Verified call record已核验电话会记录 · 2026-07-23

NDAQ · Nasdaq, Inc. Q2 FY2026 earnings call record财报电话会记录

Verbatim, receipt-bound excerpts from the earnings-call transcript. This is a source record, not a synthesized analysis or recommendation.来自财报电话会文字记录的原文、可追溯摘录。这是来源记录，不是综合分析或推荐。

Open ticker dossier打开个股档案NDAQ

12 exact excerpts 条原文摘录 36 numeric receipts 个数值回执 B governed source tier 治理来源层级 Transcript present电话会文本已具备

The record记录内容

Call language, kept intact.电话会表述，保持原貌。

The excerpts below are selected from the source record under the bounded evidence policy. Wording is not paraphrased; numbers remain the exact spans captured from the call.以下摘录按受限证据策略从来源记录中选出。文字未被改写；数字保持电话会中捕获的精确片段。

performanceq_and_a

“Expenses were $641 million, up 10%, and we delivered 25% diluted EPS growth, driven by 19% growth in operating income and strong capital returns.”

Adena Friedman · CEOclaim_8a30d43cff97d6064338b4e6e8414ce9

Exact numeric spans精确数值片段641 million10%25%19%

segment_changesq_and_a

“Early in the third quarter, we signed an additional enterprise expansion and a cross-sell, totaling 11 enterprise signings so far in 2026, which already exceeds the total number of signings we had in all of 2025.”

Adena Friedman · CEOclaim_2754ed9632f54c69e637366b6c425af5

Exact numeric spans精确数值片段112026

demandq_and_a

“In European cash equities, we experienced higher industry volumes and delivered a 3 percentage point increase in lit market share, bringing us to 74%.”

Adena Friedman · CEOclaim_8cdd42dec29d0bd6576a3cdc381f74cd

Exact numeric spans精确数值片段374

marginsq_and_a

“Operating expense was $641 million, up 10%, leading to an operating margin of 57% and an EBITDA margin of 60%, both up 2 percentage points over the prior year period.”

Sarah Youngwood · CFOclaim_4b06f780406f9db042cbd5a79803adc1

Exact numeric spans精确数值片段641 million10%57%60%2

performanceq_and_a

“Financial Crime Management Technology revenue grew 22% in the quarter, with ARR growth of 17% and net revenue retention of 110%.”

Sarah Youngwood · CFOclaim_acee6e9ab99145ef0e03605431293b91

Exact numeric spans精确数值片段22%17%110

performanceq_and_a

“Capital Markets Technology revenue grew 14%, with ARR growth of 17%.”

Sarah Youngwood · CFOclaim_e435abc6b7a2a12ed4984a88c65a7aaa

Exact numeric spans精确数值片段14%17

marginsq_and_a

“The second quarter operating margin was 57% and the EBITDA margin was 60%, both up 2 percentage points versus the prior year period.”

Sarah Youngwood · CFOclaim_b307ae3c06fa35aaf17516eb7b0595ea

Exact numeric spans精确数值片段57%60%2

guidanceq_and_a

“We are updating our non-GAAP expense guidance for the year to a range of $2.530 billion-$2.570 billion from $2.485 billion-$2.545 billion.”

Sarah Youngwood · CFOclaim_441ac771d34d0dcafecc9a9e7ebc1a83

Exact numeric spans精确数值片段2.530 billion2.570 billion2.485 billion2.545

guidanceq_and_a

“We maintain our 2026 non-GAAP tax rate guidance of 22.5%-24.5%.”

Sarah Youngwood · CFOclaim_292292cac892f78f71834a7a74a30857

Exact numeric spans精确数值片段202622.5%-24.5

capital_allocationq_and_a

“We paid a dividend of $0.31 per share, or $174 million in the quarter, representing a 31% annualized payout ratio.”

Sarah Youngwood · CFOclaim_d3808b9d145406256057c0e92783f77c

Exact numeric spans精确数值片段0.31174 million31%

demandsegment_changesq_and_a

“The third is 23/5 trading, having more and more international demand for our data.”

Adena Friedman · CEOclaim_001e1c889c143ffa880ea3d91f21554a

Exact numeric spans精确数值片段235

demandq_and_a

109

“I have to say that as we are engaging with clients, there is a growing pipeline of demand for moving to 24/5 all the way to 24/7.”

Adena Friedman · CEOclaim_be0ca91f8734c326bb2be2afdcfbace9

Exact numeric spans精确数值片段24524

Inspect the source receipts检查来源回执48 bound spans个已绑定片段

Each row identifies the source body, transcript segment and byte span used to verify the visible text.每行标识用于核验可见文本的来源正文、电话会片段和字节范围。

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