Nasdaq Q4 2024 net revenue rises 10% to $1.2 billion; GAAP EPS up 72% to $0.61
Nasdaq reported fourth-quarter 2024 net revenue of $1.2 billion, up 10% from a year earlier, and GAAP diluted earnings per share of $0.61, up 72%. For full-year 2024, net revenue rose 19% to $4.6 billion, but GAAP diluted earnings per share fell 7% to $1.93. The company also gave initial 2025 non-GAAP operating expense guidance of $2,245 million to $2,325 million and declared a quarterly cash dividend.
Key points
- Q4 2024 non-GAAP diluted EPS was $0.76, up 5%; full-year non-GAAP diluted EPS was $2.82, flat versus 2023
- Solutions revenue in Q4 2024 was $949 million, up 10%; Index revenue was $188 million, up 29%
- 2025 non-GAAP operating expense guidance is $2,245 million to $2,325 million; non-GAAP tax rate guidance is 22.5% to 24.5%
- Nasdaq returned $138 million to shareholders through dividends in Q4 2024 and repurchased $181 million of senior unsecured notes
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing 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 January 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.