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Nasdaq, Inc. NDAQ Capital Access Platforms — Other expenses

Other segment segments

Financial Technology
$39M+34.5%
Market Services
$24M+20.0%

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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$43.91B-11.2%
Enterprise value$52.73B-3.9%
P/E23×-15.7×
P/S5.3×-1.0×

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 us-gaap:OtherExpenses.

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 capital access platforms — other expenses?
Nasdaq, Inc. (NDAQ) reported capital access platforms — other expenses of $46M in Q1 2026.
How has Nasdaq, Inc.'s capital access platforms — other expenses changed year-over-year?
Nasdaq, Inc.'s capital access platforms — other expenses increased by 12.2% year-over-year, from $41M to $46M.
What is the long-term trend for Nasdaq, Inc.'s capital access platforms — other expenses?
Over 3 years (2022 to 2025), Nasdaq, Inc.'s capital access platforms — other expenses has grown at a 8.0% compound annual growth rate (CAGR), from $138M to $174M.
What does capital access platforms — other expenses mean?
This metric represents the miscellaneous operating costs associated with the Capital Access Platforms segment that are not classified under direct cost of revenue, personnel, or depreciation. It captures overhead, administrative support, and other ancillary expenses required to maintain the segment's market infrastructure and service offerings. Monitoring these expenses is essential for understanding the segment's operational efficiency and cost structure.