NASDAQ, INC.
NDAQ · Nasdaq · CIK 0001120193
SIC 6200
Security & Commodity Brokers, Dealers, Exchanges & Services
Category
Other
Entity
operating
Incorp.
DE
Fiscal Y/E
1231
Source: SEC EDGAR · All filings on SEC →
Investment Indicators
ROE
14.62%
ROA
5.76%
D/E Ratio
1.54
Current Ratio
1.01
Gross Margin
122.73%
Operating Margin
54.50%
Net Margin
41.81%
Book Value/Share
$21.45
Financial Statements
In USD millions (per-share figures shown directly) · Financials as of: 2026-02-12
Income Statement
| FY | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cost of Revenue | — | — | — | 2,644 | 2,466 |
| Gross Profit | 5,249 | 4,649 | 3,895 | 3,582 | 3,420 |
| Operating Expenses | 2,918 | 2,851 | 2,317 | 2,018 | 1,979 |
| Operating Income | 2,331 | 1,798 | 1,578 | 1,564 | 1,441 |
| Net Income | 1,788 | 1,117 | 1,059 | 1,125 | 1,187 |
| EPS (Basic) | 3.12 | 1.94 | 2.10 | 2.28 | 7.15 |
| EPS (Diluted) | 3.09 | 1.93 | 2.08 | 2.26 | 7.05 |
Balance Sheet
| FY | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Assets | 31,053 | 30,395 | 32,294 | 20,868 | 20,115 |
| Current Assets | 8,003 | 7,786 | 9,096 | 8,604 | 7,423 |
| Cash & Equivalents | 604 | 592 | 453 | 502 | 393 |
| Total Liabilities | 18,821 | 19,195 | 21,467 | 14,704 | 13,710 |
| Current Liabilities | 7,961 | 7,902 | 9,025 | 8,835 | 7,872 |
| Long-term Debt | 8,573 | 9,081 | 10,163 | 4,735 | 4,812 |
| Total Equity | 12,227 | 11,191 | 10,816 | 6,151 | 6,395 |
Cash Flow
| FY | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating CF | 2,255 | 1,939 | 1,696 | 1,706 | 1,083 |
| Investing CF | -1,100 | -953 | -5,994 | 49 | -2,653 |
| Financing CF | -2,953 | -2,561 | 4,220 | 1,036 | 1,418 |
| CapEx | 266 | 207 | 158 | 152 | 163 |
| Dividends Paid | 601 | 541 | 441 | 383 | 350 |
📄 SEC Filings
Proxy Statement
DEF 14A
2026-04-24
Open →
Quarterly Report
10-Q
2026-04-24
Open →
Current Report
8-K
2026-04-23
Open →
Annual Report
10-K
2026-02-12
Open →
Current Report
8-K
2026-01-29
Open →
Current Report
8-K
2026-01-16
Open →
Current Report
8-K
2025-12-15
Open →
Current Report
8-K
2025-12-01
Open →
Quarterly Report
10-Q
2025-10-23
Open →
Current Report
8-K
2025-10-21
Open →
Quarterly Report
10-Q
2025-07-25
Open →
Current Report
8-K
2025-07-24
Open →
Current Report
8-K
2025-06-16
Open →
Other filings (87)
SCHEDULE 13G
xslSCHEDULE_13G_X02/primary_doc.xml
2026-05-14
Open →
Insider Transaction
4
2026-04-30
Open →
SCHEDULE 13G
xslSCHEDULE_13G_X02/primary_doc.xml
2026-04-30
Open →
Insider Transaction
4
2026-04-29
Open →
144
xsl144X01/primary_doc.xml
2026-04-28
Open →
Insider Transaction
4
2026-04-28
Open →
144
xsl144X01/primary_doc.xml
2026-04-27
Open →
DEFA14A
DEFA14A
2026-04-24
Open →
144
xsl144X01/primary_doc.xml
2026-04-24
Open →
Insider Transaction
4
2026-04-07
Open →
Insider Transaction
4
2026-04-07
Open →
Insider Transaction
4
2026-04-07
Open →
Insider Transaction
4
2026-04-07
Open →
Insider Transaction
4
2026-04-07
Open →
Insider Transaction
4
2026-04-07
Open →
Insider Transaction
4
2026-04-07
Open →
Insider Transaction
