Other revenues — Revenues less transaction-based expenses
Nasdaq, Inc. Other revenues — Revenues less transaction-based expenses decreased by 76.5% to $8.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.1%, from $9.00M to $8.00M. Over 3 years (FY 2021 to FY 2025), Other revenues — Revenues less transaction-based expenses shows an upward trend with a 29.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests successful diversification into higher-margin service areas or improved operational efficiency in non-core business lines. A decrease may indicate pricing pressure in secondary markets or rising costs associated with delivering these specialized services.
Detailed definition
This metric represents the net revenue generated from ancillary business activities after accounting for direct costs as...
Peer comparison
Peers in the financial exchange and market infrastructure sector typically report similar 'non-transactional' or 'service-based' revenue streams, which are often valued for their recurring nature compared to volatile trading volumes.
ndaq_segment_other_revenues_revenues_less_transaction_based_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '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 | $11.00M | $2.00M | $0.00 | $5.00M | $4.00M | $12.00M | $10.00M | $10.00M | $10.00M | $9.00M | $9.00M | $8.00M | $8.00M | $11.00M | $9.00M | $9.00M | $9.00M | $34.00M | $8.00M |
| QoQ Change | — | -81.8% | -100.0% | — | -20.0% | +200.0% | -16.7% | +0.0% | +0.0% | -10.0% | +0.0% | -11.1% | +0.0% | +37.5% | -18.2% | +0.0% | +0.0% | +277.8% | -76.5% |
| YoY Change | — | — | — | — | -63.6% | +500.0% | +100.0% | +150.0% | -16.7% | — | -10.0% | -20.0% | -20.0% | +22.2% | +0.0% | +12.5% | +12.5% | +209.1% | -11.1% |
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Frequently Asked Questions
- What is Nasdaq, Inc.'s other revenues — revenues less transaction-based expenses?
- Nasdaq, Inc. (NDAQ) reported other revenues — revenues less transaction-based expenses of $8.00M in Q1 2026.
- How has Nasdaq, Inc.'s other revenues — revenues less transaction-based expenses changed year-over-year?
- Nasdaq, Inc.'s other revenues — revenues less transaction-based expenses decreased by 11.1% year-over-year, from $9.00M to $8.00M.
- What is the long-term trend for Nasdaq, Inc.'s other revenues — revenues less transaction-based expenses?
- Over 3 years (2021 to 2025), Nasdaq, Inc.'s other revenues — revenues less transaction-based expenses has grown at a 29.6% compound annual growth rate (CAGR), from $28.00M to $61.00M.
- What does other revenues — revenues less transaction-based expenses mean?
- This is the net income earned from non-core business services after subtracting the direct costs of processing those transactions.