earnings
confidence high
sentiment positive
materiality 0.75
Nasdaq Q3 net revenue $1.3B (+15% YoY); ARR reaches $3B milestone
NASDAQ, INC.
2025-Q3 EPS reported
$2.19
revenue$6,138,000,000
- Net revenue $1.3B (+15% YoY); Solutions revenue surpassed $1B for first time; ARR $3.0B (+10%).
- GAAP diluted EPS $0.73 (+38%); Non-GAAP diluted EPS $0.88 (+19%).
- Financial Technology revenue $457M (+23%); Index revenue $206M (+13%, $91B net inflows TTM).
- 2025 non-GAAP op expense guidance raised to $2.305-2.335B; non-GAAP tax rate lowered to 22.5-23.5%.
- Quarterly dividend $0.27/share declared, payable Dec 19 to holders of record Dec 5.