Nasdaq, Inc.

Nasdaq, Inc.

NDAQยทNASDAQ

$86.81

-1.3%
Financial ServicesFinancial - Data & Stock Exchanges

Nasdaq, Inc. operates as a technology company that serves capital markets and other industries worldwide. The Market Technology segment includes anti financial crime technology business, which offers Nasdaq Trade Surveillance, a SaaS solution for brokers and other market participants to assist them in complying with market rules, regulations, and internal market surveillance policies; Nasdaq Automated Investigator, a cloud-deployed anti-money laundering tool; and Verafin, a SaaS technology provider of anti-financial crime management solutions. This segment also handles assets, such as cash equities, equity derivatives, currencies, interest-bearing securities, commodities, energy products, and digital currencies. The Investment Intelligence segment sells and distributes historical and real-time market data; develops and licenses Nasdaq-branded indexes and financial products; and provides investment insights and workflow solutions. The Corporate Platforms segment operates listing platforms; and offers investor relations intelligence and governance solutions. As of December 31, 2021, it had 4,178 companies listed securities on The Nasdaq Stock Market, including 1,632 listings on The Nasdaq Global Select Market; 1,169 on The Nasdaq Global Market; and 1,377 on The Nasdaq Capital Market. The Market Services segment includes equity derivative trading and clearing, cash equity trading, fixed income and commodities trading and clearing, and trade management service businesses. This segment operates various exchanges and other marketplace facilities across various asset classes, which include derivatives, commodities, cash equity, debt, structured products, and exchange traded products; and provides broker, clearing, settlement, and central depository services. The company was formerly known as The NASDAQ OMX Group, Inc. and changed its name to Nasdaq, Inc. in September 2015. Nasdaq, Inc. was founded in 1971 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$49.09B
EPS3.1300
P/E Ratio27.73
Earnings Date07/23/2026
3Y+32.0%
5Y+46.0%
10Y+122.0%
3Y+59.0%
5Y+92.0%
10Y+1556.0%
3Y+32.0%
5Y+80.0%
10Y+212.0%
Nasdaq, Inc.

Nasdaq, Inc. Profit Bridge

NDAQ ยท NASDAQ
Revenue8.22B
Cost of Goods Sold (4.28B)
Gross Profit3.94B
Operating Expenses (1.61B)
Operating Income2.33B
Interest Expense (88.00M)
Other Income/Expense-186.00M
Pretax Income2.15B
Income Tax (356.00M)
Net Income1.79B
Net Income
1.79B

Profitability Analysis

Gross Margin

47.9%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

28.4%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

21.8%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

16.6%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Nasdaq, Inc. Income Statement

NDAQ โ€ข NASDAQ

Nasdaq, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
8.2B
7.4B
6.1B
6.2B
5.9B
5.6B
4.3B
4.3B
3.9B
3.7B
3.4B
3.5B
3.2B
3.1B
3.4B
3.2B
3.4B
3.7B
2.4B
1.7B
GROSS PROFIT
(4.3B)
(4.4B)
(3.5B)
(3.9B)
(3.7B)
(3.7B)
(2.6B)
(2.6B)
(2.4B)
(2.2B)
(2B)
(2.1B)
(2B)
(2B)
(2.3B)
(2.2B)
(2B)
(2.2B)
(1.6B)
(970.4M)
3.9B
3B
2.5B
2.3B
2.2B
1.9B
1.7B
1.7B
1.6B
1.5B
1.4B
1.4B
1.2B
1.1B
1.1B
1B
1.5B
1.5B
812.2M
687.4M
OPERATING INCOME
(1.6B)
(1.2B)
(968M)
(775M)
(791M)
(708M)
(647M)
(627M)
(592M)
(629M)
(646M)
(606M)
(556M)
(436M)
(436M)
(380M)
(850M)
(820M)
(446.6M)
(473.3M)
(140M)
(427M)
(417M)
(420M)
(395M)
(425M)
(388M)
(396M)
(360M)
(342M)
(326M)
(388M)
(359M)
(284M)
(289M)
(273M)
(729M)
(673M)
(407.7M)
(402.4M)
2.3B
1.8B
1.6B
1.6B
1.4B
1.2B
1B
1B
991M
836M
720M
754M
688M
690M
696M
631M
603M
640M
365.7M
214.1M
PRE-TAX INCOME
(88M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-50M
28M
115M
7M
1M
4M
15M
17M
9M
8M
4M
6M
9M
10M
11M
9M
15M
34.5M
37.6M
24.6M
(1.5B)
(764M)
(551M)
(355M)
(396M)
(283M)
(259M)
(231M)
(232M)
(287M)
(320M)
(218M)
(197M)
(152M)
(147M)
(107M)
(121M)
(147M)
(38.9M)
(70.9M)
-186M
-349M
-177M
-89M
93M
-22M
2M
36M
-119M
-703M
-90M
-160M
-88M
-142M
-123M
-105M
-212M
-127M
428.2M
-944K
2.1B
1.4B
1.4B
1.5B
1.5B
1.2B
1B
1.1B
872M
133M
630M
594M
600M
548M
573M
526M
391M
513M
793.9M
213.1M
NET INCOME
(356M)
(334M)
(344M)
(352M)
(347M)
(279M)
(245M)
(606M)
(143M)
(27M)
(203M)
(181M)
(216M)
(199M)
(190M)
(137M)
(128M)
(198M)
(275.5M)
(85.3M)
1.8B
1.1B
1.1B
1.1B
1.2B
933M
774M
458M
734M
108M
428M
414M
385M
352M
387M
395M
266M
319.9M
518.4M
127.9M

SEC Filings

NDAQ - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

April 24, 2026
June 10, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 24, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 23, 2026
2026
10-K

10-K 2025 FY

FY

February 12, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 29, 2026
January 29, 2026
2026
8-K

8-K 2026

N/A

January 16, 2026
January 14, 2026
2026
8-K

8-K 2025

N/A

December 15, 2025
December 15, 2025
2025
8-K

8-K 2025

N/A

December 01, 2025
December 01, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 23, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 21, 2025
October 21, 2025
2025
Showing 1 to 10 of 482 filings