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NASDAQ, INC.

NDAQ

Companies in Security & Commodity Brokers, Dealers, Exchanges & Services

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Financial Statements

Values in Millions ($)
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Assets
Cash And Cash Equivalents At Carrying Value
5205156044707326905922664163884535,340
Restricted Cash And Cash Equivalents At Carrying V…
264921022719518314224212025
Trading Securities Debt
198184285384201184202174173188272
Receivables Net Current
1,1829859438658969861,022944960925929595
Assets Current
Assets Current
4,5334,3748,0037,5977,3527,8187,7867,5587,3097,3219,09612,351
Other Assets Current
284388376232227237293239189219231184
Property Plant And Equipment Net
767739728689656621593584556575576542
Goodwill
14,24514,30714,37114,33614,32814,17913,95714,16513,98413,97414,1127,988
Intangible Assets Net Excluding Goodwill
6,2236,3766,5116,6206,7416,8306,9057,0727,1717,2917,4432,446
Operating Lease Right Of Use Asset
481485447440441381375388400400402397
Other Assets Noncurrent
1,0921,020993972865818779793790706665626
Assets
27,34127,30131,05330,65430,38330,64730,39530,56030,21030,26732,29424,350
Liabilities
Accounts Payable And Accrued Liabilities Current
252245280256246255269289301266332286
Employee Related Liabilities Current
243209364313280198325314213188303211
Contract With Customer Liability Current
9311,093785719848981711663736866594451
Liabilities Current
Liabilities Current
4,5054,3917,9617,7057,6577,9717,9027,9337,7917,3939,0257,048
Other Liabilities Current
174160259236154187215229234184146146
Debt Current
2694314314315004003994995482242910
Long Term Debt Noncurrent
8,4928,5268,5738,6678,6788,9269,0819,3599,2499,76510,1639,703
Deferred Income Tax Liabilities Net
1,6161,6111,5841,5641,5401,5861,5941,5661,6321,6551,642509
Operating Lease Liability Noncurrent
482488462454453393388399409413417412
Other Liabilities Noncurrent
253247241234237216230222221222220199
Liabilities
15,34815,26318,82118,62418,56519,09219,19519,47919,30219,44821,46717,871
Stockholders Equity Inclu…
Common Stock Value Outstanding
666666666665
Additional Paid In Capital
4,3534,6275,1225,3515,4255,4505,5305,4775,5285,5265,4961,394
Stockholders Equity
Stockholders Equity
11,98812,03312,23212,03011,81811,55511,19111,07210,89810,81910,8166,467
Treasury Stock Common Value
-784-747-716-710-706-672-647-643-641-611-587-585
Accumulated Other Comprehensive Income Loss Net Of…
-1,874-1,807-1,773-1,847-1,869-1,896-2,099-1,952-2,011-2,044-1,924-2,102
Retained Earnings Accumulated Deficit
10,2879,9549,5889,2238,9558,6588,4018,1848,0167,9327,8257,755
Minority Interest
5557799910101112
Liabilities And Stockholders Equity
27,34127,30131,05330,65430,38330,64730,39530,56030,21030,26732,29424,350
Common Stock Par Or Stated Value Per Share
0.010.010.010.010.010.010.010.010.010.010.010.01
Common Stock Shares Authorized
900900900900900900900900900900900900
Common Stock Shares Issued
588590595597599598599599600599598514
Shares Outstanding
562565570573574574575575576576575491
Treasury Stock Common Shares
262525252524242424232323

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
20261.29%-0.67%-1.67%---------
20258.89%15.00%19.37%-0.17%-0.66%-6.00%-1.96%5.66%10.94%11.92%10.02%15.95%
20243.60%0.71%4.49%8.90%10.05%13.22%6.83%2.69%4.18%-9.33%-11.47%-1.97%
2023---6.16%-1.59%2.31%10.12%14.03%15.65%6.89%10.18%8.64%

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Performance and Valuation Metrics

