Stocks›Financial Services›NDAQ

NDAQ

Nasdaq, Inc.

NasdaqResearch view

$93.55−1.06%

Sep 25 close · 1D EOD · Databento

Financial ServicesSecurity & Commodity Brokers, Dealers, Exchanges & ServicesLarge-capSEC EDGAR FY 2025-12-31

What happened

Daily closes · dots are Wire stories

What’s next

Expected around late October, going by its own filing history. The company has not announced a date yet. Its matching report came Oct 21, 2025 and Oct 24, 2024, before the open.

Last report

Jul 23, 2026−0.53%

before the open

Last 4, next close

median 0.71% either way

up 2 of 4

Every report since 2022 →

DateEventSourceNext close

Jul 23Earnings release, before the open · 8-KSEC EDGARSEC EDGAR ↗−0.53%

Next close = the first close after the event against the close before it. Prior-session closes only; not a call, not advice.

Big days · last year

Daily closes · Databento EOD

23 big days: a close more than 2.67% from the one before, three times NDAQ’s median day (0.89%). On 7 of 23, its largest peers moved the same way at least half as far. We show what we hold, never a cause.

Shaded: since our stories began, May 26, 2026

23Sep 17, 2026
Sep 17, 2026Nothing in our recordNo NDAQ story, brief or results filing in our record that dayGroup −0.7% did not move with it
−0.7% did not move with itCBOE −1.4 · LPLA −0.9 · ICE −0.5 · CME −0.5
+2.87%
22Sep 3, 2026
Sep 3, 2026Nothing in our recordNo NDAQ story, brief or results filing in our record that dayGroup +1.5% did not move with it
+1.5% did not move with itICE +4.3 · CME +1.5 · LPLA +1.5 · CBOE +1.5
+3.12%
21Jul 17, 2026
Jul 17, 2026Nothing in our recordNo NDAQ story, brief or results filing in our record that dayGroup −1.6% moved the same way
−1.6% moved the same wayLPLA −1.8 · CBOE −1.6 · ICE −1.5 · CME −0.5
−2.77%
20Jul 16, 2026
Jul 16, 2026Nothing in our recordNo NDAQ story, brief or results filing in our record that dayGroup +0.5% did not move with it
+0.5% did not move with itICE +1.4 · LPLA +0.5 · CME +0.4 · CBOE +0.3
+3.16%
19Jul 15, 2026
Jul 15, 2026Nothing in our recordNo NDAQ story, brief or results filing in our record that dayGroup +1.2% did not move with it
+1.2% did not move with itLPLA +2.4 · ICE +1.6 · CBOE +0.8 · CME +0.6
+3.81%
18Jul 9, 2026
Jul 9, 2026Nothing in our recordNo NDAQ story, brief or results filing in our record that dayGroup −0.1% did not move with it
−0.1% did not move with itLPLA +3.5 · ICE −1.5 · CME −1.4 · CBOE +1.1
+3.71%
17Jul 1, 2026
Jul 1, 2026Nothing in our recordNo NDAQ story, brief or results filing in our record that dayGroup +3.5% moved the same way
+3.5% moved the same wayCME +4.6 · LPLA +4.1 · ICE +2.9 · CBOE +2.1
+4.96%
16Jun 25, 2026
Jun 25, 2026Nothing in our recordNo NDAQ story, brief or results filing in our record that dayGroup −2.4% did not move with it
−2.4% did not move with itICE −4.3 · CME −2.9 · CBOE −1.9 · LPLA −1.7
−4.85%
15Jun 17, 2026
Jun 17, 2026Nothing in our recordNo NDAQ story, brief or results filing in our record that dayGroup −3.7% moved the same way
−3.7% moved the same wayICE −4.7 · CBOE −4.0 · CME −3.5 · LPLA +0.4
−6.72%
14Jun 2, 2026
Jun 2, 2026Nothing in our recordNo NDAQ story, brief or results filing in our record that dayGroup −2.3% did not move with it
−2.3% did not move with itCBOE −8.4 · CME −2.8 · ICE −1.8 · LPLA −0.9
−5.28%
13Apr 24, 2026
Apr 24, 2026Before our storiesGroup +0.2% did not move with it
+0.2% did not move with itCBOE +1.2 · ICE +0.6 · LPLA −0.1 · CME −0.1
+3.29%
12Apr 13, 2026
Apr 13, 2026Before our storiesGroup +2.0% moved the same way
+2.0% moved the same wayLPLA +3.0 · ICE +2.3 · CME +1.8 · CBOE +1.5
+3.60%
11Apr 9, 2026
Apr 9, 2026Before our storiesGroup −1.0% did not move with it
−1.0% did not move with itICE −3.5 · CME −1.3 · LPLA +1.2 · CBOE −0.7
−4.40%
10Mar 27, 2026
Mar 27, 2026Before our storiesGroup −2.2% moved the same way
−2.2% moved the same wayCBOE −2.4 · LPLA −2.3 · ICE −2.1 · CME −1.3
−2.75%
9Feb 26, 2026
Feb 26, 2026Before our storiesGroup +1.0% did not move with it
+1.0% did not move with itCME +3.0 · ICE +1.6 · CBOE +0.3 · LPLA +0.3
+5.48%
8Feb 25, 2026
Feb 25, 2026Before our storiesGroup +1.3% did not move with it
+1.3% did not move with itCME −3.7 · ICE +3.2 · LPLA +3.2 · CBOE −0.6
+3.55%
7Feb 10, 2026
Feb 10, 2026Before our storiesGroup −2.6% moved the same way
−2.6% moved the same wayLPLA −8.3 · ICE −2.8 · CBOE −2.4 · CME −0.2
−4.39%
6Feb 5, 2026
Feb 5, 2026Before our storiesGroup +1.2% did not move with it
+1.2% did not move with itLPLA −4.3 · ICE +2.1 · CBOE +1.5 · CME +0.9
−3.37%
5Feb 3, 2026
Feb 3, 2026Before our storiesGroup +1.3% did not move with it
+1.3% did not move with itICE −5.8 · LPLA +2.8 · CBOE +1.8 · CME +0.8
−9.40%
4Jan 20, 2026
Jan 20, 2026Before our storiesGroup −1.2% did not move with it
−1.2% did not move with itLPLA −3.1 · ICE −1.7 · CBOE −0.6 · CME +0.1
−3.54%
3Oct 29, 2025
Oct 29, 2025Before our storiesGroup −2.1% moved the same way
−2.1% moved the same wayICE −4.2 · CBOE −2.5 · CME −1.8 · LPLA +0.1
−2.89%
2Oct 22, 2025
Oct 22, 2025Before our storiesGroup +0.2% did not move with it
+0.2% did not move with itCBOE +1.7 · CME −0.3 · LPLA +0.3 · ICE +0.1
−3.22%
1Oct 10, 2025
Oct 10, 2025Before our storiesGroup −0.1% did not move with it
−0.1% did not move with itLPLA −3.7 · CBOE +1.6 · ICE −1.1 · CME +1.0
−2.74%

