Nasdaq, Inc.
Nasdaq is a leading global technology platform that provides infrastructure, data, and analytics to the financial system. The company operates regulated stock exchanges and provides mission-critical software solutions for market participants, focusing on capital access, financial crime management, and regulatory compliance.
Financials
Based on Q1 2026 filing
Revenue
View metricGross Profit
View metricNet Income
View metricOperating Cash Flow
View metricFree Cash Flow
View metricEPS (Diluted)
View metricBusiness Segments
Market Services
primaryIncludes the operation of 19 exchanges across North America and Europe covering multiple asset classes. This segment facilitates trading, clearing, and settlement for equities, derivatives, and commodities.
The Nasdaq Stock Market, Nasdaq PHLX, Nasdaq Nordic, Nasdaq Baltic, Nasdaq Clearing, Puro.earth
Market makers, Institutional investors, Algorithmic trading firms, Retail investors, Corporations
Capital Access Platforms
majorProvides liquidity and transparency to corporate issuers and the investment community through data services, listing platforms, and index licensing. It also offers workflow tools for asset managers and corporate governance solutions.
Nasdaq TotalView, Nasdaq Basic, Nasdaq-100 Index (NDX), eVestment, Nasdaq Boardvantage, Nasdaq IR Insight, Nasdaq Metrio, Nasdaq Fund Network, Nasdaq Data Link
Corporate issuers, Asset managers, Institutional investors, Retail brokers, Proprietary trading firms
Financial Technology
majorDelivers specialized software for financial crime management, regulatory reporting, and capital markets infrastructure. These solutions power global marketplaces and help financial institutions manage risk and compliance.
Verafin, AxiomSL, Calypso, Nasdaq Eqlipse, WorkX
Global Systemically Important Banks (G-SIBs), Broker-dealers, Market infrastructure operators, Regulators, Central banks
Segment Financials
Market Services — Total revenues
View metricMarket Services — Number of equity exchanges (in exchanges)
View metricMarket Services — Purchases of property and equipment
View metricCapital Access Platforms — Total number of listed companies within Nordic and Baltic exchanges (in companies)
View metricCapital Access Platforms — Number of exchange traded products licensed to Nasdaq's Indexes (in exchange traded products)
View metricCapital Access Platforms — Total revenues
View metricFinancial Crime Management Technology — Number of financial institution
View metricFinancial Technology — Total revenues
View metricFinancial Crime Management Technology — 2029
View metricBusiness Overview
Competitive Position
A dominant global exchange operator and a leading provider of anti-financial crime and regulatory technology following major acquisitions like Verafin and Adenza.
Geographies
North America, Europe, Asia, Middle East, Latin America
Customer Segments
Financial Institutions, Public Corporations, Government Agencies, Institutional Investors
Upstream Dependencies
Cloud infrastructure providers, Third-party data content providers, Hardware and network equipment manufacturers
Downstream Customers
Publicly traded companies, Investment banks, Retail brokerage firms, Asset management firms, National and regional regulators
Competitors & Partners
Competitors
Similar Companies
Partners
Amazon
AMZN
Strategic cloud provider for exchange migration and managed services for Calypso.
FINRA
Provides regulatory services to Nasdaq's U.S. markets under service agreements.
Subsidiaries
Verafin
Anti-financial crime management technology provider.
Adenza
Provider of AxiomSL and Calypso solutions for risk and regulatory reporting.
Nasdaq Stockholm AB
Operator of the Swedish stock exchange.
Puro.earth
Carbon removal marketplace (majority stake).
Nasdaq, Inc. FAQ
Common questions about Nasdaq, Inc.
Nasdaq is a leading global technology platform that provides infrastructure, data, and analytics to the financial system. The company operates regulated stock exchanges and provides mission-critical software solutions for market participants, focusing on capital access, financial crime management, and regulatory compliance.
Nasdaq, Inc. (NDAQ) has a market capitalization of $50.6B and trades on NASDAQ.
Nasdaq, Inc. generated $8.3B in trailing twelve-month revenue with net income of $1.9B, representing a net margin of 23.0%. Gross margin stands at 65.2%, with free cash flow of $2.0B. These figures are based on the Q1 2026 filing.
Nasdaq, Inc.'s key competitors include Intercontinental Exchange, S&P Global, MSCI, and others. These companies compete in similar markets and product categories.
Nasdaq, Inc. has approximately 8,568 employees.