earnings
confidence high
sentiment positive
materiality 0.72
Nasdaq Q3 2026 revenue rises 13% to $1.48B; GAAP EPS $0.96, non-GAAP $1.04; dividend held at $0.31
NASDAQ, INC.
- Net revenue $1.481B, up 13% YoY (14% organic); Solutions revenue $1.172B, up 17%, Market Services $309M, up 2%.
- GAAP diluted EPS $0.96, up 31%; non-GAAP diluted EPS $1.04, up 18%; GAAP operating income $732M, up 25%; non-GAAP operating income $843M, up 15%.
- ARR $3.365B, up 12% (14% organic); Index revenue $286M, up 39%; record $141B trailing-twelve-month net inflows, including $49B in Q3; ETP AUM $1.160T.
- 2026 non-GAAP operating expense guidance updated to $2.550B-$2.580B; non-GAAP tax rate maintained at 22.5%-24.5%; returned $173M via dividends and $323M via buybacks in Q3.
- Declared quarterly dividend of $0.31/share, payable Dec. 18, 2026 to holders of record Dec. 4; LeveL Markets acquisition closed early Q4 within new Digital Liquidity Networks.