Nasdaq, Inc. (NDAQ) Quarterly Financials

120+ quarters historyFree accessUpdated daily

Nasdaq, Inc. (NDAQ) quarterly income statement — complete revenue, gross profit & net income history

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21

Sales/Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods Sold	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
COGS % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	1.41B	1.39B	870M	861M	816M	811M	734M	744M	701M	740M	613M	599M	595M	588M	582M	588M	580M	557M	553M	562M
Gross Margin %	65.84%	66.92%	44.43%	41.2%	39.04%	39.95%	38.59%	41.52%	41.88%	44.93%	42.25%	41.8%	38.81%	37.17%	37.38%	37.89%	37.79%	37.97%	40.75%	39.8%
Gross Profit Growth %	72.43%	71.64%	18.53%	15.73%	16.41%	9.59%	19.74%	24.21%	17.82%	25.85%	5.33%	1.87%	2.59%	5.57%	5.24%	4.63%	3.39%	4.31%	16.18%	20.09%
Operating Expenses	750M	762M	284M	293M	269M	294M	286M	321M	291M	387M	182M	217M	183M	239M	184M	176M	175M	213M	197M	186M
OpEx % of Revenue	35.1%	36.63%	14.5%	14.02%	12.87%	14.48%	15.04%	17.91%	17.38%	23.5%	12.54%	15.14%	11.94%	15.11%	11.82%	11.34%	11.4%	14.52%	14.52%	13.17%
Selling, General & Admin	561M	-155M	105M	106M	84M	116M	101M	108M	101M	134M	97M	93M	94M	120M	107M	99M	93M	115M	117M	85M
SG&A % of Revenue	26.25%	-7.45%	5.36%	5.07%	4.02%	5.71%	5.31%	6.03%	6.03%	8.14%	6.69%	6.49%	6.13%	7.59%	6.87%	6.38%	6.06%	7.84%	8.62%	6.02%
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	657M	630M	586M	568M	547M	517M	448M	423M	410M	353M	431M	382M	412M	349M	398M	412M	405M	344M	356M	376M
Operating Margin %	30.74%	30.29%	29.93%	27.18%	26.17%	25.47%	23.55%	23.6%	24.49%	21.43%	29.7%	26.66%	26.88%	22.06%	25.56%	26.55%	26.38%	23.45%	26.23%	26.63%
Operating Income Growth %	20.11%	21.86%	30.8%	34.28%	33.41%	46.46%	3.94%	10.73%	-0.49%	1.15%	8.29%	-7.28%	1.73%	1.45%	11.8%	9.57%	10.96%	8.18%	9.2%	19.37%
EBITDA	822M	791M	744M	726M	703M	670M	601M	576M	565M	478M	495M	447M	481M	412M	461M	477M	472M	425M	422M	444M
EBITDA Margin %	38.47%	38.03%	38%	34.74%	33.64%	33%	31.6%	32.14%	33.75%	29.02%	34.11%	31.19%	31.38%	26.04%	29.61%	30.73%	30.75%	28.97%	31.1%	31.44%
EBITDA Growth %	16.93%	18.06%	23.79%	26.04%	24.42%	40.17%	21.41%	28.86%	17.46%	16.02%	7.38%	-6.29%	1.91%	-3.06%	9.24%	7.43%	10.28%	14.56%	11.94%	21.64%
D&A (Non-Cash Add-back)	165M	161M	158M	158M	156M	153M	153M	153M	155M	125M	64M	65M	69M	63M	63M	65M	67M	81M	66M	68M
EBIT	556M	661M	613M	640M	580M	536M	454M	440M	415M	384M	488M	371M	431M	353M	412M	427M	403M	342M	401M	484M
Net Interest Income	-81M	-81M	8M	12M	11M	8M	8M	6M	6M	30M	72M	8M	6M	4M	2M	0	0	0	0	0
Interest Income	6M	7M	8M	12M	11M	8M	8M	6M	6M	30M	72M	8M	6M	4M	2M	0	0	0	0	0
Interest Expense	87M	88M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pretax Income	677M	580M	529M	548M	488M	439M	356M	341M	312M	278M	391M	337M	396M	322M	382M	397M	374M	314M	371M	454M
Pretax Margin %	31.68%	27.88%	27.02%	26.22%	23.35%	21.63%	18.72%	19.03%	18.64%	16.88%	26.95%	23.52%	25.83%	20.35%	24.53%	25.58%	24.36%	21.4%	27.34%	32.15%
Income Tax	158M	61M	106M	96M	93M	84M	51M	119M	79M	82M	97M	70M	95M	82M	88M	90M	91M	55M	83M	113M
Effective Tax Rate %	23.34%	10.52%	20.04%	17.52%	19.06%	19.13%	14.33%	34.9%	25.32%	29.5%	24.81%	20.77%	23.99%	25.47%	23.04%	22.67%	24.33%	17.52%	22.37%	24.89%
Net Income	519M	519M	423M	452M	395M	355M	306M	222M	234M	197M	294M	267M	302M	241M	294M	307M	284M	259M	288M	341M
Net Margin %	24.29%	24.95%	21.6%	21.63%	18.9%	17.49%	16.09%	12.39%	13.98%	11.96%	20.26%	18.63%	19.7%	15.23%	18.88%	19.78%	18.5%	17.66%	21.22%	24.15%
Net Income Growth %	31.39%	46.2%	38.24%	103.6%	68.8%	80.2%	4.08%	-16.85%	-22.52%	-18.26%	0%	-13.03%	6.34%	-6.95%	2.08%	-9.97%	-4.7%	15.11%	9.09%	41.49%
Net Income (Continuing)	519M	519M	423M	452M	395M	355M	305M	222M	233M	196M	294M	267M	301M	240M	294M	307M	283M	259M	288M	341M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	5M	5M	7M	7M	9M	9M	9M	10M	10M	11M	12M	12M	12M	13M	9M	9M	9M	10M	10M	11M
EPS (Diluted)	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	0.48	0.59	0.62	0.57	0.51	0.56	0.68
EPS Growth %	33.82%	47.54%	37.74%	105.26%	70%	69.44%	-11.67%	-29.63%	-34.43%	-25%	1.69%	-12.9%	7.02%	-5.88%	5.36%	-8.82%	-3.39%	13.33%	5.66%	41.67%
EPS (Basic)	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	0.56	0.69
Diluted Shares Outstanding	571.7M	576.5M	579M	579M	579.19M	579.02M	579.02M	578.95M	578.93M	550.6M	494.11M	493.63M	494.77M	497M	496.34M	496.58M	501.74M	509.1M	510.6M	499.31M
Basic Shares Outstanding	566.8M	570.7M	573.3M	574.1M	575.12M	575.12M	575.12M	576.38M	575.45M	547.1M	491.32M	490.78M	489.93M	491.3M	491.23M	492.24M	495.14M	501.3M	503.1M	492.26M
Dividend Payout Ratio	-	29.48%	36.64%	34.29%	34.94%	38.87%	45.1%	62.16%	54.27%	64.47%	36.73%	40.45%	32.45%	40.66%	33.67%	31.6%	31.34%	34.75%	31.6%	25.81%

