Nasdaq, Inc. Q1 2026 Earnings Recap

Nasdaq delivered a record first quarter, with robust organic growth across revenue streams and strong client engagement, driven by innovations in data, indices, and digital asset solutions. The company is well-positioned to capitalize on industry trends amid a resilient macroeconomic environment.

Key Takeaways

• Achieved 13% YoY revenue growth to $1.4 billion and 17% operating income increase to $799 million, marking one of the strongest Q1 performances in Nasdaq’s history.
• Strategic momentum in IPOs and listings, with 15 new US IPOs raising over $5 billion, alongside ongoing pipeline strength despite market volatility.
• Index assets grew to a record $877 billion AUM, with 46% of recent inflows driven by product launches, including international and private market indexes.
• Data services saw 32% growth in enterprise licenses, with expansion in Asia and Middle East markets contributing to overall revenue strength.
• Focused on expanding index offerings and international distribution, with new partnerships and product launches to sustain growth momentum.