BROADRIDGE FINANCIAL SOLUTIONS (BR) Company Report

Broadridge’s Distributed Ledger Repo (DLR) platform processed an average of $365 billion in daily repo transactions in January, with total volumes of $7.3 trillion.
This represents a 508% year-over-year increase, highlighting accelerated institutional adoption of tokenized real-asset settlement.
In 2026, Broadridge plans to expand DLR into intraday funding, enhanced collateral mobility, and additional tokenized asset classes.

Feb 12, 2026, 8:00 AM

Press Release

Broadridge outlines 2026 growth model and strategic investments

M&A

New Projects/Investments

Share Buyback

Broadridge is targeting 7–9% recurring revenue growth (5–7% organic plus 1–2% M&A) and 8–12% earnings growth, with a 2% dividend and 1% share buyback, aiming for low-teens total shareholder returns.
Agreed to acquire CQG for $170 million, anticipated to add ~5 points of growth to its capital markets business upon closing later this year.
Governance segment to capture >$100 million of new revenue through expanded pass-through voting (600 funds, $4 trillion AUM), a custom AI-driven proxy policy engine, and issuer standing-instruction services.
Advancing tokenized securities with Digital Ledger Repo usage growing from $100 billion to $400 billion/day, moving toward real-time, multi-asset settlement on the public Canton network.

Feb 9, 2026, 1:50 PM

Transcript

Broadridge Financial Solutions outlines strategic growth initiatives at UBS conference

M&A

New Projects/Investments

Share Buyback

Announced acquisition of CQG for $170 million to establish an execution management business in futures and options, expected to contribute about 5 points of growth to the capital markets segment upon close later this year.
Digital Ledger Repo platform now processes $400 billion in tokenized assets daily; Broadridge plans to migrate from a private Canton network to the public Canton network and enable real-time atomic settlement later in 2026, paving the way for multi-asset tokenization.
Embedding AI across its offerings, including a predictive data & analytics product sold to ~20 clients, a custom proxy-voting AI engine deployed with Wells Fargo, a 10× increase in fund report engagement, and a 20% improvement in back-office productivity with further gains planned.
Maintains a balanced capital allocation policy—investment-grade rating, dividends, tuck-in M&A and share buybacks—with historical M&A IRRs of 18–20% and a roughly 50/50 split between acquisitions and buybacks; backlog of $430 million underpins near-term revenue.

Feb 9, 2026, 1:50 PM

Transcript

Broadridge outlines growth strategy at UBS Financial Services Conference 2026

Guidance Update

M&A

New Projects/Investments

Broadridge serves 28 of the 29 globally significant financial institutions with $4.5 billion in recurring fee revenues, processing $15 trillion of trades and $400 billion of tokenized assets daily.
Targets 5–7% organic and 1–2% M&A–driven revenue growth (total 7–9%), 10% earnings growth, a 1% share buyback and 2% dividend yield.
Governance business expanding: pass-through voting grew from 100 to 600 funds covering $4 trillion AUM; deploying AI-driven proxy policy engine with Tier One clients and piloting standing instructions with ExxonMobil.
Advancing tokenization via Digital Ledger Repo roadmap to public ledger and leveraging AI (predictive analytics sold to ~20 clients; 20% productivity gain in operations) to enhance products and margins.
Completed $170 million CQG acquisition to enter futures/options execution, adding ~5 pp growth to capital markets; maintains balanced capital allocation with tuck-in M&A IRRs of 18–20% alongside buybacks.

Feb 9, 2026, 1:50 PM

Transcript

Broadridge reports Q2 FY26 results and raises FY26 EPS guidance

Earnings

Guidance Update

Broadridge delivered 8% recurring revenue growth (constant currency) and Adjusted EPS of $1.59 in Q2 FY26.
Q2 FY26 recurring revenues reached $1,070 M (+9% YoY) and total revenues were $1,714 M (+8% YoY); Adjusted operating income margin was 15.5%.
The company raised FY’26 Adjusted EPS growth guidance to 9–12%, while reaffirming its recurring revenue growth, adjusted operating income margin, and closed sales targets.
Broadridge targets 7–9% recurring revenue growth and 8–12% Adj. EPS growth over FY’24–26, supported by its platform-based model and balanced capital allocation.

