BR
FY2026 Q3 · Calendar Q2 2026
Broadridge Financial Solutions, Inc.
Broadridge delivered a solid Q3 FY26 beat with 6% recurring revenue growth and 11% adjusted EPS growth, while raising full-year guidance to at least 7% revenue growth and 10-12% EPS growth. The company is building durable competitive moats in tokenization, AI-driven solutions, and digital asset infrastructure, with its DLR platform now processing over $350 billion in tokenized securities daily. Despite the beat and raised guidance, the stock sold off sharply, likely reflecting investor caution around lengthening sales cycles and the lowered closed-sales outlook. With the pipeline exceeding $1 billion and free cash flow of $591 million funding buybacks and tuck-in M&A, the long-term growth thesis remains intact, but near-term execution risk has increased.
EPS surprise+4.6%
Market move-4.2%
