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Nasdaq, Inc. NDAQ Annual Listings — Foreign Currency Translation

Other product segments

Capital Markets Technology
-$1M-133%
Workflow & Insights
-$1M
Financial Crime Management Technology
$0
Initial Listings
$0-100%
Other
$0-100%
Regulatory Technology
$0-100%

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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+22.4%
Free cash flow$629.0M+2.4%

Valuation

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Market cap$44.58B-5.7%
Enterprise value$53.39B-0.1%
P/E23.3×-8.0×
P/S5.4×-0.5×

Profitability

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Gross margin65.2%+4.2pp
Operating margin29.4%+4.6pp
Net margin23%+6.7pp
FCF margin24.1%+0.4pp

Returns & leverage

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Return on equity16.2%+4.8pp
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 ndaq:ContractWithCustomerLiabilityRevenueTranslationAdjustment.

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 annual listings — foreign currency translation?
Nasdaq, Inc. (NDAQ) reported annual listings — foreign currency translation of -$1M in Q1 2026.
How has Nasdaq, Inc.'s annual listings — foreign currency translation changed year-over-year?
Nasdaq, Inc.'s annual listings — foreign currency translation decreased by 200.0% year-over-year, from $1M to -$1M.
What does annual listings — foreign currency translation mean?
Captures the impact of fluctuations in foreign exchange rates on the deferred revenue liability balance for international listing contracts. This adjustment ensures that the reported liability reflects current market values in the reporting currency. It highlights the sensitivity of the corporate services segment to global currency volatility.