Company Overview

Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry globally. The company was spun off from Automatic Data Processing in 2007 and has established itself as a global Fintech leader with over $6 billion in revenues.

Business Overview

Broadridge operates through two primary segments: Investor Communication Solutions (ICS) and Global Technology and Operations. The company delivers technology-driven solutions to banks, broker-dealers, asset and wealth managers, and public companies, serving as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors worldwide.

#### Key Business Segments

- Investor Communication Solutions (ICS)

This segment handles proxy materials distribution and voting processes for bank, broker-dealer, corporate issuer, and fund clients, and provides fund manager and regulatory communication solutions. It offers ProxyEdge electronic proxy delivery and voting solution, data-driven solutions, content management platforms, SEC filing services, registrar and stock transfer services, and omni-channel customer communications solutions through the Broadridge Communications Cloud platform.

- Global Technology and Operations

This segment provides solutions that automate the front-to-back transaction lifecycle of equity, mutual fund, fixed income, foreign exchange, and exchange-traded derivatives, including order capture and execution, trade confirmation, margin, cash management, clearing, and settlement. Broadridge's technology and operations platforms underpin the daily trading of on average more than $15 trillion of equities, fixed income, and other securities.

Market Position and Competitive Advantages

Broadridge has been the dominant proxy and interim services provider for broker/dealers for more than 20 years, with its regulated proxy and interim business serving as its crown jewel. The company maintains a dominant market share position on delivering proxies and interims to beneficial shareholders, with fees set by the NYSE proxy working group overseen by the SEC.

The company generates over 30% of its fee revenue and EBITDA from its global technology and operations segment, while benefiting from higher engagement of retail investors through position growth and elevated trading volume. Direct indexing and the rise of retail investing support position growth beyond expectations.

Financial Performance

#### Latest Financial Metrics (Fiscal Year 2025)

- Revenue: $6.89 billion in FY2025, representing a 5.88% increase from the previous year's $6.51 billion.

- Net Income: $839.50 million, marking a 20.25% increase.

- Recurring Revenue Growth: 7% growth in recurring revenues to $4.5 billion in FY2025.

- Adjusted EPS: $8.55 in FY2025, representing 11% growth.

- Market Capitalization: $29.7 billion as of September 2025.

- Free Cash Flow: $1.1 billion in fiscal 2025, equal to 104% of adjusted net income.

#### Recent Quarterly Performance

In Q3 FY2025, the company reported a 5% increase in total revenues to $1.812 billion, with operating income rising 14% to $345 million and adjusted earnings per share growing 9% to $2.44. For Q4 2025, total revenues grew 6% to $2.1 billion, with operating income increasing 13% to $499 million.

Dividend Policy and Shareholder Returns

Broadridge's Board approved an 11% increase in the annual dividend to $3.90 per share in 2025, marking the 13th double-digit increase in the past fourteen years and the 19th consecutive annual increase. This represents 19 consecutive years of dividend raises.

Future Outlook and Growth Strategy

For fiscal 2026, the company projects 5% to 7% recurring revenue growth and 8% to 12% adjusted EPS growth, with anticipated closed sales between $290 million and $330 million.

Broadridge is executing its growth strategy to drive democratization and digitization of governance, simplify and innovate capital markets, and modernize wealth management. In fiscal 2025, governance recurring revenues grew 6% to $2.7 billion, equity shareholder positions increased 16%, capital markets revenue rose 6% to $1.1 billion, and wealth and investment management saw a 12% increase in recurring revenues.

Innovation and Technology

The company continues to invest in cutting-edge technology solutions. Broadridge highlighted its distributed ledger repo solution, which achieved daily average trading volumes exceeding $200 billion in June. In May 2025, the company was awarded a U.S. patent on its large language model (LLM) orchestration of machine learning agents.

Workforce and Global Presence

Broadridge is a certified Great Place to Work® and employs approximately 15,000 full-time associates spanning 21 countries. The company is a part of the S&P 500® Index, reflecting its significance in the broader market.

With its dominant market position, consistent financial performance, strong dividend history, and strategic focus on digital transformation in financial services, Broadridge Financial Solutions continues to serve as a critical infrastructure provider for the global financial services industry.