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Nasdaq, Inc. NDAQ Total Operating Expenses

Total Operating Expenses at other companies

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BGC Group, Inc.BGC
$846.98M+44.4%
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$223.3M+5.7%
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Intercontinental ExchangeICE
$1.31B+4.8%
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$132.46M+10.2%
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Virtu FinancialVIRT
$685.76M+11.7%
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BlackrockBLK
$3.88B+8.6%

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:OperatingExpenses.

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 total operating expenses?
Nasdaq, Inc. (NDAQ) reported total operating expenses of $750M in Q1 2026.
How has Nasdaq, Inc.'s total operating expenses changed year-over-year?
Nasdaq, Inc.'s total operating expenses increased by 8.7% year-over-year, from $690M to $750M.
What is the long-term trend for Nasdaq, Inc.'s total operating expenses?
Over 4 years (2021 to 2025), Nasdaq, Inc.'s total operating expenses has grown at a 10.2% compound annual growth rate (CAGR), from $1.98B to $2.92B.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.