BR · 10-Q · 2026Q3 · Full report

Market Demand Trends

BROADRIDGE FINANCIAL SOLUTIONS, INC. · 2026-11-03 · Importance 43 · Surprise 32

Recurring revenue grew 11% year over year overall, with 9 percentage points from organic growth. In Investor Communication Solutions (ICS), recurring revenue grew 10%; Regulatory grew 17%, supported by 11% equity revenue position growth and 16% mutual fund/ETF position growth. In Global Technology and Operations (GTO), recurring revenue grew 12%, including 10 percentage points of organic growth; Capital Markets grew 17%, while Wealth and Investment Management grew 5%.

Key facts

• Broadridge expects the portion of revenues derived from mutual fund proxy activity may continue to experience volatility in the future. source
• Broadridge processes and distributes the greatest number of proxy materials and annual reports during its third and fourth fiscal quarters; this seasonality has resulted in higher revenues, operating income, net earnings and operating cash flows in those quarters. source