BR · 10-K · 2026A · Full report

Event-Driven Market Activity

BROADRIDGE FINANCIAL SOLUTIONS, INC. · 2026-08-04 · Importance 25 · Surprise 32

Event-driven revenues increased 9% in fiscal 2026, driven by higher equity and other communications activity. Equity proxy contests, special events, corporate actions, mergers and acquisitions, and tender or exchange offers remain key sources of event-driven activity. Mutual fund proxy revenues were flat year over year after increasing 75% in fiscal 2025, demonstrating greater volatility than other event-driven categories. Management noted that event-driven volumes depend on financial-market conditions and regulatory-compliance requirements and are difficult to forecast.

Key facts

• Mutual fund proxy revenues were flat in fiscal year 2026 compared to the prior fiscal year; in fiscal year 2025 mutual fund proxy revenues were 75% higher than the prior fiscal year. source
• Event-driven revenues for consolidated fiscal year 2026: $348.1 million, up $28.9 million, or 9%, from $319.3 million. source