NDAQ
Nasdaq Inc
NASDAQ: NDAQ · FINANCIAL SERVICES · FINANCIAL DATA & STOCK EXCHANGES
$91.91
+0.70% today
Updated 2026-04-30
Market cap
$51.10B
P/E ratio
27.08
P/S ratio
9.43x
EPS (TTM)
$3.32
Dividend yield
1.24%
52W range
$73 – $101
Volume
3.5M
Nasdaq Inc (NDAQ) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.66B | $2.44B | $3.65B | $3.41B | $3.19B | $3.44B | $3.12B | $3.21B | $3.50B | $3.40B | $3.70B | $3.95B | $4.28B | $4.26B | $5.63B | $5.89B | $6.23B | $6.06B | $7.40B | $8.22B |
| Revenue growth (YoY) | — | +47.0% | +49.8% | -6.5% | -6.4% | +7.7% | -9.2% | +2.9% | +9.0% | -2.8% | +8.8% | +6.6% | +8.3% | -0.4% | +32.1% | +4.6% | +5.8% | -2.6% | +22.0% | +11.1% |
| Cost of revenue | $970.38M | $1.62B | $2.19B | $1.96B | $2.18B | $2.31B | $1.99B | $1.97B | $2.14B | $2.04B | $2.24B | $2.37B | $2.62B | $2.59B | $3.68B | $3.65B | $3.89B | $3.52B | $4.41B | $4.28B |
| Gross profit | $687.39M | $812.24M | $1.46B | $1.45B | $1.01B | $1.13B | $1.13B | $1.24B | $1.36B | $1.37B | $1.47B | $1.58B | $1.66B | $1.66B | $1.94B | $2.23B | $2.34B | $2.55B | $2.99B | $3.94B |
| Gross margin | 41.5% | 33.3% | 40.0% | 42.6% | 31.7% | 32.9% | 36.1% | 38.7% | 38.9% | 40.1% | 39.6% | 40.1% | 38.7% | 39.1% | 34.5% | 37.9% | 37.6% | 42.0% | 40.4% | 47.9% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $381.87M | $386.87M | $654.00M | $714.00M | $253.00M | $265.00M | $258.00M | $329.00M | $356.00M | $298.00M | $312.00M | $329.00M | $359.00M | $349.00M | $386.00M | $338.00M | $369.00M | $370.00M | $373.00M | $75.00M |
| Operating income | $214.09M | $365.66M | $640.00M | $603.00M | $631.00M | $696.00M | $690.00M | $688.00M | $754.00M | $720.00M | $836.00M | $991.00M | $1.03B | $1.02B | $1.23B | $1.44B | $1.56B | $1.58B | $1.80B | $2.33B |
| Operating margin | 12.9% | 15.0% | 17.5% | 17.7% | 19.8% | 20.2% | 22.1% | 21.4% | 21.5% | 21.2% | 22.6% | 25.1% | 24.0% | 23.9% | 21.9% | 24.5% | 25.1% | 26.0% | 24.3% | 28.4% |
| EBITDA | $285.00M | $404.55M | $703.00M | $597.00M | $731.00M | $801.00M | $749.00M | $823.00M | $841.00M | $874.00M | $432.00M | $1.20B | $1.41B | $1.32B | $1.51B | $1.93B | $1.85B | $2.00B | $2.46B | $3.13B |
| EBITDA margin | 17.2% | 16.6% | 19.3% | 17.5% | 22.9% | 23.3% | 24.0% | 25.6% | 24.0% | 25.7% | 11.7% | 30.3% | 33.1% | 31.1% | 26.8% | 32.7% | 29.8% | 32.9% | 33.2% | 38.1% |
| EBIT | $214.09M | $365.66M | $610.00M | $493.00M | $628.00M | $692.00M | $645.00M | $701.00M | $704.00M | $736.00M | $262.00M | $1.01B | $1.20B | $1.13B | $1.30B | $1.65B | $1.59B | $1.67B | $1.85B | $2.49B |
| Interest expense | $91.10M | $72.86M | $97.00M | $102.00M | $102.00M | $119.00M | $97.00M | $111.00M | $117.00M | $111.00M | $135.00M | $143.00M | $150.00M | $124.00M | $101.00M | $115.00M | $120.00M | $272.00M | $398.00M | $88.00M |
| Income tax | $85.25M | $275.50M | $198.00M | $128.00M | $137.00M | $190.00M | $199.00M | $216.00M | $181.00M | $203.00M | $27.00M | $143.00M | $606.00M | $245.00M | $279.00M | $347.00M | $352.00M | $344.00M | $334.00M | $356.00M |
| Effective tax rate | 40.0% | 34.7% | 38.2% | 32.5% | 25.8% | 32.9% | 36.1% | 35.9% | 30.4% | 32.2% | 20.0% | 16.3% | 57.0% | 24.0% | 23.0% | 22.6% | 23.8% | 24.5% | 23.0% | 16.6% |
| Net income | $127.89M | $518.40M | $319.88M | $266.00M | $395.00M | $387.00M | $352.00M | $385.00M | $414.00M | $428.00M | $108.00M | $734.00M | $458.00M | $774.00M | $933.00M | $1.19B | $1.13B | $1.06B | $1.12B | $1.79B |
| Net income growth (YoY) | — | +305.3% | -38.3% | -16.8% | +48.5% | -2.0% | -9.0% | +9.4% | +7.5% | +3.4% | -74.8% | +579.6% | -37.6% | +69.0% | +20.5% | +27.2% | -5.2% | -5.9% | +5.5% | +60.2% |
| Profit margin | 7.7% | 21.3% | 8.8% | 7.8% | 12.4% | 11.3% | 11.3% | 12.0% | 11.8% | 12.6% | 2.9% | 18.6% | 10.7% | 18.2% | 16.6% | 20.2% | 18.1% | 17.5% | 15.1% | 21.8% |