Nasdaq, Inc. reported second-quarter 2026 results with revenue of $2.532B, net income of $507M and diluted EPS of $0.89, all up versus the year‑ago quarter as the company continued to expand subscription-led businesses and post strong market and listings activity.
Financial Highlights
- Revenue was $2.532B for Q2 2026, compared with $2.101B in the year‑ago quarter; YoY change 20.6%.
- Net income attributable to Nasdaq was $507M for Q2 2026, compared with $452M in the year‑ago quarter; YoY change 12.2%.
- Diluted earnings per share was $0.89 for Q2 2026, compared with $0.78 in the year‑ago quarter; YoY change 14.5%.
Business Highlights
- Revenue growth and profitability: Revenues less transaction-based expenses rose about 15% on a QoQ‑YoY basis, with operating income up 25% and net income up 12% in 2Q26.
- Channel shift to recurring SaaS: Financial Technology and Workflow & Insights delivered double-digit ARR and SaaS revenue growth, supporting a subscription-led expansion.
- Market and listings momentum: Record IPO proceeds of $105B in the quarter across 26 operating-company IPOs, a 74% win rate and increasing listed-company counts.
- Index and asset growth: Index business surpassed $1.0T ETP AUM with $109B net inflows on a trailing‑12‑month basis and new products expanding institutional and international offerings.
- Trading volume and market services: Market Services posted record net revenues supported by record U.S. equity options and higher matched market share on Nasdaq exchanges.
Original SEC Filing:
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