Nasdaq Q2 2026 earnings beat on SpaceX IPO, data revenue

Net gross for the 4th was $1.5 billion, up 15%. Most of this maturation came from the superior entree platforms segment, which includes listing services and marketplace information for equities and options. This conception earned $621 million, a 19% increase.

Adjusted net came successful astatine $1.07 per share. Analysts had expected 98 cents per stock connected average, according to Reuters.

SpaceX's record-setting debut was a item this quarter, with implicit 500 cardinal shares traded connected its archetypal day, according to Reuters. While IPO listing fees are comparatively small, exchanges gain astir of their income from the trading that follows successful equities, options, and related products.

Market services nett gross roseate 11% to $340 million, boosted by currency equities and equity options volumes. Revenue from the fiscal exertion conception climbed 16% to $539 million.

Trading was unusually progressive during the quarter. News astir the U.S.-Iran warfare and shifting opinions connected the AI assemblage unsettled markets and led to much hedging, according to Reuters. Nasdaq has besides focused connected expanding its fiscal exertion and bundle concern to make steadier, subscription-style gross that is little babelike connected trading volumes.

Even with beardown results, Nasdaq's banal is down much than 6% this year. Investors are disquieted due to the fact that the Commodity Futures Trading Commission has allowed Kalshi and Coinbase to connection perpetual futures for cryptocurrencies, which galore spot arsenic a menace to accepted exchanges. Perpetual contracts bash not expire, way the terms of an asset, and fto traders usage important leverage.

Nasdaq besides announced a quarterly dividend of $0.31 per share, the institution said.

CME reported second-quarter net that came successful up of expert forecasts connected Wednesday, according to Reuters. Intercontinental Exchange and Cboe are scheduled to study their results adjacent week.