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Nasdaq reports stronger Q2 2026 results as listings, data and fintech lift revenue

Nasdaq reports stronger Q2 2026 results as listings, data and fintech lift revenue

Second-quarter revenue rose about 15% and earnings beat expectations, with growth led by listings, market data, financial technology and trading activity amid volatile markets.

Fact Check
The official Nasdaq IR press release (July 23, 2026) confirms Q2 2026 net revenue of $1.5B, an increase of 15%, and non-GAAP diluted EPS of $1.07 (+25%), beating the $0.98 analyst consensus reported by Reuters. Growth was led by record listings (SpaceX IPO), Financial Technology (+16%), Index revenue (+38%), and record Market Services net revenue and options volumes—precisely matching the claim's attribution to listings, market data, financial technology and trading activity amid volatile markets. Reuters and Cryptobriefing independently corroborate the earnings beat and ~15% revenue growth.
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Summary

Nasdaq reported stronger second-quarter 2026 results, with revenue of about $2 billion and adjusted earnings per share of $1.07 beating analyst expectations of roughly $0.98 in adjusted EPS. The company said net revenue rose about 15% to $1.5 billion, supported by high-profile listings, stronger demand for market data and software services, and solid trading volumes in cash equities and equity options. Net income for the three months ended June 30 increased to $507 million, or 89 cents per share, from $452 million, or 78 cents per share, a year earlier. Investors are also watching Nasdaq's market technology and digital asset-related initiatives, even as concerns persist across the exchange sector after the CFTC allowed Kalshi and Coinbase to offer crypto perpetual futures.

Terms & Concepts
  • capital access platforms: Nasdaq segment that includes listing services and market data tied to products such as equities and options.
  • operating leverage: A dynamic in which earnings grow faster than revenue as fixed costs are spread over a larger base of business activity.
  • perpetual futures: Contracts without an expiry date that track an underlying asset's price and are often used with leverage.