Nasdaq reported second-quarter 2026 net revenue of $1.5 billion, up 15% on both reported and adjusted bases, with Solutions revenue at $1.2 billion, up 17%. ARR reached $3.3 billion, growing about 11% year over year, while Financial Technology and Capital Access Platforms also posted strong gains and Market Services revenue rose 11% to $340 million. The company generated $711 million in cash flow from operations and returned $532 million to shareholders through dividends and share repurchases, including $356 million in stock repurchases. The results were buoyed by strong growth across all divisions and enabled Nasdaq to highlight notable milestones, such as the listing of SpaceX and records across its product lines amid a robust IPO environment. Nasdaq leadership emphasized its role as a transformation partner in a rapidly evolving financial landscape, signaling confidence in sustained long-term value for clients and shareholders.