--- title: "Broadridge Financial: Business Model" description: "Broadridge Financial Solutions revenue by business segment and geography from its fiscal 2025 Form 10-K, with each part's share and growth explained." canonical: https://www.getswoopr.com/stocks/companies/broadridge-financial-solutions/business-model/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Broadridge Financial Solutions: Business Model & Revenue Engine ## Direct Answer Broadridge Financial Solutions reports revenue across 2 business segments in its fiscal 2025 Form 10-K. Investor Communication Solutions is the largest, with $5.1 billion of revenue (74% of the total), followed by Global Technology and Operations at $1.8 billion (26%). 86% of revenue came from the United States. ## How Does Broadridge Financial Solutions Make Money? Investor Communication Solutions supplies 74% of revenue, so Broadridge Financial Solutions's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Global Technology and Operations grew fastest (+7.7%) and Investor Communication Solutions slowest (+5.3%), so the revenue mix tilts toward Global Technology and Operations while that gap lasts. | Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change | | --- | --- | --- | --- | --- | | Investor Communication Solutions | $5.1 billion | $4.9 billion | 74.2% | 5.3% | | Global Technology and Operations | $1.8 billion | $1.6 billion | 25.8% | 7.7% | ![Bar chart of Broadridge Financial Solutions revenue by segment for fiscal 2025: Investor Communication Solutions 74.2%, Global Technology and Operations 25.8%.](https://www.getswoopr.com/images/charts/broadridge-financial-solutions-business-model-segment-mix.webp) *Broadridge Financial Solutions revenue by segment as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.* ## What Does Broadridge Financial Solutions Sell? Broadridge Financial Solutions also breaks revenue down by product and service line, which shows what customers pay for rather than how management organizes the business. | Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change | | --- | --- | --- | --- | --- | | Recurring Fee Revenue | $4.5 billion | $4.2 billion | 65.4% | 6.8% | | Distribution Revenue | $2.1 billion | $2.0 billion | 29.9% | 3.2% | | Event Driven Revenue | $319 million | $285 million | 4.6% | 12.0% | ## Where Does Broadridge Financial Solutions's Revenue Come From? Regions follow the definitions in the filing; most companies assign revenue by customer location. | Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change | | --- | --- | --- | --- | --- | | United States | $5.9 billion | $5.6 billion | 85.7% | 5.1% | | United Kingdom | $465 million | $446 million | 6.7% | 4.2% | | Canada | $464 million | $394 million | 6.7% | 17.7% | | Others | $54 million | $47 million | 0.8% | 14.5% | ## What the Segment Figures Do Not Show The rows above add up to 100% of Broadridge Financial Solutions's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin. ## Where These Numbers Come From Every figure on this page is a value Broadridge Financial Solutions reported in the segment note and revenue disclosures of its Form 10-K filed August 5, 2025 (accession 0001628280-25-037656), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading. Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What are Broadridge Financial Solutions's business segments? In its fiscal 2025 Form 10-K, Broadridge Financial Solutions reports revenue for Investor Communication Solutions and Global Technology and Operations. ### Which part of Broadridge Financial Solutions brings in the most revenue? Investor Communication Solutions, with $5.1 billion of revenue in fiscal 2025, or 74% of the total. ### How much of Broadridge Financial Solutions's revenue comes from outside the United States? 14% in fiscal 2025, by the geographic breakdown Broadridge Financial Solutions reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies. ## References - [SEC EDGAR: BROADRIDGE FINANCIAL SOLUTIONS, INC. Form 10-K filed August 4, 2026](https://www.sec.gov/Archives/edgar/data/1383312/000162828026052243/br-20260630.htm) - [SEC EDGAR: BROADRIDGE FINANCIAL SOLUTIONS, INC. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1383312&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) - [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets) ## Related Pages - [Broadridge Financial Solutions company dossier](https://www.getswoopr.com/stocks/companies/broadridge-financial-solutions/) - [Broadridge Financial Solutions financial metrics](https://www.getswoopr.com/stocks/companies/broadridge-financial-solutions/metrics/) - [Broadridge Financial Solutions financial risk indicators](https://www.getswoopr.com/stocks/companies/broadridge-financial-solutions/risks/) - [Broadridge Financial Solutions peer comparison](https://www.getswoopr.com/stocks/companies/broadridge-financial-solutions/competitors/) - [Broadridge Financial Solutions business model and revenue mix](https://www.getswoopr.com/stocks/companies/broadridge-financial-solutions/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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