Nasdaq, Inc. (NASDAQ:NDAQ) on Tuesday, reported third-quarter income progress of 15% yr over yr to $1.315 billion, beating the analyst consensus estimate of $1.297 billion.
The monetary providers firm reported adjusted EPS of 88 cents, which beat the analyst consensus estimate of 85 cents.
Nasdaq’s Annualized Recurring Income (ARR) elevated 10% year-over-year to $3.00 billion.
Additionally Learn: Banks Can Now Streamline Operations With Nasdaq Calypso On AWS
Options revenues had been $1.00 billion, up by 15% Y/Y, reflecting sturdy progress from Index and Monetary Know-how.
Market Companies’ internet revenues had been $303 million, up 14% Y/Y. Monetary Know-how revenues grew by 23% Y/Y to $457 million. Index revenues climbed 13% Y/Y to $206 million.
Nasdaq generated $221 million in working money movement for the quarter and held $697 million in money and equivalents as of September 30, 2025.
Within the third quarter of 2025, the corporate returned $155 million to shareholders by means of dividends, repurchased $115 million of frequent inventory, and repurchased $69 million of senior unsecured notes.
Chair and CEO Adena Friedman highlighted that Nasdaq crossed main efficiency milestones within the third quarter, with Options income exceeding $1 billion and annual recurring income reaching $3 billion for the primary time.
CFO Sarah Youngwood mentioned Nasdaq generated over $2 billion in working money movement over the previous yr.
2025 Outlook
Nasdaq up to date its 2025 adjusted working expense steering to $2.305 billion—$2.335 billion (up from the earlier vary of $2.295 billion—$2.335 billion). The corporate additionally up to date its 2025 adjusted tax price steering by decreasing the vary to 22.5%- 23.5% (versus the prior vary of twenty-two.5%- 24.5%).
Value Motion: Nasdaq shares had been up 1.43% at $90.13 on the time of publication on Tuesday, in keeping with Benzinga Professional information.
Learn Subsequent:
Picture by JHVEPhoto through Shuttesstock
