Filing Flows › Broadridge Financial Solutions (BR) › Q3 FY25
Broadridge Financial Solutions (BR) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 1, 2025
Broadridge Financial Solutions (BR) reported revenue of $1.8B for the third quarter fiscal 2025 (Q3 FY25), +5% from a year earlier and +14% from the quarter before. Operating margin was 19.0%, net earnings $243M (13.4% of revenue).
Broadridge Financial Solutions, Q3 FY25: revenue $1.8B (+5% year over year), operating margin 19.0%, net earnings $243M, operating cash flow $360M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +14% | +5% |
| Operating profit | $345M | +64% | +14% |
| Net earnings | $243M | +71% | +14% |
| Operating cash flow | $360M | +52% | +74% |
| Free cash flow | $349M | +53% | +89% |
What changed
Revenue was $1.8B in Q3 FY25, up 5% year over year and up 14% from the previous quarter. Recurring revenues was the largest line at 66% of revenue. Recurring revenues added $0.08B year over year (up 7%), 91% of the total change. Event-driven revenues declined 21%.
Operating profit was $0.34B, a 19.0% margin (up 1.5 points year over year). Of the extra revenue versus a year earlier, 49% reached operating profit, above the 18% margin then. Total costs grew 3% against revenue growth of 5%. Net earnings were $0.24B, up 14% year over year. The effective tax rate was 21.8%.
Operating cash flow was $0.36B (up 74% year over year), 148% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $0.01B left free cash flow of $0.35B.
Questions
What was Broadridge Financial Solutions' revenue in the third quarter fiscal 2025?
Broadridge Financial Solutions (BR) reported revenue of $1.8B for the third quarter fiscal 2025 (Q3 FY25), +5% from a year earlier and +14% from the quarter before.
Was Broadridge Financial Solutions profitable in the third quarter fiscal 2025?
Operating profit was $345M (19.0% of revenue) and net earnings $243M.