Broadridge Financial Solutions (BR) Q4 2026 earnings summary

Executive summary

• Fiscal 2026 delivered 8% recurring revenue growth (constant currency), 12% adjusted EPS growth to $9.60, 110% free cash flow conversion, and record Q4 closed sales of $305 million.

• Over $1 billion was returned to shareholders via dividends and record share repurchases; annual dividend increased by 12% to $4.36 per share for the 20th consecutive year.

• Strategic focus on digitization, agentic AI, and tokenization is positioning the business for future market opportunities.

• Fiscal 2027 guidance targets 6%-8% recurring revenue growth and 8%-12% adjusted EPS growth, with closed sales expected between $290 million and $330 million.

Financial highlights

• Fiscal 2026 recurring revenues reached $4.9 billion, up 8% year-over-year; total revenues grew 9% to $7.48 billion.

• Adjusted operating income was $1.54 billion (up 9%), with a 20.5% margin.

• Adjusted EPS for FY26 was $9.60, up 12% year-over-year; Q4 adjusted EPS up 8% to $3.82.

• Free cash flow for FY26 was $1.23 billion, with a conversion rate of 110%.

Outlook and guidance

• Fiscal 2027 guidance: 6%-8% recurring revenue growth (constant currency), 8%-12% adjusted EPS growth, ~21% adjusted operating income margin, and free cash flow conversion above 100%.

• Closed sales expected between $290 million and $330 million.

• Dividend raised by 12% to $4.36 per share, marking the 20th consecutive annual increase.

• $25 million in AI-driven productivity gains expected to fund investments and earnings growth.