A story on the same day is not a cause, and a group move is not proof either. Group: CME, ICE, CBOE, LPLA, the largest companies in NDAQ’s SEC industry; “the same way” means the same direction and at least half as far. Prior-session closes only; not a call, not advice.

The numbers · FY2025, filed

SEC EDGAR

Market cap$52.3B

Revenue$8.3B+11.60%

Net income$1.8B

EPS, diluted$3.09+60.10%

Gross margin63.5%

Operating margin28.2%

Return on equity14.6%

Debt / equity0.74

All filed figures

Snapshot

SEC EDGAR · FY 2025-12-31

SectorFinancial Services

Market Cap$52.3B

Enterprise Value$57.4B

Income$1.8B

Sales$8.3B

Book/sh$21.88

Cash/sh$7.04

Dividend TTM$1.05

Payout34%

Employees—

IPO—

Quick Ratio—

Current Ratio1.01

Debt/Eq0.74

EPS (ttm)$3.09

EPS this Y60.1%

EPS past 3/5Y11.0%

Sales past 3/5Y9.9%

EPS Y/Y TTM60.1%

Sales Y/Y TTM11.6%

Shs Outstand558.98M

ROA5.8%

ROE14.6%

ROIC11.2%

Gross Margin63.5%

Oper. Margin28.2%

Profit Margin21.6%

Every figure here is filed with the SEC. Valuation and estimate metrics (P/E, PEG, EV/EBITDA, price targets, forward EPS) are omitted until our market-data feed is licensed for display — we’d rather show fewer numbers than blank ones. Deeper lines (cash flow, balance sheet) below.

Revenue by fiscal year

$5.9B

FY21

$6.2B

FY22

$6.1B

FY23

$7.4B

FY24

$8.3B

FY25

Operating leverage — margins

GrossOperatingNet

Financials, annual · income and cash flowSEC EDGAR · open ▸

Financials — annual

SEC EDGAR · last 5 FY · tap a row to explain it

USD	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$5.9B	$6.2B	$6.1B	$7.4B	$8.3B
Gross Profit	$3.4B	$3.6B	$3.9B	$4.6B	$5.2B
Operating Income	$1.4B	$1.6B	$1.6B	$1.8B	$2.3B
Net Income	$1.2B	$1.1B	$1.1B	$1.1B	$1.8B
Diluted EPS	$2.35	$2.26	$2.08	$1.93	$3.09
Operating Cash Flow	$1.1B	$1.7B	$1.7B	$1.9B	$2.3B
Free Cash Flow	$920.0M	$1.6B	$1.5B	$1.7B	$2.0B

Same industry

In the screener →

CME$95.3B ICE$86.6B CBOE$26.9B LPLA$24.8B TW$21.7B SNEX$8.1B BGC$5.7B TOP$574M

Build basket with NDAQ Screener

Fundamentals sourced from SEC EDGAR filings (public domain). For informational purposes only. Not investment advice.