Revenue segments as reported by the company.

Investment Intelligence

Corporate Platforms

Market Services

Market Platforms

Capital Access Platforms

Anti-Financial Crime

Other Revenues

Market Technology

Financial Technology

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Compensation and benefits

Professional and contract services

Computer operations and data communications

Occupancy

General, administrative and other

Marketing and advertising

Depreciation and amortization

Regulatory

Merger and strategic initiatives

Restructuring charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Nasdaq

Nasdaq, Inc. is a holding company, which engages in trading, clearing, exchange technology, regulatory, securities listing, information, and public and private company services. It operates through the following segments: Market Technology, Investment Intelligence, Corporate Platforms, and Market Services. The Market Technology segment is a global technology solutions provider and partner to exchanges, clearing organizations, central securities depositories, regulators, banks, brokers, buy-side firms, and corporate businesses. The Investment Intelligence segment includes the firm's Market Data, Index, and Analytics businesses. The Market Data business sells and distributes historical and real-time market data to the sell-side, the institutional investing community, retail online brokers, proprietary trading shops, other venues, Internet portals, and data distributors. The Index business develops and licenses Nasdaq-branded indexes and financial products. The Analytics business provides asset managers, investment consultants, and institutional asset owners with investment insights and workflow solutions. The Corporate Platforms segment includes the company's Listing Services and IR & ESG Services businesses. These businesses deliver critical capital market and ESG solutions across the lifecycle of public and private companies. The Market Services segment consists of the Equity Derivative Trading and Clearing, Cash Equity Trading, FICC, and Trade Management Services businesses. It operates multiple exchanges and other marketplace facilities across several asset classes, including derivatives, commodities, cash equity, debt, structured products and ETPs. The company was founded by Gordon S. Macklin in 1971 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Nasdaq reports solid Q4 growth, eyes Tier 1 bank conversions

Nasdaq's Q4 2022 performance reflects steady growth, operational efficiency, and strategic investments in key divisions and sustainable initiatives.
While facing market challenges and revenue uncertainties, Nasdaq remains optimistic about growth opportunities through client engagement and strategic focus areas.
The company's focus on recurring revenues, SaaS offerings, and client conversions positions it well for 2023, with a strong outlook for sustained growth and value creation.

Nasdaq reports solid Q1 earnings, eyes growth in AI and AFC sectors

Nasdaq's Q1 performance reflects revenue growth and strategic milestones, with a focus on technology modernization and AI integration.
While facing challenges in certain segments, Nasdaq's strengths in trading services, ESG solutions, and SaaS revenues position it for future success.
Opportunities in expanding AFC capabilities, M&A activities, crypto custody launch, and pricing adjustments signal a proactive approach to driving growth and innovation.

Nasdaq posts strong Q2 results, eyes global expansion and Adenza's growth

Nasdaq reports solid Q2 performance with revenue growth and strategic transformations post-Adenza acquisition. Strengths include Adenza's performance, Data Link platform growth, and Verafin's positive impact. Challenges include regulatory uncertainties and revenue variability. Opportunities lie in post-acquisition plans, global expansion, and Adenza's growth potential.

Nasdaq reports solid Q3 growth amidst market challenges and transitions

Nasdaq's Q3 performance reflects solid revenue growth, particularly in Solutions businesses, despite market uncertainties and leadership transitions.
The company's strengths lie in its market modernization initiatives, strong presence in key divisions, and accelerating organic growth, positioning it for future success.
Challenges such as market unpredictability, regulatory changes, and strategic transitions are balanced by growth opportunities in Anti-Financial Crime, Adenza integration, and market innovation.
Overall, Nasdaq's strategic focus on innovation, client expansion, and operational efficiency underscores its resilience and potential for sustained growth in a dynamic market environment.

Nasdaq reports robust Q4 earnings, eyes growth through innovation

Nasdaq's strong Q4 2023 performance, driven by revenue growth and operational efficiency, sets a positive trajectory for future growth and innovation
Challenges in listings revenue and retention ratios for Adenza require strategic focus and sustained efforts to navigate through 2024
Opportunities in cloud adoption, digital assets partnerships, and capital allocation strategy post-Adenza deal offer avenues for growth and value creation
Overall, Nasdaq's focus on integration, client engagement, and technology advancement positions the company well for continued success and market leadership

Nasdaq reports robust Q1 performance and strategic growth initiatives

Nasdaq's Q1 performance reflects strong revenue growth and operational efficiency, supported by strategic client engagements.
While facing challenges in certain business segments, the company's focus on regulatory compliance and client solutions offers growth potential.
With a diverse product portfolio and commitment to innovation, Nasdaq is well-positioned to navigate market dynamics and drive future growth.

