Nasdaq reports Q3 2026 earnings beat with 19% EPS jump and record ARR
Nasdaq announced third‑quarter 2026 results showing non‑GAAP diluted EPS of $1.04, beating consensus by $0.02, and net revenue of about $1.5 billion, up roughly 14% year‑over‑year. Solutions revenue reached $1.2 billion, up 18% on a reported basis, while annualized recurring revenue grew 14% to $3.4 billion. The company raised its 2026 non‑GAAP operating expense guidance to $2.55‑$2.58 billion and completed the acquisition of Level Markets.
Why it matters
The earnings beat and strong revenue growth reinforce Nasdaq’s growth trajectory, supporting its share‑repurchase program and dividend payouts. However, the higher expense guidance, noted in the earnings release, could compress margins if spending outpaces revenue growth.
Key facts
- 1Non‑GAAP diluted EPS was $1.04, $0.02 above consensus. uk.investing.com
- 2Net revenue was about $1.5 billion, up 14% year‑over‑year on a reported basis. nasdaq.com
- 3Solutions revenue was $1.2 billion, up 18% on a reported basis. uk.investing.com
- 4Annualized recurring revenue (ARR) increased 14% to $3.4 billion. uk.investing.com
- 52026 non‑GAAP operating expense guidance was raised to a range of $2.55 billion‑$2.58 billion. nasdaq.com
- 6Shareholder returns included a $173 million dividend and $323 million of stock repurchases. nasdaq.com
Summary written by AlphAI AI Desk from 20 of 20 sources. Not investment advice. Figures are as stated by the linked sources.