BROADRIDGE FINANCIAL SOLUTIONS, INC.

Listed Company

BRCIK 0001383312NYSELarge AcceleratedServices-Business Services, NecDelawareFY ends Jun 30

Period

FY 2025

Revenue

$6.89B

Net Income

$839.50M

Total Assets

$8.54B

Equity

$2.66B

Shares Out

115.66M

Op. Cash Flow

$1.17B

Business

BROADRIDGE FINANCIAL SOLUTIONS, INC. is a global financial technology company that powers investing, corporate governance, and communications for financial institutions, public companies, and investors. It provides technology-driven solutions including investor communications and proxy processing, data-driven fund and retirement services, customer communications and omni-channel document delivery, and front-to-back SaaS platforms for trading, post-trade processing, wealth and investment management. The company operates through two reportable segments: Investor Communication Solutions and Global Technology and Operations. Its solutions serve clients worldwide through digital platforms, print/mail networks, SaaS deployments, and business process outsourcing relationships.

Summary from filing dated 2025-08-05

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Revenues	6,889	6,507	6,061	5,709	4,994
Cost of revenues	4,752	4,573	4,276	4,117	3,571
Selling, general and administrative expenses	948	917	849	832	744
Total operating expenses	5,701	5,490	5,125	4,949	4,315
Operating income	1,189	1,017	936	760	679
Interest expense, net	−123	−138	−136	−85	−55
Other non-operating expenses, net	−7	−2	−6	−3	73
Earnings before income taxes	1,059	877	795	672	696
Provision for income taxes	219	179	164	133	149
Net earnings	840	698	631	539	548
Basic earnings per share (in dollars per share)	7.17	5.93	5.36	4.62	4.73
Diluted earnings per share (in dollars per share)	7.1	5.86	5.3	4.55	4.65
Basic (in shares)	117	118	118	117	116
Diluted (in shares)	118	119	119	119	118

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Cash and cash equivalents	562	304	252	225	275
Accounts receivable, net of allowance for doubtful accounts of $12.5 and $9.7, respectively	1,077	1,066	974	947	820
Other current assets	179	171	166	157	166
Total current assets	1,817	1,541	1,393	1,328	1,261
Property, plant and equipment, net	170	162	146	151	177
Goodwill	3,610	3,469	3,462	3,485	3,720
Intangible assets, net	1,277	1,307	1,467	1,077	1,425
Deferred client conversion and start-up costs	843	892	937	1,232	774
Other non-current assets	828	871	829	895	763
Total assets	8,545	8,242	8,233	8,169	8,120
Current portion of long-term debt	499	0	1,179	0	0
Payables and accrued expenses	1,113	1,194	1,020	1,115	1,103
Contract liabilities	249	227	200	199	185
Total current liabilities	1,861	1,422	2,398	1,313	1,288
Long-term debt	2,753	3,355	2,235	3,793	3,888
Deferred taxes	261	277	391	446	401
Contract liabilities	429	469	493	216	197
Other non-current liabilities	586	551	476	482	537
Total liabilities	5,890	6,074	5,993	6,250	6,311
Commitments and contingencies	—	—	—	—	—
Preferred stock: Authorized, 25.0 shares; issued and outstanding, none	0	0	0	0	0
Common stock, $0.01 par value: Authorized, 650.0 shares; issued, 154.5 and 154.5 shares, respectively; outstanding, 117.1 and 116.7 shares, respectively	2	2	2	2	2
Additional paid-in capital	1,663	1,553	1,437	1,345	1,246
Retained earnings	3,863	3,435	3,113	2,824	2,584
Treasury stock, at cost: 37.3 and 37.8 shares, respectively	−2,599	−2,489	−2,026	−2,025	−2,031
Accumulated other comprehensive income (loss)	−273	−332	−285	−226	9
Total stockholders equity	2,655	2,168	2,241	1,919	1,809
Total liabilities and stockholders equity	8,545	8,242	8,233	8,169	8,120

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Depreciation and amortization	131	120	84	82	67
Amortization of acquired intangibles and purchased intellectual property	197	200	214	250	154
Amortization of other assets	171	158	126	131	114
Write-down of long lived assets and related charges	15	18	3	40	31
Stock-based compensation expense	73	71	73	—	—
Deferred income taxes	−5	−120	−51	51	52
Other	−24	−58	−27	−18	−32
Accounts receivable, net	32	−37	20	−85	−42
Other current assets	−5	−3	−10	12	−30
Payables and accrued expenses	−147	137	−105	−27	144
Contract liabilities	57	81	329	110	12
Other non-current assets	−148	−232	−472	−697	−455
Other non-current liabilities	−13	24	9	−13	84
Net cash flows from operating activities	1,171	1,056	823	444	640
Capital expenditures	−44	−57	−38	−29	−52
Software purchases and capitalized internal use software	−71	−56	−37	−44	−49
Acquisitions, net of cash acquired	−194	−34	0	−13	−2,604
Other investing activities	−8	−800,000	−5	−24	−34
Net cash flows from investing activities	−316	−148	−80	−110	−2,654
Debt proceeds	1,238	1,023	990	670	4,325
Debt repayments	−1,343	−1,083	−1,375	−766	−2,231
Dividends paid	−402	−368	−331	−291	−262
Purchases of Treasury stock	−135	−485	−24	−23	−22
Proceeds from exercise of stock options	62	72	43	60	35
Other financing activities	−22	−14	−18	−22	−49
Net cash flows from financing activities	−601	−856	−715	−371	1,798
Effect of exchange rate changes on Cash and cash equivalents	3	−600,000	−600,000	−12	14
Net change in Cash and cash equivalents	257	52	28	−50	−202
Cash payments made for interest	132	143	137	82	56
Cash payments made for income taxes, net of refunds	280	240	180	77	98
Accrual of unpaid property, plant, equipment and software	13	1	800,000	19	32
Accrual of unpaid stock repurchase excise tax	0	3	0	0	—

Filings

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