BR · 8-K · 20260804PR000022

Income Tax Rate Changes

BROADRIDGE FINANCIAL SOLUTIONS, INC. · 2026-08-04 · Importance 18 · Surprise 14

The fourth-quarter effective tax rate increased to 23.7% from 20.6%, primarily because discrete tax benefits decreased. Fiscal 2026’s effective tax rate increased to 22.2% from 20.7%. The annual change was driven by higher pre-tax income and lower total discrete tax benefits. The reduction in discrete benefits primarily reflected lower excess tax benefits associated with stock-based compensation, while the provision for income taxes increased to $321.6 million from $219.2 million.

Key facts

• The effective tax rate for the fourth quarter was 23.7% compared to 20.6% in the prior year period, driven primarily by a decrease in discrete tax benefits. source
• The effective tax rate for the twelve months ended June 30, 2026 was 22.2% compared to 20.7% in the prior year period, driven primarily by an increase in pre-tax income and a decrease in total discrete tax benefits. source