AI Earnings Predictions for Donnelley Financial Solutions Inc. (DFIN)

EX-99.1

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EX-99.1

EX-99.1

Exhibit 99.1

DFIN Reports Third-Quarter 2026 Results

CHICAGO – October 29, 2026 – Donnelley Financial Solutions, Inc. (NYSE: DFIN) (the “Company” or “DFIN”) today reported financial results for the third quarter of 2026.

Third-Quarter 2026

Third-Quarter 2025

$ Change

% Change

GAAP Metrics

Net Sales

$185.0 million

$175.3 million

$9.7 million

5.5%

Net Earnings (Loss)

$21.3 million

($40.9 million)

$62.2 million

nm

Operating Cash Flow(a)

$98.2 million

$74.4 million

$23.8 million

32.0%

Non-GAAP Metrics(b)

Adjusted EBITDA

$54.4 million

$49.5 million

$4.9 million

9.9%

Adjusted EBITDA margin

29.4%

28.2%

nm

120 bps

Adjusted Non-GAAP Net Earnings

$26.8 million

$23.7 million

$3.1 million

13.1%

Free Cash Flow(c)

$85.8 million

$59.2 million

$26.6 million

44.9%

(a) Operating Cash Flow is defined as net cash provided by operating activities.

(b) Adjusted EBITDA, Adjusted EBITDA margin, adjusted non-GAAP net earnings, Free Cash Flow, gross leverage and net leverage are non-GAAP financial measures that exclude the impact of certain items noted in the reconciliation tables below. The tables below provide reconciliations to the most comparable GAAP measures.

(c) Free Cash Flow is defined as net cash provided by operating activities less capital expenditures.

nm - Not meaningful.

Highlights for the third quarter of 2026:

• Total net sales of $185.0 million, an increase of $9.7 million, or 5.5%, from the third quarter of 2025.

• Software solutions net sales of $95.2 million, an increase of 5.0% from the third quarter of 2025; Software solutions net sales accounted for 51.5% of total net sales.

• Net earnings of $21.3 million, or $0.85 per diluted share, as compared to a net loss of $40.9 million, or $1.49 per diluted share, in the third quarter of 2025.

o Adjusted non-GAAP net earnings(b) of $26.8 million, or $1.07 per diluted share, as compared to $23.7 million, or $0.86 per diluted share, in the third quarter of 2025.

• Adjusted EBITDA(b) of $54.4 million, up $4.9 million, or 9.9%, from the third quarter of 2025; Adjusted EBITDA margin(b) of 29.4%, up approximately 120 basis points from the third quarter of 2025.

• Operating Cash Flow(a) improvement of $23.8 million and Free Cash Flow(b)(c) improvement of $26.6 million from the third quarter of 2025.

• Gross leverage(b) of 0.5x and net leverage(b) of 0.4x as of September 30, 2026.

• The Company repurchased 146,672 shares for approximately $6.9 million at an average price of $46.98 per share. As of September 30, 2026, there was $118.5 million remaining on the current $150 million share repurchase authorization.

“We are pleased with our performance in the quarter, which featured 5.5% consolidated net sales growth, an increase in Adjusted EBITDA, and Adjusted EBITDA margin expansion. Software solutions net sales increased 5.0% versus the third quarter of 2025, driven by the continued momentum of ActiveDisclosure, a component of our compliance offerings, which grew approximately 24% as we continued to expand client adoption, increase the value of our offering, and migrate certain traditional services onto the platform. Software solutions net sales accounted for 51.5% of total net sales, similar to last year’s third-quarter software sales mix, despite a moderate increase in both tech-enabled services and print and distribution net sales,” said Daniel N. Leib, DFIN’s President and Chief Executive Officer.

Leib continued, “During the third quarter, capital markets deal volume moderated from the levels we experienced during the first half of the year, especially in the number of priced IPOs, though overall market activity continued to improve compared to the third quarter of last year, resulting in higher capital markets transactional revenue. The combination of higher overall net sales and ongoing operating efficiencies expanded third-quarter Adjusted EBITDA margin to 29.4%, an increase of approximately 120 basis points year-over-year. Additionally, improved profitability and disciplined working capital management contributed to strong year-over-year growth in both operating cash flow and free cash flow.”

“Entering the fourth quarter, we are encouraged by the continued momentum of our strong operating performance. As we celebrate DFIN’s 10th anniversary as an independent company, we remain focused on building on the strong foundation we have created over the past decade and positioning DFIN for our next chapter of growth and long-term value creation,” Leib concluded.

Net Sales

Net sales in the third quarter of 2026 were $185.0 million, an increase of $9.7 million, or 5.5%, from the third quarter of 2025. Net sales increased primarily due to an increase in software solutions net sales driven by ActiveDisclosure and higher capital markets transactional volumes.

