Nasdaq Tops Second-Quarter Earnings and Revenue Forecasts on $1.5 Billion in Sales
Nasdaq reported second-quarter revenue of $1.5 billion and adjusted earnings of $1.07 a share, topping consensus estimates of $1.4 billion and $0.98. The exchange posted double-digit year-over-year growth across all three business divisions, driven by a 38% increase in index revenue to $271 million and $1.16 billion in solutions sales.
The quarter also saw the exchange cross $1 trillion in index exchange-traded product assets under management and complete the listing of SpaceX, which management described as the largest initial public offering in company history. For the full year, Nasdaq guided non-GAAP operating expenses to between $2.53 billion and $2.57 billion, with a non-GAAP tax rate between 22.5% and 24.5%.
From the sources (3 posts)
@stockmktnewzNASDAQ $NDAQ JUST REPORTED EARNINGS EPS of $1.07 beating expectations of $0.98🟢 Revenue of $1.5B beating expectations of $1.45B🟢
@xnewsglobalen🔴 NASDAQ Q2: Adj EPS $1.07 beats $0.98 est. Revenue $1.5B. FY adj op ex guidance $2.53-2.57B. Follow:
@wallstengineNASDAQ $NDAQ Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.5B (Est. $1.4B) 🟢; +15% YoY 🔹 Adj. EPS: $1.07 (Est. $0.98) 🟢; +25% YoY 🔹 ARR: $3.3B; +11% YoY 🔹 Index Revenue: $271M; +38% YoY Segment Net Revenue: 🔹 Capital Access Platforms: $621M; +1