Nasdaq CEO Adena Friedman on Q4 results: See a lot of momentum going into 2026
NasdaqNasdaq(US:NDAQ) Youtube·2026-01-29 15:19

Core Insights - NASDAQ reported fourth quarter earnings of $0.96 per share, exceeding estimates by $0.05, with revenue of $1.39 billion, also ahead of expectations [1][2] - The company experienced a revenue growth of 12% for the year and 13% for the quarter, with solutions businesses growing 12% for the quarter and 11% for the year [3][4] - NASDAQ achieved $99 billion in inflows into its index business for the year and recorded the largest closing cross in notional value at $233 billion traded in December [4][5] Financial Performance - The overall revenue growth of NASDAQ was 12% for the year and 13% for the fourth quarter [3] - Solutions businesses, excluding markets, grew 12% for the quarter and 11% for the year [3] - The company switched $1.2 trillion of market capitalization to NASDAQ, achieving a 72% win rate for IPOs [5] Market Outlook - NASDAQ has a healthy pipeline of companies ready to enter the market, with an active IPO outlook for the upcoming year [6][7] - The company is optimistic about the momentum across its business as it heads into 2026 [5][6] Technological Advancements - NASDAQ is focusing on integrating AI into its operations to enhance efficiency and effectiveness, allowing for better service delivery [10][18] - The company aims to attract younger talent with AI skills to support its growth and transformation [11][12] Business Transformation - The acquisition of Odessa has significantly transformed NASDAQ, broadening its scope beyond just listings [13][15] - The company is committed to organic growth and adapting its services to meet client needs across various financial market risks [17][18] - NASDAQ emphasizes the importance of its listings business as a catalyst for broader business operations [20]