Broadridge Financial Solutions, Inc. stock research
FY2025 Q4
Broadridge Financial Solutions (BR) Gross Margin — Quarter Ended Jun 30, 2025
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year. Gross margin improved sequentially and year-over-year, as cost of revenue rose less than revenue relative to the prior quarter and remained unchanged from the year-ago period.
Gross margin takeaway
Quarter ended Jun 30, 2025 · FY2025 Q4
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year. Gross margin improved sequentially and year-over-year, as cost of revenue rose less than revenue relative to the prior quarter and remained unchanged from the year-ago period.
- Revenue increased more than cost of revenue compared to the prior quarter, and cost of revenue was unchanged from the year-ago quarter while revenue was higher.
- Current quarter gross margin is higher than both the immediately preceding quarter and the same quarter one year earlier. Revenue and gross profit are also higher in both comparisons.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
37.3%
Gross profit
$769.8M
Revenue
$2.1B
Cost of revenue
$1.3B
Quarter-over-quarter change
+5.5 pts
Year-over-year change
+1.7 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 |
|---|---|---|---|---|
| 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% |
| Jun 30, 2025 | $2.1B | $769.8M | $1.3B | 37.3% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 31, 2025
+5.5 pts
Year-over-year change
Jun 30, 2024
+1.7 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Revenue increased more than cost of revenue compared to the prior quarter, and cost of revenue was unchanged from the year-ago quarter while revenue was higher.
Current quarter gross margin is higher than both the immediately preceding quarter and the same quarter one year earlier. Revenue and gross profit are also higher in both comparisons.
Monitor the trend of cost of revenue relative to revenue in upcoming quarters.