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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | 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 |
Operating Revenue | 1,479 | 1,500 | 1,399 | 1,358 | 1,294 | 1,290 | 1,221 | 1,191 | 1,138 | 1,151 | 1,108 | 1,108 | 930 | 915 | 904 | 896 | 878 | 889 | 887 | 883 |
Other Revenue | 2 | - | 8 | 34 | 21 | 16 | 16 | 36 | 8 | 8 | 9 | 9 | 10 | 10 | 10 | 11 | 12 | 4 | 5 | 3 |
| 1,481 | 1,500 | 1,407 | 1,392 | 1,315 | 1,306 | 1,237 | 1,227 | 1,146 | 1,159 | 1,117 | 1,117 | 940 | 925 | 914 | 907 | 890 | 893 | 892 | 886 | |
Revenue Growth (YoY) | 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 | 1,481 | 1,500 | 1,407 | 1,392 | 1,315 | 1,306 | 1,237 | 1,227 | 1,146 | 1,159 | 1,117 | 1,117 | 940 | 925 | 914 | 907 | 890 | 893 | 892 | 886 |
Selling, General & Admin | 567 | 595 | 561 | 569 | 538 | 537 | 490 | 514 | 504 | 505 | 508 | 504 | 415 | 410 | 404 | 430 | 406 | 396 | 397 | 402 |
Operating Expenses | 732 | 760 | 726 | 730 | 696 | 695 | 646 | 667 | 657 | 658 | 663 | 634 | 479 | 475 | 473 | 493 | 469 | 461 | 464 | 483 |
Operating Income | 749 | 740 | 681 | 662 | 619 | 611 | 591 | 560 | 489 | 501 | 454 | 483 | 461 | 450 | 441 | 414 | 421 | 432 | 428 | 403 |
Interest Expense | -86 | -86 | -87 | -88 | -87 | -95 | -96 | -101 | -102 | -102 | -108 | -110 | -101 | -36 | -36 | -33 | -32 | -32 | -32 | -30 |
Interest & Investment Income | 10 | 8 | 6 | 7 | 8 | 12 | 11 | 8 | 8 | 6 | 6 | 29 | 72 | 8 | 6 | 4 | 2 | - | - | - |
Earnings From Equity Investments | 38 | 21 | 26 | 10 | 24 | 23 | 27 | 9 | 1 | 2 | 3 | 1 | -12 | -11 | 14 | 8 | 8 | 9 | 7 | -38 |
Other Non Operating Income (Expenses) | -11 | -11 | -23 | -11 | -12 | -14 | -16 | -18 | -9 | -18 | -8 | -7 | -9 | -15 | -9 | -9 | -9 | - | -14 | -4 |
EBT Excluding Unusual Items | 700 | 672 | 603 | 580 | 552 | 537 | 517 | 458 | 387 | 389 | 347 | 396 | 411 | 396 | 416 | 384 | 390 | 409 | 389 | 331 |
Merger & Restructuring Charges | -6 | -19 | -15 | -22 | -21 | -29 | -29 | -25 | -32 | -60 | -35 | -128 | -21 | -59 | -20 | -56 | -14 | -12 | -15 | -17 |
Gain (Loss) on Sale of Investments | 11 | - | - | -27 | - | 1 | - | 6 | 1 | 12 | - | 5 | 1 | - | - | -6 | 6 | - | - | - |
Gain (Loss) on Sale of Assets | -4 | - | 89 | 49 | -2 | 39 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Asset Writedown | - | - | - | - | - | - | - | - | - | - | - | 5 | - | - | - | - | - | - | - | - |
Pretax Income | 701 | 653 | 677 | 580 | 529 | 548 | 488 | 439 | 356 | 341 | 312 | 278 | 391 | 337 | 396 | 322 | 382 | 397 | 374 | 314 |
Income Tax Expense | 162 | 146 | 158 | 62 | 106 | 96 | 93 | 84 | 51 | 119 | 79 | 82 | 97 | 70 | 95 | 82 | 88 | 90 | 91 | 55 |
Earnings From Continuing Operations | 539 | 507 | 519 | 518 | 423 | 452 | 395 | 355 | 305 | 222 | 233 | 196 | 294 | 267 | 301 | 240 | 294 | 307 | 283 | 259 |
Minority Interest in Earnings | 1 | - | - | - | - | - | - | - | 1 | - | 1 | 1 | - | - | 1 | 1 | - | - | 1 | - |
Net Income | 540 | 507 | 519 | 518 | 423 | 452 | 395 | 355 | 306 | 222 | 234 | 197 | 294 | 267 | 302 | 241 | 294 | 307 | 284 | 259 |