Feb 6, 2026, 12:00 PM

Presentation

Broadridge delivers strong Q2 2026 results and reaffirms full-year guidance

Earnings

Guidance Update

New Projects/Investments

Broadridge delivered 8% recurring revenue growth (constant currency) and adjusted EPS of $1.59 in Q2 FY2026.
Governance recurring revenues rose 9% (constant currency), with equity positions up 17% and revenue positions up 11% year-over-year.
Capital markets recurring revenues grew 6% (constant currency); tokenization volumes reached $384 billion/day in December (≈$9 trillion/month), more than doubling since June 2025.
Wealth management recurring revenues increased 11%, and Q2 closed sales jumped 24% to $57 million, while new pipeline generation rose over 20% year-over-year.
Reaffirmed fiscal 2026 guidance for 5%–7% recurring revenue growth (constant currency), 9%–12% adjusted EPS growth, and $290 M–$330 M in closed sales.

Feb 3, 2026, 1:30 PM

Transcript

Broadridge reports Q2 2026 results

Earnings

Guidance Update

New Projects/Investments

Broadridge delivered 8% constant-currency recurring revenue growth and adjusted EPS of $1.59 in Q2, driven by strong governance, capital markets, and wealth segments.
The company reaffirmed fiscal 2026 recurring revenue growth at the high end of 5%–7%, raised adjusted EPS growth guidance to 9%–12%, and expects closed sales of $290–330 million.
Broadridge generated >100% free cash flow conversion, invested $126 million in three tuck-in acquisitions (including Acolin), and returned $367 million to shareholders via dividends and repurchases in H1.
Its tokenization platform processed $384 billion per day in December (more than double June levels) and will extend capabilities to tokenized equities, corporate actions, and digital wallets by year-end.

Feb 3, 2026, 1:30 PM

Transcript

Broadridge reports Q2 2026 results

Earnings

Guidance Update

M&A

Broadridge delivered 8% constant-currency recurring revenue growth and $1.59 adjusted EPS in Q2 2026.
Reaffirmed fiscal 2026 guidance for recurring revenue growth and raised adjusted EPS growth outlook to 9%–12%.
Generated $319 million of free cash flow in H1 and is on track for over 100% free cash flow conversion.
Recorded a $187 million non-cash mark-to-market gain on digital asset holdings, which rose to $265 million at quarter-end.
Advanced strategic initiatives with the Acolin acquisition and expanded tokenization efforts, including $7 million of digital asset revenues and $9 trillion of tokenized collateral in December.

Feb 3, 2026, 1:30 PM

Transcript

Broadridge announces Q2 2026 results

Earnings

Guidance Update

Recurring revenues of $1.07 B, up 9% YoY; 8% constant currency growth
Total revenues of $1.714 B, up 8% YoY; Operating income of $206 M, down 2%
Adjusted EPS of $1.59, up 2%, and GAAP EPS of $2.42
Closed sales of $57 M, up 24%; raised FY ’26 guidance to 5–7% recurring revenue growth, 9–12% Adjusted EPS growth, and $290–330 M closed sales

Feb 3, 2026, 1:30 PM

Presentation

Broadridge reports Q2 fiscal 2026 results

Earnings

Guidance Update

Q2 total revenues were $1.714 B, up 8%, with recurring revenues of $1.070 B, up 9% (8% constant currency).
Diluted EPS was $2.42 (102% YoY increase) and adjusted EPS was $1.59, up 2%.
Closed sales reached $57 M, up 24% year-over-year.
Raised FY ’26 adjusted EPS growth guidance to 9–12% and reaffirmed recurring revenue growth (5–7% CC) and adjusted operating income margin (20–21%).