01—Abstract
Summary
Summary of the 8-K filed August 4, 2026. Cited figures are marked; the original filing is the authoritative source.
Broadridge Financial Solutions, Inc. (NYSE: BR) reported fiscal fourth-quarter and full-year 2026 results on August 4, 2026, furnished as Exhibits 99.1 and 99.2 to its Form 8-K.
For fiscal year 2026, Recurring revenues rose 8% to $4,878 milliona (8% on a constant currency basis), total revenues increased 9% to $7,477 million, and diluted EPS rose 35% to $9.60. Adjusted EPS grew 12% to $9.60, and Free cash flow conversion was 110%, with Free cash flow of $1,233.0 million. Closed sales reached $305 million, up 6%.
Fourth-quarter Recurring revenues were $1,542 millionb, up 8%, and fourth-quarter diluted EPS was $3.44. The Board declared a quarterly dividend of $1.09 per share payable October 5, 2026, reflecting a 12% increase in the annual dividend from $3.90 to $4.36 per share. The Board also authorized a new share repurchase program of up to $1.5 billion of common stock with no expiration date, replacing the 3.5 million shares remaining under the prior authorization.
Fiscal year 2026 Corporate and Other results included a non-cash gain on digital assets of $227 millionc, which the company excluded from Adjusted EPS. For fiscal year 2027, management guided to 6-8% Recurring revenue growth on a constant currency basis, Adjusted Operating income margin of approximately 21%, 8-12% Adjusted EPS growth, Free cash flow conversion of 100% or more, and Closed sales of $290-330 million. Results were presented on both GAAP and Non-GAAP bases, and the filing lists risk factors including client concentration, cybersecurity, and securities market activity.
02—Key points
Key Highlights
- Fiscal 2026 Recurring revenues rose 8% to $4,878 million; Total revenues rose 9% to $7,477 million.
- Diluted EPS increased 35% to $9.60; Adjusted EPS grew 12% to $9.60 versus $8.55 in fiscal 2025.
- Free cash flow was $1,233.0 million, with Free cash flow conversion of 110%; net cash from operating activities was $1,345.6 million.
- Board declared a quarterly dividend of $1.09 per share (annual rate raised 12% to $4.36) and authorized a new repurchase program of up to $1.5 billion.
- Fiscal 2026 Closed sales were $305.1 million, up 6%; fourth-quarter Closed sales rose 39% to $158.3 million.
- Fiscal 2027 guidance: 6-8% constant currency Recurring revenue growth, 8-12% Adjusted EPS growth, and Closed sales of $290-330 million.
- Fiscal 2026 Corporate and Other results benefited from a non-cash gain on digital assets of $227 million, excluded from Adjusted EPS.
03—Questions
Frequently Asked Questions
How did Broadridge perform in fiscal 2026?
Recurring revenues grew 8% to $4,878 million, total revenues rose 9% to $7,477 million, and operating income increased 9% to $1,301 million. Diluted EPS rose 35% to $9.60 and Adjusted EPS grew 12% to $9.60.
What is the new dividend and repurchase authorization?
The Board declared a quarterly dividend of $1.09 per share, payable October 5, 2026 to holders of record on September 3, 2026, reflecting a 12% increase in the annual dividend to $4.36 per share. The Board also authorized repurchases of up to $1.5 billion of common stock with no expiration date, replacing the 3.5 million shares remaining under the prior authorization.
What guidance did Broadridge give for fiscal 2027?
The company guided to 6-8% Recurring revenue growth on a constant currency basis, Adjusted Operating income margin of approximately 21%, 8-12% Adjusted EPS growth, Free cash flow conversion of 100% or more, and Closed sales of $290-330 million.
Did the digital asset holdings affect reported results?
Yes. Fiscal 2026 Net earnings included a gain on digital assets of $227.0 million, which Broadridge excluded from Adjusted Net earnings and Adjusted EPS. In the fourth quarter, a loss of $11.3 million on digital assets was similarly excluded.
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