Nasdaq Reports Q3 2026 Earnings Growth and Declares Quarterly Dividend

Executive Summary

On October 22, 2026, Nasdaq, Inc. (NASDAQ: NDAQ) filed a Current Report on Form 8-K disclosing its financial results for the third quarter of 2026 (Item 2.02), publishing earnings presentation materials (Item 7.01), and announcing the declaration of a quarterly cash dividend (Item 8.01).

Key Financial Highlights (Q3 2026)

• Net Revenue: Reached $1.5 billion, representing a 13% increase year-over-year (14% on an organic basis).
• Solutions Revenue: Increased 17% reported and 18% organically.
• Annualized Recurring Revenue (ARR): Totaled $3.4 billion, growing 12% reported (14% organic). Annualized SaaS revenue rose 12% (16% organic) and comprised 38% of total ARR.
• Financial Technology Division: Revenue expanded 16% to $529 million on both a reported and organic basis.
• Index Revenue: Reached $286 million, climbing 39% year-over-year, driven by $141 billion in trailing twelve-month net inflows (including $49 billion in Q3 2026 alone).
• Diluted Earnings Per Share (GAAP): Stood at $0.96, an increase of 31% over Q3 2025.

Other Corporate Matters

• Dividend Declaration: The Board of Directors declared a quarterly cash dividend, detailed in Exhibit 99.2.
• Market Infrastructure & Strategic Developments: CEO Adena Friedman noted key milestones including the establishment of Nasdaq Digital Liquidity Networks within Market Services and accelerating momentum toward AI-driven market infrastructure.