Snapshot from Aug 09, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / Nasdaq Q2 profit beat
Business earnings report

Nasdaq Q2 profit beat

Analysis based on 6 articles · First reported Jul 23, 2026 · Last updated Jul 23, 2026

Sentiment
15
Attention
3
Articles
6
Market Impact
General
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Market Impact

Nasdaq's strong earnings and optimistic outlook may boost investor confidence in exchange operators, though concerns about regulatory changes allowing perpetual futures for cryptocurrencies weigh on the sector. The stock rose 2.3% on the day, reflecting positive sentiment.

Financial exchanges Financial technology
Event Summary

Nasdaq reported second-quarter 2026 earnings that beat Wall Street estimates, driven by high-profile listings including SpaceX's record-breaking IPO and strong demand for data services amid market volatility. Net revenue rose 15% to $1.5 billion, with capital access platforms revenue up 19% to $621 million. Adjusted EPS of $1.07 exceeded the 98-cent consensus. Despite a 6% year-to-date share decline, Nasdaq outperformed peers CME Group and Intercontinental Exchange. CFO Sarah Youngwood downplayed competitive threats from perpetual futures offered by Kalshi and Coinbase, estimating minimal revenue impact. The financial technology segment grew 16% to $539 million. CME Group also beat profit estimates, while ICE and Cboe are yet to report.

Key Actions
80 Nasdaq beat profit estimates
70 SpaceX held record-breaking IPO
50 United States — United States Commodity Futures Trading Commission approved contract Kalshi
50 United States — United States Commodity Futures Trading Commission issued no-action letter Coinbase
40 CME Group beat profit estimates
30 Sarah Youngwood brushed off concerns
Entities Involved
exch
Nasdaq
Nasdaq reported better-than-expected Q2 profit, driven by high-profile listings and strong data revenue. Its diversified fintech and software offerings cushion against trading volume fluctuations.
Importance 100.0 Sentiment 20.0
priv
SpaceX
SpaceX's record-breaking IPO on Nasdaq contributed to the exchange's strong listing revenue and trading volumes.
Importance 60.0 Sentiment 30.0
govactor
United States — United States Commodity Futures Trading Commission
The CFTC's decision to allow Kalshi and Coinbase to offer perpetual futures for cryptocurrencies is seen as a competitive threat to traditional exchanges, though Nasdaq expects minimal impact.
Importance 40.0 Sentiment -10.0
exch
Kalshi
Kalshi, along with Coinbase, received CFTC approval to offer perpetual futures for cryptocurrencies, potentially competing with traditional exchanges.
Importance 30.0 Sentiment 10.0
stock
Coinbase
Coinbase, along with Kalshi, received CFTC approval to offer perpetual futures for cryptocurrencies, potentially competing with traditional exchanges.
Importance 30.0 Sentiment 10.0
exch
CME Group
CME Group also beat Q2 profit estimates, but its shares have declined more than Nasdaq's this year.
Importance 20.0 Sentiment 5.0
per
Sarah Youngwood
Nasdaq CFO Sarah Youngwood brushed off concerns about competition from perpetual futures, stating minimal revenue crossover.
Importance 20.0 Sentiment 5.0
exch
Intercontinental Exchange
Intercontinental Exchange is set to report Q2 results next week; its shares have declined more than Nasdaq's this year.
Importance 15.0 Sentiment -5.0
cnt
United States
The U.S.-Iran war headlines contributed to market volatility, benefiting trading volumes for exchanges.
Importance 10.0 Sentiment -10.0
priv
Ondo Global Markets
Ondo Global Markets is set to report Q2 results next week.
Importance 10.0 Sentiment 0.0
stock
JPMorgan Chase
J.P. Morgan analysts commented positively on Nasdaq's quarter, noting broad-based momentum.
Importance 10.0 Sentiment 5.0
cnt
Iran
The U.S.-Iran war headlines contributed to market volatility, benefiting trading volumes for exchanges.
Importance 10.0 Sentiment -20.0
stock
London Stock Exchange Group
London Stock Exchange Group provided consensus earnings estimates used in the report.
Importance 5.0 Sentiment 0.0
Relationships
Nasdaq related ↔ SpaceX
Nasdaq related ↔ Coinbase
Nasdaq related ↔ CME Group
Nasdaq related ↔ Intercontinental Exchange
Nasdaq related ↔ United States
SpaceX related ↔ Coinbase
SpaceX related ↔ CME Group
SpaceX related ↔ United States
SpaceX related ↔ Ondo Global Markets
United States — United States Commodity Futures Trading Commission related ↔ Kalshi
United States — United States Commodity Futures Trading Commission related ↔ Coinbase
United States — United States Commodity Futures Trading Commission related ↔ CME Group
United States — United States Commodity Futures Trading Commission related ↔ Intercontinental Exchange
United States — United States Commodity Futures Trading Commission related ↔ United States
United States — United States Commodity Futures Trading Commission related ↔ Ondo Global Markets
+ 12 more relationships View on Dashboard
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