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 Q4 2020

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

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.

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.

Frucher to transition to strategic advisor role at end of 2019 Frucher to transition to strategic advisor role at end of 2019

Nasdaq’s Sandy Frucher to Retire as Vice Chairman

NEW YORK, Oct.  21, 2019  (GLOBE NEWSWIRE) -- Nasdaq, Inc. today announced Bruce E. Aust will retire as Vice Chairman at the end of 2019. Aust has served Nasdaq for 21 years, most notably as Executive Vice President of Global Listings from 2003 to 2014 where he oversaw Nasdaq’s new listings and capital markets business. 

Nasdaq Vice Chairman Bruce E. Aust to Retire

STOCKHOLM, Sweden, Oct.  10, 2019  (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that trading of the future based on the OMXS30 ESG Index has reached one million contracts since its launch a year ago. This marks the latest milestone in Nasdaq’s efforts to strengthen its position as a European and global leader in supporting sustainable investments.

Nasdaq’s European ESG Future Surpasses One Million Contracts

NEW YORK, Oct.  09, 2019  (GLOBE NEWSWIRE) -- At the end of the settlement date of September 30, 2019, short interest in 2,379 Nasdaq Global MarketSM securities totaled 8,342,401,350 shares compared with 8,289,152,727 shares in 2,367 Global Market issues reported for the prior settlement date of September 13, 2019. The end-of-September short interest represents 4.37 days average daily Nasdaq Global Market share volume for the reporting period, compared with 5.18 days for the prior reporting period.

Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date September 30, 2019

Nasdaq's (NDAQ) Q3 U.S. equity options volume increase 6.6% and European options and futures volume rise 20.4% year over year.

Nasdaq (NDAQ) Reports Impressive Q3 and September Volumes

NEW YORK, Oct.  08, 2019  (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for September 2019, as well as quarterly volumes, number of listings and estimated revenue capture for the quarter ending September 30, 2019 on its investor relations website. 

Nasdaq September 2019 Volumes, 3Q19 Estimated Revenue Capture and Listings Statistics

Nasdaq's (NDAQ) Center for Board Excellence acquisition will complement its Nasdaq Governance Solutions operation.

Nasdaq Strengthens Governance Solutions With CBE Buyout

Arconic

ICF International

Micron Technology

Investors target stocks that have been on a bullish run lately. Stocks seeing price strength have a high chance of carrying the momentum forward.

Five High-Flying Stocks Near 52-Week High That Can Scale Higher

NEW YORK, Sept.  26, 2019  (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT), a leading high-growth, mission-driven Community Development Financial Institution (CDFI) providing inclusive, affordable financial services to underserved communities, and Nasdaq, are pleased to celebrate Oportun’s initial public offering (IPO) and inclusion on the Nasdaq Stock Market.

Nasdaq Welcomes Oportun Financial Corporation (Nasdaq: OPRT) to the Nasdaq Stock Market

NEW YORK, Sept.  24, 2019  (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading was halted today in Borqs Technologies Inc. (Nasdaq: BRQS) at 16:24:44 p.m. Eastern Time for "additional information requested" from the company at a last sale price of $1.80.

Nasdaq Halts Borqs Technologies Inc.

NEW YORK, Sept.  24, 2019  (GLOBE NEWSWIRE) -- At the end of the settlement date of September 13, 2019, short interest in 2,367 Nasdaq Global MarketSM securities totaled 8,289,152,727 shares compared with 8,308,462,471 shares in 2,370 Global Market issues reported for the prior settlement date of August 30, 2019. The mid-September short interest represents 5.18 compared with 4.66 days for the prior reporting period.

Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date September 13, 2019

Boot Barn Hlds

Lam Research

Pure Storage

Roku

Upwork Inc

CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.

Wall Street analysts say these stocks have "underappreciated" stories

NEW YORK, Sept.  18, 2019  (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced it has been selected as a North American index component of the  Dow Jones Sustainability Index  (DJSI), one of the most prestigious corporate sustainability ranking efforts, for the fourth consecutive year. Nasdaq maintains its industry leadership as the only stock exchange operator selected for inclusion in the North America index, and was among eight diversified financial services companies selected from the region this year.

Nasdaq Named to Dow Jones Sustainability Index for the Fourth Consecutive Year

Nasdaq (NDAQ) remains poised for growth on diverse business model, efficient capital position and inorganic growth.

Here's Why You Should Hold Nasdaq Stock in Your Portfolio

Wilmington Trust registers over 200 CITs with Nasdaq Fund Network, increasing information access and transparency for investors Wilmington Trust registers over 200 CITs with Nasdaq Fund Network, increasing information access and transparency for investors

Wilmington Trust and Nasdaq Fund Network Provide First Publicly Searchable Ticker Symbols for Collective Investment Trusts (CITs)

NEW YORK, Sept.  11, 2019  (GLOBE NEWSWIRE) -- At the end of the settlement date of August 30, 2019, short interest in 2,370 Nasdaq Global MarketSM securities totaled 8,308,462,471 shares compared with 8,255,813,521 shares in 2,378 Global Market issues reported for the prior settlement date of August 15, 2019. The end-of-July short interest represents 4.66 days average daily Nasdaq Global Market share volume for the reporting period, compared with 4.08 days for the prior reporting period.

Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date August 30, 2019

Nasdaq's (NDAQ) August U.S. equity options and European options and futures volume reflect year-over-year increase.

Nasdaq's (NDAQ) August Volume Increases Year Over Year

NEW YORK, Sept.  04, 2019  (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for August 2019, on its investor relations website. 

Nasdaq August 2019 Volumes

NEW YORK, Aug.  27, 2019  (GLOBE NEWSWIRE) --   About Nasdaq

Nasdaq CFO Michael Ptasznik to Present at Barclays Global Financial Services Conference 2019

NEW YORK, Aug.  26, 2019  (GLOBE NEWSWIRE) -- At the end of the settlement date of August 15, 2019, short interest in 2,378 Nasdaq Global MarketSM securities totaled 8,255,813,521 shares compared with 8,106,304,438 shares in 2,376 Global Market issues reported for the prior settlement date of July 31, 2019. The mid-August short interest represents 4.08 compared with 5.08 days for the prior reporting period.

Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date August 15, 2019

Nasdaq (NDAQ) reported earnings 30 days ago. What's next for the stock?

Why Is Nasdaq (NDAQ) Up 2.6% Since Last Earnings Report?

iPic Entertainment

Ultra Petroleum

NEW YORK, Aug.  21, 2019  (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the common stock Class A of iPic Entertainment Inc.  iPic Entertainment Inc.’s stock was suspended on August 14, 2019 and has not traded on Nasdaq since that time.  

Delisting of Securities of iPic Entertainment Inc., Ultra Petroleum Corp.

The exchange operator leaned on a wide variety of service revenues to advance results in its latest reporting period.

Non-Trading Revenue Bolsters Nasdaq's Second Quarter

Nasdaq's (NDAQ) CEO Adena Friedman on Q2 2019 Results - Earnings Call Transcript

Nasdaq (NDAQ) Q2 reflects growth in non-trading revenues and decline in expenses.

News for Nasdaq Stock (NDAQ)