10-K annual report · filed Aug 5, 2025

Broadridge Financial Solutions (BR) FY2025 10-K Annual Report

Short answer

Broadridge Financial Solutions (BR) filed its fiscal 2025 10-K annual report with the SEC on Aug 5, 2025. It reported revenue of $6.9B (+5.9% year over year) and net income of $840M.

  • Top risk flagged: Key-person risk: Chief Information Security Officer manages cybersecurity program, single point for governance and risk management across global regions

FY2025 key financial metrics · XBRL

Revenue
$6.9B
+5.9% YoY
Net income
$840M
+20.3% YoY
Operating margin
17.3%
+1.6 pp YoY
EPS (diluted)
$7.10
+21.2% YoY
ROE
31.6%
−0.6 pp YoY
Operating cash flow
$1.2B
+10.9% YoY

Source: XBRL data from the Broadridge Financial Solutions (BR) FY2025 10-K on SEC EDGAR. USD.

Broadridge Financial Solutions FY2025 10-K analysis

AI summary of each section, grounded in the filing text

Business Overview

  • Core business model: Financial technology solutions for investor engagement, corporate governance, and communications
  • Two main segments: Investor Communication Solutions (75% revenue in FY24, 74% in FY25) and Global Technology and Operations
  • Slight revenue shift: Investor Communication Solutions segment decreased from 75% to 74% of total revenues YoY
  • Focus on regulatory and data-driven solutions enhancing client operations in financial services
  • Continued emphasis on digitizing communications and optimizing trading and investing processes

Management Discussion & Analysis

  • Revenue $6,889.1M, up 6% YoY (+$382.3M); recurring revenues $4,507.9M up 7%, event-driven $319.3M up 12%, distribution $2,062.0M up 3%
  • Operating margin 17.3% vs 15.6%, operating income $1,188.6M up 17%; Investor Communication Solutions pre-tax margin 20.6% vs 19.6%, Global Technology 11.3% vs 10.5%
  • Best segment: Investor Communication Solutions revenue $5,113.0M (+5%), earnings before tax $1,054.0M (+11%); Worst: Corporate and Other loss reduced to -$196.7M (-20%)
  • Net earnings $839.5M up 20%, basic EPS $7.17 up 21%; interest expense down 11% to $122.7M; restructuring costs $7.4M vs $63M prior year; closed sales $287.9M down from $341.8M
  • Management expects ongoing mutual fund proxy revenue volatility; restructuring for facility closure with $20-25M pre-tax costs completing FY26 Q2; focus on recurring revenue growth and cost efficiencies

Risk Factors

  • Key-person risk: Chief Information Security Officer manages cybersecurity program, single point for governance and risk management across global regions
  • Board oversight on cybersecurity via quarterly Audit Committee reports and ERM updates on significant company risks
  • Internal Audit performs regular technology and cybersecurity audits with direct reporting to the Audit Committee

Generated from the filing text; verify against the original. How to read a 10-K

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