NDAQ
Nasdaq, Inc.
NASDAQ · Financial Services · Financial - Data & Stock Exchanges · US
$96.88
−1.85%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 8.7B | 8.2B | 7.4B | 6.1B | 6.2B |
| Cost of Revenue | 3.5B | 4.3B | 4.4B | 3.5B | 3.9B |
| Gross Profit | 5.2B | 3.9B | 3.0B | 2.5B | 2.3B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 1.0B | 140.0M | 427.0M | 417.0M | 420.0M |
| General & Admin Expense | 942.0M | 75.0M | 373.0M | 370.0M | 369.0M |
| Selling & Marketing Expense | 81.0M | 65.0M | 54.0M | 47.0M | 51.0M |
| Other Expenses | 1.4B | 1.5B | 764.0M | 551.0M | 355.0M |
| Total Operating Expenses | 2.4B | 1.6B | 1.2B | 968.0M | 775.0M |
| Cost and Expenses | 6.0B | 5.9B | 5.6B | 4.5B | 4.7B |
| Operating Income (EBIT) | 2.8B | 2.3B | 1.8B | 1.6B | 1.6B |
| Non-Operating | |||||
| Interest Income | 29.0M | 38.0M | 28.0M | 115.0M | 7.0M |
| Interest Expense | 261.0M | 88.0M | — | — | — |
| Net Interest Income | (232.0M) | (50.0M) | 28.0M | 115.0M | 7.0M |
| Other Non-Op Income/Expense | (311.0M) | (186.0M) | (349.0M) | (177.0M) | (89.0M) |
| Non-Operating Income (excl Interest) | 208.0M | (163.0M) | (49.0M) | (95.0M) | (31.0M) |
| EBT (Pre-Tax Income) | 2.4B | 2.1B | 1.4B | 1.4B | 1.5B |
| Income Tax Expense | 471.0M | 356.0M | 334.0M | 344.0M | 352.0M |
| Bottom Line | |||||
| Net Income | 2.0B | 1.8B | 1.1B | 1.1B | 1.1B |
| Earnings from Cont. Ops | 2.0B | 1.8B | 1.1B | 1.1B | 1.1B |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 2.0B | 1.8B | 1.1B | 1.1B | 1.1B |
| Per Share | |||||
| Basic EPS | $3.47 | $3.13 | $1.94 | $2.10 | $2.28 |
| Diluted EPS | $3.43 | $3.09 | $1.93 | $2.08 | $2.26 |
| Revenue Per Share | $15.43 | $14.40 | $12.87 | $11.93 | $12.64 |
| Shares | |||||
| Basic Shares Outstanding | 564.2M | 570.7M | 575.1M | 508.4M | 492.4M |
| Diluted Shares Outstanding | 567.8M | 576.5M | 579.2M | 508.4M | 497.9M |
| Profitability Metrics | |||||
| EBITDA | 3.2B | 3.1B | 2.5B | 2.0B | 1.9B |
| D&A | 649.0M | 633.0M | 613.0M | 323.0M | 258.0M |
| EBIT | 2.5B | 2.5B | 1.8B | 1.7B | 1.6B |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026