Broadridge Reports Higher Full-Year Revenue, Operating Income, Net Income, and Diluted EPS on a Profit-to-Profit Basis

Bottom line

- BROADRIDGE FINANCIAL SOLUTIONS, INC. filed 10-K covering the twelve months ended June 30, 2026, on record with the SEC under 0001383312 and accession 0001628280-26-052243, trading as BR. The cited note in the filing is Item 7.

- For the twelve-month period the twelve months ended June 30, 2026, Revenue from Contract with Customer, Excluding Assessed Tax was $7,476,800,000 USD, higher than the prior twelve-month comparative the twelve months ended June 30, 2025 figure of $6,889,100,000 USD; the prior-period result is positive and the current-period result is positive, and the reported direction is an increase. - Operating Income (Loss) for the twelve months ended June 30, 2026 was $1,300,600,000 USD, higher than the prior twelve-month comparative the twelve months ended June 30, 2025 figure of $1,188,600,000 USD; the prior-period result is a profit and the current-period result is a profit, and the reported direction is an increase, a profit-to-profit transition.

- Net Income (Loss) Attributable to Parent for the twelve months ended June 30, 2026 was $1,124,300,000 USD, higher than the prior twelve-month comparative the twelve months ended June 30, 2025 figure of $839,500,000 USD; the prior-period result is a profit and the current-period result is a profit, and the reported direction is an increase, a profit-to-profit transition. 1 per diluted share USD/SHARES; the prior-period result is a profit and the current-period result is a profit, and the reported direction is an increase, a profit-to-profit transition.

- The filing evidence does not attribute this change to any single cause. - The filing evidence contains no peer or industry comparison. - The source scope is the 10-K Annual Report itself, narrowed for this section to the period-bound headline lines drawn from the management's discussion cited under Item 7; every figure above is reported in that section, and any interpretation of why the four reported values rose is left to The filing evidence does not attribute this change to any single cause..

The filing's forward-looking-statements language and segment description in the quoted evidence do not change the period-on-period direction of the four reported lines, but they do provide the context that BROADRIDGE FINANCIAL SOLUTIONS, INC. operates in two reportable segments and that a relatively small number of clients contribute meaningfully to revenue — context that is descriptive rather than causal and so does not contradict The filing evidence does not attribute this change to any single cause.. - Read alongside Broadcom Posts Higher Revenue, Operating Income, and Diluted EPS Year-Over-Year in Filing and Lizely Finance Earnings Analysis — UFP TECHNOLOGIES INC Interim Filing: Profit-to-Profit Growth on Both Windows, this BROADRIDGE FINANCIAL SOLUTIONS, INC.

result fits the same year-over-year profit-to-profit, higher-on-both-windows pattern those peer earnings analyses describe.

Financial performance

- For the twelve-month period, Revenue from Contract with Customer, Excluding Assessed Tax moved higher than the prior-year comparative, with the current period at $7,476,800,000 USD and the prior period at $6,889,100,000 USD across the twelve months ended June 30, 2026 versus the twelve months ended June 30, 2025. - Operating Income (Loss) also moved higher than the prior-year comparative, reported at $1,300,600,000 USD for the current period and $1,188,600,000 USD for the prior period, with operating profitability preserved on both sides.

- Net Income (Loss) Attributable to Parent rose relative to the prior-year comparative, sitting at $1,124,300,000 USD for the twelve months ended June 30, 2026 and $839,500,000 USD for the twelve months ended June 30, 2025, remaining in profit territory on both windows. 1 per diluted share USD/SHARES across the same two windows. - The filing evidence does not attribute this change to any single cause.

- The context for these results is supplied through Item Seven of 10-K for period-ended-2026-06-30 filed under accession 0001628280-26-052243 by BROADRIDGE FINANCIAL SOLUTIONS, INC. (ticker BR, CIK 0001383312), where the management narrative describes the larger Investor Communication Solutions segment and its contribution to consolidated revenues across the two fiscal years. - Management commentary within that section explains that the Investor Communication Solutions segment handles proxy materials distribution, voting, and disclosure services for bank, broker-dealer, corporate issuer, and fund clients, including electronic and traditional hard-copy delivery, rules-engine maintenance, and proxy voting via telephone, online, mobile, or paper.

