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.

Interactive Brokers

Intercontinental Exchange

Investors can prepare for a wave of stock market volatility heading into the November election by using a risk-reversal strategy with Nasdaq stock.

It's Trump vs. Harris. Brokerage Stocks Are One Way to Profit.

Nasdaq's (NDAQ) second-quarter performance is likely to have been driven by organic revenue growth and strong Market Platforms businesses, data and listing service revenues, and Adenza contributions.

Is a Beat in the Offing for Nasdaq (NDAQ) in Q2 Earnings?

Nasdaq (NDAQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Nasdaq (NDAQ) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

London / Stockholm, July 18, 2024 (GLOBE NEWSWIRE) -- valantic FSA today announced it has agreed with Nasdaq (Nasdaq: NDAQ) to develop Nasdaq Rates Trader, a new web-based user interface for Nasdaq's Nordic and Baltic fixed income markets.

valantic FSA sign with Nasdaq to develop Web UI for Fixed Income Markets

NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the common stock, units, and warrants of CONX Corp. CONX Corp.'s securities were suspended on May 6, 2024, and have not traded on Nasdaq since that time.

Delisting of Securities of CONX Corp.; Priveterra Acquisition Corp. II; Yield10 Bioscience, Inc.; Aesthetic Medical International Holdings Group Ltd.; Breeze Holdings Acquisition Corp.; Quadro Acquisition One Corp.; DermTech, Inc.; TRACON Pharmaceuticals, Inc.; eFFECTOR Therapeutics, Inc.; Dynatronics Corporation; and Canna-Global Acquisition Corp. from The Nasdaq Stock Market

NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Super Micro Computer Inc. (Nasdaq: SMCI), will become a component of the Nasdaq-100 Index® (Nasdaq: NDX®) and the Nasdaq-100 Equal Weighted™ Index (Nasdaq: NDXE™) prior to market open on Monday, July 22, 2024. Super Micro Computer Inc. will replace Walgreens Boots Alliance Inc. (Nasdaq: WBA) in the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted Index.

Super Micro Computer Inc. to Join the Nasdaq-100 Index® Beginning July 22, 2024

NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- At the end of the settlement date of June 28, 2024, short interest in 3,052 Nasdaq Global MarketSM securities totaled 12,156,830,526 shares compared with 12,415,199,809 shares in 3,063 Global Market issues reported for the prior settlement date of June 14, 2024. The end of June short interest represent 3.37 days average daily Nasdaq Global Market share volume for the reporting period, compared with 3.44 days for the prior reporting period.

Nasdaq Announces End of Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date June 28, 2024

NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for June 2024, as well as quarterly volumes, estimated revenue capture, number of listings, and index statistics for the quarter ended June 30, 2024 on its investor relations website.

Nasdaq Reports June 2024 Volumes and 2Q24 Statistics

Featured the largest U.S. company IPO and switch Nasdaq IPO Pulse Index signals positive outlook for remainder of 2024 NEW YORK, July 02, 2024 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) announced today that in the first half of 2024, it welcomed 66 initial public offerings (IPOs), raising a total of $8.7 billion. A total of 53 operating companies and 13 SPACs listed on Nasdaq during the first six months of 2024, representing a 71% win rate of Nasdaq-eligible operating company IPOs in the U.S. market, and extending Nasdaq's leadership to 42 consecutive quarters.

Nasdaq Welcomes 66 IPOs in the First Half of 2024

Coinbase

MicroStrategy Incorporated

Traders should stay alert to sector shifts, economic data impacts, and the ongoing influence of AI-related enthusiasm on Nasdaq 100 stocks.

Nasdaq 100, Dow Jones, S&P 500 News: Crypto Surge Lifts Coinbase, Microstrategy

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today announced the election of all nominated directors to the boards of the U.S. exchanges operated by the company, which include The Nasdaq Stock Market LLC, Nasdaq PHLX LLC, Nasdaq BX, Inc., Nasdaq ISE, LLC, Nasdaq MRX, LLC, and Nasdaq GEMX, LLC:

Nasdaq Announces the Board of Directors of its U.S. Exchanges

Nasdaq Closing Cross continues to play an integral and innovative role in capital markets Global growth in trading volumes demands increasingly scalable and flexible technology architecture NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today announced the Nasdaq Closing Cross had a record day as it was used to rebalance Nasdaq-listed securities in the entire family of Russell US Indexes, part of global index provider FTSE Russell, during its annual reconstitution. This year marks the 40th anniversary of the Russell 3000® Index and the 21st year that the Closing Cross has been used to calculate the Russell Reconstitution.

Record Notional Value of Shares Traded on the Nasdaq Closing Cross During the 2024 Russell US Indexes Reconstitution

Nasdaq (NDAQ) appears well poised on impressive organic growth, ramping up of on-trading revenue base, strategic buyouts to capitalize on market opportunities and effective capital deployment.

Here's Why You Should Retain Nasdaq (NDAQ) in Your Portfolio

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that the trading halt status in Canna-Global Acquisition Corp (Nasdaq: CNGL, CNGLU and CNGLW) was changed to “additional information requested” from the company. Trading in the company's stock had been halted on June 27, 2024 at 16:45:36 Eastern Time for "news dissemination” at a last sale price of $10.45 (Nasdaq: CNGL), $10.99 (Nasdaq: CNGLU), and $0.0105 (Nasdaq: CNGLW).

