When did Nasdaq, Inc. report Q1 2025 earnings?

Nasdaq, Inc. (NDAQ) reported Q1 2025 earnings on April 24, 2025 before market open.

What were Nasdaq, Inc.'s Q1 2025 revenue and EPS?

Nasdaq, Inc. reported revenue of $2.1B and diluted EPS of $0.79 for Q1 2025.

Did Nasdaq, Inc. beat estimates in Q1 2025?

Revenue beat the consensus estimate of $1.2B by $859.5M. EPS beat the consensus estimate of $0.77 by $0.02.

How did Nasdaq, Inc.'s Q1 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 24.9% from $1.7B a year earlier and diluted EPS grew 25.4% from $0.63.

Where can I find Nasdaq, Inc.'s Q1 2025 SEC filings?

You can read the 10-Q periodic report (0001120193-25-000012) directly on SEC EDGAR. The filing index links above go to sec.gov.

Nasdaq, Inc. NDAQ Q1 2025 earnings

Reported April 24, 2025 · Before market open

Revenue$2.1BBeat by $859.5M Diluted EPS$0.79Beat by $0.02

Revenue estimate$1.2B

EPS estimate$0.77

Next report

Jul 23, 2026 (In 1 week)

Revenue estimate$1.4B

EPS estimate$0.96

Financials

Q1 2025

Income statement

See full

Revenue$2.1B+25.2%

Gross profit$1.2B+10.7%

Operating income$547.0M+33.4%

Net income$395.0M+68.8%

EPS (diluted)$0.68+70.0%

Balance sheet

See full

Cash & equivalents$4.7B-9.5%

Total debt$10.2B-2.8%

Total equity$11.5B+6.8%

Total assets$30.6B+1.3%

Cash flow

See full

Operating cash flow$663.0M+25.1%

CapEx$49.0M+25.6%

Free cash flow$614.0M+25.1%

Valuation & ratios

Valuation

as of 03/31/25

See full

Market cap$43.63B+20.2%

Enterprise value$49.07B+18.1%

P/E34.1×-2.5×

P/S5.6×-0.3×

Profitability

See full

Gross margin61%-5.1pp

Operating margin24.7%-0.7pp

Net margin16.3%+0.4pp

FCF margin23.7%-0.5pp

Returns & leverage

See full

Return on equity11.4%-0.3pp

Debt / equity0.9×-0.1×

Current ratio1×0.0×

Segments

By segment

See full

Market Services$1.1B+43.6%

Capital Access Platforms$508.0M+6.1%

Financial Technology$432.0M+10.2%

By geography

See full

United States$1.7B—

Versus estimates

Revenue

Q1 2026$1.4BBeat by $36.3M Q4 2025$1.4BBeat by $25.5M Q2 2025$2.1BBeat by $812.6M

Q1 2025$2.1BBeat by $859.5M

Q4 2024$2.0BBeat by $803.4M Q3 2024$1.9BBeat by $731.8M

Diluted EPS

Q1 2026$0.96Beat by $0.03 Q4 2025$0.96Beat by $0.04 Q2 2025$0.85Beat by $0.04

Q1 2025$0.79Beat by $0.02

Q4 2024$0.76Beat by $0.02 Q3 2024$0.74Beat by $0.05

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Questions, answered.

When did Nasdaq, Inc. report Q1 2025 earnings?: Nasdaq, Inc. (NDAQ) reported Q1 2025 earnings on April 24, 2025 before market open.
What were Nasdaq, Inc.'s Q1 2025 revenue and EPS?: Nasdaq, Inc. reported revenue of $2.1B and diluted EPS of $0.79 for Q1 2025.
Did Nasdaq, Inc. beat estimates in Q1 2025?: Revenue beat the consensus estimate of $1.2B by $859.5M. EPS beat the consensus estimate of $0.77 by $0.02.
How did Nasdaq, Inc.'s Q1 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 24.9% from $1.7B a year earlier and diluted EPS grew 25.4% from $0.63.
Where can I find Nasdaq, Inc.'s Q1 2025 SEC filings?: You can read the 10-Q periodic report (0001120193-25-000012) directly on SEC EDGAR. The filing index links above go to sec.gov.