Nuveen Intermediate Duration Quality Municipal Term Fund

Nuveen Intermediate Duration Quality Municipal Term Fund Earnings Recaps

NIQ Financials 1 recap
Q3 2025 Nov 13, 2025

NIQ reported strong Q3 2025 results with 5.8% organic revenue growth and significant improvements in profitability, raising full-year outlook due to ongoing momentum and successful transformation efforts.

Key takeaways
  • Organic constant currency revenue growth of 5.8%, with significant contributions from EMEA and Americas.
  • Adjusted EBITDA grew 25% to $223.7 million, with margins expanding 300 basis points to 21%.
  • Levered free cash flow reached $224 million, achieving most of 2025's cash flow guidance in Q3 alone.
  • Continued strong adoption of AI-driven omnichannel measurement products, enhancing client insights and revenue growth.
  • Integration of recent acquisitions progressing well, focusing on market penetration and business conversion.