Net Income to Common | 540 | 507 | 519 | 518 | 423 | 452 | 395 | 355 | 306 | 222 | 234 | 197 | 294 | 267 | 302 | 241 | 294 | 307 | 284 | 259 |
Net Income Growth (YoY) | 27.66% | 12.17% | 31.39% | 45.91% | 38.23% | 103.60% | 68.80% | 80.20% | 4.08% | -16.85% | -22.52% | -18.26% | 0% | -13.03% | 6.34% | -6.95% | 2.08% | -9.97% | -4.70% | 15.11% |
Shares Outstanding (Basic) | 559 | 564 | 567 | 571 | 573 | 574 | 575 | 575 | 575 | 576 | 575 | 547 | 491 | 491 | 490 | 491 | 491 | 492 | 495 | 501 |
Shares Outstanding (Diluted) | 563 | 568 | 572 | 577 | 579 | 579 | 580 | 580 | 579 | 579 | 579 | 551 | 494 | 494 | 495 | 497 | 496 | 497 | 502 | 509 |
Shares Change (YoY) | -2.71% | -1.94% | -1.42% | -0.55% | -0.01% | 0.01% | 0.18% | 5.29% | 17.18% | 17.28% | 17.01% | 10.79% | -0.45% | -0.59% | -1.39% | -2.38% | -2.78% | -0.55% | 0.09% | 1.44% |
EPS (Basic) | 0.97 | 0.90 | 0.92 | 0.91 | 0.74 | 0.79 | 0.69 | 0.62 | 0.53 | 0.39 | 0.41 | 0.36 | 0.60 | 0.54 | 0.62 | 0.49 | 0.60 | 0.62 | 0.57 | 0.52 |
EPS (Diluted) | 0.96 | 0.89 | 0.91 | 0.90 | 0.73 | 0.78 | 0.68 | 0.61 | 0.53 | 0.38 | 0.40 | 0.36 | 0.60 | 0.54 | 0.61 | 0.49 | 0.59 | 0.62 | 0.57 | 0.51 |
EPS Growth (YoY) | 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% |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | 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 |
Free Cash Flow | 459 | 634 | 629 | 536 | 152 | 687 | 614 | 645 | 188 | 408 | 491 | 375 | 263 | 375 | 525 | 460 | 191 | 333 | 570 | 334 |
Free Cash Flow Per Share | 0.81 | 1.12 | 1.10 | 0.93 | 0.26 | 1.19 | 1.06 | 1.11 | 0.33 | 0.70 | 0.85 | 0.68 | 0.53 | 0.76 | 1.06 | 0.93 | 0.39 | 0.67 | 1.14 | 0.66 |
Dividend Per Share | 0.310 | 0.310 | 0.270 | 0.270 | 0.270 | 0.270 | 0.240 | 0.240 | 0.240 | 0.240 | 0.220 | 0.220 | 0.220 | 0.220 | 0.200 | 0.200 | 0.200 | 0.200 | 0.180 | 0.180 |
Dividend Growth (YoY) | 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% |
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% |
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% |
Free Cash Flow 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% |
EBITDA | 914 | 906 | 846 | 823 | 777 | 768 | 747 | 713 | 641 | 654 | 609 | 608 | 525 | 515 | 510 | 477 | 484 | 497 | 495 | 484 |
EBITDA Margin | 61.71% | 60.40% | 60.13% | 59.12% | 59.09% | 58.81% | 60.39% | 58.11% | 55.93% | 56.43% | 54.52% | 54.43% | 55.85% | 55.68% | 55.80% | 52.59% | 54.38% | 55.66% | 55.49% | 54.63% |
D&A For EBITDA | 165 | 166 | 165 | 161 | 158 | 157 | 156 | 153 | 152 | 153 | 155 | 125 | 64 | 65 | 69 | 63 | 63 | 65 | 67 | 81 |
EBIT | 749 | 740 | 681 | 662 | 619 | 611 | 591 | 560 | 489 | 501 | 454 | 483 | 461 | 450 | 441 | 414 | 421 | 432 | 428 | 403 |
EBIT 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% |
Effective Tax Rate | 23.11% | 22.36% | 23.34% | 10.69% | 20.04% | 17.52% | 19.06% | 19.13% | 14.33% | 34.90% | 25.32% | 29.50% | 24.81% | 20.77% | 23.99% | 25.47% | 23.04% | 22.67% | 24.33% | 17.52% |
Revenue as Reported | 1,481 | 1,500 | 1,407 | 1,392 | 1,315 | 1,306 | 1,237 | 1,227 | 1,146 | 1,159 | 1,117 | 1,117 | 940 | 925 | 914 | 907 | 890 | 893 | 892 | 886 |