Nasdaq, Inc. NDAQ Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Total revenues by Business | |||||
| Capital Access Platforms | $2.13B+9.5% | $1.95B+11.6% | $1.74B+3.6% | $1.68B+7.5% | |
| Financial Technology | $1.85B+11.8% | $1.66B+94.5% | $851M-1.5% | $864M+11.9% | |
| Market Services | $4.22B+11.9% | $3.77B+19.5% | $3.15B-13.3% | $3.64B+4.7% | |
| Contract with Customer, Liability, Revenue Recognized Including Opening Balance by Product | |||||
| Capital Markets Technology | $168M-2.9% | $173M+193% | $59M— | —— | |
| Financial Crime Management Technology | $144M+23.1% | $117M+14.7% | $102M— | —— | |
| Initial Listings | $34M-5.6% | $36M-7.7% | $39M— | —— | |
| Other | $14M+27.3% | $11M+22.2% | $9M— | —— | |
| Regulatory Technology | $135M+114% | $63M+232% | $19M— | —— | |
| Workflow & Insights | $181M+1.7% | $178M+5.3% | $169M— | —— | |
| Total revenues by Geography | |||||
| All other countries | $2.31B+47.4% | $1.57B+31.3% | $1.19B+6.0% | $1.13B+5.8% | |
| United States | $5.96B+2.2% | $5.83B+19.7% | $4.87B-4.5% | $5.1B+5.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Nasdaq, Inc. break its business down?
- Nasdaq, Inc. (NDAQ) reports total revenues by business across 3 parts — Capital Access Platforms, Financial Technology and Market Services. Each is extracted from the segment footnotes and tracked over time.
- Where does Nasdaq, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Nasdaq, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