" as nominee for The Depository Trust and Clearing Corporation, and that Broadridge contracts with many of those Nominees to perform beneficial proxy services under powers of attorney. - Management also describes the reimbursement framework set by SROs such as the NYSE, under which Broadridge bills public companies for proxy services, collects fees, and remits a portion to the Nominee, and notes that NOBO information preparation is similarly reimbursed by the requesting corporate issuers. - The filing evidence contains no peer or industry comparison.

- Because the filing does not include a quarter-versus-prior-quarter series and this report is filed as an annual submission, no separate period-over-period directional read is authorized for the most recent quarter, and no forward guidance statement appears in the quoted evidence beyond management's existing service descriptions. - Readers comparing this print to other recent Lizely Finance Earnings Analysis filings, such as Lizely Finance Earnings Analysis — UFP TECHNOLOGIES INC Interim Filing: Profit-to-Profit Growth on Both Windows, should keep in mind that the comparison set here is restricted to the year-over-year twelve-month windows authorized above.

Operating drivers and segments

BROADRIDGE FINANCIAL SOLUTIONS, INC. operates through two reportable segments. The Investor Communication Solutions segment is described as the larger of the two and houses Regulatory Solutions, Data-Driven Fund Solutions, Corporate Issuer Solutions, and Customer Communications Solutions, including proxy services, shareholder engagement solutions, and the ShareLink offering referenced in the filing narrative. The Global Technology and Operations segment houses Capital Markets Solutions, with the narrative describing a trade-lifecycle platform running from order initiation to settlement. Management states that each segment's revenues represented a portion of total Revenues in the two fiscal years covered by the 10-K filed under accession 0001628280-26-052243, but the precise segment percentages are not preserved in the quoted excerpt. Revenue from Contract with Customer, Excluding Assessed Tax for the twelve-month period ending the twelve months ended June 30, 2026 is reported at $7,476,800,000, compared with $6,889,100,000 for the prior-year twelve-month period ending the twelve months ended June 30, 2025. The authorized machine comparison indicates a year-over-year increase at the consolidated revenue line. Operating Income (Loss) for the same twelve-month periods is $1,300,600,000 and $1,188,600,000 respectively, with the authorized machine comparison indicating a year-over-year increase and a profit-to-profit transition. The filing does not break out per-segment operating income or segment margins within the quoted material, so the consolidated operating margin can be observed qualitatively but a segment-level margin walk is not available.

Management frames the business around a long-running pivot to a global financial technology leader, with Investor Communication Solutions anchored in proxy and shareholder engagement workflows (including tokenized equities support through ShareLink) and Global Technology and Operations positioned around capital markets infrastructure. The forward-looking statements section, reproduced inside Item 7's MD&A context, lists the risk factors management itself believes could cause actual results to diverge from expectations, including regulatory change, client concentration, cybersecurity events, securities-market activity levels, vendor reliability, systems resilience, macroeconomic and geopolitical conditions, retention and cross-selling execution, technology pace, competitive conditions, key-personnel retention, and the impact of acquisitions and divestitures. Those cautionary items are management's own articulation of the moving pieces behind the operating results, not independent verification of them.

Readers cross-checking this filing against Broadcom Posts Higher Revenue, Operating Income, and Diluted EPS Year-Over-Year in the reporting period Filing will see a familiar profit-to-profit shape but should not infer shared drivers across issuers.

The filing evidence does not tie the consolidated revenue and operating income moves to any single segment, client, product line, or pricing action. The filing evidence does not attribute this change to any single cause.. No peer or industry comparison is embedded in the quoted material. The filing evidence contains no peer or industry comparison.. Independent verification of segment mix, organic versus acquisition contribution, foreign-exchange attribution, and pricing realization is therefore limited to the narrative descriptions and the forward-looking risk inventory that management itself provides. Unknowns include the precise segment revenue split, the contribution of recurring versus event-driven proxy activity, and the share of revenue still exposed to non-U.S. dollar translation, each of which would normally be quantified inside the MD&A section referenced by Item 7 but is not preserved in the quoted excerpts supplied for this section.

Cash flow and capital

- For the twelve-month period ending the twelve months ended June 30, 2026, operating cash flow came in at $1,345,600,000 $1,171,300,000 USD, while the prior-year comparison stood at $1,171,300,000 USD. The authorized direction is an increase in operating cash flow, leaving the cash-generating engine stronger than in the prior period. - Investing activities used cash in both windows, recorded at -$452,000,000 USD for the twelve months ended June 30, 2026 and -$316,200,000 USD for the twelve months ended June 30, 2025.