Metrics
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Liquidity Ratios
Current Ratio
1.01
1.00
1.01
0.99
0.96
0.98
0.99
0.95
0.94
0.99
1.01
1.75
Quick Ratio
1.01
1.00
1.01
0.99
0.96
0.98
0.99
0.95
0.94
0.99
1.01
1.75
Working Capital
28.00M
-17.00M
42.00M
-108.00M
-305.00M
-153.00M
-116.00M
-375.00M
-482.00M
-72.00M
71.00M
5.30B
Leverage & Debt
Debt to Equity
1.28
1.27
1.54
1.55
1.57
1.65
1.71
1.76
1.77
1.80
1.98
2.76
Interest Coverage TTM
7.41
6.82
6.35
5.84
5.27
4.81
4.34
3.86
3.83
4.43
5.56
7.64
Debt Ratio
0.56
0.56
0.61
0.61
0.61
0.62
0.63
0.64
0.64
0.64
0.66
0.73
Efficiency & Turnover
Asset Turnover TTM
0.30
0.29
0.27
0.27
0.27
0.26
0.24
0.26
0.23
0.24
0.23
0.25
Days Sales Outstanding TTM
43.42
43.32
43.41
40.33
41.66
44.59
48.12
40.04
43.29
46.79
48.33
37.51
Receivables Turnover TTM
8.41
8.43
8.41
9.05
8.76
8.19
7.59
9.12
8.43
7.80
7.55
9.73
Per Share Metrics
Diluted EPS TTM
3.46
3.34
3.09
2.81
2.60
2.20
1.93
1.65
1.63
1.71
2.08
2.23
Free Cash Flow Per Share TTM
3.46
3.54
3.47
3.66
3.72
3.23
3.01
2.54
2.67
2.61
3.05
3.30
Dividend Per Share TTM
1.13
1.09
1.05
1.02
0.99
0.96
0.94
0.92
0.87
0.82
0.87
0.84
Margin Metrics
Gross Profit Margin TTM
64.27%
65.27%
63.53%
62.11%
60.46%
60.97%
62.82%
64.69%
66.00%
66.04%
64.23%
61.44%
Operating Profit Margin TTM
29.60%
29.40%
28.21%
27.09%
25.58%
24.74%
24.30%
23.29%
24.63%
25.40%
26.02%
26.24%
Net Profit Margin TTM
22.52%
23.03%
21.64%
19.85%
18.53%
16.33%
15.07%
13.60%
14.37%
15.92%
17.43%
18.35%
Growth Metrics
Net Revenue Growth (1Y)
7.42%
6.15%
11.65%
16.71%
23.87%
26.06%
22.03%
16.94%
7.52%
-0.31%
-2.60%
-1.82%
Net Income Growth (1Y)
30.52%
49.73%
60.36%
70.34%
59.81%
29.25%
5.49%
-13.35%
-14.35%
-13.41%
-5.88%
-3.84%
EPS Growth (1Y)
32.82%
51.90%
60.97%
70.88%
60.45%
29.34%
-7.44%
-25.98%
-27.07%
-26.28%
-8.21%
-3.86%
Valuation Metrics
P/E TTM
22.61
25.08
30.93
30.90
33.64
33.63
39.15
43.06
35.91
35.69
26.87
20.90
P/B TTM
3.71
3.98
4.52
4.17
4.29
3.72
3.90
3.71
3.10
3.26
2.62
3.55
P/S TTM
5.09
5.77
6.69
6.13
6.23
5.49
5.90
5.86
5.16
5.68
4.68
3.84
Market Cap
44.47B
47.95B
55.31B
50.22B
50.69B
42.94B
43.65B
41.08B
33.87B
35.26B
28.40B
23.01B
Enterprise Value
52.43B
56.39B
60.38B
54.87B
55.67B
47.54B
48.12B
45.14B
38.19B
44.86B
31.74B
21.88B
Calculated Values
Free Cash Flow TTM
1.95B
2.00B
1.99B
2.10B
2.13B
1.86B
1.73B
1.46B
1.54B
1.50B
1.54B
1.62B
Net Debt
7.96B
8.44B
5.07B
4.66B
4.98B
4.60B
4.47B
4.06B
4.32B
9.60B
3.34B
-1.13B
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-06-11Sale
Owner: Smith, Bryan Everard
Title: EVP, CPO
Shares: 3,000
Price/Share: $86.91
Value: $260,730.00
Shares Owned: 71,944
Relationship: Officer
Ownership: Direct
2026-06-11Purchase
Owner: Investor, Ab, Innax Ab
Title: -
Shares: 56,782
Price/Share: $85.98
Value: $4,882,116.36
Shares Owned: 58,439,208
Relationship: TenPercentOwner
Ownership: Indirect
2026-05-18Sale
Owner: Griggs, Pc Nelson
Title: Pres. Capital Access Platforms
Shares: 5,093
Price/Share: $92.62
Value: $471,713.66
Shares Owned: 233,798
Relationship: Officer
Ownership: Direct
2026-04-28Sale
Owner: Peterson, Bradley J
Title: EVP, CIO
Shares: 7,710
Price/Share: $90.82
Value: $700,222.20
Shares Owned: 141,035
Relationship: Officer
Ownership: Direct
2026-04-27Sale
Owner: Tal, Cohen
Title: Pres. Market Platforms
Shares: 15,518
Price/Share: $90.75
Value: $1,408,258.50
Shares Owned: 215,208
Relationship: Officer
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
80.00%
Inst. Shares: 453,466,649
Shares Outstanding: 566,824,539
2025-12-31
81.09%
Inst. Shares: 464,843,940
Shares Outstanding: 573,257,760
2025-09-30
80.33%
Inst. Shares: 460,522,652
Shares Outstanding: 573,286,343
2025-06-30
80.21%
Inst. Shares: 460,477,819
Shares Outstanding: 574,073,104
2025-03-31
80.62%
Inst. Shares: 463,618,128
Shares Outstanding: 575,045,177

