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.

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

Nasdaq Welcomed 395 IPOs and 14 Exchange Transfers in the First Half of 2021

The CEO of the exchange operator nurtures young companies and is working to fight financial crime.

Nasdaq's Adena Friedman Wins Big With IPOs

NEW YORK, June 25, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Symbol: NDAQ) today announced the Nasdaq Closing Cross had a record day as it was used for the 18th consecutive year to rebalance Nasdaq-listed securities in the entire family of Russell U.S. Indexes, part of leading global index provider FTSE Russell, during their annual reconstitution.

18th Consecutive Nasdaq Closing Cross Sets Record for Number of Shares Traded During 2021 Russell US Indexes Reconstitution

NEW YORK, June 25, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) announced today that it completed the sale of its U.S. fixed income business, Nasdaq Fixed Income (NFI), to Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities and money markets.

Nasdaq Completes Sale of U.S. Fixed Income Business to Tradeweb Markets

Nasdaq (NDAQ) partners with Digital Asset to integrate Daml into its Marketplace Services Platform.

Nasdaq (NDAQ) to Boost Market Technology With Digital Asset

NEW YORK, June 24, 2021 (GLOBE NEWSWIRE) -- At the end of the settlement date of June 15, 2021, short interest in 2,679 Nasdaq Global MarketSM securities totaled 8,647,515,959 shares compared with 8,683,450,119 shares in 2,654 Global Market issues reported for the prior settlement date of May 28, 2021. The mid-June short interest represents 3.24 days compared with 3.19 days for the prior reporting period.

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

NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) announced today that all required regulatory and self-regulatory approvals have been obtained for the previously announced sale of its U.S. fixed income business, Nasdaq Fixed Income (NFI), to Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities and money markets.

Nasdaq Announces Expected Closing Date for Sale of U.S. Fixed Income Business to Tradeweb Markets

NEW YORK, June 18, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) has scheduled its Second Quarter 2021 financial results announcement.

Nasdaq to Hold Second Quarter 2021 Investor Conference Call

Nasdaq Announces Results from 2021 Annual Meeting of Shareholders

Smartsheet

Twilio

Vaxart

Zoom Video

PlayAGS

Air Products and Chemicals

Celsius Holdings

Vertex Pharmaceuticals

With the trading day about halfway over, the markets were sliding lower to close out the week.

Nasdaq, Smartsheet, Twilio, Vaxart, Zoom Video and More Friday Afternoon Analyst Calls

Victory Capital Management — a United States investment giant with $157.1 billion in assets under management as of the end of April — announced multiple new cryptocurrency index funds for accredited investors. What Happened: According to a Wednesday announcement, the new fund is the result of a collaboration with Nasdaq (NASDAQ:NDAQ) and crypto-focused asset manager Hashdex.

US Giant Victory Capital Launches Crypto Funds In Nasdaq Partnership

Does Nasdaq (NDAQ) have what it takes to be a top stock pick for momentum investors? Let's find out.

Nasdaq (NDAQ) is a Great Momentum Stock: Should You Buy?

NEW YORK, June 09, 2021 (GLOBE NEWSWIRE) -- At the end of the settlement date of May 28, 2021, short interest in 2,654 Nasdaq Global Market℠ securities totaled 8,683,450,119 shares compared with 8,678,246,449 shares in 2,645 Global Market issues reported for the prior settlement date of May 14, 2021. The end-of-May short interest represent 3.19 days average daily Nasdaq Global Market share volume for the reporting period, compared with 3.11 days for the prior reporting period.

Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date May 28, 2021

Avnet

CNO Financial Group

Donaldson

Flowers Foods

Insperity

Travelers

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 7% and a median of 5%.

7 Upcoming Dividend Increases Including Nasdaq

Nasdaq (NDAQ) reports 36.5% year over year rise in U.S. equity options volume for May while European options and futures volume drops 1.9% year over year.

Nasdaq (NDAQ) Reports Mixed Volumes for May, Stock Rises

NEW YORK, June 02, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for May 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 May 2021 Volumes

Nasdaq's (NDAQ) significant and leading positions in large, high growth markets like Index, Analytics, Market Technology, and IR & ESG Services bode well for growth.

Why Should You Add Nasdaq (NDAQ) Stock to Your Portfolio?

Expansion of ESG strategy into new marketplace supports sustainability efforts of Nasdaq´s corporate clients Expansion of ESG strategy into new marketplace supports sustainability efforts of Nasdaq´s corporate clients

Nasdaq Acquires Emerging Carbon Removal Market Puro.earth

Axon Enterprise

Disney

These companies exhibit qualities like diverse revenue streams and growing backlogs, making them hard to keep down.

Worried About the Tech Sell-Off? Consider These Safe Stocks

NASDAQ stock, a global financial exchange group, gained roughly 25% – increasing from about $133 at the beginning of 2021 to around $165 currently, outperforming the S&P500, which grew 12% over the same period. The exchange's top-line has benefited from higher U.S. industry trading volumes in 2021.

NASDAQ Stock Has Limited Scope For Growth

NEW YORK, May 25, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) will be presenting at the following conferences in June with webcasts available at Nasdaq's Investor Relations Website: ir.nasdaq.com/events.cfm.

Nasdaq Executives to Present at June 2021 Investor Conferences

NEW YORK, May 25, 2021 (GLOBE NEWSWIRE) -- At the end of the settlement date of May 15, 2021, short interest in 2,645 Nasdaq Global Market℠ securities totaled 8,678,246,449 shares compared with 8,459,989,651 shares in 2,637 Global Market issues reported for the prior settlement date of April 30, 2021. The mid-May short interest represents 3.11 days compared with 3.21 days for the prior reporting period.

Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date May 14, 2021

I've been bullish on Nasdaq previously as a safe way to get exposure to the tech stock boom. This occurred as expected, and the Nasdaq has performed admirably over the past 18 months.

Nasdaq: Moving To Neutral As Tech Stock Boom Has Played Out

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

Why Is Nasdaq (NDAQ) Up 2.3% Since Last Earnings Report?

Cboe Global Markets

Intercontinental Exchange

Each link in the chain of cost centers from the order to the trade – customer, broker, wholesaler, exchange – is under the microscope after the GameStop fiasco. The wholesalers – Citadel, Virtu, and others – seem to be bearing the brunt of the blame.

News for Nasdaq Stock (NDAQ)