Company research
NASDAQ, INC.
CIK 1120193Updated Sep 24, 2026
SecurityNDAQ · NASDAQ · equity
Name history
NASDAQ OMX GROUP, INC. · through Aug 10, 2015NASDAQ STOCK MARKET INC · through Feb 27, 2008
NDAQ price & chart
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NASDAQ:NDAQ on TradingView ↗About the company
Nasdaq (Nasdaq: NDAQ) is a leading technology platform that powers the world’s economies. We architect the infrastructure of the world’s most modern markets, power the innovation economy, and build trust in the financial system. We empower economic opportunity by designing and deploying advanced
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 31,053,000,000Source | 30,395,000,000Source | 32,294,000,000Source | 20,868,000,000Source |
| Property, Plant and Equipment, NetUSD | 728,000,000Source | 593,000,000Source | 576,000,000Source | 532,000,000Source |
| GoodwillUSD | 14,371,000,000Source | 13,957,000,000Source | 14,112,000,000Source | 8,099,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 6,511,000,000Source | 6,905,000,000Source | 7,443,000,000Source | 2,581,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 604,000,000Source | 592,000,000Source | 453,000,000Source | 502,000,000Source |
| Assets, CurrentUSD | 8,003,000,000Source | 7,786,000,000Source | 9,096,000,000Source | 8,604,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 447,000,000Source | 375,000,000Source | 402,000,000Source | 444,000,000Source |
| Other Assets, NoncurrentUSD | 993,000,000Source | 779,000,000Source | 665,000,000Source | 608,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 18,821,000,000Source | 19,195,000,000Source | 21,467,000,000Source | 14,704,000,000Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 5,122,000,000Source | 5,530,000,000Source | 5,496,000,000Source | 1,445,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 9,588,000,000Source | 8,401,000,000Source | 7,825,000,000Source | 7,207,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,773,000,000Source | -2,099,000,000Source | -1,924,000,000Source | -1,991,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 12,227,000,000Source | 11,191,000,000Source | 10,816,000,000Source | 6,151,000,000Source |
| Liabilities and EquityUSD | 31,053,000,000Source | 30,395,000,000Source | 32,294,000,000Source | 20,868,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 7,961,000,000Source | 7,902,000,000Source | 9,025,000,000Source | 8,835,000,000Source |
| Operating Lease, Liability, CurrentUSD | 60,000,000Source | 55,000,000Source | 62,000,000Source | 54,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 462,000,000Source | 388,000,000Source | 417,000,000Source | 452,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 1,584,000,000Source | 1,594,000,000Source | 1,642,000,000Source | 456,000,000Source |
| Other Liabilities, NoncurrentUSD | 241,000,000Source | 230,000,000Source | 220,000,000Source | 226,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 5,000,000Source | 9,000,000Source | 11,000,000Source | 13,000,000Source |
| Additional Financial Items | ||||
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | — | — | 15,000,000Source | 23,000,000Source |
| Deferred Tax Liabilities, NetUSD | 1,557,000,000Source | 1,580,000,000Source | 1,635,000,000Source | 453,000,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 8,573,000,000Source | 9,081,000,000Source | 10,163,000,000Source | 4,735,000,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 8,573,000,000Source | 9,081,000,000Source | 10,163,000,000Source | 4,735,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 1,787,000,000Source | 1,115,000,000Source | 1,057,000,000Source | 1,123,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 145,000,000Source | 125,000,000Source | 117,000,000Source | 105,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 165,000,000Source | 141,000,000Source | 122,000,000Source | 106,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 48,000,000Source | -67,000,000Source | 68,000,000Source | 38,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 2,255,000,000Source | 1,939,000,000Source | 1,696,000,000Source | 1,706,000,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 0Source | 5,766,000,000Source | 41,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,100,000,000Source | -953,000,000Source | -5,994,000,000Source | 49,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 78,000,000Source | 32,000,000Source | 3,000,000Source | -33,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 266,000,000Source | 207,000,000Source | 158,000,000Source | 152,000,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 69,000,000Source | — | — | — |
