Nasdaq, Inc.'s results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-22. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP (revenues less transaction-based expenses)) | $1,481 million (+12.6% vs a year earlier) |
| Diluted EPS (GAAP) | $0.96 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $1.04 |
| Full-year guidance | Stated (no change given) |
Guidance
Nasdaq updated 2026 non-GAAP operating expense guidance to $2.550–$2.580 billion and maintained its 22.5%–24.5% non-GAAP tax rate guidance.
Why this label: Expense/tax guidance only: 'updating' 2026 non-GAAP opex to $2.550–$2.580B with no prior or direction; tax rate maintained. No revenue/EPS guide.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| non-GAAP operating expense | FY2026 | $2.550–$2.580 billion | not stated |
| non-GAAP tax rate | FY2026 | 22.5%–24.5% | not stated |
From the release
Revenue: "Revenues less transaction-based expenses · 1,481 · 1,315 · 4,388 · 3,857"
Earnings per share: "U.S. GAAP diluted earnings per share · $ 0.96 · $ 0.73 · $ 2.76 · $ 2.19 · Total impact from NonGAAP adjustments above · 0.08 · 0.15 · 0.31 · 0.33 · Non-GAAP diluted earnings per share · $ 1.04 · $ 0.88"
non-GAAP operating expense: "The company is updating its 2026 non-GAAP operating expense guidance to a range of $2.550 billion to $2.580 billion ."
non-GAAP tax rate: "The company is maintaining its 2026 non-GAAP tax rate guidance in the range of 22.5% to 24.5% ."
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Index revenue grew 39% to $286 million on record $141 billion trailing net inflows.
Source
Nasdaq, Inc. earnings release (SEC filing), accession 0001120193-26-000017, filed 2026-10-22.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.