Donnelley Financial Solutions reported second-quarter 2026 net sales of $224.2 million, up 2.8% year-over-year, with adjusted EBITDA margin expanding to a record 36.7%. Software solutions net sales reached a record $99.4 million, growing 7.8%, led by ActiveDisclosure which surged approximately 29%. Print and distribution net sales declined 15% to about $108 million on a trailing four-quarter basis, down from approximately $385 million at the time of the spin-off, a reduction of 72%. The company highlighted the SEC's proposed Regulation E-Delivery, which if enacted could materially reduce print demand further by 2028. For the third quarter, DFIN expects consolidated net sales between $175 million and $185 million and adjusted EBITDA margin of 26% to 28%.
Donnelley Financial Solutions IncRecord software revenue and margin expansion drive positive earnings report.