Nasdaq, Inc. (NDAQ) Earnings Call Transcripts
Nasdaq, Inc.'s Latest Earnings Call - September 24, 2026
In the third quarter of fiscal year 2026, Nasdaq, Inc. (NDAQ:US) reported strong financials, with revenue reaching $1.2 billion, up 12% year-over-year, and earnings per share (EPS) of $1.05, exceeding expectations by $0.10. Management highlighted a significant shift towards technology and information services, now comprising nearly 80% of total revenue, and expressed confidence in continued growth driven by advancements in AI and digital assets. Guidance for the upcoming quarter remains optimistic, with expectations for mid-teens revenue growth and further expansion in their financial crime management segment.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $1.2B (beat) |
| EPS | $1.05 (beat) |
| Non-Trading Revenue Percentage | 80% (positive) |
| Mid-Teens Revenue Growth Guidance | Mid-teens (inline) |
| Financial Crime Management Growth | 20 new Tier 1 banks (positive) |
| IPO Capital Raised | $110M (positive) |
Guidance from management
Management maintained guidance for mid-teens revenue growth in the upcoming quarter, reflecting confidence in their strategic initiatives and market positioning.
What analysts pressed on
Analysts expressed concerns regarding the competitive landscape in financial crime management and the potential impact of regulatory changes on trading volumes. There were questions about how Nasdaq plans to differentiate its tokenization efforts amid numerous competing initiatives in the market.
Main topics on the call
- Strategic Shift to Technology Services — Management emphasized that nearly 80% of Nasdaq's revenue now comes from non-trading businesses, including indexing and corporate services. CFO Sarah Youngwood stated, "We are a rule of 70 business... 80% solutions doubl...
- AI and Digital Transformation — The company is leveraging AI to enhance its financial crime management capabilities, with Youngwood noting, "We use Gen AI to actually catch up for itself... 80% of the sanctions not being touched by a human can translat...
- IPO Pipeline Strength — Management reported a robust IPO pipeline, with $110 million raised in the first half of 2026, including significant contributions from sectors like AI infrastructure and biotech. Youngwood remarked, "We are very fortuna...
- Growth in Financial Crime Management — Nasdaq's Verafin platform is expanding into Tier 1 banks, with Youngwood indicating, "We have added approximately 20 large banks... and we are accelerating." This segment is expected to contribute significantly to future...
Read the full Nasdaq, Inc. transcript (September 24, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Nasdaq, Inc.
Nasdaq, Inc. (NDAQ) is a publicly listed company in the Capital Markets industry, within the Financials sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 94 calls on record spanning January 29, 2020 to September 24, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 94 Nasdaq, Inc. earnings call transcripts on record, spanning January 29, 2020 to September 24, 2026. Based on this history, Nasdaq, Inc. reports quarterly. The most recent call on file is dated September 24, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- NDAQ
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Financials
- Industry
- Capital Markets
- Calls on record
- 94
- First call
- January 29, 2020
- Most recent
- September 24, 2026
- Reporting cadence
- quarterly