Strong Q2'26 earnings beat with double-digit growth

NASDAQ $NDAQ Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.5B (Est. $1.4B) 🟢; +15% YoY 🔹 Adj. EPS: $1.07 (Est. $0.98) 🟢; +25% YoY 🔹 ARR: $3.3B; +11% YoY 🔹 Index Revenue: $271M; +38% YoY Segment Net Revenue: 🔹 Capital Access Platforms: $621M; +19% YoY 🔹 Financial Technology: $539M; +16% YoY 🔹 Market Services: $340M; +11% YoY Other Q2 Metrics: 🔹 Solutions Revenue: $1.16B; +17% YoY 🔹 Index ETP AUM: $1.11T FY26 Guide: 🔹 Non-GAAP Operating Expense: $2.53B-$2.57B 🔹 Non-GAAP Tax Rate: 22.5% to 24.5% Comments: 🔸 “Nasdaq delivered an outstanding second quarter, defined by new records and milestones. We delivered double-digit growth across all three divisions, surpassed $1 trillion in Index ETP AUM, and listed SpaceX, the largest IPO in exchange history.” 🔸 “Nasdaq's second quarter results mark another quarter of excellent Solutions revenue growth, expanding operating margins, strong EPS growth, and robust cash flow generation.”