NDAQ
Nasdaq, Inc.92.93
+0.00+0%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
53.32BP/E (TTM)
33.19Basic EPS (TTM)
2.80Dividend Yield
0.01%Recent Filings
8-K
8-K
8-K
Nasdaq Q3 revenue tops $1.3B
Nasdaq reported Q3 2025 net revenue of $1.3 billion, up 15% year-over-year, with Solutions revenue hitting $1.0 billion for the first time and ARR reaching $3.0 billion, up 10%. Financial Technology surged 23% to $457 million, fueled by strong client wins in crime management and regulatory tech, while Index revenue climbed 13% on $17 billion quarterly inflows. The board declared a $0.27 quarterly dividend, payable December 19. Nasdaq updated 2025 non-GAAP operating expenses to $2.305-$2.335 billion.
10-Q
Q2 FY2025 results
Nasdaq's Q2 revenue climbed 16.5% y/y to $2.1B, with Market Services surging 23.3% on record U.S. cash equities and derivatives volumes, while Capital Access Platforms and Financial Technology grew 9.8% and 10.3% y/y, respectively, fueled by new listings and SaaS subscriptions. Operating income jumped 34.2% y/y to $568M, lifting diluted EPS 103% y/y to $0.78, reconciled against 579M shares with no anti-dilution flagged. Free cash flow hit $1.3B YTD (derived), bolstering $732M cash and $9.2B debt after repaying $400M notes. The Nordic power futures divestiture closed in June for $39M gain, releasing capital by mid-2026. Yet regulatory scrutiny in Europe poses risks to derivatives trading.
8-K
Nasdaq Q2 revenue surges 13%
Nasdaq reported Q2 2025 net revenue of $1.3 billion, up 13% year-over-year, fueled by 22% growth in Market Services and 10% in Solutions, while ARR hit $2.9 billion, rising 10%. Non-GAAP diluted EPS climbed 24% to $0.85 amid record U.S. equities volumes and $20 billion in Index inflows. The board declared a $0.27 quarterly dividend, payable September 26. Nasdaq hit its leverage target early, yet expenses ticked up on tech investments.
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