From BigGo Finance · BigGo Finance · · 1m 10s
Nasdaq Revenue Surges 39% to $286 Million in Q3
Nasdaq's index revenue jumps 39% to $286 million as Q3 results beat estimates.
In brief
Nasdaq's index revenue jumps 39% to $286 million as Q3 results beat estimates. Nasdaq reported Q3 revenue of $1.48 billion, with index revenue up 39% to $286 million on record net inflows of $49 billion. Originally reported by BigGo Finance.
Nasdaq Q3 Results
Nasdaq Inc. reported third-quarter adjusted earnings of $1.04 per share and revenue of $1.48 billion, both above analyst consensus.
Index Revenue Surges
Index revenue jumped 39% to $286 million on record net inflows of $49 billion during the quarter.
Financial Technology Growth
Financial Technology revenue rose 16% to $529 million, with annualized recurring revenue reaching a record $3.4 billion.
Profitability Improves
Adjusted operating income grew 15% to $843 million at a 57% margin, while GAAP diluted EPS climbed 31% to 96 cents.
Shareholder Returns
The company returned $496 million to shareholders, declared a 31-cent quarterly dividend and raised its fiscal 2026 adjusted operating expense guidance.
Strategic Moves
Nasdaq completed two strategic moves: formation of Digital Liquidity Networks and acquisition of LeveL Markets.
What Happens Next
Nasdaq raised its fiscal 2026 adjusted operating expense guidance to $2.550 billion to $2.580 billion, signaling continued tech investment.
Here's the gist
Nasdaq reported Q3 revenue of $1.48 billion, with index revenue up 39% to $286 million on record net inflows of $49 billion.