The authorized direction is a decrease, meaning the cash outflow narrowed year over year. - Financing activities also used cash in both windows, with -$1,048,500,000 USD for the twelve months ended June 30, 2026 and -$600,800,000 USD for the twelve months ended June 30, 2025. The authorized direction is a decrease, so the financing outflow shrank year over year.

- Investing activity is composed of two clearly identifiable pieces. Capital expenditures rose from $43,800,000 USD to $67,200,000 USD, with the authorized direction being an increase, signalling that the company is putting more cash into property, plant, and equipment than it did a year ago. The remainder of the investing line reflects other investing flows whose individual composition is not separately catalogued here.

- Financing activity is likewise composed of two return-of-capital pieces. Share repurchases rose from $134,900,000 USD to $603,700,000 USD (authorized direction: increase), and dividends paid rose from $402,300,000 USD to $443,500,000 USD (authorized direction: increase). The remainder of the financing line covers other financing items such as debt issuance or repayment, which are not separately catalogued for this section.

- The balance sheet at the balance sheet date of June 30, 2026 shows cash and cash equivalents of $402,900,000 USD and long-term debt, excluding current maturities, of $3,254,600,000 USD. Both lines are reported as positive balances, framing a liquidity position that is concrete but whose leverage quality cannot be characterised without the machine-supplied comparison ratios. - The filing evidence does not attribute this change to any single cause.

- Management's discussion in Item 7 contextualises the broader platform behind these cash flows, describing support for fund managers across UK and European markets, data-driven fund solutions, corporate issuer solutions covering shareholder meetings, proxy services, regulatory filings, and stock transfer services, plus customer communications solutions spanning financial services, healthcare, insurance, and other industries. The narrative does not isolate a single driver of the year-over-year cash flow movements observed above.

- The filing evidence does not attribute this change to any single cause. - Capital allocation therefore reads as a balanced posture: operating cash continued to grow, the company was a net user of cash in both financing and investing, and the explicit return-of-capital lines (buybacks and dividends) both stepped up from the prior year. The interaction between higher capex and higher shareholder returns, against a narrowing investing outflow and a smaller financing outflow, is left for the reader to weigh once the machine inserts the underlying figures.

- Readers cross-checking this pattern against another recent filing may find it useful to compare with Broadcom Posts Higher Revenue, Operating Income, and Diluted EPS Year-Over-Year in Filing for directional context on how peer issuers frame their own cash flow narratives.

Peer and historical context

Reported facts versus prior-year reported facts, drawn from the same statement in this filing, are the only peer-style comparisons the filing evidence supports. Management's discussion in Item 7 narrates operating segments rather than naming competitors, so any cross-company benchmarking against other transfer agents, customer-communications outsourcers, or post-trade technology providers would be outside the cited text.

On the year-over-year side, four full-year top-line and profitability lines are authorized for directional comparison between the twelve months ended June 30, 2026 and the twelve months ended June 30, 2025. Revenue from Contract with Customer, Excluding Assessed Tax moved higher year over year, comparing the current twelve-month revenue at $7,476,800,000 against the prior-year comparative at $6,889,100,000. Operating Income (Loss) likewise moved higher, with current operating income at $1,300,600,000 against the prior-year comparative at $1,188,600,000, and the transition stayed in profit-to-profit territory. Net Income (Loss) Attributable to Parent also moved higher, current net income at $1,124,300,000 against the prior-year net income at $839,500,000, again a profit-to-profit transition.

A second group covers cash-flow lines for the same two windows. Net Cash Provided by (Used in) Operating Activities moved higher year over year on an authorized basis, current operating cash flow at $1,345,600,000 against the prior-year comparative at $1,171,300,000; both periods remained cash-positive. The financing and investing activities, by contrast, are authorized to show decreases year over year while remaining negative on both sides, although the underlying cash amounts for those two lines are not part of this section's FACT catalog and so are not cited here. Earnings Per Share, Diluted is also authorized as higher on a profit-to-profit basis, but the per-share value is similarly outside this section's catalog.

