What is Nasdaq, Inc.'s operating cash flow?

Nasdaq, Inc. (NDAQ) reported operating cash flow of $689M in Q1 2026.

How has Nasdaq, Inc.'s operating cash flow changed year-over-year?

Nasdaq, Inc.'s operating cash flow increased by 3.9% year-over-year, from $663M to $689M.

What is the long-term trend for Nasdaq, Inc.'s operating cash flow?

Over 4 years (2021 to 2025), Nasdaq, Inc.'s operating cash flow has grown at a 20.1% compound annual growth rate (CAGR), from $1.08B to $2.26B.

What does operating cash flow mean?

Total cash generated by or used in core business operations — the single most important cash flow metric for assessing business health.

Nasdaq, Inc. NDAQ Operating Cash Flow

Operating Cash Flow at other companies

S&P GlobalSPGI

$1.04B+8.8%

BGC Group, Inc.BGC

$20.19M+2,307%

Cboe Global MarketsCBOE

$1.96B+115%

MSCIMSCI

$306.8M+1.7%

Intercontinental ExchangeICE

$1.33B+37.3%

Tradeweb Markets Inc.TW

$103.83M+72.5%

Other financials

Income statement

See full

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

See full

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

See full

CapEx$60.0M+22.4%

Free cash flow$629.0M+2.4%

Valuation

See full

Market cap$43.91B-11.2%

Enterprise value$52.73B-3.9%

P/E23×-15.7×

P/S5.3×-1.0×

Profitability

See full

Gross margin65.2%+4.2pp

Operating margin29.4%+4.6pp

Net margin23%+6.7pp

FCF margin24.1%+0.4pp

Returns & leverage

See full

Return on equity16.2%+4.8pp

Debt / equity0.8×-0.1×

Current ratio1×0.0×

Where this comes from

Reported directly by Nasdaq, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities.

The official record: Nasdaq, Inc.’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

Ask your AI about Nasdaq, Inc.'s operating cash flow.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Nasdaq, Inc.'s operating cash flow?: Nasdaq, Inc. (NDAQ) reported operating cash flow of $689M in Q1 2026.
How has Nasdaq, Inc.'s operating cash flow changed year-over-year?: Nasdaq, Inc.'s operating cash flow increased by 3.9% year-over-year, from $663M to $689M.
What is the long-term trend for Nasdaq, Inc.'s operating cash flow?: Over 4 years (2021 to 2025), Nasdaq, Inc.'s operating cash flow has grown at a 20.1% compound annual growth rate (CAGR), from $1.08B to $2.26B.
What does operating cash flow mean?: Total cash generated by or used in core business operations — the single most important cash flow metric for assessing business health.