Nasdaq (NDAQ) reported a Q3 2026 net revenue of $1.5 billion, marking a 14% increase year-over-year on an organic basis. The company’s Solutions revenue grew by 18%, contributing $1.2 billion to total revenue for the quarter. Non-GAAP diluted earnings per share rose to $1.04, an 18% increase from the previous year.
During the earnings call, Nasdaq Chair and CEO Adena Friedman highlighted the company’s strategic initiatives, including the acquisition of LeveL Markets, which positions Nasdaq as a leader in alternative trading systems. The company returned $496 million to shareholders through dividends and stock repurchases and celebrated listing 8 of the 10 largest IPOs in the quarter.
Additionally, Nasdaq’s Annualized Recurring Revenue (ARR) increased to $3.4 billion, up 12% year-over-year, while the Market Services division achieved record net revenue of $309 million due to higher industry volumes. Nasdaq plans to launch 23/5 trading on December 6, aiming to enhance its market infrastructure.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
