Nasdaq, Inc. (NDAQ)
Nasdaq, Inc. brought in $8.7B of revenue over the twelve months to June 30, 2026, up 7.4% from a year earlier. Net income was $2B, a net margin of 22.5%. Operating cash flow minus capital spending left $2B of free cash flow in fiscal 2025. At June 30, 2026 it held $520M in cash against $8.5B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 23, 2026.
What Nasdaq, Inc. does
Nasdaq operates securities exchanges, including the Nasdaq Stock Market, providing trading, listing, and clearing services for equities, derivatives, and commodities. It also sells financial data, analytics, and market infrastructure technology to institutional investors, brokers, and corporations worldwide. Its shares trade on NASDAQ under the ticker NDAQ.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $8.3B | $1.8B | $3.09 | $2B |
| 2024 | $7.4B | $1.1B | $1.93 | $1.7B |
| 2023 | $6.1B | $1.1B | $2.08 | $1.5B |
| 2022 | $6.2B | $1.1B | $2.26 | $1.6B |
| 2021 | $5.9B | $1.2B | $2.35 | $920M |
| 2020 | $5.6B | $933M | $1.86 | $1.1B |
Latest SEC filings
What Nasdaq, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- August 12, 2026Passive stake changed SCHEDULE 13G/A
- July 23, 2026Quarterly report 10-Q · period to June 30, 2026
- July 23, 2026
- July 1, 2026
- June 16, 2026
- May 27, 2026Additional proxy material DEFA14A
- May 14, 2026Passive stake (5% or more) SCHEDULE 13G
- April 30, 2026Passive stake (5% or more) SCHEDULE 13G
- April 24, 2026Additional proxy material DEFA14A
Questions about NDAQ
What does Nasdaq, Inc. do?
Nasdaq operates securities exchanges, including the Nasdaq Stock Market, providing trading, listing, and clearing services for equities, derivatives, and commodities. It also sells financial data, analytics, and market infrastructure technology to institutional investors, brokers, and corporations worldwide. Its shares trade on NASDAQ under the ticker NDAQ.
Is Nasdaq, Inc. profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $2B on revenue of $8.7B, a net margin of 22.5%.
How much revenue does Nasdaq, Inc. make?
Over the twelve months to June 30, 2026 Nasdaq, Inc. reported revenue of $8.7B. That is 7.4% more than a year earlier.
When did Nasdaq, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 23, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 24, 2026.
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Follow NDAQ: get an email when it filesWhere the numbers come from
Financial figures are the values Nasdaq, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.