BR · 10-K · 2026A · Full report
Market Demand Trends
BROADRIDGE FINANCIAL SOLUTIONS, INC. · 2026-08-04 · Importance 43 · Surprise 32 · In source text
Broadridge’s recurring revenues increased 8% in fiscal 2026, with organic growth contributing 7 percentage points in Investor Communication Solutions (ICS) and 4 percentage points in Global Technology and Operations (GTO). Within ICS, Regulatory recurring revenue grew 12%, supported by 12% equity revenue position growth and 6% mutual fund/ETF position growth; Data-Driven Fund Solutions grew 4%, Issuer grew 8%, and Customer Communications grew 5%. Within GTO, Capital Markets recurring revenue grew 6% and Wealth and Investment Management grew 11%, while Canton Coin-related digital asset revenues contributed $16.5 million, or one percentage point, to Capital Markets growth. Closed sales rose to $305.1 million from $287.9 million, indicating continued demand for new recurring-service contracts, although larger contracts may take 12 to 24 months or longer to convert into revenue.
Key facts
- As clients implement the proposed rule changes, we anticipate a modest decrease in recurring revenue growth over a two- to three-year period which we expect to largely offset with new solutions, and we also expect a decline in distribution revenues which should increase our margins. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | probable | — | As clients implement the proposed rule changes, we anticipate a modest decrease in recurring revenue growth over a two- to three-year… |
| revenue | negative | probable | — | As clients implement the proposed rule changes, we anticipate a modest decrease in recurring revenue growth over a two- to three-year… |
| margin | positive | probable | — | As clients implement the proposed rule changes, we anticipate a modest decrease in recurring revenue growth over a two- to three-year… |