Nasdaq, Inc. NDAQ Financial Technology — Revenues less transaction-based expenses

Other segment segments

Similar metrics at other companies

ICEMortgage Technology — Revenues, less transaction-based expenses:

$539M+5.7%

TOSTFinancial technology solutions — Cost of revenue

$1.01B+21.7%

TOSTFinancial technology solutions — Total Revenue

$1.32B+22.3%

IDTFintech — Cost Of Revenue

$16.74M+4.4%

KFYTechnology — Fee revenue, percentage

0.3%—

INVTechnology — Miscellaneous other income (expense), net

-$256K-146%

Questions, answered.

What is Nasdaq, Inc.'s financial technology — revenues less transaction-based expenses?

Nasdaq, Inc. (NDAQ) reported financial technology — revenues less transaction-based expenses of $306M 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 $254M to $306M.

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 9.1% compound annual growth rate (CAGR), from $772M to $1.09B.

What does financial technology — revenues less transaction-based expenses mean?

Calculates the net revenue for the financial technology segment after subtracting costs directly associated with processing transactions. This provides a clearer view of the underlying profitability and margin profile of the technology services provided, excluding pass-through costs.