AI brief of an SEC Form 8-K · Nasdaq (NDAQ)

Nasdaq Q2 net revenue rises 15% to $1.5 billion; GAAP EPS $0.89, up 14%

Positive Impact 3 of 5 earnings Written later

Nasdaq reported second-quarter 2026 net revenue of $1.5 billion, up 15% from a year earlier, with GAAP diluted EPS of $0.89, up 14%, and non-GAAP diluted EPS of $1.07, up 25%. The company updated its 2026 non-GAAP operating expense guidance to $2.530 billion to $2.570 billion and kept its non-GAAP tax rate guidance at 22.5% to 24.5%, while also announcing a quarterly cash dividend.

Key points

  • Q2 2026 net revenue was $1.5 billion, up 15%; Solutions revenue was $1.2 billion, up 17%
  • GAAP diluted EPS was $0.89 and non-GAAP diluted EPS was $1.07, up 25% from the second quarter of 2025
  • 2026 non-GAAP operating expense guidance updated to $2.530 billion to $2.570 billion; non-GAAP tax rate guidance held at 22.5% to 24.5%
  • In Q2 the company returned $174 million through dividends and $356 million through share repurchases; $2.5 billion remained under the buyback authorization as of June 30, 2026

The filing

CompanyNasdaq (NDAQ)
Form8-K, current report
Filed with the SECJul 23, 2026, 7:24 AM ET
Accession number0001120193-26-000011

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.