Nasdaq reports robust Q2 earnings, eyes growth in Europe

Nasdaq's Q2 2024 performance reflects solid revenue growth, particularly in key segments like Solutions, Capital Access, and Financial Technology.
The company's strategic priorities of integration and innovation are driving progress in expense management and operational efficiency.
While facing challenges of rising expenses and economic headwinds, Nasdaq remains focused on delivering sustainable growth and profitability for shareholders.

Nasdaq reports robust Q3 earnings, eyes growth through innovation

Nasdaq's Q3 2024 performance showcased strong revenue growth and strategic progress across its divisions, underpinned by a positive macroeconomic backdrop.
While facing challenges such as expense management and revenue projections, Nasdaq's focus on innovation and client satisfaction presents opportunities for sustained growth.
The company's record quarter in Market Services and advancements in technology underscore its resilience and potential for future expansion.
Overall, Nasdaq's performance reflects a balanced approach to navigating market dynamics and driving value for shareholders.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Nasdaq, Inc. is a holding company, which engages in trading, clearing, exchange technology, regulatory, securities listing, information, and public and private company services. It operates through the following segments: Capital Access Platforms, Financial Technology, and Market Services. The Capital Access Platforms segment delivers liquidity, transparency, and integrity to the corporate issuer and investment community by empowering clients to effectively navigate the capital markets, achieve their sustainability goals, and drive governance excellence. The Financial Technology segment offers platforms that improve the liquidity, transparency, and integrity of the global economy by architecting and operating the markets. The Market Services segment includes equity derivative trading and clearing, cash equity trading, fixed income, currency, and commodities trading. The company was founded by Gordon S. Macklin in 1971 and is headquartered in New York, NY.

After covering CME and Cboe, it's time to look at another wealth-generating powerhouse: Nasdaq. The company has tremendous free cash flow capabilities thanks to a fantastic business model and high expected future growth.

Long-Term Wealth Generation With Nasdaq Inc.

NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) will be presenting at the following conferences in August with webcasts available at Nasdaq's Investor Relations Website: ir.nasdaq.com/events.cfm.

Nasdaq to Present at August 2021 Investor Conferences

NEW YORK, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Nasdaq today released a statement following the U.S. Securities and Exchange Commission's (SEC) approval of the company's board diversity disclosure listing rule:

Statement from Nasdaq on SEC's Approval of Board Diversity Disclosure Listing Rule

Growth is decent, but the stock is probably fully valued at these levels

Nasdaq Reports Strong Earnings Growth as Indexing Increases

Nasdaq (NASDAQ:NDAQ) CEO Adena Friedman said that the exchange intends to apply blockchain to financial market infrastructure and become a disrupter in the space. What Happened: According to a Tuesday Fortune report, Friedman said that, currently, "[it] is just not in a position to be able to support the level of trading activity that we experience in the equities and options markets.

Nasdaq Will Implement Blockchain And Become A Disrupter, Says CEO Adena Friedman

NEW YORK and BOSTON, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) and LeveL ATS today announced Nasdaq has acquired a significant minority stake in LeveL ATS, a leading, independently operated US Equity Dark Pool trading venue. Through this investment, Nasdaq joins owners including Bank of America, Citi, and Fidelity. The terms of the transaction were not disclosed.

Nasdaq Acquires Minority Stake in LeveL ATS

NEW YORK, July 27, 2021 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the “Company”) (Nasdaq: NDAQ) today announced that it priced a public offering of €615 million aggregate principal amount of 0.900% senior notes due 2033 (the “Offering”). The Company expects to use the net proceeds from the Offering, together with available cash balances, to refinance its existing 1.75% Senior Notes due 2023. The Offering is expected to close on July 30, 2021, subject to customary closing conditions.

Nasdaq, Inc. Prices €615 Million Senior Notes Offering

NEW YORK, July 26, 2021 (GLOBE NEWSWIRE) -- At the end of the settlement date of July 15, 2021, short interest in 2,732 Nasdaq Global MarketSM securities totalled 8,537,253,537 shares compared with 8,643,173,593 shares in 2,706 Global Market issues reported for the prior settlement date of June 30, 2021. The mid-month July short interest represents 2.95 days compared with 2.85 days for the prior reporting period.

Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date July 15, 2021

Nasdaq (NDAQ) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Nasdaq (NDAQ): Time to Buy?

The second-quarter earnings report from Nasdaq (NASDAQ:NDQ) brought out an enthusiastic thumbs-up note from Piper Sandler & Co. The Latest Numbers: Nasdaq reported second-quarter net revenues of $846 million, a 21% year-over-year increase, with an annualized recurring revenue of $1.8 billion that was up 22% from the previous year.

A Dive Into Nasdaq's Q2 Earnings: They've Got The Beat!

