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Nasdaq, Inc. NDAQ Financial Technology — D&A

Other segment segments

Capital Access Platforms
$13M+30.0%
Market Services
$12M+9.1%

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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 ratio1×0.0×

Where this comes from

Reported directly by Nasdaq, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DepreciationAndAmortization.

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 financial technology — D&A?
Nasdaq, Inc. (NDAQ) reported financial technology — D&A of $19M in Q1 2026.
How has Nasdaq, Inc.'s financial technology — D&A changed year-over-year?
Nasdaq, Inc.'s financial technology — D&A increased by 58.3% year-over-year, from $12M to $19M.
What is the long-term trend for Nasdaq, Inc.'s financial technology — D&A?
Over 4 years (2021 to 2025), Nasdaq, Inc.'s financial technology — D&A has grown at a 11.7% compound annual growth rate (CAGR), from $36M to $56M.
What does financial technology — D&A mean?
Represents the systematic allocation of the cost of tangible and intangible assets over their useful lives within the financial technology segment. This includes the amortization of software development costs and depreciation of hardware infrastructure.