---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-111540"
form_type: "8-K"
ticker: "NDAQ"
cik: "0001120193"
company_name: "NASDAQ, INC."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:27:57.319052+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nasdaq Q1 net rev $1.12B (+22%), GAAP EPS $0.40 (-34%), raises dividend 9% to $0.24

## Summary
- Solutions revenue $871M (+35% YoY, +11% organic); Index revenue $168M (+53%), ETP AUM >$500B.
- Market Services net rev $237M (-9% YoY) on declines in U.S. equity derivatives, tape plan, cash equities.
- Non-GAAP diluted EPS $0.63 (-9% reported, +6% organic); non-GAAP op expense guidance updated to $2,125-2,185M.
- Quarterly dividend increased 9% to $0.24/share, payable June 28 to holders of record June 14.
- Returned $127M via dividends; no share repurchases in Q1; repaid remaining $340M term loan balance.

## SEC filing metadata
- accession: 0001193125-24-111540
- form_type: 8-K
- ticker: NDAQ
- cik: 0001120193
- company_name: NASDAQ, INC.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120193/000119312524111540/0001193125-24-111540-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120193/000119312524111540/d806601d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-111540
- JSON: https://secwatch.observer/filing/0001193125-24-111540.json
- Plain text: https://secwatch.observer/filing/0001193125-24-111540.txt

## Key facts
- Earnings Releases
  NASDAQ, INC. reported the first quarter of 2024 results: revenue $1.1 billion, EPS $0.40. Guidance lowered.
  - Period: the first quarter of 2024
  - Revenue: $1.1 billion
  - EPS: $0.40
  - Guidance: lowered
  - Result: reported results
  source text: Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the first quarter of 2024. • First quarter 2024 net revenues 1 were $1.1 billion , an increase of 22% over the first quarter of 2023, up 6% organically 2 or 7% on a pro forma 3 basis, including Adenza in the first quarter of 2023 results for Nasdaq.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120193/000119312524111540/0001193125-24-111540-index.htm

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