NASDAQ, INC.
NDAQNasdaq · SIC 6200
$91.64
↓ -2.8%Jul 17 close · end-of-day
Price
1Y↑ +4.2%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$52.4B
Enterprise Value
$60.8B
P/E
27.6
P/S
6.3
P/B
4.4
EV/EBITDA
23.4
PEG
2.5
FCF Yield
3.8%
Dividend Yield
1.2%
Revenue (TTM)
$8.3B
Net Income (TTM)
$1.9B
Free Cash Flow (TTM)
$2.0B
Gross Margin
65.3%
Operating Margin
29.4%
Net Margin
23.0%
ROE
15.9%
ROIC
9.8%
Debt / Equity
0.7
Net Cash
-$8.4B
Return 1Y
+3.2%
Company profile
Nasdaq, Inc. operates as a technology company that serves capital markets and other industries worldwide. The Market Technology segment offers Nasdaq Trade Surveillance, a SaaS solution for brokers and other market participants to assist them in complying with market rules, regulations, and internal market surveillance policies. The Investment Intelligence segment sells and distributes historical and real-time market data. The Corporate Platforms segment operates listing platforms; and offers investor relations intelligence and governance solutions.
- CEO
- Adena T. Friedman
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Trading
- Employees
- 6,380
- Headquarters
- New York
- Website
- nasdaq.com
Management & directors
- Smith Bryan EverardEVP, CPO
- Griggs Pc NelsonPres. Capital Access Platforms
- Peterson Bradley JEVP, CIO
- Tal CohenPres. Market Platforms
- Daly Michelle LynnSVP, Controller & PAO
- Friedman Adena TChair and CEO
- Skule JeremyEVP, CSO
- Zecca JohnEVP, Global CLO
- Youngwood SarahEVP & CFO
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-07-23
NDAQ Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$2.1B↑ +2.0%
Diluted EPS$0.91↑ +33.8%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $5.6B | $5.9B | $6.2B | $6.1B | $7.4B | $8.3B |
| Gross profit | $2.9B | $3.4B | $3.6B | $3.9B | $4.6B | $5.2B |
| Operating income | $1.2B | $1.4B | $1.6B | $1.6B | $1.8B | $2.3B |
| Net income | $933.0M | $1.2B | $1.1B | $1.1B | $1.1B | $1.8B |
| Diluted EPS | $1.86 | $2.35 | $2.26 | $2.08 | $1.93 | $3.09 |
| Operating cash flow | $1.3B | $1.1B | $1.7B | $1.7B | $1.9B | $2.3B |
| Free cash flow | $1.1B | $920.0M | $1.6B | $1.5B | $1.7B | $2.0B |
| Gross margin | 51.6% | 58.1% | 57.5% | 64.2% | 62.8% | 63.5% |
| Operating margin | 21.9% | 24.5% | 25.1% | 26.0% | 24.3% | 28.2% |
| Net margin | 16.6% | 20.2% | 18.1% | 17.5% | 15.1% | 21.6% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8B | $1.9B | $2.0B | $2.1B | $2.1B | $2.0B | $2.1B | $2.1B |
| Gross profit | $1.2B | $1.1B | $1.2B | $1.2B | $1.3B | $1.3B | $1.4B | $1.4B |
| Operating income | $423.0M | $448.0M | $517.0M | $547.0M | $568.0M | $586.0M | $630.0M | $657.0M |
| Net income | $222.0M | $306.0M | $355.0M | $395.0M | $452.0M | $423.0M | $518.0M | $519.0M |
| Diluted EPS | $0.38 | $0.53 | $0.62 | $0.68 | $0.78 | $0.73 | $0.90 | $0.91 |
| Operating cash flow | $460.0M | $244.0M | $705.0M | $663.0M | $746.0M | $221.0M | $625.0M | $689.0M |
| Free cash flow | $408.0M | $188.0M | $645.0M | $614.0M | $687.0M | $152.0M | $536.0M | $629.0M |
| Gross margin | 64.7% | 60.3% | 60.4% | 59.0% | 62.5% | 67.2% | 65.7% | 65.8% |
