Nasdaq Q2 earnings beat estimates with $2B revenue and $1.07 adjusted EPS

Nasdaq just handed Wall Street a beat worth paying attention to. The exchange and financial technology giant reported Q2 2026 revenue of $2 billion and adjusted earnings per share of $1.07, clearing analyst consensus estimates by a meaningful margin. Analysts had penciled in roughly $0.98 in adjusted EPS and revenue somewhere in the $1.45 to $1.46 billion range. The actual results landed noticeably higher on both counts. What the numbers actually say Revenue climbed 14.9% compared to the same quarter last year. The adjusted EPS figure told an even sharper story. A 25.9% year-over-year increase in earnings per share suggests the company is not just growing the top line but actually converting that growth into profit more efficiently. The results were released on July 23, 2026, before markets opened, and the company followed up with an investor conference call at 8:00 AM ET that same morning. Why this matters beyond the exchange floor Nasdaq is not just a stock exchange. It operates one of the largest equity marketplaces globally while also running a substantial market technology and data solutions business that licenses infrastructure to financial institutions around the world. Here...