Nasdaq, Inc. (NDAQ)
NASDAQ: NDAQ · Real-Time Price · USD
94.50
-0.19 (-0.20%)
At close: Sep 22, 2026, 4:00 PM EDT
94.00
-0.50 (-0.53%)
After-hours: Sep 22, 2026, 7:55 PM EDT
Nasdaq Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 | Sep '21 Sep 30, 2021 |
Operating Revenue | 5,577 | 5,366 | 5,188 | 5,048 | 4,838 | 4,699 | 4,586 | 4,503 | 4,297 | 4,060 | 3,830 | 3,644 | 3,576 | 3,551 | 3,534 | 3,521 | 3,484 | 3,432 | 3,343 | 3,276 |
Other Revenue | 37 | 53 | 61 | 36 | 77 | 70 | 63 | 36 | 37 | 38 | 65 | 41 | 59 | 53 | 48 | 40 | 24 | 29 | 77 | 46 |
| 5,614 | 5,419 | 5,249 | 5,084 | 4,915 | 4,769 | 4,649 | 4,539 | 4,334 | 4,098 | 3,895 | 3,685 | 3,635 | 3,604 | 3,582 | 3,561 | 3,508 | 3,461 | 3,420 | 3,322 | |
Revenue Growth (YoY) | 14.22% | 13.63% | 12.91% | 12.01% | 13.41% | 16.37% | 19.36% | 23.18% | 19.23% | 13.71% | 8.74% | 3.48% | 3.62% | 4.13% | 4.74% | 7.19% | 9.63% | 13.36% | 17.81% | 20.32% |
Gross Profit | 5,614 | 5,419 | 5,249 | 5,084 | 4,915 | 4,769 | 4,649 | 4,539 | 4,334 | 4,098 | 3,895 | 3,685 | 3,635 | 3,604 | 3,582 | 3,561 | 3,508 | 3,461 | 3,420 | 3,322 |
Selling, General & Admin | 2,261 | 2,203 | 2,132 | 2,077 | 2,046 | 2,014 | 2,032 | 2,022 | 1,932 | 1,836 | 1,732 | 1,658 | 1,649 | 1,637 | 1,630 | 1,602 | 1,590 | 1,555 | 1,519 | 1,493 |
Operating Expenses | 2,911 | 2,844 | 2,764 | 2,701 | 2,664 | 2,628 | 2,645 | 2,612 | 2,429 | 2,245 | 2,055 | 1,914 | 1,909 | 1,897 | 1,888 | 1,878 | 1,869 | 1,837 | 1,797 | 1,743 |
Operating Income | 2,703 | 2,575 | 2,485 | 2,383 | 2,251 | 2,141 | 2,004 | 1,927 | 1,905 | 1,853 | 1,840 | 1,771 | 1,726 | 1,707 | 1,694 | 1,683 | 1,639 | 1,624 | 1,623 | 1,579 |
Interest Expense | -347 | -358 | -367 | -380 | -395 | -402 | -414 | -423 | -422 | -356 | -284 | -207 | -138 | -133 | -129 | -126 | -127 | -128 | -125 | -119 |
Interest & Investment Income | 28 | 34 | 39 | 40 | 40 | 33 | 28 | 49 | 112 | 115 | 115 | 90 | 21 | 13 | 7 | 3 | 1 | - | 1 | 1 |
Earnings From Equity Investments | 80 | 82 | 83 | 82 | 60 | 40 | 16 | 8 | -4 | -18 | -7 | - | 19 | 38 | 31 | -15 | -17 | 2 | 52 | 63 |
Other Non Operating Income (Expenses) | -57 | -59 | -52 | -59 | -56 | -63 | -55 | -44 | -38 | -33 | -34 | -36 | -44 | -28 | -33 | -28 | 17 | 9 | -64 | 13 |
EBT Excluding Unusual Items | 2,407 | 2,274 | 2,188 | 2,066 | 1,900 | 1,749 | 1,579 | 1,517 | 1,553 | 1,561 | 1,630 | 1,618 | 1,584 | 1,597 | 1,570 | 1,517 | 1,513 | 1,507 | 1,487 | 1,537 |
Merger & Restructuring Charges | -76 | -88 | -102 | -105 | -115 | -145 | -151 | -254 | -243 | -243 | -228 | -156 | -150 | -102 | -97 | -58 | -57 | -78 | -118 | -134 |
