Nasdaq, Inc. (NDAQ)
NASDAQ: NDAQ · Real-Time Price · USD
106.23
+0.63 (0.60%)
At close: Oct 30, 2026, 4:00 PM EDT
106.00
-0.23 (-0.22%)
After-hours: Oct 30, 2026, 7:51 PM EDT

Nasdaq Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
5,7805,2494,6493,8953,5823,420
Revenue Growth
13.69%12.91%19.36%8.74%4.74%17.81%
Gross Profit
5,7805,2494,6493,8953,5823,420
Operating Income
2,8302,4852,0041,8401,6941,623
Net Income
2,0841,7881,1171,0591,1251,187
Earnings Per Share
3.663.091.932.082.262.35
EPS Growth
30.74%60.10%-7.21%-7.96%-3.83%26.34%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Access Platforms Net
2,3992,1371,9451,7701,6821,566
Financial Crime and Regulatory Technology Net
859759625435306231
Capital Markets Technology Net
1,2241,091996664558541
Market Services
4,6394,1703,7713,1563,6323,471
Other Net
-6163394877
Other
-440000
Revenue (Total)
9,1498,2627,4006,0646,2265,886

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
516614605473522439
Total Debt
9,2959,5269,92310,9335,9056,253
Net Cash (Debt)
-8,779-8,912-9,318-10,460-5,383-5,814
Net Cash Growth
------
Net Cash Per Share
-15.41-15.40-16.09-20.57-10.81-11.51

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,5462,2551,9391,6961,7061,083
Capital Expenditures
-288-266-207-158-152-163
Free Cash Flow
2,2581,9891,7321,5381,554920
Free Cash Flow Growth
7.63%14.84%12.61%-1.03%68.91%-13.53%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '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
48.96%47.34%43.11%47.24%47.29%47.46%
Pretax Margin
45.17%40.86%31.17%35.97%41.18%44.85%
Profit Margin
36.05%34.06%24.03%27.19%31.41%34.71%
FCF Margin
39.07%37.89%37.26%39.49%43.38%26.90%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '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
14.29%11.70%9.30%10.26%11.43%7.69%
Dividend Yield
1.17%1.08%1.22%1.47%1.27%1.00%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
29.0231.0239.7831.6826.7929.59
Forward PE
23.2626.1025.2321.7722.4828.28
P/FCF Ratio
26.1127.8825.6621.8119.4038.17
PS Ratio
10.2010.579.568.618.4110.27