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Nasdaq, Inc. NDAQ Other operating expenses

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Segments

By segment

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Capital Access Platforms$42M+2.4%
Financial Technology$34M+25.9%
Market Services$22M+10.0%

Other financials

Income statement

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Revenue$2.5B+20.5%
Gross profit$1.5B+14.9%
Operating income$712.0M+25.4%
Net income$507.0M+12.2%
EPS (diluted)$0.89+14.1%

Balance sheet

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Cash & equivalents$800.0M-81.0%
Total debt$9.6B-5.9%
Total equity$12.0B+1.5%
Total assets$27.3B-10.0%

Cash flow

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Operating cash flow$711.0M-4.7%
CapEx$77.0M+30.5%
Free cash flow$634.0M-7.7%

Valuation

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Market cap$52.86B-4.6%
Enterprise value$61.64B+0.4%
P/E26.9×-9.9×
P/S-0.8×

Profitability

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Gross margin64.2%+3.7pp
Operating margin29.5%+3.9pp
Net margin22.5%+3.9pp
FCF margin22.3%-4.0pp

Returns & leverage

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Return on equity16.5%+3.2pp
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:OperatingExpenses.

The source filing: Nasdaq, Inc.’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:13 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001120193-26-000013
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Regulatory9141929
Merger and strategic initiatives520944
Restructuring charges1492415
Total operating expenses7887381,5391,428
Operating income7125681,3691,115
Interest income8121324
Interest expense(86)(95)(172)(192)
Net gain on divestitures398939

Item 1. Financial Statements

FAQ

What is Nasdaq, Inc.'s other operating expenses?
Nasdaq, Inc. (NDAQ) reported other operating expenses of $788M in Q2 2026.
How has Nasdaq, Inc.'s other operating expenses changed year-over-year?
Nasdaq, Inc.'s other operating expenses increased by 6.8% year-over-year, from $738M to $788M.
What is the long-term trend for Nasdaq, Inc.'s other operating expenses?
Over 4 years (2021 to 2025), Nasdaq, Inc.'s other operating expenses has grown at a 10.2% compound annual growth rate (CAGR), from $1.98B to $2.92B.
What does other operating expenses mean?
Residual operating expenses not classified into specific categories, serving as a catch-all for miscellaneous operating costs.

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