When did Nasdaq, Inc. report Q2 2025 earnings?

Nasdaq, Inc. (NDAQ) reported Q2 2025 earnings on July 24, 2025 before market open.

What were Nasdaq, Inc.'s Q2 2025 revenue and EPS?

Nasdaq, Inc. reported revenue of $2.1B and diluted EPS of $0.85 for Q2 2025.

Did Nasdaq, Inc. beat estimates in Q2 2025?

Revenue beat the consensus estimate of $1.3B by $812.6M. EPS beat the consensus estimate of $0.81 by $0.04.

How did Nasdaq, Inc.'s Q2 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 16.6% from $1.8B a year earlier and diluted EPS grew 23.2% from $0.69.

Where can I find Nasdaq, Inc.'s Q2 2025 SEC filings?

You can read the 10-Q periodic report (0001120193-25-000018) directly on SEC EDGAR. The filing index links above go to sec.gov.

Nasdaq, Inc. NDAQ Q2 2025 earnings

Reported July 24, 2025 · Before market open

Revenue$2.1BBeat by $812.6M Diluted EPS$0.85Beat by $0.04

Revenue estimate$1.3B

EPS estimate$0.81

Next report

Jul 23, 2026 (In 1 week)

Revenue estimate$1.4B

EPS estimate$0.96

Financials

Q2 2025

Income statement

See full

Revenue$2.1B+16.6%

Gross profit$1.3B+12.7%

Operating income$568.0M+34.3%

Net income$452.0M+104%

EPS (diluted)$0.78+105%

Balance sheet

See full

Cash & equivalents$4.2B-23.3%

Total debt$10.2B-5.8%

Total equity$11.8B+8.4%

Total assets$30.4B+0.6%

Cash flow

See full

Operating cash flow$746.0M+62.2%

CapEx$59.0M+13.5%

Free cash flow$687.0M+68.4%

Valuation & ratios

Valuation

as of 06/30/25

See full

Market cap$50.59B+45.9%

Enterprise value$56.58B+41.4%

P/E33.5×-3.1×

P/S6.2×+0.9×

Profitability

See full

Gross margin60.6%-5.5pp

Operating margin25.6%+1.0pp

Net margin18.6%+4.1pp

FCF margin26.3%+2.9pp

Returns & leverage

See full

Return on equity13.3%+2.2pp

Debt / equity0.9×-0.1×

Current ratio1×0.0×

Segments

By segment

See full

Market Services$1.1B+23.4%

Capital Access Platforms$527.0M+9.6%

Financial Technology$464.0M+10.5%

Versus estimates

Revenue

Q1 2026$1.4BBeat by $36.3M Q4 2025$1.4BBeat by $25.5M

Q2 2025$2.1BBeat by $812.6M

Q1 2025$2.1BBeat by $859.5M Q4 2024$2.0BBeat by $803.4M Q3 2024$1.9BBeat by $731.8M

Diluted EPS

Q1 2026$0.96Beat by $0.03 Q4 2025$0.96Beat by $0.04

Q2 2025$0.85Beat by $0.04

Q1 2025$0.79Beat by $0.02 Q4 2024$0.76Beat by $0.02 Q3 2024$0.74Beat by $0.05

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Questions, answered.

When did Nasdaq, Inc. report Q2 2025 earnings?: Nasdaq, Inc. (NDAQ) reported Q2 2025 earnings on July 24, 2025 before market open.
What were Nasdaq, Inc.'s Q2 2025 revenue and EPS?: Nasdaq, Inc. reported revenue of $2.1B and diluted EPS of $0.85 for Q2 2025.
Did Nasdaq, Inc. beat estimates in Q2 2025?: Revenue beat the consensus estimate of $1.3B by $812.6M. EPS beat the consensus estimate of $0.81 by $0.04.
How did Nasdaq, Inc.'s Q2 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 16.6% from $1.8B a year earlier and diluted EPS grew 23.2% from $0.69.
Where can I find Nasdaq, Inc.'s Q2 2025 SEC filings?: You can read the 10-Q periodic report (0001120193-25-000018) directly on SEC EDGAR. The filing index links above go to sec.gov.