Broadridge Financial Solutions, Inc. · NYSE:BR
Broadridge Financial Solutions — Q3 2026 Earnings Presentation
31 slides from Broadridge Financial Solutions's earnings presentation, Apr 30, 2026
Slide 1: Powering and transforming financial markets
Powering and transforming financial markets Earnings Conference Call Fiscal Third Quarter 2026 April 30, 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 third quarter results, including 6% Recurring revenue growth constant 1 currency, and Adjusted EPS growth of 11% Broadridge continues to execute on its strategy to democratize and digitize governance, simplify 2 and innovate capital markets, and modernize wea
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 Q3’26 Highlights • ICS growth is being powered by strong investor participation trends, including 15% equity position $800M growth and 6% mutual fund and ETF position growth +8% YoY • Innovation
Slide 6: Broadridge is driving innovation at scale
Broadridge is driving innovation at scale Leading Tokenization Driving Digitization Scaling AI • Live with tokenized governance • 91% of proxy communications • $800B+ in assets on AI-native platform, powering the first on- already digitized custom voting policy engine for chain U.S. public company p
Slide 7: Summary financial results
Summary financial results THIRD QUARTER $ in millions, except per share data 2026 2025 Inc./(Dec.) Recurring revenues $1,288 $1,204 7% Constant currency growth (Non-GAAP) 6% Total revenues 1,954 1,812 8% Operating income 359 345 4% Adjusted Operating income (Non-GAAP) 421 405 4% Adjusted Operating i
Slide 8: Third quarter 2026 segment Recurring revenues
Third quarter 2026 segment Recurring revenues $ in millions; growth in constant currency ICS RECURRING REVENUES GTO RECURRING REVENUES +8% +3% $800 $488 Regulatory $399 9% Capital $295 0% Markets Data-Driven $126 8% Fund Solutions Issuer $65 8% Wealth & Customer Investment $193 8% Comms. $209 5% Man
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% 16% 11% Equity Revenue 2,3 N/A 12% 11% N/A 18% MF / ETF 3 3% 7% 7% 7% 17% 15% 15% Internal Trade 4 13% 13% 15% 8% 14% 15% Growth 12% 11% 11% 11% 11% 7% 7% 7% 6% 6%
Slide 10: Third quarter 2026 Recurring revenue growth drivers
Third quarter 2026 Recurring revenue growth drivers $ in millions. Pts contribution to growth RECURRING REVENUE GROWTH CONSTANT CURRENCY WAS 6% Organic Growth: 5 pts 1 pt 6% 1 pt 7% 4 pts 3 pts (2) pts $1,288 $1,204 Q3'25 Recurring Closed Sales Client Losses Internal Growth Acquisitions Q3'26 Rec. R
Slide 11: Third quarter 2026 Total revenue growth drivers
Third quarter 2026 Total revenue growth drivers $ in millions. Pts contribution to growth THIRD QUARTER 2026 TOTAL REVENUE GROWTH DRIVERS 1 pt 2 pts 1 pt 8% 4 pts $1,954 $1,812 Q3'25 Total Revenues Recurring Event-Driven Distribution FX Q3'26 Total Revenues QUARTERLY EVENT-DRIVEN REVENUES $125 $114
Slide 12: Operating income margin and Adjusted Operating income margin
Operating income margin and Adjusted Operating income margin Q3’26 OPERATING INCOME FISCAL YEAR OPERATING INCOME OPERATING 19.0% 18.4% 13.6% 13.3% 15.4% 15.6% 17.3% INCOME MARGIN 22.4% 20.5% 21.5% 20% – 20.0% +50 21% 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 Q3’26 EARNINGS PER SHARE FISCAL YEAR EARNINGS PER SHARE EARNINGS $2.05 $2.36 $4.65 $4.55 $5.30 $5.86 $7.10 PER SHARE $2.72 10% – $2.44 $8.55 12% $7.73 +11% ADJUSTED $7.01 +10% EARNINGS $6.46 +9% PER SHARE +14% (NON- $5.66 GAAP) +13% Q3'25 Q3'26 FY'2
Slide 14: Closed sales
Closed sales $ in millions CLOSED SALES $342 $174 $147 $288 $280 $240 – $290 $246 $231 YTD'25 YTD'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 1,2 102% 104% 100%+ $591 90% 84% $393 48% 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 4/30/26 Acquisition of CQG YTD Net Share Repurchases YTD Dividends Paid $781 CapEx and Software1 $77 Client Platform $475 $331 Investments 2 $33 $312 $248 $253 M&A $294 $331 Digital Asset Inv
Slide 17: Fiscal Year 2026 guidance
Fiscal Year 2026 guidance FY’26 GUIDANCE UPDATES Recurring revenue growth constant currency Raised from Higher end of At or above 7% (Non-GAAP) 5-7% Adjusted Operating income margin 20 – 21% No Change (Non-GAAP) Adjusted earnings per share growth 10 – 12% Raised from 9-12% (Non-GAAP) Revised from $2
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 Q3 Growth Investor Communication Solutions ("ICS") Regulatory $1,196 $190 $210 $365 $515 $1,281 $197 $249 $399 9% Data-driven fund solutions 435 108 114 115 122 459 111
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 March 31, 2026 Data-Driven Fund Investor Communication Solutions Regulatory Issuer Customer Comms. Total Solutions Recurring revenue growth (GAAP) 9% 9% 8% 5% 8% Impact of foreign currency exchange 0% (1%) 0% 0% 0% Recurring
Slide 25: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Nine Months Ended March 31, 2026 Data-Driven Fund Investor Communication Solutions Regulatory Issuer Customer Comms. Total Solutions Recurring revenue growth (GAAP) 10% 4% 7% 6% 8% Impact of foreign currency exchange 0% (1%) 0% 0% 0% Recurring
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 Nine Months Ended Fiscal Year Ended June 30, March 31, March 31, Dollars in millions 2026 2025 2026 2025 2025 2024 2023 2022 2021 Operating income (GAAP) $359.5 $344.9 $754.3 $689.9 $1,188.6 $1,017.1 $936.4 $759.9 $678.7 Adju
Slide 28: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Nine Months Ended March 31, Fiscal Year Ended June 30, Dollars in millions 2026 2025 2025 2024 2023 2022 2021 Net cash flows from operating activities (GAAP) $ 668.2 $ 471.6 $1,171.3 $1,056.2 $823.3 $443.5 $640.1 Capital expenditures and Softwa
Slide 29: Reconciliation of GAAP to Non-GAAP measures
Reconciliation of GAAP to Non-GAAP measures (Unaudited) Three Months Ended March 31, Nine Months Ended March 31, Dollars in millions, except per share amounts 2026 2025 2026 2025 Diluted earnings per share (GAAP) $2.36 $2.05 $6.18 $3.93 Adjustments: Amortization of Acquired Intangibles and Purchased
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) 7% FY26 Adjusted Operating income margin (b) Operating income marg
Slide 31: Earnings Conference Call
Broadridge Fiscal Third 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 May 7, 2026 Domestic Dial-In: 1-855-669-9658 Live Call Information Date: April 30, 2026
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