LPL Financial vs Nasdaq: revenue, profit, margins and growth compared
LPL Financial brought in $17B of revenue in fiscal 2025, Nasdaq $8.3B in fiscal 2025. Revenue changed by +37.2% at LPL Financial and +11.6% at Nasdaq on the year before, so LPL Financial grew faster. LPL Financial kept 5.1% of its revenue as net profit, Nasdaq 21.6%. Free cash flow was -$981.8M at LPL Financial and $2B at Nasdaq.
Fiscal years as each company reports them; the two may end in different months.
Questions about LPL Financial and Nasdaq
Which is bigger by revenue, LPL Financial or Nasdaq?
LPL Financial is bigger by revenue: $17B in fiscal 2025, against $8.3B for Nasdaq in fiscal 2025.
Which keeps more of its revenue as profit, LPL Financial or Nasdaq?
LPL Financial had a net margin of 5.1% in fiscal 2025; Nasdaq had 21.6% in fiscal 2025.
Which grew revenue faster, LPL Financial or Nasdaq?
In their latest fiscal years revenue changed by +37.2% at LPL Financial and +11.6% at Nasdaq.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.