Gain (Loss) on Sale of Investments | -27 | -27 | -27 | 6 | 8 | 21 | 21 | 20 | 12 | -1 | -1 | -12 | 2 | 2 | 2 | 8 | - | - | 81 | - |
Gain (Loss) on Sale of Assets | 136 | 175 | 86 | 37 | 39 | - | - | - | - | - | - | - | - | - | - | - | - | 84 | 84 | 84 |
Asset Writedown | - | - | - | - | - | - | - | 5 | - | - | - | -5 | - | - | - | - | - | - | - | - |
Pretax Income | 2,440 | 2,334 | 2,145 | 2,004 | 1,832 | 1,625 | 1,449 | 1,288 | 1,322 | 1,317 | 1,401 | 1,445 | 1,436 | 1,497 | 1,475 | 1,467 | 1,456 | 1,513 | 1,534 | 1,487 |
Income Tax Expense | 473 | 423 | 358 | 380 | 326 | 348 | 334 | 332 | 377 | 328 | 344 | 344 | 335 | 356 | 352 | 325 | 319 | 341 | 347 | 334 |
Earnings From Continuing Operations | 1,967 | 1,911 | 1,787 | 1,624 | 1,506 | 1,277 | 1,115 | 956 | 945 | 989 | 1,057 | 1,101 | 1,101 | 1,141 | 1,123 | 1,142 | 1,137 | 1,172 | 1,187 | 1,153 |
Minority Interest in Earnings | - | 1 | 1 | 1 | 2 | 1 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | - | - |
Net Income | 1,967 | 1,912 | 1,788 | 1,625 | 1,508 | 1,278 | 1,117 | 959 | 947 | 991 | 1,059 | 1,103 | 1,103 | 1,143 | 1,125 | 1,143 | 1,138 | 1,173 | 1,187 | 1,153 |
Net Income to Common | 1,967 | 1,912 | 1,788 | 1,625 | 1,508 | 1,278 | 1,117 | 959 | 947 | 991 | 1,059 | 1,103 | 1,103 | 1,143 | 1,125 | 1,143 | 1,138 | 1,173 | 1,187 | 1,153 |
Net Income Growth (YoY) | 30.44% | 49.61% | 60.07% | 69.45% | 59.24% | 28.96% | 5.48% | -13.05% | -14.14% | -13.30% | -5.87% | -3.50% | -3.08% | -2.56% | -5.22% | -0.87% | 0.89% | 14.11% | 27.22% | 26.56% |
Shares Outstanding (Basic) | 569 | 571 | 573 | 574 | 575 | 575 | 575 | 569 | 548 | 526 | 505 | 491 | 491 | 491 | 492 | 495 | 498 | 498 | 498 | 496 |
Shares Outstanding (Diluted) | 574 | 577 | 579 | 579 | 579 | 579 | 579 | 572 | 551 | 529 | 508 | 495 | 495 | 496 | 498 | 501 | 505 | 505 | 505 | 503 |
Shares Change (YoY) | -0.99% | -0.50% | -0.10% | 1.31% | 5.21% | 9.45% | 13.93% | 15.58% | 11.18% | 6.72% | 2.12% | -1.20% | -1.81% | -1.80% | -1.43% | -0.47% | 0.66% | 0.85% | 0.87% | 0.58% |
EPS (Basic) | 3.46 | 3.35 | 3.12 | 2.83 | 2.62 | 2.22 | 1.94 | 1.69 | 1.73 | 1.88 | 2.10 | 2.25 | 2.25 | 2.33 | 2.28 | 2.31 | 2.29 | 2.36 | 2.38 | 2.33 |
EPS (Diluted) | 3.43 | 3.32 | 3.09 | 2.80 | 2.60 | 2.21 | 1.93 | 1.68 | 1.72 | 1.86 | 2.08 | 2.23 | 2.23 | 2.30 | 2.26 | 2.28 | 2.25 | 2.33 | 2.35 | 2.29 |
