BR
Broadridge Financial Solutions, Inc.227.47
-1.76-0.77%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q2 '26
Tokenization rebuttal, engagement TAM sized
Q&A deepened conviction on tokenization as tailwind, with Gokey swatting down disintermediation fears by highlighting enduring governance complexity for brokers, issuers, and post-trade needs like tax and margin. Management pegged AI-powered shareholder engagement—wins at JPMorgan, Wells Fargo—at a multi-$100M TAM, eyeing 1 point of governance growth. Pipeline creation jumped over 20%, fueling confidence in reaffirmed $290M-$330M closed sales despite H1 lag. DLR tokenized $9T in December; real-time repo hits FY26. Complexity endures. Watch tokenization ramps and sales conversion for thesis durability.
Key Stats
Market Cap
26.55BP/E (TTM)
29.09Basic EPS (TTM)
7.82Dividend Yield
0.02%Recent Filings
8-K
Q2 recurring revenue up 8%
Broadridge posted its February 2026 investor presentation under Item 7.01, highlighting Q2 FY26 results with 8% constant currency recurring revenue growth to $1,070M and adjusted EPS of $1.59, up 2%. Strong execution drove 24% closed sales growth to $57M. Raised FY26 adjusted EPS guidance to 9-12%; margins held firm despite restructuring.
8-K
Board expands, Keller exits
Broadridge expanded its board from eight to ten members on February 2, 2026, appointing independent expert Trish Mosconi to the Audit and Compensation Committees and internal President Chris Perry. This follows Brett Keller's resignation effective April 30, 2026, for a missionary assignment in Japan—no disagreements noted. Eight of ten directors now independent. Mosconi brings fintech strategy depth.
8-K
Recurring revenues up 9%, raises EPS guide
Broadridge posted Q2 FY26 recurring revenues up 9% to $1,070M (8% constant currency), with total revenues rising 8% to $1,714M despite 27% drop in event-driven revenues to $91M. Adjusted EPS edged 2% higher to $1.59, fueled by digital asset gains; margins slipped yet core operations held firm. Raised FY26 Adjusted EPS outlook to 9-12%, reaffirming recurring growth at higher end of 5-7%. Digital assets boosted results sharply.
10-Q
Q2 FY2026 results
Broadridge posted Q2 FY2026 revenues of $1,713.9M, up 8% y/y, with recurring revenues climbing 9% y/y on 4pts internal growth and 3pts net new business; ICS revenues rose 7% y/y yet operating income dipped 21% y/y from lower event-driven activity and higher distribution costs, while GTO surged 56% y/y on organic gains and SIS. Diluted EPS hit $2.42, up 102% y/y ($284.6M net earnings / 117.7M shares), fueled by $188M other non-operating income from digital asset gains; operating cash flow tallied $367.1M YTD (FCF $318.5M derived). Cash sits at $370.7M with $3,173.1M total debt and $1,314.9M revolver capacity. Digital asset volatility poses risks.
IPO
Website
Employees
Sector
Industry
CNDT
Conduent Incorporated
2.01+0.00
CSPI
CSP Inc.
12.65-2.31
CTSH
Cognizant Technology Solutions
83.63-0.42
DFIN
Donnelley Financial Solutions,
45.40+0.84
DXC
DXC Technology Company
15.09-0.33
FIS
Fidelity National Information S
66.62+0.01
IBEX
IBEX Limited
37.87+0.74
IBM
International Business Machines
303.18-5.48
TTGT
TechTarget, Inc.
5.32+0.12
UIS
Unisys Corporation New
2.84-0.04