- All four authorized income-statement lines (revenue, operating income, net income, diluted EPS) advanced year over year while staying in profit-to-profit territory. - Operating cash flow strengthened year over year while remaining positive in both windows, broadly consistent with the higher reported earnings. - Financing and investing activities are authorized to have decreased year over year, again staying within their prior sign on both sides.

Counter-evidence is limited because the filing frames the comparisons as own-company year-over-year rather than versus named peers. Management does not attribute the revenue, operating-income, net-income, or operating-cash-flow movements to any single cause inside the quoted narrative, so any causal reading of why those lines advanced is unavailable: The filing evidence does not attribute this change to any single cause.. Likewise, no competitor or industry index appears in the cited management text, so a direct peer benchmark against other capital-markets services, customer-communications, or post-trade technology providers is unsupported on the filing evidence: The filing evidence contains no peer or industry comparison..

For readers looking outside this filing for peer-style context, a Lizely Finance Earnings Analysis on ANI Pharmaceuticals covering a profit-to-profit interim filing illustrates the same profit-to-profit transition pattern in another healthcare-services comparator, but that benchmark sits outside the filing evidence for BROADRIDGE FINANCIAL SOLUTIONS, INC. (BR, 0001383312) and is offered only as adjacent reading.

Scenario analysis

The twelve-month period under review shows continued growth in both revenue and net income, with the authorized direction of change for Revenue from Contract with Customer, Excluding Assessed Tax and Net Income (Loss) Attributable to Parent both higher than the prior comparative for the twelve-month period, and both periods remain profit to profit. Operating Cash Flow is also authorized as higher than the prior period, while Payments for Repurchase of Common Stock, Payments of Dividends, and Payments to Acquire Property, Plant, and Equipment are each authorized as higher than the prior period, supporting a continuation of capital return alongside reinvestment in the business. Within this published envelope, the base case extends that profile: recurring, multi-asset post-trade processing, wealth and investment management solutions, and capital-markets connectivity continue to renew on contract cycles, the CQG acquisition contribution carries forward, and agentic-AI-enabled outsourcing converts client technology demand into operating leverage. Revenue is taken at the published level $7,476,800,000 for the twelve months ended June 30, 2026, with the prior comparative $6,889,100,000 for the twelve months ended June 30, 2025, and net income at $1,124,300,000 for the twelve months ended June 30, 2026 versus $839,500,000 for the twelve months ended June 30, 2025. The base case narrative relies only on the disclosed direction of change; The filing evidence does not attribute this change to any single cause.

The upside scenario layers additional operating momentum on the same scaffolding. If revenue, operating income, net income, and diluted EPS each post their authorized increase on top of an already positive prior period, capital deployment can compound: Payments to Acquire Property, Plant, and Equipment rising in tandem with Payments of Dividends and Payments for Repurchase of Common Stock would suggest management has the cash conversion to grow the asset base and return capital at the same time, while Net Cash Provided by Operating Activities outpacing the prior period reinforces that optionality. The filing evidence does not attribute this change to any single cause. Tokenization-related demand, the secular shift toward shorter settlement cycles, and the rollout of distributed-ledger repo are flagged in the source narrative as secular tailwinds; the section does not assign a probability to those drivers or to the recently acquired CQG franchise, and The filing evidence does not attribute this change to any single cause.

The downside scenario is bounded by the same authorized directions but reverses the magnitude. A flat or contracting print on Revenue from Contract with Customer, Excluding Assessed Tax or on Net Income (Loss) Attributable to Parent relative to the twelve months ended June 30, 2025 would compress earnings, even though both periods remain profit to profit. Operating cash flow is still authorized as higher than the prior period, but a smaller margin between Net Cash Provided by Operating Activities and the rising outflows for repurchases, dividends, and capex would limit buyback pace. Net Cash Provided by (Used in) Investing Activities and Net Cash Provided by (Used in) Financing Activities are both authorized as more negative than the prior period, which means a downside read could see those outflows widen before revenue catches up. The filing evidence does not attribute this change to any single cause. The filing evidence contains no peer or industry comparison. Readers comparing frameworks can contrast this base/upside/downside construction against peer constructions such as Lizely Finance Earnings Analysis — Sypris Solutions Posts Wider Losses on Both Windows as Operating Cash Use Narrows and Lizely Finance Earnings Analysis — UFP TECHNOLOGIES INC Interim Filing: Profit-to-Profit Growth on Both Windows, which illustrate opposite cash-flow and earnings profiles.

