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Adjusted EBITDA by Segment
Evaluates profitability across business segments, offering insight into operational efficiency and financial health.DFIN’s EBITDA profile is clearly tilting toward software: both Capital Markets Software and Investment Companies Software show steady, multi-quarter EBITDA gains and improved margins, while the much larger Compliance & Communications line stays volatile and tied to transaction cycles and secular print decline. Management’s Q1 margin expansion, ActiveDisclosure/AI momentum and aggressive buybacks support the higher‑margin transition, but near-term transactional volatility and negative free‑cash‑flow sensitivity keep Compliance EBITDA—and overall cash conversion—risk factors to watch.
Date | Capital Markets Software Solutions | Capital Markets Compliance and Communications Management | Investment Companies Software Solutions |
|---|---|---|---|
Jun 30, 2026 | $23.70M | $40.20M | $14.60M |
Mar 31, 2026 | $19.20M | $33.70M | $13.10M |
Dec 31, 2025 | $18.10M | $20.70M | $11.70M |
Sep 30, 2025 | $20.60M | $19.60M | $11.60M |
Jun 30, 2025 | $22.40M | $36.80M | $14.20M |
Mar 31, 2025 | $13.90M | $36.70M | $12.80M |
Dec 31, 2024 | $13.30M | $13.60M | $11.70M |
Sep 30, 2024 | $13.20M | $20.10M | $8.90M |
Jun 30, 2024 | $21.20M | $45.80M | $11.10M |
Mar 31, 2024 | $15.80M | $31.40M | $8.00M |