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Broadridge Financial Solutions, Inc.

BR

Broadridge Financial Solutions, Inc. • NYSE
$228.09 ▲ 0.22% (+0.50)
Market Cap $26.72 B
52w High $271.91
52w Low $212.33
Dividend Yield 3.62%
P/E 29.17
Volume 203.45K
Outstanding Shares 117.12M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $1.589B ▼ $233.9M ▼ $165.4M ▼ 10.406% ▼ $1.41 ▼ $363.4M ▼
Q4-2025 $2.065B ▲ $271.2M ▲ $374.2M ▲ 18.118% ▲ $3.19 ▲ $627.2M ▲
Q3-2025 $1.812B ▲ $230.9M ▼ $243.1M ▲ 13.418% ▲ $2.07 ▲ $344.9M ▲
Q2-2025 $1.589B ▲ $232.8M ▲ $142.4M ▲ 8.96% ▲ $1.22 ▲ $337.9M ▲
Q1-2025 $1.423B $213.4M $79.8M 5.608% $0.68 $259.5M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $317.2M ▼ $8.3B ▼ $5.917B ▲ $2.382B ▼
Q4-2025 $561.5M ▲ $8.545B ▲ $5.89B ▼ $2.655B ▲
Q3-2025 $289.9M ▼ $8.231B $6.002B $2.228B
Q2-2025 $290.6M ▼ $8.231B ▲ $6.002B ▲ $2.228B ▲
Q1-2025 $292.8M $8.017B $5.811B $2.206B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $165.4M ▼ $42.3M ▼ $-100M ▼ $-214.2M ▲ $-270.8M ▼ $27.1M ▼
Q4-2025 $374.2M ▲ $699.7M ▲ $-40.1M ▼ $-423.3M ▼ $244.3M ▲ $663.3M ▲
Q3-2025 $243.1M ▲ $360.4M ▲ $-25.7M ▲ $-305.2M ▼ $27.3M ▲ $348.9M ▲
Q2-2025 $142.4M ▲ $236.7M ▲ $-210.3M ▼ $-24.1M ▼ $-2.9M ▲ $227.9M ▲
Q1-2025 $79.8M $-125.5M $-40.1M $151.8M $-11.6M $-133.4M

Revenue by Products

Product Q2-2025Q3-2025Q4-2025Q1-2026
Distribution Revenue
Distribution Revenue
 $480.00M ▲$560.00M ▲$560.00M ▲$500.00M ▼
EventDriven Revenue
EventDriven Revenue
 $120.00M ▲$50.00M ▼$80.00M ▲$110.00M ▲
Recurring Fee Revenue
Recurring Fee Revenue
 $980.00M ▲$1.20Bn ▲$1.42Bn ▲$980.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Broadridge’s income statement shows a clear pattern of steady, healthy growth. Revenue has climbed each year over the past five years, and profits have grown even faster than sales, which suggests the business is scaling efficiently. Both operating profit and EBITDA have expanded nicely, indicating improved margins and good cost control for a services and technology platform. Earnings per share dipped slightly earlier in the period but have since accelerated, ending at a meaningfully higher level than five years ago. Overall, the company looks solidly profitable, with a business model that is converting growth in activity and client demand into rising earnings over time.

Balance Sheet

Balance Sheet The balance sheet looks progressively stronger. Total assets have inched up, but the more notable story is the combination of rising equity and gradually declining debt. That means leverage is slowly coming down and the company is building a thicker capital cushion. Cash on hand has been trending up from relatively low levels, which improves financial flexibility. While debt remains a meaningful part of the capital structure, the direction of travel is positive: more equity, more cash, and less reliance on borrowing than a few years ago.

Cash Flow

Cash Flow Cash generation is a key strength. Operating cash flow has grown significantly over the period and now comfortably covers both investment needs and shareholder commitments. Free cash flow has been consistently positive and rising, showing that accounting profits are backed by real cash. Capital spending is modest relative to cash flow, reflecting an asset-light, software-and-services model. This combination of strong free cash flow and moderate investment needs gives Broadridge room to service debt, invest in new technologies, and absorb shocks without straining its finances.

Competitive Edge

Competitive Edge Broadridge occupies a central, hard-to-replace role in the financial system, especially in investor communications and trade processing. Its services are often tied directly to regulatory requirements, which makes them mission-critical and difficult for clients to walk away from. This leads to high retention and a steady, recurring revenue base. The company benefits from scale and a powerful network effect: it connects many issuers, brokers, and investors on common platforms, making it difficult for smaller rivals to match its reach. High switching costs—because its tools are deeply embedded in clients’ operations—further reinforce its moat. The main risks come from potential regulatory changes, technology shifts, and ongoing competition from other large financial technology providers, but the current competitive position is strong and entrenched.

Innovation and R&D

Innovation and R&D Innovation is clearly a strategic focus. Broadridge is pushing into areas like distributed ledger technology for repo markets, tokenization, and advanced data and analytics. Its blockchain-based repo platform and tools like its AI-driven bond assistant show a willingness to deploy next-generation technologies in real, large-scale financial workflows. The firm is also modernizing investor communications and wealth management platforms, helping clients digitize and personalize their interactions with end investors. This creates opportunities for long-term growth if adoption remains strong. The flip side is execution risk: success depends on maintaining technical leadership, securing client buy-in for new platforms, and navigating a crowded field of fintech innovators.

Summary

Overall, Broadridge looks like a mature, steadily growing technology and services provider that sits in the core plumbing of global finance. The income statement reflects healthy, margin-accretive growth; the balance sheet is gradually strengthening; and cash flows are robust and rising. Its competitive moat is built on regulatory entrenchment, scale, network effects, and high switching costs, all of which support stability and recurring revenues. At the same time, the company is investing in future-facing technologies—blockchain, AI, and modern wealth and communications platforms—that could extend its relevance but also introduce some execution and innovation risk. In plain terms, Broadridge appears to combine a solid, established backbone business with a meaningful, ongoing push into new financial technologies, backed by improving financial foundations and strong cash generation.

NEWS

November 21, 2025 · 7:30 AM UTC

AI, Product Innovation, and Next-Generation Investors Set the Course for the Future of Asset and Wealth Management, MMI-Broadridge Survey Finds

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November 19, 2025 · 2:00 AM UTC

Broadridge and Xceptor Partner to Transform Global Tax Reclaims and Asset Servicing Operations

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November 18, 2025 · 8:41 AM UTC

Broadridge's Tokenization Capability Enables Societe Generale's First U.S. Digital Bond Issuance

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November 18, 2025 · 6:30 AM UTC

Perception of Customer Experience at a New Low, Survey from Broadridge Reveals

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November 13, 2025 · 12:02 PM UTC

Broadridge Declares Quarterly Dividend of $0.975 Per Share

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