Risks and what to watch

- The window for this filing is the twelve-month period reported under 10-K for period-ended-2026-06-30 (filed under accession 0001628280-26-052243 by BROADRIDGE FINANCIAL SOLUTIONS, INC., CIK 0001383312, ticker BR). Every risk note below is bounded to that window; nothing here is a forecast for the next fiscal year. - Reporting identity carries the most standing risk on this section. The filing’s narrative describes a multi-segment technology and business process outsourcing franchise spanning capital-markets post-trade processing, wealth management, and investment management distribution. Item seven of the management discussion, referenced as Item 7, is the only numbered note in this filing that is available for citation, which limits how narrowly any risk can be tied to a specific table or footnote in the disclosure.

Reported facts - Revenue from Contract with Customer, Excluding Assessed Tax is shown for the twelve months ended June 30, 2026 at $7,476,800,000, with the prior comparative for the twelve months ended June 30, 2025 at $6,889,100,000; the authorized year-over-year direction is higher than the prior period. - Net Income (Loss) Attributable to Parent is shown for the twelve months ended June 30, 2026 at $1,124,300,000, with the prior comparative for the twelve months ended June 30, 2025 at $839,500,000; the authorized transition is profit to profit, with the current year higher than the prior period. - Operating Income (Loss) and Earnings Per Share, Diluted are also disclosed on a profit-to-profit basis for the same window; the authorized direction for both is higher than the prior period. - Operating cash flow was positive in both windows and authorized as higher than the prior period; financing and investing flows were negative in both windows and authorized as lower than the prior period, with share repurchases, dividends, and capital expenditure all disclosed as positive and higher than the prior period.

Management explanation - Management frames the franchise around three strategic themes — democratization and digitization in governance, simplifying and innovating trading in capital markets, and modernizing wealth and investment management — and stresses AI-enabled, open-architecture platforms and a distributed-ledger repo offering as the differentiators carrying the model forward. - Management describes the business as a multi-client technology and business-process outsourcing platform delivered through common operations infrastructure, which they frame as a defensible, scale-driven network effect.

Analyst inference - Because authorized direction on repurchases, dividends, and capital spending is all higher than the prior period even while financing cash flow is lower than the prior period, returns of capital to shareholders and reinvestment in fixed assets were both elevated within the same window. The filing evidence does not attribute this change to any single cause. - Because authorized direction on operating cash flow is higher than the prior period while net income is also higher than the prior period, the cash conversion profile looks internally consistent across the two windows. The filing evidence does not attribute this change to any single cause. - Because the disclosed business mix spans capital-markets post-trade, wealth management platforms, and investment management distribution, the headline revenue line aggregates demand cycles that do not move together; investors should not read the single authorized direction as a uniform cycle signal.

Counter-evidence - Counter-evidence within the filing is thin. The only authorized downside direction on a cash-flow line is for financing and investing activities (lower than the prior period), and both are presented as net negatives rather than as deteriorating economics. - Segment-level performance for revenue or net income is not surfaced separately in the catalog available to this section, so any cross-segment read relies on the narrative rather than on a tabled split. The filing evidence does not disclose segment-level detail for this dimension. - The catalog also contains no peer or industry comparison set for this filing. The filing evidence contains no peer or industry comparison.

Unknowns - No margin, expense ratio, headcount, or backlog series is surfaced through the catalog keys available to this section, so trend commentary on profitability ratios beyond the authorized direction is not supported here. - No balance-sheet liquidity, leverage, or credit-rating metric is included in this section’s fact catalog; capital-structure risk is therefore unaddressed. - Forward-period guidance is not part of the filing evidence for this section, so any next-year expectation is out of scope.

Metrics to watch next period - Revenue from Contract with Customer, Excluding Assessed Tax for the twelve months ended June 30, 2026 versus the twelve months ended June 30, 2025, to confirm whether the higher-than-prior-period direction persists. - Net Income (Loss) Attributable to Parent and Earnings Per Share, Diluted for the same windows, to confirm the profit-to-profit trajectory. - Operating, investing, and financing cash flows together with repurchases, dividends, and capital expenditure, to confirm the capital-return and reinvestment cadence. - Any future disclosure that separates the capital-markets, wealth management, and investment management revenue lines, since headline revenue today masks the underlying segment mix.