Recent Updates — NDAQ
Nasdaq, Inc. announced the election of Börje Ekholm as an independent director effective November 1, 2026. Ekholm, who previously served on the board from 2011 to 2016 and chaired it from 2012 to 2016, returns after serving as President and CEO of Ericsson until September 2026. He will serve on the Audit & Risk Committee. Concurrently, director Holden Spaht notified Nasdaq of his resignation effective December 31, 2026, following three years of service that included the integration of Adenza. The company operates as a leading technology platform powering global financial markets and capital formation.
Nasdaq, Inc. reported third quarter 2026 financial results showing net revenue of $1.5 billion, a 13% increase over the prior year period. GAAP diluted earnings per share reached $0.96, up 31%, while Annualized Recurring Revenue (ARR) grew 12% to $3.4 billion. The company also announced a regular quarterly cash dividend of $0.31 per share, payable on December 18, 2026, to shareholders of record as of December 4, 2026. Nasdaq operates in the financial technology and market infrastructure industry, providing data, listings, and trading solutions.
Nasdaq reported second quarter 2026 net revenue of $1.5 billion, a 15% increase year-over-year, and GAAP diluted EPS of $0.89. The company announced a quarterly cash dividend of $0.31 per share payable on September 25, 2026, to shareholders of record as of September 11, 2026. Key highlights include the listing of SpaceX, the largest IPO in exchange history, and Index ETP AUM exceeding $1 trillion. Nasdaq operates as a technology platform providing infrastructure and data solutions for global financial markets.
On June 30, 2026, Nasdaq, Inc. entered into an Amended and Restated Credit Agreement with Bank of America, N.A. as administrative agent, replacing its previous credit agreement. The agreement establishes a $1.5 billion senior unsecured five-year revolving credit facility maturing June 30, 2031, with an option to increase commitments by up to $1.0 billion. Interest rates are based on a reference rate plus a margin of 87.5 to 150.0 basis points for Benchmark/Daily Simple SOFR loans, or 0.0 to 50.0 basis points for alternative base rate loans. The facility includes a financial covenant limiting the Leverage Ratio to 3.75 to 1.00, with temporary increases allowed for material acquisitions. Nasdaq operates a global financial technology company that provides trading, market technology, and information services.