Nasdaq, Inc. (NDAQ) Quarterly Financials

120+ quarters historyFree accessUpdated daily

Nasdaq, Inc. (NDAQ) quarterly income statement — complete revenue, gross profit & net income history

Annual Quarterly

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21

Sales/Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods Sold	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
COGS % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	1.41B	1.39B	870M	861M	816M	811M	734M	744M	701M	740M	613M	599M	595M	588M	582M	588M	580M	557M	553M	562M
Gross Margin %	65.84%	66.92%	44.43%	41.2%	39.04%	39.95%	38.59%	41.52%	41.88%	44.93%	42.25%	41.8%	38.81%	37.17%	37.38%	37.89%	37.79%	37.97%	40.75%	39.8%
Gross Profit Growth %	72.43%	71.64%	18.53%	15.73%	16.41%	9.59%	19.74%	24.21%	17.82%	25.85%	5.33%	1.87%	2.59%	5.57%	5.24%	4.63%	3.39%	4.31%	16.18%	20.09%
Operating Expenses	750M	762M	284M	293M	269M	294M	286M	321M	291M	387M	182M	217M	183M	239M	184M	176M	175M	213M	197M	186M
OpEx % of Revenue	35.1%	36.63%	14.5%	14.02%	12.87%	14.48%	15.04%	17.91%	17.38%	23.5%	12.54%	15.14%	11.94%	15.11%	11.82%	11.34%	11.4%	14.52%	14.52%	13.17%
Selling, General & Admin	561M	-155M	105M	106M	84M	116M	101M	108M	101M	134M	97M	93M	94M	120M	107M	99M	93M	115M	117M	85M
SG&A % of Revenue	26.25%	-7.45%	5.36%	5.07%	4.02%	5.71%	5.31%	6.03%	6.03%	8.14%	6.69%	6.49%	6.13%	7.59%	6.87%	6.38%	6.06%	7.84%	8.62%	6.02%
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	657M	630M	586M	568M	547M	517M	448M	423M	410M	353M	431M	382M	412M	349M	398M	412M	405M	344M	356M	376M
Operating Margin %	30.74%	30.29%	29.93%	27.18%	26.17%	25.47%	23.55%	23.6%	24.49%	21.43%	29.7%	26.66%	26.88%	22.06%	25.56%	26.55%	26.38%	23.45%	26.23%	26.63%
Operating Income Growth %	20.11%	21.86%	30.8%	34.28%	33.41%	46.46%	3.94%	10.73%	-0.49%	1.15%	8.29%	-7.28%	1.73%	1.45%	11.8%	9.57%	10.96%	8.18%	9.2%	19.37%
EBITDA	822M	791M	744M	726M	703M	670M	601M	576M	565M	478M	495M	447M	481M	412M	461M	477M	472M	425M	422M	444M
EBITDA Margin %	38.47%	38.03%	38%	34.74%	33.64%	33%	31.6%	32.14%	33.75%	29.02%	34.11%	31.19%	31.38%	26.04%	29.61%	30.73%	30.75%	28.97%	31.1%	31.44%
EBITDA Growth %	16.93%	18.06%	23.79%	26.04%	24.42%	40.17%	21.41%	28.86%	17.46%	16.02%	7.38%	-6.29%	1.91%	-3.06%	9.24%	7.43%	10.28%	14.56%	11.94%	21.64%
D&A (Non-Cash Add-back)	165M	161M	158M	158M	156M	153M	153M	153M	155M	125M	64M	65M	69M	63M	63M	65M	67M	81M	66M	68M