Nasdaq Halts Canna-Global Acquisition Corp

NEW YORK, June 26, 2024 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the common stock, rights, warrants, and units of PHP Ventures Acquisition Corp. PHP Ventures Acquisition Corp.'s securities were suspended on April 19, 2024, and have not traded on Nasdaq since that time.

Delisting of Securities of PHP Ventures Acquisition Corp.; Green Giant Inc.; RMG Acquisition Corp. III; Biophytis SA; OMNIQ Corp.; AIB Acquisition Corporation; Goal Acquisitions Corp.; Applied UV, Inc.; Cue Health Inc.; Twelve Seas Investment Company II; 

NEW YORK, June 26, 2024 (GLOBE NEWSWIRE) -- At the end of the settlement date of June 14, 2024, short interest in 3,063 Nasdaq Global MarketSM securities totaled 12,415,199,809 shares compared with 11,833,288,492 shares in 3,059 Global Market issues reported for the prior settlement date of May 31, 2024. The mid-June short interest represents 3.44 days compared with 3.54 days for the prior reporting period.

Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date June 14, 2024

NEW YORK, June 26, 2024 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today announced the termination of its transaction agreement with the European Energy Exchange (EEX), previously announced on June 20, 2023, under which EEX had agreed to acquire Nasdaq's Nordic power trading and clearing business.

Nasdaq Announces Termination of Previously Announced Agreement with EEX

NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) has scheduled its Second Quarter 2024 financial results announcement.

Nasdaq to Hold Second Quarter 2024 Investor Conference Call

The Nasdaq Stockholm has been fined SEK 100 million (US$9.6 million) by Sweden's financial supervisory authority Finansinspektionen for failing to detect and report suspected insider trading. Finansinspektionen said on Wednesday it had investigated four major company events in 2021 and 2022 and two other cases of the trading of financial instruments in 2022 and 2023.

Nasdaq Stockholm fined by Swedish regulator over insider trading failings

Nasdaq Stockholm, Nasdaq Inc's stock exchange in Sweden, has been fined 100 million Swedish kronor ($9.6 million) by the country's financial watchdog, the Financial Supervisory Authority (Finansinspektionen), over deficiencies in monitoring insider trading violations. The regulatory body found flaws in how Nasdaq Stockholm conducted its trade monitoring during significant company events in 2021 and 2022.

Nasdaq Stockholm fined $9.6 million over insider trading monitoring failures

Innovative ETP Tracks Universal Crypto Benchmark, Offering Investors Broad Exposure to the Digital Asset Class Zurich / Rio de Janeiro, June 19 , 2024 – Hashdex , a leading global crypto-focused asset manager, today announced it is offering a complete fee waiver for the Hashdex Nasdaq Crypto Index Europe ETP (HASH), which is available on the SIX Swiss Exchange under the ticker symbol SIX: HASH SW, the Deutsche Börse Xetra under HDX1 GY, the Euronext Paris under HASH FP, and the Euronext Amsterdam under HASH NA. The sponsor fee for the Nasdaq Crypto Index Europe ETP will be waived until the ETP has reached $1 billion in net asset value.

Hashdex Waives Fee for Hashdex Nasdaq Crypto Index Europe ETP

Nasdaq's (NDAQ) partnership expansion with IDX is expected to promote efficiency in capital markets and increase transaction capacity.

Nasdaq (NDAQ) and IDX Strengthen Technology Partnership

Technology partnership will further enhance overall resilience and integrity of the exchange, while supporting the rapid deployment of new products and services

Indonesia Stock Exchange Partners with Nasdaq to Upgrade Market Infrastructure

NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Arm Holdings plc (Nasdaq: ARM), will become a component of the Nasdaq-100 Index® (Nasdaq: NDX®), the Nasdaq-100 Equal Weighted™ Index (Nasdaq: NDXE™), the Nasdaq-100 Tech Sector™ Index (Nasdaq: NDXT™), the Nasdaq-100 Technology Sector Market-Cap Weighted™ Index (Nasdaq: NDXTMC™), and the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index (Nasdaq: NDXT10™) prior to market open on Monday, June 24, 2024. Arm Holdings plc will replace Sirius XM Holdings Inc. (Nasdaq: SIRI) in the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted™ Index. Sirius XM will also be removed from the Nasdaq-100 Ex-Tech Sector™ Index (Nasdaq: NDXX™), the Nasdaq-100 ESG Index (Nasdaq: NDXESG™), the Nasdaq-100 Sustainable ESG Select Index (Nasdaq: NDXSES™), and the Nasdaq-100 Target 25 Index® (Nasdaq: NDXT25™) on the same date.

Arm Holdings plc to Join the Nasdaq-100 Index® Beginning June 24, 2024

TXSE Group plans to launch the Texas Stock Exchange as a challenger to established exchanges like Nasdaq and Cboe. Previous upstart exchanges have struggled to gain significant market share, with only a combined 6% of U.S. equity share volume. The impact on Nasdaq's revenue and earnings from TXSE's launch is likely manageable, but the effect on listings and other capital access platforms remains uncertain.

News for Nasdaq Stock (NDAQ)