BR · 10-Q · 2026Q3 · Full report
Operating Expense Trends
BROADRIDGE FINANCIAL SOLUTIONS, INC. · 2026-11-03 · Importance 39 · Surprise 14 · Matches filing data
Total operating expenses rose 7%, or $94.5 million, to $1,495.2 million in the quarter ended September 30, 2026. Cost of revenues increased $73.5 million, reflecting higher technology, labor, and distribution costs in Investor Communication Solutions, approximately $18.0 million of postage increases, and acquisition-related expenses. Selling, general and administrative expenses increased $21.0 million, primarily from higher labor and compensation-related expenses, including restructuring costs. Investor Communication Solutions operating expenses rose $45.7 million, or 5%, to $1,049.2 million, while Global Technology and Operations operating expenses rose $24.8 million, or 6%, to $417.0 million.
Key facts
- Broadridge's operating expenses increased $94.5 million, or 7%, to $1,495.2 million from $1,400.7 million. source
- Broadridge's cost of revenues increased $73.5 million, primarily reflecting higher technology, labor and ICS distribution costs, including approximately $18.0 million from postage rate increases, and higher acquisition-related expenses. source
- Broadridge's selling, general and administrative expenses increased $21.0 million, primarily reflecting higher labor and compensation-related expenses, including restructuring and other related costs. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -5.7% | Broadridge's operating expenses increased $94.5 million, or 7%, to $1,495.2 million from $1,400.7 million. |