| Payments for Repurchase of Common StockUSD | 616,000,000Source | 145,000,000Source | 269,000,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -2,953,000,000Source | -2,561,000,000Source | 4,220,000,000Source | 1,036,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | 383,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 43,000,000Source | 27,000,000Source | -1,000,000Source | 1,000,000Source |
| Repayments of Long-term DebtUSD | 826,000,000Source | 521,000,000Source | 260,000,000Source | 1,097,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,072,000,000Source | -2,112,000,000Source | 124,000,000Source | 1,498,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,934,000,000Source | 5,006,000,000Source | 7,118,000,000Source | 6,994,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 354,000,000Source | 405,000,000Source | 177,000,000Source | 116,000,000Source |
| Income Taxes Paid, NetUSD | 373,000,000Source | 358,000,000Source | 254,000,000Source | 274,000,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 726,000,000Source | -537,000,000Source | 202,000,000Source | -1,293,000,000Source |
| Additional Financial Items | ||||
| Accretion ExpenseUSD | 2,000,000Source | — | — | — |
| Share-based Payment Arrangement, ExpenseUSD | 165,000,000Source | 141,000,000Source | 122,000,000Source | 106,000,000Source |
| Amortization of Intangible AssetsUSD | 487,000,000Source | 488,000,000Source | 206,000,000Source | 153,000,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | -9,000,000Source | — |
| Equity Method Investment, Other than Temporary ImpairmentUSD | 0Source | 0Source | 0Source | — |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | — | 0Source | 0Source | 0Source |
| Gain (Loss) on Disposition of BusinessUSD | 86,000,000Source | — | 0Source | 0Source |
| Gain (Loss) on Extinguishment of DebtUSD | -18,000,000Source | — | — | -16,000,000Source |
| General and Administrative ExpenseUSD | 75,000,000Source | 109,000,000Source | 113,000,000Source | 125,000,000Source |
| GoodwillUSD | 14,371,000,000Source | 13,957,000,000Source | 14,112,000,000Source | 8,099,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | 83,000,000Source | 16,000,000Source | -7,000,000Source | 31,000,000Source |
| Income Tax Expense (Benefit)USD | 358,000,000Source | 334,000,000Source | 344,000,000Source | 352,000,000Source |
| InterestExpenseNonoperatingUSD | 367,000,000Source | 414,000,000Source | — | — |
| Investment Income, InterestUSD | 39,000,000Source | 28,000,000Source | 115,000,000Source | 7,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,788,000,000Source | 1,117,000,000Source | 1,059,000,000Source | 1,125,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -1,000,000Source | -2,000,000Source | -2,000,000Source | -2,000,000Source |
| Operating ExpensesUSD | 2,918,000,000Source | 2,851,000,000Source | 2,317,000,000Source | 2,018,000,000Source |
| Operating Lease, Impairment LossUSD | 0Source | 0Source | 13,000,000Source | — |
| Other Nonoperating Income (Expense)USD | -27,000,000Source | 21,000,000Source | -1,000,000Source | 2,000,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | 29,000,000Source | — |
| Proceeds from Issuance of Long-term DebtUSD | — | 0Source | — | 539,000,000Source |
| Restructuring Costs and Asset Impairment ChargesUSD | 1,000,000Source | 37,000,000Source | 12,000,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 8,262,000,000Source | 7,400,000,000Source | 6,064,000,000Source | 6,226,000,000Source |
| Cost of RevenueUSD | 3,013,000,000Source | 2,751,000,000Source | 2,169,000,000Source | 2,644,000,000Source |
| Operating Income (Loss)USD | 2,331,000,000Source | 1,798,000,000Source | 1,578,000,000Source | 1,564,000,000Source |
| Other Nonoperating Income (Expense)USD | -27,000,000Source | 21,000,000Source | -1,000,000Source | 2,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 2,145,000,000Source | 1,449,000,000Source | 1,401,000,000Source | 1,475,000,000Source |
| Income Tax Expense (Benefit)USD | 358,000,000Source | 334,000,000Source | 344,000,000Source | 352,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -1,000,000Source | -2,000,000Source | -2,000,000Source | -2,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,788,000,000Source | 1,117,000,000Source | 1,059,000,000Source | 1,125,000,000Source |
| Earnings Per Share, BasicUSD per share | 3.12Source | 1.94Source | 2.1Source | 2.28Source |
| Earnings Per Share, DilutedUSD per share | 3.09Source | 1.93Source | 2.08Source | 2.26Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 573,257,760Source | 575,428,536Source | 504,909,392Source | 492,420,787Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 578,597,687Source | 579,189,522Source | 508,392,982Source | 497,857,565Source |
| Interest Expense (non-operating)USD | 367,000,000Source | 414,000,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 487,000,000Source | 488,000,000Source | 206,000,000Source | 153,000,000Source |
