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Jun 30, 2022

Nasdaq Q2 2022 Earnings Report

Nasdaq's Q2 2022 results were released, showcasing revenue growth and strategic investments.

Key Takeaways

Nasdaq reported a 6% increase in net revenues for Q2 2022, driven by a 10% growth in Solutions segments revenue. GAAP diluted EPS decreased by 10% due to a prior-year divestiture gain, while non-GAAP diluted EPS increased by 9%. The company returned $819 million to shareholders in the first six months of 2022 and declared a three-for-one stock split.

Net revenues increased by 6% compared to Q2 2021, with Solutions segments revenues growing by 10%.

Annualized Recurring Revenue (ARR) increased by 9% year-over-year, with SaaS revenues representing 35% of ARR.

GAAP diluted earnings per share decreased by 10%, while non-GAAP diluted earnings per share increased by 9%.

The company returned $819 million to shareholders in the first six months of 2022 through share repurchases and dividends and declared a three-for-one stock split.

Total Revenue
$893M
Previous year: $846M
+5.6%
EPS
$0.69
Previous year: $0.63
+9.5%
IPOs Nasdaq Stock Market
38
Previous year: 135
-71.9%
IPOs Nasdaq Nordic Baltic
17
New Listings Nasdaq Stock Market
84
Previous year: 192
-56.3%
Gross Profit
$646M
Previous year: $615M
+5.0%
Cash and Equivalents
$454M
Previous year: $390M
+16.4%
Free Cash Flow
$333M
Previous year: $34M
+879.4%
Total Assets
$22.6B
Previous year: $18B
+25.7%

Nasdaq

Nasdaq

Nasdaq Revenue by Segment

Forward Guidance

Nasdaq narrowed its 2022 non-GAAP operating expense guidance to a range of $1,710 to $1,740 million and continues to expect its 2022 non-GAAP tax rate to be in the range of 24% to 26%.

Revenue & Expenses

Visualization of income flow from segment revenue to net income