---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-020225"
form_type: "8-K"
ticker: "NDAQ"
cik: "0001120193"
company_name: "NASDAQ, INC."
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T12:54:42.514033+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Nasdaq Reports Q4 and Full Year 2023 Results, Declares Quarterly Dividend

## Summary
- 2023 net revenues reached $3.9 billion, up 9% from 2022, with organic growth of 5%.
- Fourth quarter net revenues were $1.1 billion, up 23% year-over-year; Solutions revenues rose 32%.
- GAAP diluted EPS for 2023 was $2.08, down 8%; non-GAAP diluted EPS was $2.82, up 6%.
- Quarterly dividend declared at $0.22 per share, payable March 28, 2024 to holders of record March 14, 2024.
- Completed Adenza acquisition on Nov 1, 2023; ARR grew 29% to $2.6 billion.

## SEC filing metadata
- accession: 0001193125-24-020225
- form_type: 8-K
- ticker: NDAQ
- cik: 0001120193
- company_name: NASDAQ, INC.
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120193/000119312524020225/0001193125-24-020225-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120193/000119312524020225/d169716d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-020225
- JSON: https://secwatch.observer/filing/0001193125-24-020225.json
- Plain text: https://secwatch.observer/filing/0001193125-24-020225.txt

## Key facts
- Earnings Releases
  NASDAQ, INC. reported fourth quarter and full fiscal year of 2023 results: revenue Net Revenues* $ 1,117 23.3 % 6.5 % $ 3,895 8.7 % 5.0 %, EPS GAAP Diluted EPS $ 0.36 (25.0 )% $ 2.08 (8.0 )%.
  - Period: fourth quarter and full fiscal year of 2023
  - Revenue: Net Revenues* $ 1,117 23.3 % 6.5 % $ 3,895 8.7 % 5.0 %
  - EPS: GAAP Diluted EPS $ 0.36 (25.0 )% $ 2.08 (8.0 )%
  - Result: reported results
  source text: (Nasdaq: NDAQ) today reported financial results for the fourth quarter and year 2023. • 2023 net revenues 1 were $3.9 billion , an increase of 9% over 2022 and an increase of 5% organically. Solutions 2 revenues increased 13% , with organic growth 3 of 7% . Market Services net revenues were flat on a reported and organic basis. • Fourth quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120193/000119312524020225/0001193125-24-020225-index.htm
- Earnings Releases
  NASDAQ, INC. updated its 2024 guidance (initiated).
  - Period: 2024
  - Guidance: initiated
  - Result: guidance update
  source text: INITIATING 2024 EXPENSE AND TAX GUIDANCE 5 • The company is initiating its 2024 non-GAAP operating expense guidance to a range of $2,105 million to $2,185 million, and its 2024 non-GAAP tax rate guidance to be in the range of 24.5% to 26.5%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120193/000119312524020225/0001193125-24-020225-index.htm

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