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NDAQ NASDAQ, INC.

Trailing twelve months to 2026-06-30 · as filed 2026-07-23, not restated
Financials

Scale

Market cap
$55.9bn
Revenue TTM
$8.8bn
Net income TTM
$2.0bn
Free cash flow
$2.0bn
Composite score
43.3
Sector rank
#219

Valuation

P / E
28.4
EV / EBITDA
EV / sales
7.3
FCF yield
3.49%
Earnings yield vs 10-yr
-1.21pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
22.5%
EBITDA margin
ROE
16.4%
ROIC
12.8%
Revenue growth
7.8%

Insider activity, last 90 days

Net open-market
$-0.79m
Buyers
1
Sellers
4

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

REVENUE FROM CONTRACTS WITH CUSTOMERS D i saggregation of Revenue The following tables summarize the disaggregation of revenue by major product and service and by segment for the three and six months ended June 30, 2026 and 2025 : Substantially all revenues from the Capital Access Platforms and Financial Technology segments were recognized over time for the three and six months ended June 30, 2026 and 2025 . Net income recognized from our equity interest in the earnings and losses of these equity method investments was $ 21 million and $ 23 million for the three months ended June 30, 2026 and 2025 , respectively, and $ 47 million and $ 50 million for the six months ended June 30, 2026 and 20 …NASDAQ, INC., 10-Q, period ended 2026-06-30, filed 2026-07-23

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