Q3 2025 Nasdaq Inc Earnings Call Transcript

Oct 21, 2025 / 12:00 PM GMT

Transcript 10-Q8-K

Key Points

Positve

Nasdaq Inc (NDAQ) reported a strong financial performance with a net revenue of $1.3 billion, marking an 11% year-over-year increase.
The company achieved a milestone with solutions quarterly revenues exceeding $1 billion for the first time, reflecting a 10% year-over-year growth.
Annualized recurring revenue (ARR) grew by 9% to reach $3 billion, indicating strong recurring business.
Nasdaq Inc (NDAQ) delivered a 19% growth in diluted EPS, showcasing strong profitability.
The company maintained robust client engagement and demand across its technology solutions, with significant growth in financial technology and market services divisions.

Negative

Despite strong overall performance, the financial crime management technology segment is slightly lagging behind expectations for the year.
There are mixed economic signals, with some consumers facing headwinds despite overall consumer spending picking up.
The European market remains subdued, with growth expectations only gradually improving.
Nasdaq Inc (NDAQ) is experiencing short-term delays in IPOs due to global uncertainty and a government shutdown.
The company faces challenges in maintaining its competitive edge amidst a dynamic regulatory environment and the need for continuous innovation.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NDAQ.OQ - Nasdaq Inc
Q3 2025 Nasdaq Inc Earnings Call
Oct 21, 2025 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good day and thank you for standing by.

Welcome to NASA, 3rd quarter, 2025 results conference call.

At this time, all participants are on the listen-only mode.

After the speaker's presentation, there'll be a question-and-answer session.

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Please be advised that today's conference is being recorded.

I would not like to hand the conference over to your first speaker, Atto Garrett, senior Vice President and Investor relations.

Please head.

Good morning, everyone,

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