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Nasdaq, Inc. NDAQ Gross margin

Gross margin at other companies

S&P Global logo
S&P GlobalSPGI
70.5%+0.9pp
Cboe Global Markets logo
Cboe Global MarketsCBOE
54.1%+4.8pp
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
36.4%-0.7pp
Broadridge Financial Solutions logo
Broadridge Financial SolutionsBR
31.3%+0.9pp
SS&C Technologies logo
SS&C TechnologiesSSNC
48%-0.7pp
SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
83.6%+1.4pp

Other financials

Income statement

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Revenue$2.1B+2.0%
Gross profit$1.4B+13.7%
Operating income$657.0M+20.1%
Net income$519.0M+31.4%
EPS (diluted)$0.91+33.8%

Balance sheet

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Cash & equivalents$1.1B-76.0%
Total debt$9.9B-2.2%
Total equity$12.0B+4.2%
Total assets$27.3B-10.9%

Cash flow

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Operating cash flow$689.0M+3.9%
CapEx$60.0M+22.5%
Free cash flow$629.0M+2.4%

Valuation

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Market cap$47.1B+10.6%
Enterprise value$55.92B+16.3%
P/E24.6×-8.7×
P/S5.7×+0.2×

Profitability

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Operating margin29.4%+4.6pp
Net margin23%+6.7pp

Returns & leverage

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Return on equity16.2%+4.8pp
Debt / equity0.8×-0.1×
Current ratio0.0×

Where this comes from

Calculated from Nasdaq, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Nasdaq, Inc.’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nasdaq, Inc.'s gross margin?
Nasdaq, Inc. (NDAQ) reported gross margin of 65.2% in Q1 2026.
How has Nasdaq, Inc.'s gross margin changed year-over-year?
Nasdaq, Inc.'s gross margin increased by 7.0% year-over-year, from 61% to 65.2%.
What is the long-term trend for Nasdaq, Inc.'s gross margin?
Over 4 years (2021 to 2025), Nasdaq, Inc.'s gross margin has grown at a 3.0% compound annual growth rate (CAGR), from 220% to 247.2%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.