Business Segments · Total revenues

Market Services — Total revenues

Nasdaq, Inc. Market Services — Total revenues increased by 0.3% to $1.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.7%, from $1.13B to $1.05B. Over 4 years (FY 2021 to FY 2025), Market Services — Total revenues shows an upward trend with a 3.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase suggests higher trading volumes or improved market share, while a decrease may indicate reduced market activity or competitive pressure.

Detailed definition

This represents the total gross revenue generated by the market services segment, primarily driven by transaction fees f...

Peer comparison

Comparable to transaction-based revenue metrics at other global exchange operators like NYSE or CBOE.

Metric ID: ndaq_segment_market_services_total_revenues

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$878.00M$814.00M$876.00M$958.00M$969.00M$972.00M$733.00M$879.00M$750.00M$747.00M$780.00M$794.00M$883.00M$1.02B$1.07B$1.13B$1.09B$946.00M$1.04B$1.05B
QoQ Change-7.3%+7.6%+9.4%+1.1%+0.3%-24.6%+19.9%-14.7%-0.4%+4.4%+1.8%+11.2%+15.7%+4.9%+5.8%-3.9%-13.2%+10.4%+0.3%
YoY Change+10.4%+19.4%-16.3%-8.2%-22.6%-23.1%+6.4%-9.7%+17.7%+36.8%+37.4%+42.8%+23.4%-7.4%-2.6%-7.7%
Range$733.00M$1.13B
CAGR+3.8%
Avg YoY Growth+6.0%
Median YoY Growth+1.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Nasdaq, Inc.'s market services — total revenues?
Nasdaq, Inc. (NDAQ) reported market services — total revenues of $1.05B in Q1 2026.
How has Nasdaq, Inc.'s market services — total revenues changed year-over-year?
Nasdaq, Inc.'s market services — total revenues decreased by 7.7% year-over-year, from $1.13B to $1.05B.
What is the long-term trend for Nasdaq, Inc.'s market services — total revenues?
Over 4 years (2021 to 2025), Nasdaq, Inc.'s market services — total revenues has grown at a 3.3% compound annual growth rate (CAGR), from $3.71B to $4.21B.
What does market services — total revenues mean?
The total gross income earned from operating financial market trading services.