Business Segments · Revenues less transaction-based expenses

Financial Technology — Revenues less transaction-based expenses

Nasdaq, Inc. Financial Technology — Revenues less transaction-based expenses increased by 4.1% to $306.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.5%, from $254.00M to $306.00M. Over 4 years (FY 2021 to FY 2025), Financial Technology — Revenues less transaction-based expenses shows an upward trend with a 9.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026
Rolls up toGross Profit

How to read this metric

Higher values suggest better operational efficiency and stronger pricing power within the technology segment.

Detailed definition

Calculates the net revenue for the financial technology segment after subtracting costs directly associated with process...

Peer comparison

Similar to net revenue or net fee revenue metrics used by financial services firms to strip out variable transaction-linked expenses.

Metric ID: ndaq_segment_financial_technology_revenues_less_transaction_based_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$193.00M$193.00M$193.00M$216.00M$216.00M$216.00M$216.00M$145.00M$146.00M$145.00M$663.00M$238.00M$258.00M$234.00M$266.00M$254.00M$279.00M$264.00M$294.00M$306.00M
QoQ Change+0.0%+0.0%+11.9%+0.0%+0.0%+0.0%-32.9%+0.7%-0.7%+357.2%-64.1%+8.4%-9.3%+13.7%-4.5%+9.8%-5.4%+11.4%+4.1%
YoY Change+11.9%+11.9%+11.9%-32.9%-32.4%-32.9%+206.9%+64.1%+76.7%+61.4%-59.9%+6.7%+8.1%+12.8%+10.5%+20.5%
Range$145.00M$663.00M
CAGR+10.2%
Avg YoY Growth+21.6%
Median YoY Growth+11.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Nasdaq, Inc.'s financial technology — revenues less transaction-based expenses?
Nasdaq, Inc. (NDAQ) reported financial technology — revenues less transaction-based expenses of $306.00M in Q1 2026.
How has Nasdaq, Inc.'s financial technology — revenues less transaction-based expenses changed year-over-year?
Nasdaq, Inc.'s financial technology — revenues less transaction-based expenses increased by 20.5% year-over-year, from $254.00M to $306.00M.
What is the long-term trend for Nasdaq, Inc.'s financial technology — revenues less transaction-based expenses?
Over 4 years (2021 to 2025), Nasdaq, Inc.'s financial technology — revenues less transaction-based expenses has grown at a 9.0% compound annual growth rate (CAGR), from $772.00M to $1.09B.
What does financial technology — revenues less transaction-based expenses mean?
Net revenue from financial technology services after accounting for direct transaction costs.