NDAQ Nasdaq (NDAQ) Q1 FY25 earnings call
Nasdaq delivered a strong Q1 FY25 with double-digit growth across all divisions, driven by diversified solutions and robust market services performance amid volatility. The company expanded its efficiency program and made significant progress on deleveraging and capital returns, while acknowledging macro uncertainty is causing some client decision delays in Financial Technology. An enhanced AWS partnership aims to modernize global financial infrastructure.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
NDAQ operating KPIs by quarter
| KPI | This call Mar 2025 Q1 FY25 | Sep 2025 Q3 FY25 | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|---|
| Assets under management (AUM) ETP | — | $829BWe exited the quarter with ETP AUM of $829 billion, an all-time high.Source: earnings call transcript | $882BWe achieved a record $99 billion in net inflows over the last 12 months, including a record $35 billion in the fourth quarter and exited the year with ETP AUM of $882 billion, an all-time high.Source: earnings call transcript | $836BOur index franchise delivered $79 billion in net inflows over the last 12 months, including $6 billion in the quarter, exiting the quarter with ETP AUM of $836 billion.Source: earnings call transcript | — | -5.2% |
| Net new assets ETP | $27BETP AUM included $86 billion of net inflows in the last 12 months, including $27 billion in the first quarter, which reflects tremendous recognition and resiliency in the context of the Nasdaq 100 market performance down 8% during the first quarter.Source: earnings call transcript | $17BWe had a record $91 billion in net inflows over the last 12 months and $17 billion in net inflows in the quarter.Source: earnings call transcript | $35BWe achieved a record $99 billion in net inflows over the last 12 months, including a record $35 billion in the fourth quarter and exited the year with ETP AUM of $882 billion, an all-time high.Source: earnings call transcript | $6BOur index franchise delivered $79 billion in net inflows over the last 12 months, including $6 billion in the quarter, exiting the quarter with ETP AUM of $836 billion.Source: earnings call transcript | $51BOur Index franchise set new inflow records with $51 billion in net inflows for the quarter and $109 billion in net inflows over the last 12 months.Source: earnings call transcript | +750% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.