NASDAQ, INC. (NDAQ) — SEC Financial Statements & Analysis

NASDAQ, INC. (NDAQ) is a security & commodity brokers, dealers, exchanges & services company, incorporated in DE. NASDAQ, INC. trades on Nasdaq as: NDAQ. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), NASDAQ, INC. reported a 7.42% year-over-year revenue growth, a Gross Profit Margin of 64.27% (TTM), a Debt-to-Equity ratio of 1.28x, a Price-to-Sales (P/S) ratio of 5.09x (TTM), a Price-to-Book (P/B) ratio of 3.71 (TTM), at a market cap of $44.47B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
7.42%
Gross Profit Margin TTM
64.27%
Debt To Equity
1.28x
P/S TTM
5.09x
P/B TTM
3.71
Market Cap
$44.47B

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is NASDAQ, INC. in?

NASDAQ, INC. (NDAQ) operates in the Security & Commodity Brokers, Dealers, Exchanges & Services industry.

What is NDAQ's market cap?

NASDAQ, INC. (NDAQ) has a market capitalization of $44.47B as of 2026-06-30.

What is NDAQ's P/E ratio?

NASDAQ, INC. (NDAQ)'s trailing twelve month P/E ratio is 22.61x as of 2026-06-30.

What exchange does NDAQ trade on?

NASDAQ, INC. (NDAQ) trades on the Nasdaq.

Where is NASDAQ, INC. incorporated?

NASDAQ, INC. is incorporated in DE.

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NASDAQ, INC. (NDAQ) financial data sourced directly from SEC EDGAR filings — including the latest 10-K annual report, 10-Q quarterly filings, insider transactions (SEC Form 4), institutional ownership (SEC Form 13F), Earning Marker Reaction Heat Map and 90+ calculated financial metrics like Price to Earnings Ratio (P/E), Return on Equity (ROE), Debt to Equity (D/E), Free Cash Flow Per Share (FCF/S), and Return on Invested Capital (ROIC). Unlike platforms that rely on third-party data aggregators, GeminIQ parses raw SEC filings directly — delivering institutional-grade accuracy at a fraction of the cost of Bloomberg Terminal or S&P Capital IQ.