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Nasdaq, Inc. NDAQ Market Services — Other expenses

Other segment segments

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$46M+12.2%
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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 ratio0.0×

Where this comes from

Reported directly by Nasdaq, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OtherExpenses.

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 market services — other expenses?
Nasdaq, Inc. (NDAQ) reported market services — other expenses of $24M in Q1 2026.
How has Nasdaq, Inc.'s market services — other expenses changed year-over-year?
Nasdaq, Inc.'s market services — other expenses increased by 20.0% year-over-year, from $20M to $24M.
What is the long-term trend for Nasdaq, Inc.'s market services — other expenses?
Over 3 years (2022 to 2025), Nasdaq, Inc.'s market services — other expenses has grown at a 7.3% compound annual growth rate (CAGR), from $68M to $84M.
What does market services — other expenses mean?
This category aggregates miscellaneous costs within the market services segment that do not fall under primary operational or direct cost categories. It may include legal fees, regulatory compliance costs, or one-time project-related expenditures.