months Ended Fiscal Year Ended June 30, September 30, Dollars in millions 2025 2024 2025 2024 2023 2022 2021 Operating income (GAAP) $188.8 $134.4 $1,188.6 $1,017.1 $936.4 $759.9 $678.7 Adjustments: Amortization of Acquired Intangibles an
Slide 27: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Three Months Ended September 30, Fiscal Year Ended June 30, Dollars in millions 2025 2024 2025 2024 2023 2022 2021 Net cash flows from operating activities (GAAP) $ 42.3 $ (125.5) $1,171.3 $1,056.2 $823.3 $443.5 $640.1 Capital expenditures and
Slide 28: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Three Months Ended September 30, Dollars in millions, except per share amounts 2025 2024 Diluted earnings per share (GAAP) $1.40 $0.68 Adjustments: Amortization of Acquired Intangibles and Purchased Intellectual Property 0.43 0.41 Acquisition a
Slide 29: 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) (0.5%) - 0% Recurring revenue growth constant currency (Non-GAAP) 5 - 7% FY26 Adjusted Operating income margin (b) Operating incom
Slide 30: Broadridge Fiscal First Quarter 2026 Earnings Conference Call
Broadridge Fiscal First Quarter 2026 Earnings Conference Call Contacts Replay Options W. Edings Thibault Online replay available at broadridge-ir.com Sean Silva Telephone replay available through November 11, 2025 broadridgeir@broadridge.com Domestic Dial-In: 1-855-669-9658 Live Call Information Dat
Broadridge Financial Solutions — Q1 2026 Earnings Presentation on 6ix