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Nasdaq, Inc. NDAQ Initial Listings — 2030

Other product segments

Annual Listings
$0
Capital Markets Technology
$0
Financial Crime Management Technology
$0
Other
$0
Regulatory Technology
$0
Workflow & Insights
$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$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:ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFour.

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 initial listings — 2030?
Nasdaq, Inc. (NDAQ) reported initial listings — 2030 of $8M in Q1 2026.
How has Nasdaq, Inc.'s initial listings — 2030 changed year-over-year?
Nasdaq, Inc.'s initial listings — 2030 increased by 60.0% year-over-year, from $5M to $8M.
What is the long-term trend for Nasdaq, Inc.'s initial listings — 2030?
Over 2 years (2023 to 2025), Nasdaq, Inc.'s initial listings — 2030 has grown at a -18.9% compound annual growth rate (CAGR), from $38M to $25M.
What does initial listings — 2030 mean?
This represents the portion of deferred revenue from initial listing fees that is contractually expected to be recognized as revenue in the fiscal year 2030. It provides visibility into the long-tail revenue generated by the company's listing business. This helps in understanding the durability of the company's listing revenue model.