Net Earnings (Loss)

For the third quarter of 2026, net earnings were $21.3 million, or $0.85 per dilute

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EX-99.1

Exhibit 99.1

DFIN Reports Second-Quarter 2026 Results

CHICAGO – July 30, 2026 – Donnelley Financial Solutions, Inc. (NYSE: DFIN) (the “Company” or “DFIN”) today reported financial results for the second quarter of 2026.

Second-Quarter 2026

Second-Quarter 2025

$ Change

% Change

Net Sales

$224.2 million

$218.1 million

$6.1 million

2.8%

Net Earnings

$36.4 million

$36.1 million

$0.3 million

0.8%

Adjusted EBITDA(a)

$82.3 million

$76.3 million

$6.0 million

7.9%

Operating Cash Flow(b)

$74.7 million

$68.4 million

$6.3 million

9.2%

Free Cash Flow(a)

$61.2 million

$51.7 million

$9.5 million

18.4%

Diluted Shares Outstanding(c)

25.3 million

28.2 million

(2.9 million)

(10.3%)

Highlights for the second quarter of 2026:

• Total net sales of $224.2 million, an increase of $6.1 million, or 2.8%, from the second quarter of 2025. Total net sales were comprised of:

o Software solutions net sales of $99.4 million, an increase of $7.2 million, or 7.8%,

o Tech-enabled services net sales of $90.2 million, an increase of $5.0 million, or 5.9%,

o Print and distribution net sales of $34.6 million, a decrease of $6.1 million, or 15.0%.

• Software solutions net sales accounted for 44.3% of total net sales, up from 42.3% in the second quarter of 2025.

• Net earnings of $36.4 million, or $1.44 per diluted share, as compared to $36.1 million, or $1.28 per diluted share, in the second quarter of 2025.

• Adjusted EBITDA(a) of $82.3 million, up $6.0 million, or 7.9%, from the second quarter of 2025; Adjusted EBITDA margin(a) of 36.7%, up approximately 170 basis points from the second quarter of 2025.

• Gross leverage(a) of 0.8x and net leverage(a) of 0.7x as of June 30, 2026.

• The Company repurchased 763,451 shares for approximately $34.7 million at an average price of $45.48 per share. As of June 30, 2026, there was $125.4 million remaining on our current $150 million share repurchase authorization.

• Appointed Ken Napolitano as Chief Revenue Officer to advance the Company’s sales transformation and support its long-term growth strategy.

(a) Adjusted EBITDA, Adjusted EBITDA margin, Free Cash Flow, gross leverage and net leverage are non-GAAP financial measures that exclude the impact of certain items noted in the reconciliation tables below. The tables below provide reconciliations to the most comparable GAAP measures.

(b) Defined as net cash provided by operating activities.

(c) Defined as diluted weighted-average number of common shares outstanding.

“We are pleased with our strong second-quarter results, which reflect continued momentum in our operating performance, as we delivered the third consecutive quarter of consolidated net sales growth, an increase in Adjusted EBITDA, and Adjusted EBITDA margin expansion. Total net sales increased by 2.8% from the second quarter of 2025, primarily driven by a rebound in capital markets transactional activity as well as continued growth of our software solutions, despite a moderate decline in traditional compliance revenue, part of which was related to lower print and distribution revenue. The growth in higher-margin capital markets transactional and software solutions net sales, along with the impact of permanent changes to our cost structure and ongoing operating efficiencies, expanded second-quarter Adjusted EBITDA margin to 36.7%, an increase of approximately 170 basis points year-over-year. Additionally, improved profitability combined with lower capital expenditures resulted in strong improvements in both operating cash flow and free cash flow,” said Daniel N. Leib, DFIN’s President and Chief Executive Officer.

Leib continued, “During the second quarter, we continued to execute our strategy to expand the adoption of our software solutions offerings. We delivered record quarterly software solutions net sales of $99.4 million, an increase of 7.8% compared to the second quarter of 2025, driven by the continued momentum in ActiveDisclosure, a component of our compliance offerings, which grew approximately 29%. Venue delivered strong sequential net sales improvement, which resulted in modest year-over-year growth despite overlapping a large project which benefited last year’s second-quarter sales. Software solutions net sales made up 44.3% of second-quarter 2026 total net sales, an increase from 42.3% of last year’s second-quarter sales mix. In addition, the capital markets transactional environment remained active during the second quarter, despite heightened geopolitical uncertainty and market volatility, resulting in better-than-expected transactional revenue.”

