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Jun 30, 2021

Nasdaq Q2 2021 Earnings Report

Nasdaq's Q2 2021 earnings were released, showcasing a 21% year-over-year increase in revenue.

Key Takeaways

Nasdaq reported a strong second quarter in 2021, with net revenues reaching $846 million, a 21% increase compared to the previous year. GAAP diluted EPS increased by 41% to $2.05, while non-GAAP diluted EPS increased by 23% to $1.90. The company's performance was driven by vibrant capital markets activity and demand for financial technology solutions.

Net revenues increased by 21% year-over-year, reaching $846 million.

Solutions segments revenues increased 26% and Market Services revenues increased 13% compared to prior year.

GAAP diluted earnings per share increased 41% to $2.05.

Non-GAAP diluted earnings per share increased 23% to $1.90.

Total Revenue
$846M
Previous year: $699M
+21.0%
EPS
$0.63
Previous year: $0.51
+23.5%
IPOs Nasdaq Stock Market
135
Previous year: 42
+221.4%
New Listings Nasdaq Stock Market
192
Previous year: 55
+249.1%
Listed Companies Nasdaq Stock Market
3.82K
Previous year: 3.16K
+20.9%
Gross Profit
$615M
Previous year: $510M
+20.6%
Cash and Equivalents
$390M
Previous year: $711M
-45.1%
Free Cash Flow
$34M
Previous year: $399M
-91.5%
Total Assets
$18B
Previous year: $14.6B
+23.5%

Nasdaq

Nasdaq

Nasdaq Revenue by Segment

Forward Guidance

Nasdaq is updating its 2021 non-GAAP operating expense guidance to a range of $1,590 to $1,620 million and continues to expect its 2021 non-GAAP tax rate to be in the range of 25.0% to 27.0%.

Revenue & Expenses

Visualization of income flow from segment revenue to net income