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.

Nasdaq is the world's largest electronic stock exchange. Its indexes, the Nasdaq Composite and Nasdaq 100, play an important role in the stock market.

The Nasdaq is an electronic stock exchange where some of the fastest-growing, most innovative companies trade

Cboe Global Markets

Intercontinental Exchange

As financial markets have weakened in 2022, trading volumes have fallen across all asset classes, according to a new report by Bank of America analyst Craig Siegenthaler. Siegenthaler said Friday that these declining volumes are weighing on exchange stocks, such as CME Group Inc (NYSE: CME),.

Trading Volume Is Falling — And These Exchange Stocks Are Getting Hit

In this article, I start by explaining why owning dividend growth stocks is so important. Then, we look into Nasdaq's business model, which provides high earnings and free cash flow growth used to boost what has become a decent dividend yield.

Nasdaq Inc.: A Dividend Grower You'll Love

7 of the 10 largest IPOs by proceeds raised listed on Nasdaq

Nasdaq Welcomes 108 IPOs in the First Half of 2022

NEW YORK and SINGAPORE, June 28, 2022 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) and Climate Impact X (CIX), a global marketplace and exchange for quality carbon credits, today announced a strategic technology partnership that will help unlock price transparency and liquidity in the voluntary carbon market. The agreement will see CIX leverage Nasdaq's robust matching technology to power its spot trading platform, which will launch in early 2023 for financial institutions and institutional investors worldwide.

Climate Impact X Selects Nasdaq Technology to Power New Global Carbon Exchange

NEW YORK, June 27, 2022 (GLOBE NEWSWIRE) -- At the end of the settlement date of June 15, 2022, short interest in 3,411 Nasdaq Global MarketSM securities totaled 10,650,038,311 shares compared with 10,398,950,775 shares in 3,405 Global Market issues reported for the prior settlement date of May 31, 2022. The mid-June short interest represents 2.92 days compared with 2.70 days for the prior reporting period.

Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date June 15, 2022

NEW YORK, June 24, 2022 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today announced the Nasdaq Closing Cross had a record day as it was used for the 19th consecutive year to rebalance Nasdaq-listed securities in the entire family of Russell US Indexes, part of leading global index provider FTSE Russell, during its annual reconstitution.

19th Consecutive Nasdaq Closing Cross Sets Record for Number of Shares Traded During 2022 Russell US Indexes Reconstitution

Nasdaq Announces Results from 2022 Annual Meeting of Shareholders

NEW YORK, June 17, 2022 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) has scheduled its Second Quarter 2022 financial results announcement.

Nasdaq to Hold Second Quarter 2022 Investor Conference Call

Investors need to pay close attention to Nasdaq (NDAQ) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Nasdaq (NDAQ) Stock?

NEW YORK, June 09, 2022 (GLOBE NEWSWIRE) -- At the end of the settlement date of May 31, 2022, short interest in 3,405 Nasdaq Global MarketSM securities totaled 10,398,950,775 shares compared with 10,514,410,818 shares in 3,405 Global Market issues reported for the prior settlement date of May 13, 2022. The end-of-May short interest represent 2.70 days average daily Nasdaq Global Market share volume for the reporting period, compared with 2.49 days for the prior reporting period.

Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date May 31, 2022

CME Group

Robinhood

Charles Schwab

Exchange executives are wondering if tough times are ahead as SEC Chair Gary Gensler speaks at a key conference.

Trading exchange execs ask if tough times are ahead as market-altering rules loom

NEW YORK, June 02, 2022 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for May 2022 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 May 2022 Volumes

Metrio's data collection, analytics and reporting solutions to bolster Nasdaq's portfolio  of IR & ESG services

Nasdaq to Acquire Metrio, a Leader in Sustainability Software

NEW YORK, May 24, 2022 (GLOBE NEWSWIRE) -- At the end of the settlement date of May 13, 2022, short interest in 3,400 Nasdaq Global MarketSM securities totaled 10,514,410,818 shares compared with 10,357,447,523 shares in 3,405 Global Market issues reported for the prior settlement date of April 29, 2022. The mid-May short interest represents 2.49 days compared with 3.11 days for the prior reporting period.

Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date May 13, 2022

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

Nasdaq (NDAQ) Down 15.6% Since Last Earnings Report: Can It Rebound?

Campaign Extension to Build Awareness of New Online Sports Betting Regulations, Now Live Across the Province of Ontario, CanadaToronto, Ontario--(Newsfile Corp. - May 18, 2022) - DGTL Holdings Inc. (TSXV: DGTL) ("DGTL" or the "Company") is pleased to announce that its wholly owned subsidiary Hashoff LLC has launched a new social media content marketing campaign with a Nasdaq listed e-sports gaming client. The campaign is focused on promoting brand awareness and new user registration on its client's software platform now that allows online sports betting across the Province of Ontario, Canada.This latest social...

DGTL Holdings Inc. Reports New Campaign Extension for Nasdaq Listed E-Sports Gaming Client

NEW YORK, May 17, 2022 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the common stock of GWG Holdings, Inc. GWG Holdings, Inc.'s common stock was suspended on April 29, 2022, and has not traded on Nasdaq since that time.

Delisting of Securities of GWG Holdings, Inc. from The Nasdaq Stock Market

STOCKHOLM, Sweden, May 17, 2022 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced the launch of Nasdaq Derivatives Academy in the Nordics. The set of training programs, developed for Nasdaq by leading educational partners, addresses the growing interest among both investment professionals and retail investors to utilize equity derivatives and aims to increase knowledge about the opportunities and risks associated with trading the asset.

Nasdaq Launches Digital Education Program to Increase Knowledge of Equity Derivatives

Nasdaq stock could move at least 6.6% higher based on its powerful FCF and its growing dividend and free cash flow. The post Nasdaq Is a FCF Powerhouse Raising Its Dividend In the Middle of a Crash appeared first on InvestorPlace.

Nasdaq Is a FCF Powerhouse Raising Its Dividend In the Middle of a Crash

NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) has scheduled its 2022 Annual Meeting of Shareholders for June 22, 2022 at 8:00 AM ET. Shareholders of record will be able to vote and ask questions online during the meeting. The virtual meeting website will be accessible 15 minutes prior to the meeting start by visiting: www.virtualshareholdermeeting.com/NDAQ2022.

Nasdaq Announces 2022 Annual Meeting of Shareholders

Many investors don't realize you can actually buy stock in the Nasdaq Stock Exchange through publicly traded Nasdaq Inc. ( NDAQ , Financial). Revenues from various exchanges produce less than half of this company's total income; the rest comes from other business lines, including listing services, analytics and various market technology applications.

Nasdaq Inc.: Good Historical Growth, But Can It Continue?

Electronic U.S. stock market exchange operator Nasdaq (NASDAQ: NDAQ) stock has been collapsing with the benchmark indices as it has fallen (-22%) year-to-date.

Nasdaq Stock is a Buy the (Deep) Dip Opportunity

NEW YORK, May 03, 2022 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for April 2022 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 April 2022 Volumes

Nasdaq's ongoing SaaS transformation is progressing beautifully -- and I'm ready to buy.

News for Nasdaq Stock (NDAQ)