BR · 10-Q · 2026Q3 · Full report

Event-Driven Market Activity

BROADRIDGE FINANCIAL SOLUTIONS, INC. · 2026-11-03 · Importance 46 · Surprise 56

Consolidated event-driven revenues declined 41% year over year as lower mutual fund proxy revenues were partly offset by higher equity and other revenue. Mutual fund proxy revenues fell 74% in the quarter compared with the prior-year quarter, following flat revenue for fiscal 2026. The filing says mutual fund proxy activity has historically been more volatile than other event-driven components and may continue to fluctuate.

Key facts

• Broadridge's event-driven revenues decreased $46.4 million, or 41%, as lower mutual fund proxy revenues were partially offset by higher equity and other revenue. source
• Broadridge's mutual fund proxy revenues were 74% lower in the three months ended September 30, 2026, than in the three months ended September 30, 2025. source
• Broadridge's mutual fund proxy revenues were flat in fiscal year 2026 compared with the prior fiscal year. source