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.
An increase suggests higher trading volumes or improved market share, while a decrease may indicate reduced market activity or competitive pressure.
This represents the total gross revenue generated by the market services segment, primarily driven by transaction fees f...
Comparable to transaction-based revenue metrics at other global exchange operators like NYSE or CBOE.
ndaq_segment_market_services_total_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |