Nasdaq, Inc. (NDAQ)
NASDAQ: NDAQ · Real-Time Price · USD
85.53
+1.47 (1.75%)
At close: Mar 13, 2026, 4:00 PM EDT
85.49
-0.04 (-0.05%)
After-hours: Mar 13, 2026, 7:47 PM EDT
Nasdaq Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
| 8,262 | 8,168 | 8,112 | 7,814 | 7,398 | 7,015 | 6,564 | 6,205 | 6,064 | 5,999 | 6,105 | 6,224 | 6,226 | 6,111 | 5,911 | 5,771 | 5,887 | 5,882 | 5,938 | 5,924 | |
Revenue Growth (YoY) | 11.68% | 16.44% | 23.58% | 25.93% | 22.00% | 16.94% | 7.52% | -0.30% | -2.60% | -1.83% | 3.28% | 7.85% | 5.76% | 3.89% | -0.46% | -2.58% | 4.64% | 12.57% | 20.99% | 29.60% |
Cost of Revenue | 3,012 | 3,083 | 3,196 | 3,045 | 2,749 | 2,476 | 2,231 | 2,106 | 2,168 | 2,313 | 2,469 | 2,620 | 2,644 | 2,550 | 2,402 | 2,309 | 2,466 | 2,559 | 2,738 | 2,871 |
Gross Profit | 5,250 | 5,085 | 4,916 | 4,769 | 4,649 | 4,539 | 4,333 | 4,099 | 3,896 | 3,686 | 3,636 | 3,604 | 3,582 | 3,561 | 3,509 | 3,462 | 3,421 | 3,323 | 3,200 | 3,053 |
Selling, General & Admin | 2,186 | 2,138 | 2,101 | 2,073 | 2,085 | 2,064 | 1,975 | 1,871 | 1,767 | 1,695 | 1,686 | 1,671 | 1,663 | 1,668 | 1,655 | 1,620 | 1,583 | 1,523 | 1,447 | 1,395 |
Depreciation & Amortization Expenses | 633 | 625 | 620 | 615 | 614 | 586 | 497 | 409 | 323 | 261 | 260 | 260 | 258 | 276 | 280 | 283 | 279 | 251 | 235 | 217 |
Other Operating Expenses | 101 | 104 | 115 | 146 | 152 | 255 | 244 | 243 | 228 | 156 | 149 | 102 | 97 | 58 | 57 | 78 | 118 | 134 | 133 | 117 |
Total Operating Expenses | 2,920 | 2,867 | 2,836 | 2,834 | 2,851 | 2,905 | 2,716 | 2,523 | 2,318 | 2,112 | 2,095 | 2,033 | 2,018 | 2,002 | 1,992 | 1,981 | 1,980 | 1,908 | 1,815 | 1,729 |
Operating Income | 2,330 | 2,218 | 2,080 | 1,935 | 1,798 | 1,634 | 1,617 | 1,576 | 1,578 | 1,574 | 1,541 | 1,571 | 1,564 | 1,559 | 1,517 | 1,481 | 1,441 | 1,415 | 1,385 | 1,324 |
Interest Income | 122 | 122 | 99 | 72 | 43 | 56 | 107 | 96 | 107 | 89 | 39 | 51 | 38 | -12 | -16 | 2 | 53 | 64 | 112 | 112 |
Interest Expense | -366 | -379 | -394 | -401 | -413 | -422 | -421 | -355 | -283 | -206 | -137 | -133 | -129 | -126 | -127 | -128 | -125 | -119 | -110 | -103 |
Other Non-Operating Income (Expense) | 59 | 43 | 46 | 18 | 20 | 19 | 19 | 1 | -1 | -11 | -6 | 8 | 2 | 46 | 82 | 158 | 165 | 127 | 86 | 2 |
Total Non-Operating Income (Expense) | -185 | -214 | -249 | -311 | -350 | -347 | -295 | -258 | -176 | -128 | -104 | -74 | -89 | -92 | -61 | 32 | 93 | 72 | 88 | 11 |
Pretax Income | 2,145 | 2,004 | 1,831 | 1,624 | 1,448 | 1,287 | 1,322 | 1,318 | 1,402 | 1,446 | 1,437 | 1,497 | 1,475 | 1,467 | 1,456 | 1,513 | 1,534 | 1,487 | 1,473 | 1,335 |
Provision for Income Taxes | 357 | 379 | 324 | 347 | 333 | 331 | 377 | 328 | 344 | 344 | 335 | 355 | 351 | 324 | 319 | 342 | 348 | 335 | 345 | 307 |
Net Income | 1,788 | 1,625 | 1,508 | 1,278 | 1,117 | 959 | 947 | 992 | 1,060 | 1,104 | 1,104 | 1,144 | 1,126 | 1,144 | 1,138 | 1,172 | 1,186 | 1,152 | 1,128 | 1,028 |
Minority Interest in Earnings | -1 | -1 | -2 | -2 | -2 | -3 | -4 | -4 | -2 | -4 | -2 | -2 | -2 | - | - | - | - | - | - | - |
Net Income to Common | 1,788 | 1,625 | 1,508 | 1,278 | 1,117 | 959 | 947 | 992 | 1,060 | 1,104 | 1,104 | 1,144 | 1,126 | 1,144 | 1,138 | 1,172 | 1,186 | 1,152 | 1,128 | 1,028 |
Net Income Growth | 60.07% | 69.45% | 59.24% | 28.83% | 5.38% | -13.13% | -14.22% | -13.29% | -5.86% | -3.50% | -2.99% | -2.39% | -5.06% | -0.69% | 0.89% | 14.01% | 27.12% | 26.45% | 41.53% | 40.82% |
Shares Outstanding (Basic) | 573 | 574 | 575 | 575 | 575 | 569 | 548 | 526 | 505 | 491 | 491 | 491 | 492 | 495 | 498 | 498 | 498 | 496 | 493 | 493 |
Shares Outstanding (Diluted) | 579 | 579 | 579 | 579 | 579 | 572 | 551 | 529 | 508 | 495 | 495 | 496 | 498 | 501 | 504 | 505 | 505 | 503 | 501 | 501 |
Shares Change (YoY) | -0.09% | 1.32% | 5.22% | 9.46% | 13.94% | 15.56% | 11.14% | 6.68% | 2.08% | -1.21% | -1.80% | -1.78% | -1.41% | -0.46% | 0.65% | 0.84% | 0.86% | 0.58% | 0.25% | 0.05% |
EPS (Basic) | 3.13 | 2.84 | 2.63 | 2.23 | 1.95 | 1.69 | 1.76 | 1.91 | 2.12 | 2.25 | 2.25 | 2.33 | 2.28 | 2.31 | 2.28 | 2.35 | 2.39 | 2.32 | 2.29 | 2.08 |
EPS (Diluted) | 3.09 | 2.80 | 2.60 | 2.20 | 1.92 | 1.67 | 1.74 | 1.90 | 2.11 | 2.23 | 2.22 | 2.30 | 2.26 | 2.29 | 2.26 | 2.32 | 2.35 | 2.28 | 2.25 | 2.05 |
EPS Growth | 60.94% | 67.66% | 49.43% | 15.79% | -9.01% | -25.11% | -21.62% | -17.39% | -6.64% | -2.62% | -1.77% | -1.00% | -3.69% | 0.29% | 0.44% | 13.33% | 25.94% | 25.46% | 41.21% | 40.73% |
Free Cash Flow | 1,989 | 2,098 | 2,134 | 1,855 | 1,732 | 1,462 | 1,537 | 1,504 | 1,538 | 1,623 | 1,551 | 1,509 | 1,554 | 1,428 | 1,437 | 1,138 | 920 | 961 | 697 | 1,062 |
Free Cash Flow Growth | 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% | -38.26% | 21.65% |
Free Cash Flow Per Share | 3.44 | 3.62 | 3.68 | 3.20 | 2.99 | 2.56 | 2.79 | 2.84 | 3.03 | 3.28 | 3.13 | 3.04 | 3.12 | 2.85 | 2.85 | 2.25 | 1.82 | 1.91 | 1.39 | 2.12 |
Dividends Per Share | 1.050 | 1.020 | 0.990 | 0.960 | 0.940 | 0.920 | 0.900 | 0.880 | 0.860 | 0.840 | 0.820 | 0.800 | 0.780 | 0.760 | 0.737 | 0.717 | 0.700 | 0.683 | 0.670 | 0.653 |
Dividend Growth | 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% | 5.78% | 4.24% |
Gross Margin | 63.53% | 62.26% | 60.60% | 61.03% | 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% | 53.89% | 51.54% |
Operating Margin | 28.21% | 27.15% | 25.64% | 24.76% | 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% | 23.32% | 22.35% |
Profit Margin | 21.63% | 19.89% | 18.58% | 16.34% | 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% | 15.76% | 10.76% | 5.03% |
FCF Margin | 24.07% | 25.69% | 26.31% | 23.74% | 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% | 11.74% | 17.93% |
EBITDA | 2,963 | 2,842 | 2,698 | 2,549 | 2,411 | 2,219 | 2,114 | 1,985 | 1,901 | 1,835 | 1,801 | 1,831 | 1,822 | 1,835 | 1,796 | 1,763 | 1,719 | 1,665 | 1,620 | 1,541 |
EBITDA Margin | 35.86% | 34.79% | 33.26% | 32.62% | 32.58% | 31.63% | 32.21% | 31.99% | 31.35% | 30.59% | 29.50% | 29.42% | 29.26% | 30.03% | 30.38% | 30.55% | 29.20% | 28.31% | 27.28% | 26.01% |
EBIT | 2,330 | 2,218 | 2,080 | 1,935 | 1,798 | 1,634 | 1,617 | 1,576 | 1,578 | 1,574 | 1,541 | 1,571 | 1,564 | 1,559 | 1,517 | 1,481 | 1,441 | 1,415 | 1,385 | 1,324 |
EBIT Margin | 28.21% | 27.15% | 25.64% | 24.76% | 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% | 23.32% | 22.35% |
Effective Tax Rate | 16.69% | 18.91% | 17.70% | 21.37% | 23.05% | 25.72% | 28.52% | 24.89% | 24.55% | 23.79% | 23.31% | 23.71% | 23.86% | 22.09% | 21.91% | 22.60% | 22.62% | 22.53% | 23.42% | 23.00% |
Updated Jan 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.