About Nasdaq, Inc.
https://www.nasdaq.comNasdaq, Inc. operates as a technology company that serves capital markets and other industries worldwide.
CEO
Adena T. Friedman
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2022-08-29 | Forward | 3:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 665
Ratings Snapshot
Rating : B
Most Recent Analyst Grades
Deutsche Bank
Buy
UBS
Buy
Goldman Sachs
Buy
B of A Securities
Buy
Raymond James
Outperform
Keefe, Bruyette & Woods
Outperform
Grade Summary
Showing Top 6 of 14
Price Target
Institutional Ownership
METATRON CAPITAL SICAV PLC
Shares:167.22M
Value:$16.73B
VANGUARD GROUP INC
Shares:59.65M
Value:$5.97B
INVESTOR AB
Shares:58.18M
Value:$5.82B
Summary
Showing Top 3 of 1,315
About Nasdaq, Inc.
https://www.nasdaq.comNasdaq, Inc. operates as a technology company that serves capital markets and other industries worldwide.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $1.96B ▼ | $284M ▼ | $423M ▼ | 21.6% ▼ | $0.74 ▼ | $771M ▼ |
| Q2-2025 | $2.09B | $293M ▲ | $452M ▲ | 21.63% ▲ | $0.79 ▲ | $798M ▲ |
| Q1-2025 | $2.09B ▲ | $269M ▼ | $395M ▲ | 18.9% ▲ | $0.69 ▲ | $736M ▲ |
| Q4-2024 | $2.03B ▲ | $294M ▲ | $355M ▲ | 17.49% ▲ | $0.62 ▲ | $689M ▲ |
| Q3-2024 | $1.9B | $286M | $306M | 16.09% | $0.53 | $607M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $2.53B ▲ | $30.65B ▲ | $18.62B ▲ | $12.02B ▲ |
| Q2-2025 | $2.01B ▼ | $30.38B ▼ | $18.57B ▼ | $11.81B ▲ |
| Q1-2025 | $2.55B ▲ | $30.65B ▲ | $19.09B ▼ | $11.55B ▲ |
| Q4-2024 | $776M ▲ | $30.39B ▼ | $19.2B ▼ | $11.19B ▲ |
| Q3-2024 | $468M | $30.56B | $19.48B | $11.07B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $423M ▼ | $221M ▼ | $-145M ▼ | $159M ▲ | $240M ▲ | $152M ▼ |
| Q2-2025 | $451M ▲ | $746M ▲ | $-59M ▲ | $-1.46B ▼ | $-530M ▼ | $687M ▲ |
| Q1-2025 | $395M ▲ | $663M ▼ | $-258M ▲ | $-1.08B ▼ | $-275M ▲ | $614M ▼ |
| Q4-2024 | $355M ▲ | $705M ▲ | $-1.01B ▼ | $-24M ▲ | $-789M ▼ | $645M ▲ |
| Q3-2024 | $305M | $244M | $73M | $-204M | $318M | $188M |
Revenue by Products
| Product | Q4-2024 | Q3-2025 | Q2-2025 | Q1-2025 |
|---|---|---|---|---|
 Capital Access Platforms | $1.76Bn ▲ | $550.00M ▼ | $530.00M ▼ | $520.00M ▼ |
 Market Services | $0 ▲ | $950.00M ▲ | $1.09Bn ▲ | $1.13Bn ▲ |
 Market Technology | $1.54Bn ▲ | $460.00M ▼ | $460.00M ▲ | $430.00M ▼ |
Revenue by Geography
| Region | Q2-2025 | Q1-2025 | Q3-2025 |
|---|---|---|---|
 NonUS | $400.00M ▲ | $390.00M ▼ | $400.00M ▲ |
 UNITED STATES | $1.69Bn ▲ | $1.70Bn ▲ | $1.56Bn ▼ |
CEO
Adena T. Friedman
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2022-08-29 | Forward | 3:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 665
Ratings Snapshot
Rating : B
Most Recent Analyst Grades
Deutsche Bank
Buy
UBS
Buy
Goldman Sachs
Buy
B of A Securities
Buy
Raymond James
Outperform
Keefe, Bruyette & Woods
Outperform
Grade Summary
Showing Top 6 of 14
Price Target
Institutional Ownership
METATRON CAPITAL SICAV PLC
Shares:167.22M
Value:$16.73B
VANGUARD GROUP INC
Shares:59.65M
Value:$5.97B
INVESTOR AB
Shares:58.18M
Value:$5.82B
Summary
Showing Top 3 of 1,315