Nasdaq, Inc. (NDAQ)
NASDAQ: NDAQ · Real-Time Price · USD
94.59
-0.11 (-0.12%)
At close: Aug 7, 2026, 4:00 PM EDT
95.17
+0.58 (0.61%)
After-hours: Aug 7, 2026, 7:59 PM EDT

Nasdaq Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Revenue
8,7518,3208,2628,1858,1297,8207,4007,0156,5646,2056,0645,9996,1056,2246,2266,1115,9115,7715,8865,882
Revenue Growth
7.65%6.39%11.65%16.68%23.84%26.03%22.03%16.94%7.52%-0.30%-2.60%-1.83%3.28%7.85%5.78%3.89%-0.46%-2.58%4.64%12.57%
Gross Profit
5,6145,4205,2495,0854,9164,7694,6494,5394,3334,0993,8953,6863,6363,6043,5823,5613,5093,4623,4203,323
Operating Income
2,5842,4402,3312,2182,0801,9351,7981,6341,6171,5761,5781,5741,5411,5711,5641,5591,5171,4811,4411,415
Net Income
1,9671,9121,7881,6251,5071,2771,1179599479921,0591,1041,1041,1441,1251,1441,1381,1721,1871,152
Earnings Per Share
3.433.323.092.802.602.201.931.671.741.902.082.232.222.302.262.292.262.322.352.28
EPS Growth
31.92%50.91%60.10%67.66%49.43%15.79%-7.21%-25.11%-21.62%-17.39%-7.96%-2.62%-1.77%-1.00%-3.83%0.29%0.44%13.33%26.34%25.46%

Revenue by Segment

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingJun '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
2,3042,2032,1462,0782,0331,9941,9651,9221,8771,8341,7711,7291,6951,6791,6821,6831,6601,6181,568
Financial Crime and Regulatory Technology Net
826793760727671648624623579506436348332318306292277260230
Capital Markets Technology Net
1,1851,1431,0911,0641,0341,013997959870758665585580573559----
Market Services
4,3644,0934,1864,2574,3334,1153,7693,4773,2023,0693,1543,297-------
Other Net
-445258574942353739404143464942353641
Revenue (Total)
8,7518,3208,2628,1858,1297,8207,4007,0156,5646,2056,0645,9996,1056,2246,2266,1115,9115,7715,886

Cash & Debt

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Cash & Investments
7186996325238168917764681,3765616415,3405,635570683430615711601488
Total Debt
9,2439,4459,4669,5529,6319,7199,86810,25710,20610,40210,87110,11510,3595,5515,8515,8286,1866,3766,2166,325
Net Cash (Debt)
-8,525-8,746-8,834-9,029-8,815-8,828-9,092-9,789-8,830-9,841-10,230-4,775-4,724-4,981-5,168-5,398-5,571-5,665-5,615-5,837
Net Cash Growth
--------------------
Net Cash Per Share
-14.86-15.17-15.27-15.58-15.21-15.24-15.70-17.12-16.04-18.59-20.12-9.65-9.54-10.04-10.38-10.78-11.04-11.21-11.12-11.60

Cash Flow & CapEx

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Operating Cash Flow
2,2462,2812,2552,3352,3582,0721,9391,6511,7071,6611,6961,7731,7051,6661,7061,5961,5961,2941,0831,134
Capital Expenditures
-295-277-266-237-224-217-207-189-170-157-158-150-154-157-152-168-159-156-163-173
Free Cash Flow
1,9512,0041,9892,0982,1341,8551,7321,4621,5371,5041,5381,6231,5511,5091,5541,4281,4371,138920961
Free Cash Flow Growth
-8.58%8.03%14.84%43.50%38.84%23.34%12.61%-9.92%-0.90%-0.33%-1.03%13.66%7.93%32.60%68.91%48.59%106.17%7.16%-13.53%-2.83%

Margins

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Gross Margin
64.15%65.14%63.53%62.13%60.47%60.98%62.82%64.70%66.01%66.06%64.23%61.44%59.56%57.90%57.53%58.27%59.36%59.99%58.10%56.49%
Operating Margin
29.53%29.33%28.21%27.10%25.59%24.74%24.30%23.29%24.63%25.40%26.02%26.24%25.24%25.24%25.12%25.51%25.66%25.66%24.48%24.06%
Pretax Margin
27.87%28.05%25.96%24.48%22.52%20.77%19.58%18.35%20.14%21.24%23.10%24.10%23.54%24.05%23.69%24.01%24.63%26.22%26.06%25.28%
Profit Margin
22.48%22.98%21.63%19.85%18.54%16.33%15.07%13.63%14.40%15.95%17.43%18.37%18.05%18.35%18.04%18.70%19.24%20.29%20.17%19.59%
FCF Margin
22.29%24.09%24.07%25.63%26.25%23.72%23.41%20.84%23.42%24.24%25.36%27.05%25.41%24.24%24.96%23.37%24.31%19.72%15.63%16.34%

Dividends

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Dividend Per Share
1.1201.0801.0501.0200.9900.9600.9400.9200.9000.8800.8600.8400.8200.8000.7800.7600.7370.7170.7000.683
Dividend Per Share Growth
13.13%12.50%11.70%10.87%10.00%9.09%9.30%9.52%9.76%10.00%10.26%10.53%11.31%11.62%11.43%11.21%9.96%9.71%7.69%6.78%
Dividend Yield
1.42%1.27%1.08%1.15%1.11%1.26%1.22%1.28%1.52%1.42%1.50%1.73%1.65%1.46%1.27%1.34%1.45%1.21%1.00%1.07%

Valuation

Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
PE Ratio
22.9825.5731.4331.5934.3934.4840.0643.7234.6333.2127.9521.7922.4623.7727.1524.7522.5025.5729.7928.18
Forward PE
19.5621.7026.1025.2627.3523.7625.2325.0021.9322.8421.7717.2418.2220.1822.4821.1519.2922.6928.2827.27
P/FCF Ratio
22.7023.9227.8324.1524.0523.4725.6728.7022.5924.1621.7414.7115.7917.7519.4119.5017.3825.7638.0533.58
PS Ratio
5.065.766.706.196.315.576.015.985.295.865.513.984.014.304.844.564.235.085.955.49