What is Nasdaq, Inc.'s intangibles (net)?

Nasdaq, Inc. (NDAQ) reported intangibles (net) of $5.01B in Q2 2026.

What does intangibles (net) mean?

Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

Nasdaq, Inc. NDAQ Intangibles (Net)

Intangibles (Net) at other companies

S&P GlobalSPGI

$15.7B-2.4%

BGC Group, Inc.BGC

$337.76M+120%

Cboe Global MarketsCBOE

$1.27B-6.8%

MSCIMSCI

$855.9M—

Intercontinental ExchangeICE

$14.87B-6.2%

Tradeweb Markets Inc.TW

$1.09B-10.1%

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$53.64B-3.0%

Enterprise value$62.43B+1.9%

P/E27.3×-9.4×

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 ratio1×0.0×

Where this comes from

Reported directly by Nasdaq, Inc. in its filing.

Tagged under the XBRL concept us-gaap:FiniteLivedIntangibleAssetsNet.

The official record: Nasdaq, Inc.’s 10-Q, filed July 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nasdaq, Inc.'s intangibles (net)?: Nasdaq, Inc. (NDAQ) reported intangibles (net) of $5.01B in Q2 2026.
What does intangibles (net) mean?: Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.