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Nasdaq, Inc. NDAQ Net gains (losses) on investments

Net gains (losses) on investments at other companies

Cboe Global Markets logo
Cboe Global MarketsCBOE
$0+100%
Intercontinental Exchange logo
Intercontinental ExchangeICE
$17M+183%
Freedom Holding logo
Freedom HoldingFRHC
-$123K-55.7%
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
$2.21B+3,218%
CME Group logo
CME GroupCME
-$22.9M-981%

Other financials

Income statement

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Revenue$2.5B+20.5%
Gross profit$1.5B+14.9%
Operating income$712.0M+25.4%
Net income$507.0M+12.2%
EPS (diluted)$0.89+14.1%

Balance sheet

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Cash & equivalents$800.0M-81.0%
Total debt$9.6B-5.9%
Total equity$12.0B+1.5%
Total assets$27.3B-10.0%

Cash flow

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Operating cash flow$711.0M-4.7%
CapEx$77.0M+30.5%
Free cash flow$634.0M-7.7%

Valuation

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Market cap$53.45B-3.9%
Enterprise value$62.24B+1.0%
P/E27.2×-9.7×
P/S6.1×-0.7×

Profitability

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Gross margin64.2%+3.7pp
Operating margin29.5%+3.9pp
Net margin22.5%+3.9pp
FCF margin22.3%-4.0pp

Returns & leverage

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Return on equity16.5%+3.2pp
Debt / equity0.8×-0.1×
Current ratio0.0×

Where this comes from

Reported directly by Nasdaq, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The source filing: Nasdaq, Inc.’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:13 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001120193-26-000013
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest expense(86)(95)(172)(192)
Net gain on divestitures398939
Other income (losses)(2)1(15)
Net income from unconsolidated investees21234750
Income before income taxes6535481,3311,036
Income tax provision14696305190
Net income$507$452$1,026$846
Net loss attributable to noncontrolling interests1

Item 1. Financial Statements

FAQ

What is Nasdaq, Inc.'s net gains (losses) on investments?
Nasdaq, Inc. (NDAQ) reported net gains (losses) on investments of $21M in Q2 2026.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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