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Nasdaq Q3 earnings beat, reflecting revenue growth across business lines Oct. 21, 2025 7:41 AM ETNasdaq, Inc. (NDAQ) StockBy : Liz Kiesche, SA News Editor Comments Nasdaq (NASDAQ:NDAQ) delivered beats on the top and bottom lines for Q3 on Tuesday, as revenue grew across its three main business divisions, boosting its total annual recurring revenue to $3.0B for the first time. The exchange and market data Quick Insights Nasdaq beat both earnings and revenue expectations, with Q3 adjusted EPS and net revenue above consensus estimates. Growth in all three divisions, especially 12% Financial Technology ARR and 7% Capital Access Platforms ARR increases, drove recurring revenue higher. The company paid $155M in dividends, repurchased $115M in common stock, and $69M in senior unsecured notes. Recommended For You More Trending News