| Business Combination, Acquisition Related CostsUSD | 60,000,000Source | 35,000,000Source | 148,000,000Source | 82,000,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 1.05Source | 0.94Source | 0.86Source | 0.78Source |
| Costs and ExpensesUSD | 1,914,000,000Source | 1,807,000,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | 310,000,000Source | 401,000,000Source | 276,000,000Source | 314,000,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | -9,000,000Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 632,000,000Source | 613,000,000Source | 323,000,000Source | 258,000,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | — | 0Source | 0Source | 0Source |
| General and Administrative ExpenseUSD | 75,000,000Source | 109,000,000Source | 113,000,000Source | 125,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | 5,249,000,000Source | 4,649,000,000Source | 3,895,000,000Source | 3,582,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 1,703,000,000Source | 1,091,000,000Source | 1,073,000,000Source | 1,216,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 83,000,000Source | 16,000,000Source | -7,000,000Source | 31,000,000Source |
| Interest ExpenseUSD | — | — | 284,000,000Source | 129,000,000Source |
| Investment Income, InterestUSD | 39,000,000Source | 28,000,000Source | 115,000,000Source | 7,000,000Source |
| Labor and Related ExpenseUSD | 1,392,000,000Source | 1,324,000,000Source | 1,082,000,000Source | 1,003,000,000Source |
| Marketing and Advertising ExpenseUSD | 65,000,000Source | 54,000,000Source | 47,000,000Source | 51,000,000Source |
| Operating ExpensesUSD | 2,918,000,000Source | 2,851,000,000Source | 2,317,000,000Source | 2,018,000,000Source |
| Other ExpensesUSD | 1,004,000,000Source | 1,044,000,000Source | — | — |
Filing attachments
earningsrelease2q26ex-991.htm · 8-K · 2026-07-23
EX-99.1 2 earningsrelease2q26ex-991.htm EX-99.1 EarningsRelease 2Q26 (EX-99.1) 1 Exhibit 99.1 NEW YORK, July 23, 2026 - Nasdaq, Inc. (Nasdaq: NDAQ) today Adena Friedman, Chair and CEO said, reported financial results for the second quarter of 2026. “Nasdaq delivered an outstanding second NEW YORK, July 23, 2026 - Nasdaq, Inc. (Nasdaq: NDAQ) today quarter, de…
Read attachment ↗ndaq72326ex-992.htm · 8-K · 2026-07-23
EX-99.2 3 ndaq72326ex-992.htm EX-99.2 Document Exhibit 99.2 NEWS RELEASE Nasdaq Announces Quarterly Dividend of $0.31 Per Share NEW YORK, July 23, 2026 - The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.31 per share on the company’s outstanding common stock. The dividend is payable on September 25, 2026 to shareholders of record at the close of business on September 11, 2026. Future declarations of quarterly dividends and the establish…
Read attachment ↗d148002dex991.htm · 8-K · 2026-04-23
EX-99.1 2 d148002dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Nasdaq Reports First Quarter 2026 Results; Strong Execution Drives Double-Digit Net Revenue Growth Across All Divisions NEW YORK, April 23, 2026 - Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the first quarter of 2026. First quarter 2026 net revenue1 was $1.4 billion, an increase of 14% over the first quarter of 2025, or 13% on an organic2 basis. Solutions revenue3 grew 14% on both a reported and organic bas…
Read attachment ↗d148002dex992.htm · 8-K · 2026-04-23
EX-99.2 3 d148002dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 Nasdaq Announces Increase in Quarterly Dividend to $0.31 Per Share NEW YORK, April 23, 2026 - The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.31 per share on the company’s outstanding common stock. The dividend is payable on June 26, 2026 to shareholders of record at the close of business on June 12, 2026. Future declarations of quarterly dividends and the establishment of future…
Read attachment ↗d103698dex991.htm · 8-K · 2026-01-29
EX-99.1 2 d103698dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Nasdaq Reports Fourth Quarter and Full Year 2025 Results; Annual Results Exceed $5.2B in Net Revenue and $4.0B in Solutions Revenue NEW YORK, January 29, 2026 - Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the fourth quarter and full year of 2025. Net revenue1 in 2025 was $5.2 billion, an increase of 13% over 2024, or 12% on an adjusted2 basis. Solutions3 revenue increased 12%, or 11% on an adjusted basis. …
Read attachment ↗d103698dex992.htm · 8-K · 2026-01-29
EX-99.2 3 d103698dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 Nasdaq Announces Quarterly Dividend of $0.27 Per Share NEW YORK, January 29, 2026 - The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.27 per share on the company’s outstanding common stock. The dividend is payable on March 30, 2026 to shareholders of record at the close of business on March 16, 2026. Future declarations of quarterly dividends and the establishment of future record…
Read attachment ↗