---
schema_version: "secwatch.filing_event.v1"
accession: "0001120193-26-000017"
form_type: "8-K"
ticker: "NDAQ"
cik: "0001120193"
company_name: "NASDAQ, INC."
filed_at: "2026-10-22T11:26:37+00:00"
generated_at: "2026-10-22T11:30:27.962412+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Nasdaq Q3 2026 revenue rises 13% to $1.48B; GAAP EPS $0.96, non-GAAP $1.04; dividend held at $0.31

## Summary
- 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.

## SEC filing metadata
- accession: 0001120193-26-000017
- form_type: 8-K
- ticker: NDAQ
- cik: 0001120193
- company_name: NASDAQ, INC.
- filed_at: 2026-10-22T11:26:37+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120193/000112019326000017/0001120193-26-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120193/000112019326000017/ndaq-20261022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001120193-26-000017
- JSON: https://secwatch.observer/filing/0001120193-26-000017.json
- Plain text: https://secwatch.observer/filing/0001120193-26-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.