Discontinued — last reported Q4 '23

Products & Services · Revenues less transaction-based expenses

Regulatory Technology — Revenues less transaction-based expenses

Nasdaq, Inc. Regulatory Technology — Revenues less transaction-based expenses remained flat by 0.0% to $53.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 63.1%, from $32.50M to $53.00M. Over 2 years (FY 2021 to FY 2023), Regulatory Technology — Revenues less transaction-based expenses shows an upward trend with a 29.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2023
Rolls up toGross Profit

How to read this metric

An increase indicates growing adoption of compliance software and improved operational efficiency within the regulatory technology business unit. A decrease may suggest pricing pressure, loss of market share in compliance solutions, or higher costs associated with delivering these specialized services.

Detailed definition

This metric represents the net revenue generated from regulatory technology solutions after deducting direct costs assoc...

Peer comparison

Comparable to net software revenue or subscription-based service revenue reported by financial technology and regtech peers, excluding pass-through transaction fees.

Metric ID: ndaq_segment_regulatory_technology_revenues_less_transaction_based_expenses

Historical Data

3 years
 FY'21FY'22FY'23
Value$127.00M$130.00M$212.00M
YoY Change+2.4%+63.1%
Range$127.00M$212.00M
CAGR+29.2%
Avg YoY Growth+32.7%
Median YoY Growth+32.7%
Current Streak2+ years growth

Frequently Asked Questions

What is Nasdaq, Inc.'s regulatory technology — revenues less transaction-based expenses?
Nasdaq, Inc. (NDAQ) reported regulatory technology — revenues less transaction-based expenses of $53.00M in Q4 2023.
How has Nasdaq, Inc.'s regulatory technology — revenues less transaction-based expenses changed year-over-year?
Nasdaq, Inc.'s regulatory technology — revenues less transaction-based expenses increased by 63.1% year-over-year, from $32.50M to $53.00M.
What is the long-term trend for Nasdaq, Inc.'s regulatory technology — revenues less transaction-based expenses?
Over 2 years (2021 to 2023), Nasdaq, Inc.'s regulatory technology — revenues less transaction-based expenses has grown at a 29.2% compound annual growth rate (CAGR), from $127.00M to $212.00M.
What does regulatory technology — revenues less transaction-based expenses mean?
Net revenue from regulatory and compliance software products after subtracting direct transaction-related costs.