Current Assets

Allowance for Doubtful Accounts

Broadridge Financial Solutions Allowance for Doubtful Accounts increased by 20.3% to $14.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.8%, from $13.00M to $14.80M. Over 4 years (FY 2021 to FY 2025), Allowance for Doubtful Accounts shows an upward trend with a 7.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2026Apr 30, 2026

How to read this metric

An increase suggests rising credit risk or economic stress among the customer base.

Detailed definition

A contra-asset account that represents the estimated portion of accounts receivable that the company does not expect to...

Peer comparison

Standard across all utilities; levels are often influenced by regulatory mandates regarding service disconnection policies.

Metric ID: allowance_for_doubtful_accounts

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$9.30M$6.40M$5.80M$5.20M$6.80M$6.10M$5.90M$6.90M$7.20M$6.60M$6.60M$7.90M$9.70M$10.30M$12.70M$13.00M$12.50M$12.00M$12.30M$14.80M
QoQ Change-31.2%-9.4%-10.3%+30.8%-10.3%-3.3%+16.9%+4.3%-8.3%+0.0%+19.7%+22.8%+6.2%+23.3%+2.4%-3.8%-4.0%+2.5%+20.3%
YoY Change-26.9%-4.7%+1.7%+32.7%+5.9%+8.2%+11.9%+14.5%+34.7%+56.1%+92.4%+64.6%+28.9%+16.5%-3.1%+13.8%
Range$5.20M$14.80M
CAGR+10.3%
Avg YoY Growth+21.7%
Median YoY Growth+14.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is Broadridge Financial Solutions's allowance for doubtful accounts?
Broadridge Financial Solutions (BR) reported allowance for doubtful accounts of $14.80M in Q1 2026.
How has Broadridge Financial Solutions's allowance for doubtful accounts changed year-over-year?
Broadridge Financial Solutions's allowance for doubtful accounts increased by 13.8% year-over-year, from $13.00M to $14.80M.
What is the long-term trend for Broadridge Financial Solutions's allowance for doubtful accounts?
Over 4 years (2021 to 2025), Broadridge Financial Solutions's allowance for doubtful accounts has grown at a 7.7% compound annual growth rate (CAGR), from $9.30M to $12.50M.
What does allowance for doubtful accounts mean?
The estimated amount of customer debt that the company expects will not be paid.