Broadridge Financial Solutions posted first‑quarter fiscal 2026 results, reporting recurring revenue of $977 million, up 9% from $900 million in the same period a year earlier, and total revenue of $1.589 billion, a 12% increase from $1.423 billion in Q1 FY2025.
Operating income rose to $189 million, and adjusted earnings per share reached $1.51, compared with $1.00 in Q1 FY2025. Diluted earnings per share were $1.40, up from $0.68 a year earlier.
The Investor Communication Solutions segment generated $1.07 billion in total revenue, an 11% increase, while recurring revenue in the segment grew 5%. The Global Technology and Operations segment saw recurring revenue rise 13% to $1.02 billion.
Broadridge reaffirmed its fiscal 2026 guidance, projecting constant‑currency recurring revenue growth of 5% to 7% and adjusted earnings per share growth of 8% to 12%.
The company completed two tuck‑in acquisitions: Signal, a UK‑based omni‑channel communications provider, and iJoin, a retirement‑plan technology firm. Neither acquisition is expected to have a material impact on the company’s financial results, but they expand Broadridge’s digital communications and retirement solutions capabilities.
Broadridge also repurchased $150 million of its shares during the quarter, underscoring management’s confidence in the business and its capital allocation strategy.
The results reinforce Broadridge’s position as a leading provider of investor communications and capital‑markets technology, with continued momentum in a competitive industry.
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