What is Nasdaq, Inc.'s income tax?

Nasdaq, Inc. (NDAQ) reported income tax of $158M in Q1 2026.

How has Nasdaq, Inc.'s income tax changed year-over-year?

Nasdaq, Inc.'s income tax increased by 69.9% year-over-year, from $93M to $158M.

What is the long-term trend for Nasdaq, Inc.'s income tax?

Over 4 years (2021 to 2025), Nasdaq, Inc.'s income tax has grown at a 0.6% compound annual growth rate (CAGR), from $348M to $357M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Nasdaq, Inc. NDAQ Income Tax

Income Tax at other companies

S&P GlobalSPGI

$404M+24.3%

BGC Group, Inc.BGC

$31.98M+20.5%

Cboe Global MarketsCBOE

$129.8M+30.3%

MSCIMSCI

-$16.8M-140%

Intercontinental ExchangeICE

$465M+82.4%

Tradeweb Markets Inc.TW

$69.76M+30.9%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$689.0M+3.9%

CapEx$60.0M+22.4%

Free cash flow$629.0M+2.4%

Valuation

See full

Market cap$44.43B-12.2%

Enterprise value$53.24B-5.9%

P/E23.2×-10.3×

P/S5.4×-0.9×

Profitability

See full

Gross margin65.2%+4.2pp

Operating margin29.4%+4.6pp

Net margin23%+6.7pp

FCF margin24.1%+0.4pp

Returns & leverage

See full

Return on equity16.2%+4.8pp

Debt / equity0.8×-0.1×

Current ratio1×0.0×

Where this comes from

Reported directly by Nasdaq, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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

Ask your AI about Nasdaq, Inc.'s income tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Nasdaq, Inc.'s income tax?: Nasdaq, Inc. (NDAQ) reported income tax of $158M in Q1 2026.
How has Nasdaq, Inc.'s income tax changed year-over-year?: Nasdaq, Inc.'s income tax increased by 69.9% year-over-year, from $93M to $158M.
What is the long-term trend for Nasdaq, Inc.'s income tax?: Over 4 years (2021 to 2025), Nasdaq, Inc.'s income tax has grown at a 0.6% compound annual growth rate (CAGR), from $348M to $357M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.