Nasdaq Reports Strong Q2 Earnings, Boosts Dividend, and Initiates New $250M ASR
NDAQ sits 18% above its 52-week low of $76.55.
Summary
Nasdaq delivered strong Q2 2026 financial results, marked by double-digit growth in EPS and revenue, a significant dividend increase, and substantial share repurchases, alongside enhanced financial flexibility.
Key Events · Earnings and Guidance · NDAQ
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Strong Q2 2026 Financial Performance
GAAP diluted EPS increased by 14.5% year-over-year to $0.89, and revenues less transaction-based expenses grew by 14.9% to $1.5 billion for the three months ended June 30, 2026.
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Quarterly Dividend Increased
The board approved a quarterly cash dividend of $0.31 per share, representing a 14.8% increase from the prior quarter's $0.27 per share.
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Significant Share Repurchase Activity
Nasdaq repurchased $903 million of common stock in the first half of 2026 and initiated a new $250 million Accelerated Share Repurchase (ASR) agreement in July 2026.
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Enhanced Financial Flexibility
The company amended and restated its revolving credit facility, increasing its borrowing capacity to $1.5 billion, with no amounts outstanding as of June 30, 2026.
Analysis · NDAQ · Crypto Assets
Nasdaq reported robust second-quarter 2026 financial results, with GAAP diluted EPS increasing by 14.5% year-over-year to $0.89 and revenues less transaction-based expenses growing by 14.9% to $1.5 billion. This strong performance is complemented by significant capital allocation to shareholders, including a 14.8% increase in the quarterly cash dividend to $0.31 per share. The company also repurchased $903 million of common stock in the first half of 2026 and initiated a new $250 million Accelerated Share Repurchase (ASR) agreement in July 2026, demonstrating confidence in its financial outlook and commitment to shareholder returns. Additionally, Nasdaq enhanced its financial flexibility by amending its revolving credit facility, increasing borrowing capacity to $1.5 billion. An ongoing European Commission antitrust investigation remains a notable risk, though the company is cooperating and the outcome is uncertain. A minor 10b5-1 plan for an executive to sell 18,000 shares was also disclosed, which is negligible in the context of the company's market capitalization.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 35% of the 1333 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.35%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, NDAQ was trading at $90.42 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $51.1B. The 52-week trading range was $76.55 to $101.79. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.