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Nasdaq, Inc. NDAQ Capital Markets Technology — Foreign Currency Translation

Other product segments

Annual Listings
-$1M-200%
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 capital markets technology — foreign currency translation?
Nasdaq, Inc. (NDAQ) reported capital markets technology — foreign currency translation of -$1M in Q1 2026.
How has Nasdaq, Inc.'s capital markets technology — foreign currency translation changed year-over-year?
Nasdaq, Inc.'s capital markets technology — foreign currency translation decreased by 133.3% year-over-year, from $3M to -$1M.
What does capital markets technology — foreign currency translation mean?
Captures the impact of fluctuations in foreign exchange rates on the reported contract liability balances for the Capital Markets Technology segment. Since this segment operates globally, currency volatility can adjust the nominal value of deferred revenue. This metric isolates the non-operational impact of currency movements.