01—Abstract
Summary
Summary of the 8-K filed May 6, 2026. Cited figures are marked; the original filing is the authoritative source.
On May 6, 2026, Broadridge Financial Solutions, Inc. furnished under Item 7.01 (Regulation FD Disclosure) its May 2026 investor presentation, attached as Exhibit 99.1.
The filing itself contains no new financial results; the presentation restates the company's third-quarter fiscal 2026 results (reported April 30, 2026) and its updated fiscal 2026 guidance. The information is furnished and not deemed filed under Section 18 of the Exchange Act. The presentation reports third-quarter fiscal 2026 Recurring revenues of $1,288 milliona (up 7% GAAP, 6% constant currency), total revenues of $1,954 million (up 8%), and Adjusted EPS of $2.72 (up 11%).
Diluted EPS was $2.36b, up 15%. Closed sales were $58 million, down 19%, and Adjusted Operating income margin was 21.5%, down 90 bps. For the nine months ended March 31, 2026, Free cash flow was $590.9 million, versus $393.2 million a year earlier.
Management raised fiscal 2026 guidance: Recurring revenue growth in constant currency is now at or above 7% (previously higher end of 5-7%), and Adjusted EPS growth is 10-12% (previously 9-12%). Adjusted Operating income margin guidance is unchanged at 20-21%, and Closed sales guidance was revised to $240c-$290 million from $290-$330 million. The presentation also restates three-year objectives for fiscal 2024-2026, including 7-9% Recurring revenue growth and 8-12% Adjusted EPS growth.
02—Key points
Key Highlights
- Q3 FY2026 Recurring revenues rose 7% (6% constant currency) to $1,288 million; total revenues rose 8% to $1,954 million.
- Adjusted EPS grew 11% to $2.72 in Q3 FY2026; GAAP diluted EPS rose 15% to $2.36.
- Closed sales fell 19% to $58 million in Q3 FY2026, and fiscal 2026 Closed sales guidance was lowered to $240-$290 million from $290-$330 million.
- Fiscal 2026 guidance raised: Recurring revenue growth constant currency at or above 7%, and Adjusted EPS growth of 10-12% versus prior 9-12%.
- Adjusted Operating income margin for Q3 FY2026 was 21.5%, down 90 bps; fiscal 2026 Adjusted Operating income margin guidance is unchanged at 20-21%.
- Free cash flow for the nine months ended March 31, 2026 was $590.9 million, compared with $393.2 million a year earlier.
- Presentation reiterates a capital allocation framework including dividends, share repurchases, and tuck-in M&A; the FY'26 annual dividend amount is subject to Board declaration.
03—Questions
Frequently Asked Questions
What new information did Broadridge disclose in this 8-K?
The 8-K furnishes the May 2026 investor presentation under Item 7.01 (Regulation FD). The presentation restates Q3 fiscal 2026 results reported April 30, 2026 and updated fiscal 2026 guidance, and it is not deemed filed under Section 18 of the Exchange Act.
How did Broadridge perform in Q3 fiscal 2026?
Recurring revenues were $1,288 million, up 7% (6% constant currency). Total revenues were $1,954 million, up 8%. Adjusted EPS was $2.72, up 11%, and GAAP diluted EPS was $2.36, up 15%.
What changed in fiscal 2026 guidance?
Recurring revenue growth constant currency was raised to at or above 7% from the higher end of 5-7%, and Adjusted EPS growth was raised to 10-12% from 9-12%. Closed sales guidance was revised to $240-$290 million from $290-$330 million. Adjusted Operating income margin guidance of 20-21% is unchanged.
Why did Closed sales decline?
The presentation reports Q3 fiscal 2026 Closed sales of $58 million versus $71 million a year earlier, a 19% decline, and lowers full-year Closed sales guidance. The filing does not give a specific cause for the decline.
What are the company's medium-term financial objectives?
For fiscal 2024-2026, the presentation cites 7-9% Recurring revenue growth, 5-8% organic Recurring revenue growth, 50+ bps annual Adjusted Operating income margin expansion, and 8-12% Adjusted EPS growth, with a target of approximately 100% free cash flow conversion.
04—Continue