- Nasdaq Inc.’s net revenue for the second quarter reached $1.31 billion, marking a 13% increase year-over-year.
- The Capital Access Platforms revenue was $527 million, up 9.6% from last year and surpassing the estimated $517.7 million.
- Market Services net revenue experienced a 22% rise, totaling $306 million, exceeding the estimate of $297.4 million.
- Financial Technology revenue increased by 10% to $464 million, higher than the projected $449.8 million.
- The adjusted operating margin improved to 55% compared to 53% in the previous year.
- Adjusted operating expenses amounted to $585 million, an 8.5% rise or slightly above the expected $577.6 million.
- US cash equities total industry average daily share volume surged to 18.4 billion, a significant 56% increase year-over-year, surpassing estimates of 17.8 billion.
- US cash equities matched share volume grew by 33% to 158.4 billion, higher than the estimated 155.47 billion.
- Cash and cash equivalents increased by 76% to $732 million, well above the estimate of $679.1 million.
- Nasdaq reiterated its 2025 non-GAAP tax rate guidance, remaining within the 22.5% to 24.5% range.
- The company updated its 2025 non-GAAP operating expense guidance to be between $2,295 million and $2,335 million.
A look at Nasdaq Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Nasdaq Inc shows a promising long-term outlook with its strong Momentum score of 4. This indicates that the company is performing well in terms of market trends and investor sentiment, pointing towards potential growth opportunities in the future. Additionally, Nasdaq Inc demonstrates decent scores in Resilience and Growth, both at a level of 3. These scores suggest that the company has the ability to withstand market fluctuations and has the potential for future expansion.
Although Nasdaq Inc has average scores in Value and Dividend, with both factors rated at 2, the overall assessment of the company’s outlook is positive. With a robust performance in Momentum and satisfactory scores in Resilience and Growth, Nasdaq Inc appears to be well-positioned for long-term success in its role as a global stock exchange operator.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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