“Our second-quarter performance, including the momentum of our top- and bottom-line results, highlights the progress we are making in our transformation. Our strategy and focus have resulted in DFIN being fundamentally and sustainably more profitable, as we continue to invest to achieve a more recurring sales mix, while aggressively managing

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EX-99.1

Exhibit 99.1

DFIN Reports First-Quarter 2026 Results

CHICAGO – May 5, 2026 – Donnelley Financial Solutions, Inc. (NYSE: DFIN) (the “Company” or “DFIN”) today reported financial results for the first quarter of 2026.

First-Quarter 2026

First-Quarter 2025

$ Change

% Change

Net Sales

$205.5 million

$201.1 million

$4.4 million

2.2%

Net Earnings

$33.5 million

$31.0 million

$2.5 million

8.1%

Adjusted EBITDA(a)

$70.6 million

$68.2 million

$2.4 million

3.5%

Operating Cash Flow(b)

($5.6 million)

($37.7 million)

$32.1 million

85.1%

Free Cash Flow(a)

($16.0 million)

($51.0 million)

$35.0 million

68.6%

Diluted Shares Outstanding(c)

26.3 million

29.5 million

(3.2 million)

(10.8%)

Highlights for the first quarter of 2026:

• Total net sales of $205.5 million, an increase of $4.4 million, or 2.2%, from the first quarter of 2025.

• Software solutions net sales of $91.7 million, an increase of 8.4% from the first quarter of 2025; Software solutions net sales accounted for 44.6% of total net sales, up from 42.1% in the first quarter of 2025.

• Net earnings of $33.5 million, or $1.27 per diluted share, as compared to $31.0 million, or $1.05 per diluted share, in the first quarter of 2025.

• Adjusted EBITDA(a) of $70.6 million, up $2.4 million, or 3.5%, from the first quarter of 2025; Adjusted EBITDA margin(a) of 34.4%, up approximately 50 basis points from the first quarter of 2025.

• Operating Cash Flow(b) improvement of $32.1 million and Free Cash Flow(a) improvement of $35.0 million from the first quarter of 2025.

• Gross leverage(a) of 0.9x and net leverage(a) of 0.8x as of March 31, 2026.

• The Company repurchased 594,782 shares for approximately $28.3 million at an average price of $47.58 per share. The Board of Directors authorized a new share repurchase program of up to $150 million, commencing on April 17, 2026, with an expiration date of December 31, 2027. This replaces the previous authorization, which had $25.5 million remaining as of March 31, 2026.

(a) Adjusted EBITDA, Adjusted EBITDA margin, Free Cash Flow, gross leverage and net leverage are non-GAAP financial measures that exclude the impact of certain items noted in the reconciliation tables below. The tables below provide reconciliations to the most comparable GAAP measures.

(b) Defined as net cash used in operating activities.

(c) Defined as diluted weighted-average number of common shares outstanding.

“We are pleased with the continued momentum in our performance during the first quarter, including consolidated net sales growth, an increase in Adjusted EBITDA, and Adjusted EBITDA margin expansion compared to the first quarter of 2025. Software solutions net sales increased 8.4% versus the first quarter of 2025, driven by the performance of ActiveDisclosure, a component of our compliance platform, which grew approximately 21%. Software solutions net sales accounted for 44.6% of total first-quarter net sales, up approximately 250 basis points from last year’s first-quarter sales mix, despite a moderate increase in print and distribution net sales as a result of a large special proxy project. Our first-quarter results once again demonstrated the durability of our operating model across various market conditions,” said Daniel N. Leib, DFIN’s President and Chief Executive Officer.

Leib continued, “The level of capital markets deal activity remained strong to start the year, though heightened market volatility stemming from rising geopolitical conflicts dampened deal activity in March. Despite the increased uncertainty, our performance resulted in better-than-expected first-quarter capital markets transactional revenue. Adjusted EBITDA margin expanded to 34.4% in the quarter, approximately 50 basis points higher than last year’s first quarter, and reflects our evolving sales mix, permanent changes to our cost structure, and operating efficiencies. Additionally, improved working capital management combined with lower capital expenditures resulted in strong year-over-year improvements in both operating cash flow and free cash flow.”

“Entering the second quarter, despite the recent volatility in market and macroeconomic conditions, our strong mix of recurring compliance offerings provides a stable foundation to execute our strategy. Moving forward, our focus remains unchanged – invest to improve our sales mix, aggressively manage our cost structure, and allocate capital in a disciplined manner – all aimed at enhancing our ability to continue to execute our software-focused strategy. Our portfolio of market-leading regulatory and compliance offerings and deep domain and service expertise position us well to serve the current and future needs of our clients,” Leib concluded.

Net Sales

Net sales in the first quarter of 2026 were $205.5 million, an increase of $4.4 million, or 2.2%, from the first quarter of 2025. Net sales increased primarily due to growth in software solut