BR · 8-K · 20260804PR000022
Guidance and Outlook
BROADRIDGE FINANCIAL SOLUTIONS, INC. · 2026-08-04 · Importance 63 · Surprise 60 · Contradicted
For fiscal year 2027, Broadridge guides to 6–8% recurring revenue growth on a constant-currency basis, approximately 21% adjusted operating income margin, and 8–12% adjusted EPS growth. The company expects free cash flow conversion of more than 100% and closed sales of $290–330 million. Guidance assumes a foreign-exchange impact ranging from 0% to negative 0% based on forward rates as of July 2026 and excludes approximately $145 million of amortization, acquisition and integration, and restructuring costs from adjusted margin guidance.
Key facts
- Fiscal year 2027 guidance: Recurring revenue growth constant currency 6-8%, Adjusted Operating income margin ~21%, Adjusted EPS growth 8-12%, Free cash flow conversion 100%+, Closed sales $290-330 million. source
- FY27 adjusted operating income margin guidance of ~21% is adjusted to exclude approximately $145 million of amortization of acquired intangibles and purchased intellectual property, acquisition and integration costs, and restructuring and other related costs. source
- FY27 free cash flow conversion guidance is adjusted to exclude approximately $118 million of capital expenditures and software purchases and capitalized internal use software. source
- FY27 adjusted EPS growth guidance excludes approximately $0.99 per share impact of Amortization of Acquired Intangibles and Purchased Intellectual Property, Acquisition and Integration Costs, and Restructuring and Other Related Costs. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | +7.0% | Fiscal year 2027 guidance: Recurring revenue growth constant currency 6-8%, Adjusted Operating income margin ~21%, Adjusted EPS growth… |
| revenue | positive | probable | +3.5% | Fiscal year 2027 guidance: Recurring revenue growth constant currency 6-8%, Adjusted Operating income margin ~21%, Adjusted EPS growth… |
| operating_income | positive | probable | +3.3% | FY27 adjusted operating income margin guidance of ~21% is adjusted to exclude approximately $145 million of amortization of acquired… |
| margin | unclear | probable | — | Fiscal year 2027 guidance: Recurring revenue growth constant currency 6-8%, Adjusted Operating income margin ~21%, Adjusted EPS growth… |
| net_income | positive | probable | — | Fiscal year 2027 guidance: Recurring revenue growth constant currency 6-8%, Adjusted Operating income margin ~21%, Adjusted EPS growth… |
| cash | positive | probable | — | Fiscal year 2027 guidance: Recurring revenue growth constant currency 6-8%, Adjusted Operating income margin ~21%, Adjusted EPS growth… |
| cash | negative | probable | — | FY27 free cash flow conversion guidance is adjusted to exclude approximately $118 million of capital expenditures and software purchases… |
| net_income | positive | probable | — | FY27 adjusted EPS growth guidance excludes approximately $0.99 per share impact of Amortization of Acquired Intangibles and Purchased… |