Professional Services
Broadridge's fiscal 2026 net earnings surged 34% on 8% recurring revenue growth and a $227 million digital asset gain.
Key risk: Regulatory changes could pressure recurring revenue and distribution volumes
The SEC's proposed Regulation E-Delivery would allow default electronic delivery of investor communications, potentially reducing paper-based distribution volumes and recurring revenue growth. Management expects a modest decrease in recurring revenue growth over two to three years if adopted, though new solutions may offset some impact.