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Companies/Nasdaq, Inc.
Company profile

Nasdaq, Inc.

NASDAQ: NDAQ · Financial Services · Financial - Data & Stock Exchanges
PublicHQ New York City, NY · New YorkCIK 0001120193Reports USD
#54 of 1,011 Financial Services companies by revenue59th-percentile growth
EA Score
85A
FH 86DQ 93GM 63SS 87
v0.1 · 65/100 weight · provisional
↑ Piotroski F, filing timeliness · ↓ 3-yr revenue growth, revenue growth (YoY)
Methodology →
Revenue TTM
$8.3B
Rev growth YoY (TTM)
+5.8%
Net income (FY)
$1.8B
Employees
9,377
Market cap
$47.9B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$8.3B$8.3B2025
Net income$1.8B$1.8B2025
Operating income$2.3B$2.3B2025
Total assets$31.1B$31.1B2025
Liabilities$18.8B$18.8B2025
Equity$12.2B$12.2B2025

Revenue trend

FY2018 – FY2025 · USD
$4.3B
FY18
$4.3B
FY19
$5.6B
FY20
$5.9B
FY21
$6.2B
FY22
$6.1B
FY23
$7.4B
FY24
$8.3B
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Market Services51%
Capital Access Platforms26%
Market Technology23%
By geography
UNITED STATES72%
Non-US28%
The read

Nasdaq, Inc. booked $8.3B in FY2025 revenue, growing 12% year over year — about the middle of the pack among Financial Services companies we track, at a 21.6% net margin.

Peers · Financial Services
State Street Corporation67BRocket Companies, Inc.——Sun Life Financial Inc.——Ameriprise Financial, Inc.73B
Neighbors
New York →
JPMorgan Chase & Co.$182.4B72BMorgan Stanley$34.3B60CThe Goldman Sachs Group, Inc.——Philip Morris International Inc.$40.6B86AAmerican Express Company$41.3B78B+Citigroup Inc.$85.2B56C
Key facts
CEOAdena T. Friedman
SectorFinancial Services
IndustryFinancial - Data & Stock Exchanges
HeadquartersNew York City, NY
ExchangeNASDAQ: NDAQ
Employees9,377
IPO date2002-07-01
Latest filings
8-K2026-07-018-K2026-06-16DEF 14A2026-04-2410-Q2026-04-248-K2026-04-2310-K2026-02-128-K2026-01-298-K2026-01-16
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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