BR · 10-K · 2026A · Full report

Liquidity and Debt Position

BROADRIDGE FINANCIAL SOLUTIONS, INC. · 2026-08-04 · Importance 49 · Surprise 6

The Company expects domestic and foreign cash, operating cash flows, and borrowing capacity to fund operating activities, quarterly dividends, debt repayments, and material capital expenditures for at least the next 12 months and the foreseeable future. Outstanding borrowings totaled $3,274.7 million, comprising the Fiscal 2025 Revolving Credit Facility, Fiscal 2026 Term Loan, Fiscal 2020 Senior Notes, Fiscal 2021 Senior Notes, and Fiscal 2026 Senior Notes. Future principal payments consist of $2,774.7 million due in years four through five and $500.0 million due thereafter. The debt instruments are senior unsecured obligations that rank equally in right of payment.

Key facts

• Total stockholders' equity at June 30, 2026: $2,840.5 million; at June 30, 2025: $2,655.1 million. source
• The Company expects cash generated by operations, together with existing cash, cash equivalents, and borrowings from the capital markets, to be sufficient to cover cash needs for working capital, capital expenditures, strategic acquisitions, dividends and common stock repurchases. source
• Interest expense, net for fiscal year ended June 30, 2026: $99.9 million, a decrease of $22.8 million, or 19%, from $122.7 million. source
• Total cash and cash equivalents at June 30, 2026: $402.9 million (Domestic cash $103.1 million; Cash held by foreign subsidiaries $241.0 million; Cash held by regulated entities $58.8 million). source
• Total cash and cash equivalents at June 30, 2025: $561.5 million (Domestic cash $326.2 million; Cash held by foreign subsidiaries $174.6 million; Cash held by regulated entities $60.7 million). source
• The Company expects existing domestic cash, cash equivalents, cash flows from operations and borrowing capacity to continue to be sufficient to fund domestic operating activities and cash commitments for investing and financing activities, such as regular quarterly dividends, debt repayment schedules, and material capital expenditures, for at least the next 12 months and thereafter for the foreseeable future. source
• The Company expects existing foreign cash, cash equivalents, cash flows from operations and borrowing capacity to continue to be sufficient to fund foreign operating activities and cash commitments for investing activities, such as material capital expenditures, for at least the next 12 months and thereafter for the foreseeable future. source
• The Company’s borrowings include the Fiscal 2025 Revolving Credit Facility, Fiscal 2026 Term Loan, Fiscal 2020 Senior Notes, Fiscal 2021 Senior Notes, and Fiscal 2026 Senior Notes, each of which are senior unsecured obligations of the Company and are ranked equally in right of payment. source