EBIT	556M	661M	613M	640M	580M	536M	454M	440M	415M	384M	488M	371M	431M	353M	412M	427M	403M	342M	401M	484M
Net Interest Income	-81M	-81M	8M	12M	11M	8M	8M	6M	6M	30M	72M	8M	6M	4M	2M	0	0	0	0	0
Interest Income	6M	7M	8M	12M	11M	8M	8M	6M	6M	30M	72M	8M	6M	4M	2M	0	0	0	0	0
Interest Expense	87M	88M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pretax Income	677M	580M	529M	548M	488M	439M	356M	341M	312M	278M	391M	337M	396M	322M	382M	397M	374M	314M	371M	454M
Pretax Margin %	31.68%	27.88%	27.02%	26.22%	23.35%	21.63%	18.72%	19.03%	18.64%	16.88%	26.95%	23.52%	25.83%	20.35%	24.53%	25.58%	24.36%	21.4%	27.34%	32.15%
Income Tax	158M	61M	106M	96M	93M	84M	51M	119M	79M	82M	97M	70M	95M	82M	88M	90M	91M	55M	83M	113M
Effective Tax Rate %	23.34%	10.52%	20.04%	17.52%	19.06%	19.13%	14.33%	34.9%	25.32%	29.5%	24.81%	20.77%	23.99%	25.47%	23.04%	22.67%	24.33%	17.52%	22.37%	24.89%
Net Income	519M	519M	423M	452M	395M	355M	306M	222M	234M	197M	294M	267M	302M	241M	294M	307M	284M	259M	288M	341M
Net Margin %	24.29%	24.95%	21.6%	21.63%	18.9%	17.49%	16.09%	12.39%	13.98%	11.96%	20.26%	18.63%	19.7%	15.23%	18.88%	19.78%	18.5%	17.66%	21.22%	24.15%
Net Income Growth %	31.39%	46.2%	38.24%	103.6%	68.8%	80.2%	4.08%	-16.85%	-22.52%	-18.26%	0%	-13.03%	6.34%	-6.95%	2.08%	-9.97%	-4.7%	15.11%	9.09%	41.49%
Net Income (Continuing)	519M	519M	423M	452M	395M	355M	305M	222M	233M	196M	294M	267M	301M	240M	294M	307M	283M	259M	288M	341M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	5M	5M	7M	7M	9M	9M	9M	10M	10M	11M	12M	12M	12M	13M	9M	9M	9M	10M	10M	11M
EPS (Diluted)	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	0.48	0.59	0.62	0.57	0.51	0.56	0.68
EPS Growth %	33.82%	47.54%	37.74%	105.26%	70%	69.44%	-11.67%	-29.63%	-34.43%	-25%	1.69%	-12.9%	7.02%	-5.88%	5.36%	-8.82%	-3.39%	13.33%	5.66%	41.67%
EPS (Basic)	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	0.56	0.69
Diluted Shares Outstanding	571.7M	576.5M	579M	579M	579.19M	579.02M	579.02M	578.95M	578.93M	550.6M	494.11M	493.63M	494.77M	497M	496.34M	496.58M	501.74M	509.1M	510.6M	499.31M
Basic Shares Outstanding	566.8M	570.7M	573.3M	574.1M	575.12M	575.12M	575.12M	576.38M	575.45M	547.1M	491.32M	490.78M	489.93M	491.3M	491.23M	492.24M	495.14M	501.3M	503.1M	492.26M
Dividend Payout Ratio	-	29.48%	36.64%	34.29%	34.94%	38.87%	45.1%	62.16%	54.27%	64.47%	36.73%	40.45%	32.45%	40.66%	33.67%	31.6%	31.34%	34.75%	31.6%	25.81%

NDAQ Income Statement

NDAQ Income Statement