纳斯达克Nasdaq, Inc.（NDAQ）2025年第三季度业绩报告「NASDAQ」（英文版）（16页）.pdf

1、 1 x NEW YORK,October 21,2025-Nasdaq,Inc.(Nasdaq:NDAQ)today reported financial results for the third quarter of 2025.Adena Friedman,Chair and CEO said,“Nasdaq achieved significant milestones in the third quarter,with Solutions quarterly revenue surpassing$1 billion and annual recurring revenues reac

2、hing$3 billion for the first time.This achievement reflects our successful transformation into a leading technology platform.Across our diversified platform,we continue to deepen our competitive advantage,delivering advanced solutions that help clients innovate,modernize their systems,and underpin t

3、rust in the global economy.”Third quarter 2025 net revenue1 was$1.3 billion,an increase of 15%over the third quarter of 2024,or up 11%on an organic2 basis.This included Solutions3 revenue growing 15%,or up 10%on an organic basis.Annualized Recurring Revenue(ARR)4 of$3.0 billion increased 10%over the

4、 third quarter of 2024,or up 9%on an organic basis.Annualized SaaS revenue increased 12%,and represented 38%of ARR.Financial Technology revenue of$457 million increased 23%over the third quarter of 2024,or 13%on an organic basis.Index revenue of$206 million grew 13%,with$91 billion of net inflows ov

5、er the trailing twelve months and$17 billion in the third quarter of 2025.GAAP diluted earnings per share grew 38%in the third quarter of 2025.Non-GAAP5 diluted earnings per share grew 19%in the third quarter of 2025.In the third quarter of 2025,the company returned$155 million to shareholders throu

6、gh dividends,repurchased$115 million of common stock,and repurchased$69 million of senior unsecured notes.Third Quarter 2025 Highlights Sarah Youngwood,Executive Vice President and CFO said,“Nasdaq delivered an excellent third quarter performance with revenue growth across all three divisions drivin