Quarterly ResultJul 23, 2026, 07:03 AM
Nasdaq Q2 Net Revenue $1.5B, +15%; Non-GAAP EPS $1.07, +25%
AI Summary
Nasdaq, Inc. reported strong financial results for the second quarter of 2026, with net revenue increasing 15% to $1.5 billion and non-GAAP diluted earnings per share rising 25% to $1.07. The company achieved double-digit growth across all three divisions, with Solutions revenue up 17% and Annualized Recurring Revenue (ARR) growing 11% to $3.3 billion. Nasdaq also reached significant milestones, including Index ETP assets under management exceeding $1 trillion and listing SpaceX, the largest IPO in exchange history. Management expressed confidence in continued leadership and long-term value creation.
Key Highlights
- Net revenue increased 15% to $1.5 billion on both a reported and adjusted basis.
- Solutions revenue grew 17% on both a reported and adjusted basis.
- Annualized Recurring Revenue (ARR) rose 11% to $3.3 billion, or 12% organically.
- Non-GAAP diluted EPS increased 25% to $1.07 on both a reported and adjusted basis.
- Returned $174 million to shareholders through dividends and $356 million through repurchases.
- Index ETP AUM surpassed $1 trillion for the first time, with $51 billion net inflows in Q2.
- Listed SpaceX, the largest IPO in exchange history, raising $86 billion.
- Updated 2026 non-GAAP operating expense guidance to $2.530 billion to $2.570 billion.
Price Impact
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