Broadridge Financial Solutions, Inc. stock research
FY2025 Q3
Broadridge Financial Solutions (BR) Gross Margin — Quarter Ended Mar 31, 2025
Revenue and gross profit both increased compared to the prior quarter, with gross profit rising at a faster rate, leading to an improved gross margin. Versus the same quarter last year, revenue and gross profit were also higher, and gross margin was slightly higher.
Gross margin takeaway
Quarter ended Mar 31, 2025 · FY2025 Q3
Revenue and gross profit both increased compared to the prior quarter, with gross profit rising at a faster rate, leading to an improved gross margin. Versus the same quarter last year, revenue and gross profit were also higher, and gross margin was slightly higher.
- The gross margin improvement was driven by gross profit increasing more rapidly than revenue when compared to the immediately preceding quarter.
- Gross margin improved from the prior quarter and was slightly higher than the same quarter one year earlier. Revenue and gross profit were higher in both comparisons.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
31.8%
Gross profit
$575.8M
Revenue
$1.8B
Cost of revenue
$1.2B
Quarter-over-quarter change
+3.9 pts
Year-over-year change
+0.6 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2024 | $1.9B | $691.2M | $1.3B | 35.6% |
| Sep 30, 2024 | $1.4B | $347.9M | $1.1B | 24.5% |
| Dec 31, 2024 | $1.6B | $443.4M | $1.1B | 27.9% |
| Mar 31, 2025 | $1.8B | $575.8M | $1.2B | 31.8% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2024
+3.9 pts
Year-over-year change
Mar 31, 2024
+0.6 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The gross margin improvement was driven by gross profit increasing more rapidly than revenue when compared to the immediately preceding quarter.
Gross margin improved from the prior quarter and was slightly higher than the same quarter one year earlier. Revenue and gross profit were higher in both comparisons.
Monitor the trend in cost of revenue relative to revenue, as changes in this relationship directly affect gross margin.