Nasdaq Inc

NDAQ: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Nasdaq Earnings: Strong Trading Revenue Supplements More Modest Financial Technology Growth

Michael Miller

Jul 24, 2025

Nasdaq reported strong second-quarter earnings as the firm continues to benefit from high market activity. Net revenue increased 12% to $1.3 billion. Meanwhile, adjusted diluted EPS rose 24% to $0.85 thanks to firm's cost-savings efforts following the acquisition of Adenza and its reduced debt load.

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Nasdaq Inc

Nasdaq Earnings: Strong Trading Revenue Supplements More Modest Financial Technology Growth

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