EPS Growth (YoY) | 31.89% | 50.19% | 60.10% | 66.50% | 51.29% | 18.52% | -7.21% | -24.57% | -22.92% | -18.92% | -7.96% | -2.20% | -1.09% | -1.16% | -3.83% | -0.33% | 0.22% | 13.51% | 26.34% | 25.66% |
Additional Metrics
Fiscal Quarter | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 1,951 | 2,004 | 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 |
Free Cash Flow Per Share | 3.40 | 3.48 | 3.44 | 3.62 | 3.68 | 3.20 | 2.99 | 2.56 | 2.79 | 2.84 | 3.02 | 3.28 | 3.13 | 3.04 | 3.12 | 2.85 | 2.85 | 2.25 | 1.82 | 1.91 |
Dividend Per Share | 1.120 | 1.080 | 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 |
Dividend Growth (YoY) | 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% |
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 | 48.15% | 47.52% | 47.34% | 46.87% | 45.80% | 44.89% | 43.11% | 42.45% | 43.95% | 45.22% | 47.24% | 48.06% | 47.48% | 47.36% | 47.29% | 47.26% | 46.72% | 46.92% | 47.46% | 47.53% |
Profit Margin | 35.04% | 35.28% | 34.06% | 31.96% | 30.68% | 26.80% | 24.03% | 21.13% | 21.85% | 24.18% | 27.19% | 29.93% | 30.34% | 31.71% | 31.41% | 32.10% | 32.44% | 33.89% | 34.71% | 34.71% |
Free Cash Flow Margin | 34.75% | 36.98% | 37.89% | 41.27% | 43.42% | 38.90% | 37.26% | 32.21% | 35.46% | 36.70% | 39.49% | 44.04% | 42.67% | 41.87% | 43.38% | 40.10% | 40.96% | 32.88% | 26.90% | 28.93% |
EBITDA | 3,353 | 3,216 | 3,117 | 3,007 | 2,869 | 2,755 | 2,617 | 2,512 | 2,402 | 2,262 | 2,163 | 2,032 | 1,986 | 1,967 | 1,952 | 1,959 | 1,918 | 1,906 | 1,901 | 1,829 |
EBITDA Margin | 59.73% | 59.35% | 59.38% | 59.15% | 58.37% | 57.77% | 56.29% | 55.34% | 55.42% | 55.20% | 55.53% | 55.14% | 54.63% | 54.58% | 54.50% | 55.01% | 54.67% | 55.07% | 55.58% | 55.06% |
D&A For EBITDA | 650 | 641 | 632 | 624 | 618 | 614 | 613 | 585 | 497 | 409 | 323 | 261 | 260 | 260 | 258 | 276 | 279 | 282 | 278 | 250 |
EBIT | 2,703 | 2,575 | 2,485 | 2,383 | 2,251 | 2,141 | 2,004 | 1,927 | 1,905 | 1,853 | 1,840 | 1,771 | 1,726 | 1,707 | 1,694 | 1,683 | 1,639 | 1,624 | 1,623 | 1,579 |
EBIT Margin | 48.15% | 47.52% | 47.34% | 46.87% | 45.80% | 44.89% | 43.11% | 42.45% | 43.95% | 45.22% | 47.24% | 48.06% | 47.48% | 47.36% | 47.29% | 47.26% | 46.72% | 46.92% | 47.46% | 47.53% |
Effective Tax Rate | 19.38% | 18.12% | 16.69% | 18.96% | 17.79% | 21.41% | 23.05% | 25.78% | 28.52% | 24.91% | 24.55% | 23.81% | 23.33% | 23.78% | 23.86% | 22.15% | 21.91% | 22.54% | 22.62% | 22.46% |
Revenue as Reported | 5,614 | 5,419 | 5,249 | 5,084 | 4,915 | 4,769 | 4,649 | 4,539 | 4,334 | 4,098 | 3,895 | 3,685 | 3,635 | 3,604 | 3,582 | 3,561 | 3,508 | 3,461 | 3,420 | 3,322 |