NEW YORK, July 21, 2021 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the “Company”) (Nasdaq: NDAQ) today announced that it has entered into an accelerated stock repurchase agreement (“ASR”) with Goldman Sachs & Co. LLC (“Goldman Sachs”) to repurchase $475 million of the Company's common stock. The ASR was entered into pursuant to the Company's share repurchase program, under which $1.46 billion remained available as of July 21, 2021.

Nasdaq, Inc. Announces $475 Million Accelerated Stock Repurchase Program

Nasdaq, Inc. (NDAQ) CEO Adena Friedman on Q2 2021 Results - Earnings Call Transcript

Nasdaq's (NDAQ) second-quarter results reflect organic growth, favorable changes in foreign exchange rates, margin expansion and solid segmental performance.

Nasdaq (NDAQ) Surpasses Q2 Earnings & Revenue Estimates

Shares of Nasdaq (NASDAQ:NDAQ) rose 1.2% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 23.38% year over year to $1.90, which beat the estimate of $1.70.

Recap: Nasdaq Q2 Earnings

NEW YORK, July 21, 2021 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the second quarter of 2021.

Nasdaq Reports Second Quarter 2021 Results; Delivers 21% Increase in Revenue Compared to Prior Year

Nasdaq Inc (NASDAQ:NDAQ) is to launch a dealing platform for privately-owned companies in a collaboration with a host of heavyweight Wall Street banks. Goldman Sachs, Citigroup, Silicon Valley's SVB and Morgan Stanley have put their names to the expansion of Nasdaq Private Market, which will become a standalone, independent company.

Nasdaq launches dealing platform for private companies

NASDAQ is scheduled to report its fiscal Q2 2021 results on Wednesday, July 21. We expect NASDAQ to top the consensus estimates of earnings and revenues.

NASDAQ Stock Is Poised For Mixed Results In Q2

Citigroup

Goldman Sachs

Morgan Stanley

SVB Financial Group

Nasdaq Private Market to be spun out from Nasdaq and contributed to the joint venture Nasdaq Private Market to be spun out from Nasdaq and contributed to the joint venture

Nasdaq, SVB, Citi, Goldman Sachs, and Morgan Stanley Launch New Platform for Trading Private Company Stock

NEW YORK, July 14, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Honeywell International Inc. (Nasdaq: HON), will become a component of the NASDAQ-100 Index® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the NASDAQ-100 Ex-Technology Index (Nasdaq: NDXX) prior to market open on Wednesday, July 21, 2021. Honeywell International Inc. will replace Alexion Pharmaceuticals, Inc. (Nasdaq: ALXN) in the NASDAQ-100 Index®, the NASDAQ-100 Equal Weighted Index and the NASDAQ-100 Ex-Technology Index.

Honeywell International Inc. to Join the NASDAQ-100 Index Beginning July 21, 2021

Nasdaq (NDAQ) is well poised on the back of growth in Index business, organic growth, effective capital deployment and improved liquidity position.

Reasons Why Nasdaq (NDAQ) Stock is an Attractive Bet Now

Nasdaq's (NDAQ) Q2 volumes reflect higher volumes of U.S. equity and U.S. fixed income equity volume but lower European options.

Nasdaq's (NDAQ) Q2 Volumes Mixed, June Volume Increases

NEW YORK, July 12, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for June 2021, as well as quarterly volumes, estimated revenue capture, number of listings and index statistics for the quarter ended June 30, 2021 on its investor relations website. A data sheet showing the monthly volumes and quarterly capture rates can be found at: http://ir.nasdaq.com/financials/volume-statistics.

Nasdaq June 2021 Volumes And 2Q21 Statistics

NEW YORK, July 12, 2021 (GLOBE NEWSWIRE) -- At the end of the settlement date of June 30, 2021, short interest in 2,706 Nasdaq Global MarketSM securities totalled 8,643,173,593 shares compared with 8,647,515,959 shares in 2,679 Global Market issues reported for the prior settlement date of June 15, 2021. The end-of-June short interest represents 2.85 days compared with 3.24 days for the prior reporting period.

Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date July 12, 2021

NEW YORK & LONDON--(BUSINESS WIRE)--Nasdaq's Quandl, a leading provider of alternative and core financial data, today announced an exclusive and innovative data partnership with UK commodities financial services company Marex. The first of several products the two organizations will be launching is a new dataset that tracks daily aggregate holdings across the global commodities market - Marex Daily Speculative Positioning (MDSP). MDSP will be offered on a daily basis, providing traders with fas

Nasdaq's Quandl and Marex Announce Exclusive Data Partnerships - Release Daily Commodities Speculative Positioning

Equileap, Ecogain and Munich Re among partners providing data from launch Equileap, Ecogain and Munich Re among partners providing data from launch

News for Nasdaq Stock (NDAQ)