4
2026-04-07
Open →
Insider Transaction
4
2026-04-02
Open →
Insider Transaction
4
2026-04-02
Open →
Insider Transaction
4
2026-04-02
Open →
Insider Transaction
4
2026-04-02
Open →
Insider Transaction
4
2026-04-02
Open →
Insider Transaction
4
2026-04-02
Open →
Insider Transaction
4
2026-04-02
Open →
Insider Transaction
4
2026-04-02
Open →
Insider Transaction
4
2026-04-02
Open →
SCHEDULE 13G/A
xslSCHEDULE_13G_X02/primary_doc.xml
2026-03-27
Open →
Insider Transaction
4
2026-03-13
Open →
Insider Transaction
4
2026-03-10
Open →
CERT
NDAQ_8A_Cert_1120193.pdf
2026-03-04
Open →
8-A12B
8-A12B
2026-03-04
Open →
Insider Transaction
4
2026-03-04
Open →
144
xsl144X01/primary_doc.xml
2026-03-02
Open →
Insider Transaction
4
2026-02-23
Open →
144
xsl144X01/primary_doc.xml
2026-02-19
Open →
Insider Transaction
4
2026-02-19
Open →
Insider Transaction
4
2026-02-17
Open →
Insider Transaction
4
2026-02-13
Open →
Insider Transaction
4
2026-02-13
Open →
Insider Transaction
4
2026-02-13
Open →
Insider Transaction
4
2026-02-13
Open →
Insider Transaction
4
2026-02-13
Open →
Insider Transaction
4
2026-02-13
Open →
Insider Transaction
4
2026-02-13
Open →
Insider Transaction
4
2026-02-13
Open →
Insider Transaction
4
2026-02-03
Open →
Insider Transaction
4
2026-02-03
Open →
Insider Transaction
4
2026-01-08
Open →
144
xsl144X01/primary_doc.xml
2026-01-06
Open →
Insider Transaction
4
2026-01-06
Open →
144
xsl144X01/primary_doc.xml
2026-01-02
Open →
Insider Transaction
4
2025-12-09
Open →
Insider Transaction
4
2025-12-09
Open →
Insider Transaction
4
2025-12-03
Open →
Insider Transaction
4
2025-12-03
Open →
144
xsl144X01/primary_doc.xml
2025-12-01
Open →
144
xsl144X01/primary_doc.xml
2025-12-01
Open →
Insider Transaction
4
2025-11-05
Open →
144
xsl144X01/primary_doc.xml
2025-11-03
Open →
S-8
S-8
2025-10-31
Open →
SCHEDULE 13G/A
xslSCHEDULE_13G_X01/primary_doc.xml
2025-10-06
Open →
Insider Transaction
4
2025-10-03
Open →
144
xsl144X01/primary_doc.xml
2025-10-01
Open →
Insider Transaction
4
2025-09-04
Open →
144
xsl144X01/primary_doc.xml
2025-09-02
Open →
SCHEDULE 13G/A
xslSCHEDULE_13G_X01/primary_doc.xml
2025-08-12
Open →
Insider Transaction
4
2025-08-06
Open →
Insider Transaction
4
2025-08-05
Open →
144
xsl144X01/primary_doc.xml
2025-08-04
Open →
144
xsl144X01/primary_doc.xml
2025-08-01
Open →
Insider Transaction
4
2025-07-29
Open →
144
xsl144X01/primary_doc.xml
2025-07-25
Open →
Insider Transaction
4
2025-07-03
Open →
Insider Transaction
4
2025-07-03
Open →
Insider Transaction
4
2025-07-03
Open →
144
xsl144X01/primary_doc.xml
2025-07-02
Open →
144
xsl144X01/primary_doc.xml
2025-07-01
Open →
Insider Transaction
4
2025-06-13
Open →
Insider Transaction
4
2025-06-13
Open →
Insider Transaction
4
2025-06-13
Open →
Insider Transaction
4
2025-06-13
Open →
Insider Transaction
4
2025-06-13
Open →
Insider Transaction
4
2025-06-13
Open →
Insider Transaction
4
2025-06-13
Open →
Insider Transaction
4
2025-06-13
Open →
Insider Transaction
4
2025-06-13
Open →
Insider Transaction
4
2025-06-13
Open →