Nasdaq Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	8,309	8,262	7,400	6,064	6,226	5,886
Revenue Growth (YoY)	6.33%	11.65%	22.03%	-2.60%	5.78%	4.64%
Cost of Revenue	2,889	3,013	2,751	2,169	2,644	2,466
Gross Profit	5,420	5,249	4,649	3,895	3,582	3,420
Selling, General & Admin	2,251	2,184	2,087	1,766	1,663	1,583
Depreciation & Amortization Expenses	642	632	613	323	258	278
Other Operating Expenses	87	102	151	228	97	118
Total Operating Expenses	2,980	2,918	2,851	2,317	2,018	1,979
Operating Income	2,440	2,331	1,798	1,578	1,564	1,441
Interest Income	116	122	44	108	38	53
Interest Expense	-357	-367	-414	-284	-129	-125
Other Non-Operating Income (Expense)	135	59	21	-1	2	165
Total Non-Operating Income (Expense)	-106	-186	-349	-177	-89	93
Pretax Income	2,334	2,145	1,449	1,401	1,475	1,534
Provision for Income Taxes	422	358	334	344	352	347
Net Income	1,912	1,788	1,117	1,059	1,125	1,187
Minority Interest in Earnings	-	-1	-2	-2	-2	-
Net Income to Common	1,912	1,788	1,117	1,059	1,125	1,187
Net Income Growth	49.61%	60.07%	5.48%	-5.87%	-5.22%	27.22%
Shares Outstanding (Basic)	571	573	575	505	492	498
Shares Outstanding (Diluted)	577	579	579	508	498	505
Shares Change (YoY)	-0.49%	-0.10%	13.93%	2.12%	-1.43%	0.87%
EPS (Basic)	3.36	3.12	1.94	2.10	2.28	2.38
EPS (Diluted)	3.32	3.09	1.93	2.08	2.26	2.35
EPS Growth	50.91%	60.10%	-7.21%	-7.96%	-3.83%	26.34%
Shares Outstanding	564.75	569.89	575.06	575.16	491.59	500.04
Free Cash Flow	2,004	1,989	1,732	1,538	1,554	920
Free Cash Flow Growth	0.75%	14.84%	12.61%	-1.03%	68.91%	-13.53%
Free Cash Flow Per Share	3.48	3.44	2.99	3.03	3.12	1.82
Dividends Per Share	1.080	1.050	0.940	0.860	0.780	0.700
Dividend Growth	2.86%	11.70%	9.30%	10.26%	11.43%	7.69%
Gross Margin	65.23%	63.53%	62.82%	64.23%	57.53%	58.10%
Operating Margin	29.37%	28.21%	24.30%	26.02%	25.12%	24.48%
Profit Margin	23.01%	21.63%	15.07%	17.43%	18.04%	20.17%
FCF Margin	24.12%	24.07%	23.41%	25.36%	24.96%	15.63%
EBITDA	3,081	2,963	2,411	1,901	1,822	1,719
EBITDA Margin	37.08%	35.86%	32.58%	31.35%	29.26%	29.20%
EBIT	2,440	2,331	1,798	1,578	1,564	1,441
EBIT Margin	29.37%	28.21%	24.30%	26.02%	25.12%	24.48%
Effective Tax Rate	18.08%	16.69%	23.05%	24.55%	23.86%	22.62%

Updated Apr 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q