Nasdaq, Inc. (NDAQ)
NASDAQ: NDAQ · Real-Time Price · USD
107.12
+0.29 (0.27%)
At close: Nov 6, 2026, 4:00 PM EST
107.11
-0.01 (-0.01%)
After-hours: Nov 6, 2026, 7:53 PM EST

Nasdaq Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
1,4811,5001,4071,3921,3151,3061,2371,2271,1461,1591,1171,117940925914907890893892886
Revenue Growth
12.62%14.85%13.74%13.45%14.75%12.68%10.74%9.85%21.92%25.30%22.21%23.15%5.62%3.58%2.47%2.37%6.21%5.56%4.82%12.44%
Gross Profit
1,4811,5001,4071,3921,3151,3061,2371,2271,1461,1591,1171,117940925914907890893892886
Operating Income
749740681662619611591560489501454483461450441414421432428403
Net Income
540507519518423452395355306222234197294267302241294307284259
Earnings Per Share
0.960.890.910.900.730.780.680.610.530.380.400.360.600.540.610.490.590.620.570.51
EPS Growth
31.51%14.10%33.82%47.64%37.74%105.26%70.00%69.97%-11.43%-29.63%-34.43%-26.73%1.42%-12.90%7.02%-4.12%5.36%-9.26%-3.93%14.38%

Revenue by Segment

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Capital Access Platforms Net
641621565572534520508504501481479461456438416419422422419420
Financial Crime and Regulatory Technology Net
2262182112041931851781711371621541709389848277757268
Capital Markets Technology Net
303321306294264279254267234258238229145146145149140139131-
Market Services
1,2211,3721,0479999671,1011,1401,0701,022883794778747750879921----
Other Net
2-8112116161788910101010111213134
Revenue (Total)
2,3932,5322,1372,0871,9792,1012,0962,0291,9021,7921,6741,6471,4511,4331,5331,5821,5571,5521,5351,467

Cash & Debt

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
3825555316144807437056052764234014735,4625,479444522312468556439
Total Debt
9,2959,3179,5179,5269,6089,6889,7749,92310,31610,26910,46410,93310,17210,4175,6085,9055,8826,2426,4346,253
Net Cash (Debt)
-8,913-8,762-8,986-8,912-9,128-8,945-9,069-9,318-10,040-9,846-10,063-10,460-4,710-4,938-5,164-5,383-5,570-5,774-5,878-5,814
Net Cash Growth
--------------------
Net Cash Per Share
-15.82-15.43-15.72-15.46-15.77-15.45-15.64-16.07-17.34-17.01-17.38-19.00-9.53-10.00-10.44-10.83-11.22-11.63-11.72-11.42

Cash Flow & CapEx

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
521711689625221746663705244460530417300414565494232375605384
Capital Expenditures
-62-77-60-89-69-59-49-60-56-52-39-42-37-39-40-34-41-42-35-50
Free Cash Flow
459634629536152687614645188408491375263375525460191333570334
Free Cash Flow Growth
201.97%-7.71%2.44%-16.90%-19.15%68.38%25.05%72.00%-28.52%8.80%-6.48%-18.48%37.70%12.61%-7.90%37.72%-4.50%879.41%61.93%-10.93%

Margins

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Operating Margin
50.57%49.33%48.40%47.56%47.07%46.78%47.78%45.64%42.67%43.23%40.64%43.24%49.04%48.65%48.25%45.65%47.30%48.38%47.98%45.48%
Pretax Margin
47.33%43.53%48.12%41.67%40.23%41.96%39.45%35.78%31.06%29.42%27.93%24.89%41.60%36.43%43.33%35.50%42.92%44.46%41.93%35.44%
Profit Margin
36.46%33.80%36.89%37.21%32.17%34.61%31.93%28.93%26.70%19.15%20.95%17.64%31.28%28.87%33.04%26.57%33.03%34.38%31.84%29.23%
FCF Margin
30.99%42.27%44.70%38.51%11.56%52.60%49.64%52.57%16.41%35.20%43.96%33.57%27.98%40.54%57.44%50.72%21.46%37.29%63.90%37.70%

Dividends

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Dividend Per Share
0.3100.3100.2700.2700.2700.2700.2400.2400.2400.2400.2200.2200.2200.2200.2000.2000.2000.2000.1800.180
Dividend Per Share Growth
14.82%14.82%12.50%12.50%12.50%12.50%9.09%9.09%9.09%9.09%10.00%10.00%10.00%10.00%11.11%11.11%11.11%11.11%10.23%10.16%
Dividend Yield
1.26%1.41%1.26%1.08%1.15%1.11%1.26%1.22%1.26%1.49%1.40%1.47%1.73%1.65%1.47%1.27%1.34%1.45%1.21%1.00%

Valuation

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
24.6822.6625.2431.0231.2334.0434.1439.7843.8536.6936.6231.6521.6222.1623.3726.7724.3422.0725.0029.61
Forward PE
21.0219.5621.7026.1025.2627.3523.7625.2325.0021.9322.8421.7717.2418.2220.1822.4821.1519.2922.6928.28
P/FCF Ratio
22.7822.8524.0827.8824.1924.0623.5225.6628.7622.6024.1621.8114.7115.7717.7219.4019.5017.4825.7538.17
PS Ratio
8.907.948.9010.569.9810.449.159.569.268.028.868.616.486.737.428.417.827.168.4610.27