Filing Flows › Broadridge Financial Solutions (BR) › Q1 FY27 › vs Q4 FY26
Broadridge Financial Solutions (BR) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Broadridge Financial Solutions's revenue fell $551M (-25%) from $2.2B in Q4 FY26 to $1.7B in Q1 FY27. The biggest changes: Recurring revenues −$459M (-30%); Distribution revenues −$88.2M (-15%); Event-driven revenues −$3.7M (-5%). Operating margin 10.4% against 24.6% (-14.2 pts).
Broadridge Financial Solutions, Q1 FY27: revenue $1.7B (+5% year over year), operating margin 10.4%, net earnings $94.8M, operating cash flow $93.2M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Operating margin | 10.4% | 24.6% | -14.2 pts |
| Net margin | 5.7% | 17.9% | -12.3 pts |
| Free cash flow margin | 4.7% | 29.1% | -24.4 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Recurring revenues | $1.1B | $1.5B | −$459M | -30% |
| Distribution revenues | $518M | $606M | −$88.2M | -15% |
| Event-driven revenues | $67.4M | $71.1M | −$3.7M | -5% |
| Revenue | $1.7B | $2.2B | −$551M | -25% |
| Operating profit | $174M | $546M | −$373M | -68% |
| Costs & expenses | $1.5B | $1.7B | −$178M | -11% |
| Pre-tax earnings | $110M | $522M | −$412M | -79% |
| Other expense, net | $63.8M | $24.3M | $39.5M | +163% |
| Cost of revenue | $1.2B | $1.4B | −$127M | -9% |
| SG&A | $255M | $307M | −$51.8M | -17% |
| Net earnings | $94.8M | $398M | −$303M | -76% |
| Income tax | $14.9M | $124M | −$109M | -88% |
| Depreciation & amortization | $36.6M | $36.1M | $500K | +1% |
| Share-based compensation | $23.2M | $27.2M | −$4.0M | -15% |
| Working capital & other | $61.4M | −$216M | $277M | — |
| Operating cash flow | $93.2M | $677M | −$584M | -86% |
| Free cash flow (OCF − capex) | $77.9M | $645M | −$567M | -88% |
| Capital expenditures | $15.3M | $32.1M | −$16.8M | -52% |
Questions
How much did Broadridge Financial Solutions's revenue grow quarter over quarter in Q1 FY27?
Broadridge Financial Solutions's revenue fell $551M (-25%) from $2.2B in Q4 FY26 to $1.7B in Q1 FY27.
What drove Broadridge Financial Solutions's revenue change in Q1 FY27?
Recurring revenues −$459M (-30%); Distribution revenues −$88.2M (-15%); Event-driven revenues −$3.7M (-5%).