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Financial statements
NDAQ

Company financials

Nasdaq, Inc.

Financials Financial Exchanges & Data New York City, New York Last filing Feb 12, 2026 · FY2025
Revenue FY2025
Not reported
Net income FY2025
$1.8B
Total assets FY2025
$31.1B
ROA +5.8% P77
Operating cash flow FY2025
$2.3B
18 yrs · FY2008–FY2025 8 filed · 0 derived · 1 blank

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

33 accounts · 3 years
Total assets $31.1B
Total liabilities $18.8B
Shareholders equity $12.2B
Account 2025 2024 2023 Trend
Assets
Cash and Cash Equivalents
Accounts Receivable
Prepaid Expenses
Other Current Assets
Total Current Assets
Property,Plant and Equipment
Operating Lease Assets
Goodwill
Intangible Assets
Long Term Investments
Other Noncurrent Assets
Total Assets
Liabilities
Accounts Payable
Accrued Liabilities
Deferred Revenue
Current Portion of Long Term Debt
Operating Lease Liabilities
Other Current Liabilities
Total Current Liabilities
Long Term Debt
Operating Lease Liabilities Noncurrent
Deferred Tax Liabilities
Other Noncurrent Liabilities
Total Liabilities
Equity
Preferred Stock
Common Stock
Additional Paid In Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income
Noncontrolling Interest
Total Stockholders Equity
Total Liabilitiesand Equity

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 3 years
Ratio 2025 2024 2023
Profitability
Gross margin
Operating margin
Net margin
FCF margin
Growth
Revenue CAGR (3y)
Returns
ROE +14.6% +10.0% +9.8%
ROA +5.8% +3.7% +3.3%
ROIC +9.4% +6.9% +5.7%
Liquidity
Current ratio 1.01x 0.99x 1.01x
Quick ratio 0.19x 0.20x 0.15x
Leverage
D/E 1.54x 1.72x 1.98x
Interest coverage 5.56x
Efficiency
Asset turnover
Cash conversion cycle

Valuation

Price against fundamentals

FY2025 fundamentals · no price

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