NYSE:BR

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Broadridge Reaffirms FY27 Outlook as Recurring Revenue Grows 11%

Broadridge Financial Solutions (NYSE: BR) reported a solid start to fiscal 2027, with double-digit recurring revenue growth and stronger closed sales, while profitability was pressured by lower event-driven revenue and higher expenses.

First-quarter recurring revenue increased 11% to $1.08 billion, including 9% organic growth. Total revenue rose 5% to $1.67 billion, while closed sales increased 10% to $36 million.

Adjusted EPS rose 3% to $1.56 from $1.51. However, adjusted operating income declined 9% to $230 million and adjusted operating margin fell to 13.8% from 15.8%. GAAP operating income decreased 8% to $174 million.

The Investor Communication Solutions segment posted 10% recurring revenue growth, helped by regulatory and data-driven fund solutions. However, event-driven revenue fell 41% to $67 million, largely due to lower mutual fund proxy activity.

Global Technology and Operations remained stronger. Recurring revenue increased 12% to $516 million, or 13% at constant currency, while pre-tax earnings rose 47% to $99 million. Capital Markets recurring revenue grew 17%, supported by organic growth and the CQG acquisition.

Broadridge reaffirmed its fiscal 2027 guidance for 6%-8% recurring revenue growth at constant currency, 8%-12% adjusted EPS growth, adjusted operating margin of about 21% and closed sales of $290 million-$330 million.

The company also continued returning capital to shareholders, repurchasing $200 million of stock during the quarter and paying $111 million in dividends.
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Broadridge Expands Digital Asset Platform to U.S. Wealth Management Firms

Broadridge has expanded its next-generation digital assets platform to the U.S., enabling wealth managers to offer cryptocurrencies and tokenized securities alongside traditional investments through a unified operating model.

The platform, already available in Canada, will serve U.S. broker-dealers, registered investment advisers and wealth managers. Anchorage Digital and Galaxy Digital are among the initial infrastructure providers supporting the offering, with services spanning custody, wallets, liquidity and compliance.

Broadridge’s platform supports cryptocurrencies as well as tokenized real-world assets, including equities, funds and private investments. It accommodates both advisor-led and self-directed investing while integrating with existing recordkeeping systems, regulatory reporting, tax, governance and compliance processes.

The expansion is designed to make it easier for wealth managers to integrate digital assets into their existing operations rather than maintaining separate infrastructure for crypto and traditional investments. Broadridge’s DLX tokenization platform also supports issuance, trading, financing, settlement and servicing of tokenized securities.

Broadridge said its Distributed Ledger Repo platform currently tokenizes more than $351 billion in real assets per day, highlighting the growing institutional scale of its digital asset infrastructure.
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Broadridge Launches DLX Platform for 24/7 Tokenized Financial Markets

Broadridge Financial Solutions (NYSE: BR) launched DLX, a new digital asset infrastructure platform designed to connect traditional financial markets with tokenized and blockchain-based markets.

The platform provides financial institutions with multi-chain connectivity, programmable smart contracts and 24/7 transaction capabilities. It supports the full lifecycle of tokenized assets, including issuance, trading, settlement, servicing, custody, governance and distribution across asset classes such as bonds, equities, funds, private-market assets and money-market instruments.

DLX builds on Broadridge’s existing Distributed Ledger Repo platform, which already processes more than $350 billion in daily activity. The new platform expands that infrastructure beyond repo and collateral markets into a broader range of tokenized financial assets.

Broadridge said DLX can integrate tokenized activity with existing institutional workflows while supporting self-custody, third-party custody and hybrid models, reducing the complexity financial firms face when operating across traditional and blockchain infrastructure.
Broadridge Expands Tokenized Repo Platform to G7 Securities as Daily Volume Reaches $351 Billion

Broadridge Financial Solutions (NYSE: BR) is expanding its Distributed Ledger Repo platform to support G7 securities, extending its blockchain-based infrastructure into international repo and collateral markets. The expansion will allow institutions to conduct cross-border repo transactions, intraday financing and collateral movements using atomic settlement.

The platform, known as DLR, is already operating at significant institutional scale. During August 2026, it processed an average of $351 billion in repo transactions per day and $7.4 trillion for the full month, with thousands of transactions passing through the network daily. Until now, the platform has supported tokenized U.S. Treasury collateral for repo transactions, intraday repos and collateral pledges.

Adding G7 securities significantly broadens the collateral institutions can mobilize through the platform. DLR synchronizes the movement of tokenized securities and cash in a single transaction, known as atomic settlement, reducing settlement risk while allowing financial institutions to manage liquidity, funding and high-quality collateral more efficiently.

The expansion is particularly significant because it moves institutional tokenization beyond U.S. Treasury markets into cross-border financing. Institutions can use eligible securities across different markets, currencies and jurisdictions while gaining faster settlement, improved visibility into collateral positions and reduced reliance on manual processing.

Broadridge is already one of the largest infrastructure providers bridging traditional finance and tokenized markets. Its DLR platform tokenizes more than $351 billion of assets daily, while Broadridge’s broader technology infrastructure underpins an average of more than $18 trillion in daily trading across tokenized and traditional securities.

The G7 expansion strengthens Broadridge’s position in institutional blockchain infrastructure as major financial institutions increasingly explore tokenization to improve collateral mobility, reduce settlement friction and make capital more efficient.
Broadridge Financial Solutions, Inc. (NYSE:BR) announced that its Board of Directors has declared a quarterly cash dividend of $0.88 per share. The dividend is payable on July 2, 2025 to stockholders of record at the close of business on June 12, 2025.
Broadridge Financial Solutions reported strong second-quarter fiscal 2025 results, with recurring revenues increasing by 9% (constant currency) and total revenues rising by 13% to $1.59 billion. Operating income grew by 69% to $211 million, while adjusted operating income rose 51% to $263 million. The company’s diluted EPS surged by 103% to $1.20, with adjusted EPS increasing by 70% to $1.56.

The company reaffirmed its full-year fiscal 2025 guidance, expecting 6-8% recurring revenue growth (constant currency), 8-12% adjusted EPS growth, and closed sales between $290 million and $330 million. CEO Tim Gokey highlighted Broadridge’s continued execution on its strategy to modernize financial services and leverage long-term trends such as increased investor participation.

Key segment results:
Investor Communication Solutions (ICS) total revenues grew 15% to $1.15 billion, driven by strong recurring and event-driven revenues.
Global Technology and Operations (GTO) recurring revenues increased 9% to $440 million, supported by organic growth and the acquisition of SIS.

Broadridge completed its $185 million acquisition of Kyndryl’s Securities Industry Services (SIS) in November 2024, expanding its wealth management and capital markets offerings in Canada.

The company will hold an investor call today at 8:30 a.m. ET, with a live webcast available on its Investor Relations website.