| Operating margin | 23.6% | 23.6% | 25.4% | 26.1% | 27.2% | 29.9% | 29.7% | 30.7% |
| Net margin | 12.4% | 16.1% | 17.5% | 18.8% | 21.6% | 21.6% | 24.5% | 24.3% |
Company news
Jul 20, 2026
- 4h agoHow Investors Are Reacting To Nasdaq (NDAQ) Index Revamp And Fintech Push With Georgia Partnershipfinance.yahoo.com
- 6h agoImportant notice to Shareholders of Xtrackers (IE) plcfinance.yahoo.com
- 7h agoWill Nasdaq's Beat Streak Continue This Earnings Season?finance.yahoo.com
- 7h agoCurious about Nasdaq (NDAQ) Q2 Performance? Explore Wall Street Estimates for Key Metricsfinance.yahoo.com
- 14h agoGeorgia's Five Largest Banks to Transform Treasury Infrastructure in Landmark Partnership Between Nasdaq Calypso and The National Bank of Georgiafinance.yahoo.com
Jul 17, 2026
Jul 16, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-01 | Smith Bryan Everard· EVP, CPO | Sale | 3,000 | $80.00 | $240,000.00 | filing |
| 2026-06-11 | INVESTOR AB | Buy | 56,782 | $85.98 | $4.9M | filing |
| 2026-06-11 | Innax AB | Buy | 56,782 | $85.98 | $4.9M | filing |
| 2026-06-11 | Smith Bryan Everard· EVP, CPO | Sale | 3,000 | $86.91 | $260,730.00 | filing |
| 2026-06-11 | Kazim Essa | Tax withholding | 622 | $86.72 | $53,939.84 | filing |
| 2026-06-11 | Torgeby Johan | Tax withholding | 300 | $86.72 | $26,016.00 | filing |
| 2026-06-10 | KLOET THOMAS A | Award | 4,554 | $0.00 | $0.00 | filing |
| 2026-06-10 | Townes-Whitley Toni | Award | 2,998 | $0.00 | $0.00 | filing |
| 2026-06-10 | ARNOLDI MELISSA | Award | 4,324 | $0.00 | $0.00 | filing |
| 2026-06-10 | SPLINTER MICHAEL R | Award | 5,246 | $0.00 | $0.00 | filing |
| 2026-06-10 | Kazim Essa | Award | 4,151 | $0.00 | $0.00 | filing |
| 2026-06-10 | Torgeby Johan | Award | 2,998 | $0.00 | $0.00 | filing |
| 2026-06-10 | SPAHT PAUL HOLDEN JR. | Award | 2,998 | $0.00 | $0.00 | filing |
| 2026-06-10 | YABUKI JEFFERY W | Award | 4,612 | $0.00 | $0.00 | filing |
| 2026-06-10 | BEGLEY CHARLENE T | Award | 2,998 | $0.00 | $0.00 | filing |
| 2026-06-10 | Koch Kathryn A. | Award | 3,171 | $0.00 | $0.00 | filing |
| 2026-06-10 | ZOLLAR ALFRED W | Award | 4,497 | $0.00 | $0.00 | filing |
| 2026-05-18 | Griggs PC Nelson· Pres. Capital Access Platforms | Sale | 5,093 | $92.62 | $471,713.66 | filing |
| 2026-04-28 | Peterson Bradley J· EVP, CIO | Sale | 7,710 | $90.82 | $700,222.20 | filing |
| 2026-04-27 | Tal Cohen· Pres. Market Platforms | Sale | 15,518 | $90.75 | $1.4M | filing |
| 2026-04-24 | Daly Michelle Lynn· SVP, Controller & PAO | Sale | 1,194 | $88.82 | $106,051.08 | filing |
| 2026-04-24 | Daly Michelle Lynn· SVP, Controller & PAO | Sale | 129 | $88.85 | $11,461.65 | filing |
| 2026-04-03 | FRIEDMAN ADENA T· Chair and CEO | Tax withholding | 8,075 | $86.65 | $699,698.75 | filing |
| 2026-04-03 | Tal Cohen· Pres. Market Platforms | Tax withholding | 1,565 | $86.65 | $135,607.25 | filing |
| 2026-04-03 | Griggs PC Nelson· Pres. Capital Access Platforms | Tax withholding | 1,565 | $86.65 | $135,607.25 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.