Nasdaq, Inc. (NDAQ)
NASDAQ: NDAQ · Real-Time Price · USD
95.72
-1.82 (-1.87%)
At close: Sep 2, 2026, 4:00 PM EDT
95.50
-0.22 (-0.23%)
After-hours: Sep 2, 2026, 7:56 PM EDT

Nasdaq Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
5,6145,2494,6493,8953,5823,420
Revenue Growth
14.22%12.91%19.36%8.74%4.74%17.81%
Gross Profit
5,6145,2494,6493,8953,5823,420
Operating Income
2,7032,4852,0041,8401,6941,623
Net Income
1,9671,7881,1171,0591,1251,187
Earnings Per Share
3.433.091.932.082.262.35
EPS Growth
31.89%60.10%-7.21%-7.96%-3.83%26.34%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Access Platforms Net
2,3042,1371,9451,7701,6821,566
Financial Crime and Regulatory Technology Net
826759625435306231
Capital Markets Technology Net
1,1851,091996664558541
Market Services
4,3644,1703,7713,1563,6323,471
Other Net
-6163394877
Revenue (Total)
8,7518,2627,4006,0646,2265,886

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
555614605473522439
Total Debt
9,3179,5269,92310,9335,9056,253
Net Cash (Debt)
-8,762-8,912-9,318-10,460-5,383-5,814
Net Cash Growth
------
Net Cash Per Share
-15.27-15.40-16.09-20.57-10.81-11.51

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,2462,2551,9391,6961,7061,083
Capital Expenditures
-295-266-207-158-152-163
Free Cash Flow
1,9511,9891,7321,5381,554920
Free Cash Flow Growth
-8.58%14.84%12.61%-1.03%68.91%-13.53%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
100.00%100.00%100.00%100.00%100.00%100.00%
Operating Margin
48.15%47.34%43.11%47.24%47.29%47.46%
Pretax Margin
43.46%40.86%31.17%35.97%41.18%44.85%
Profit Margin
35.04%34.06%24.03%27.19%31.41%34.71%
FCF Margin
34.75%37.89%37.26%39.49%43.38%26.90%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.2401.0500.9400.8600.7800.700
Dividend Per Share Growth
13.73%11.70%9.30%10.26%11.43%7.69%
Dividend Yield
1.29%1.09%1.24%1.53%1.34%1.06%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
27.9131.0239.7831.6826.7929.59
Forward PE
21.8626.1025.2321.7722.4828.28
P/FCF Ratio
27.4227.8825.6621.8119.4038.17
PS Ratio
9.5310.579.568.618.4110.27