Broadridge FY2026: revenue up 8.5%, adjusted EPS up 12.3%, cash flow strong
Broadridge closed fiscal 2026 with $7.48 billion of revenue, $9.60 of adjusted EPS and 110% free cash flow conversion, then guided fiscal 2027 adjusted EPS growth to 8-12%. The view is Bullish, on a recurring-revenue base that grew 8.2% and a dividend raised 12.0%. Read the numbers with one caution: GAAP profit this year included $227 million of non-cash digital asset gains that adjusted EPS strips out.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS rose 35.2% to $9.60 from $7.10, and adjusted EPS rose 12.3% to $9.60, so both landed on the same number for the year. That overlap is not a sign of clean books: it reflects $227 million of non-cash digital asset gains that GAAP counts and adjusted EPS removes. The fourth quarter was lighter than expected, with adjusted EPS of $3.82 about 1.2% below the $3.87 consensus estimate.
Total revenue rose 8.5% to $7.48 billion from $6.89 billion, though the release rounds this to 9%. The number that matters more is recurring revenue, the subscription-like core, which grew 8.2% to $4.88 billion. Distribution revenue, mostly client postage billed through to customers, is now $2.25 billion, or 30.1% of the total, and it grew 9.1%.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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