Nasdaq, Inc. (NDAQ)

Nasdaq Financials Financial Exchanges & Data S&P 500
$107.12
+0.29 (+0.27%)
Close of Nov 06, 2026 · end-of-day data
SMA 50SMA 2005Y/10Y use weekly candles (10/40-week averages)

Performance

price return
1W+0.8%
1M+16.0%
3M+12.0%
6M+20.5%
YTD+10.3%
1Y+25.2%
3Y+119.9%
5Y+53.1%

Key statistics

Full financials →
Market cap$59.5B
P/E (TTM)29.3
EPS (TTM, diluted)$3.66
P/S6.50
P/B4.95
EV / EBITDA20.0
Revenue (TTM)$9.15B
Revenue growth+11.5%
Net margin22.8%
ROE17.4%
Debt / equity0.73
FCF yield3.8%
Dividend yield1.08%
Payout ratio32%
Beta (1Y)0.59
Volatility (1Y)28.7%
52-week range$76.55 – $111.45
Avg volume (50D)3.38M

Revenue & net income — last 8 quarters

Statements →
Oct 26, 4:20 PM ET

Nasdaq Appoints Börje Ekholm to Board; Holden Spaht to Resign at Year-End

Neutral leadership 5.02

Nasdaq elected Börje Ekholm, former President and CEO of Ericsson, to its Board of Directors effective November 1, 2026, where he will serve on the Audit & Risk Committee. Director Holden Spaht will leave the Board and all committees effective December 31, 2026, and the company said his decision was not due to any disagreement with Nasdaq. The changes are board composition updates that do not alter reported financial results.

  • Börje Ekholm elected to the Board on October 21, 2026, effective November 1, 2026, and named to the Audit & Risk Committee
  • Ekholm was President and CEO of Ericsson from January 2017 to September 2026 and previously chaired Nasdaq's Board from May 2012 to December 2016
  • Holden Spaht notified Nasdaq on October 22, 2026 of his resignation from the Board, effective December 31, 2026
  • A non-officer immediate family member of Ekholm is employed by Nasdaq; the Audit & Risk Committee reviewed and ratified that compensation
Read the filing on SEC.gov ↗
Oct 22, 7:26 AM ET

Nasdaq Q3 net revenue rose 13% to $1.5 billion; GAAP EPS up 31% to $0.96

Positive earnings 2.027.018.01

Nasdaq reported third-quarter 2026 net revenue of $1.5 billion, up 13% from a year earlier, with GAAP diluted earnings per share of $0.96, up 31%, and non-GAAP diluted EPS of $1.04, up 18%. The company also declared a quarterly cash dividend and updated its 2026 non-GAAP operating expense guidance to a range of $2.550 billion to $2.580 billion.

  • Third-quarter net revenue was $1.5 billion, up 13% reported and 14% organic; Solutions revenue rose 17% to $1.2 billion.
  • GAAP diluted EPS was $0.96 versus $0.73 a year earlier; non-GAAP diluted EPS was $1.04 versus $0.88.
  • Cash dividends declared per common share were $0.31 in the quarter, versus $0.27 a year earlier.
  • The company returned $173 million through dividends and $323 million through share repurchases in the quarter, with $2.2 billion remaining under its repurchase authorization as of September 30, 2026.
Read the filing on SEC.gov ↗
Jul 23, 7:24 AM ET

Nasdaq Q2 net revenue rises 15% to $1.5 billion; GAAP EPS $0.89, up 14%

Positive earnings Written later 2.027.018.01

Nasdaq reported second-quarter 2026 net revenue of $1.5 billion, up 15% from a year earlier, with GAAP diluted EPS of $0.89, up 14%, and non-GAAP diluted EPS of $1.07, up 25%. The company updated its 2026 non-GAAP operating expense guidance to $2.530 billion to $2.570 billion and kept its non-GAAP tax rate guidance at 22.5% to 24.5%, while also announcing a quarterly cash dividend.

  • Q2 2026 net revenue was $1.5 billion, up 15%; Solutions revenue was $1.2 billion, up 17%
  • GAAP diluted EPS was $0.89 and non-GAAP diluted EPS was $1.07, up 25% from the second quarter of 2025
  • 2026 non-GAAP operating expense guidance updated to $2.530 billion to $2.570 billion; non-GAAP tax rate guidance held at 22.5% to 24.5%
  • In Q2 the company returned $174 million through dividends and $356 million through share repurchases; $2.5 billion remained under the buyback authorization as of June 30, 2026
Read the filing on SEC.gov ↗
Jul 1, 4:47 PM ET

Nasdaq enters $1.5 billion five-year revolving credit facility replacing prior agreement

Neutral financing Written later 1.011.022.03

Nasdaq, Inc. entered into an amended and restated credit agreement on June 30, 2026, providing a $1.5 billion senior unsecured five-year revolving credit facility that replaces its existing 2022 credit agreement as amended. As of July 1, 2026, no loans were outstanding, and the facility matures on June 30, 2031, so the filing mainly refinances existing borrowing capacity rather than adding new debt today.

  • Facility size: $1.5 billion senior unsecured five-year revolving credit, maturing June 30, 2031
  • Replaces the Company's Amended and Restated Credit Agreement dated December 16, 2022, as amended through December 16, 2024
  • No loans outstanding under the facility as of July 1, 2026; the Company may increase commitments by up to $1.0 billion, subject to conditions
  • Financial covenant: Leverage Ratio not greater than 3.75 to 1.00, with possible temporary increases tied to material acquisitions
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.

Famous investors who own NDAQ

All investors →
InvestorValue% of portfolioLast quarter
Ray Dalio Bridgewater Associates $6.36M0.03% New

From each investor's latest 13F filing (Q2 2026); positions are as of the quarter end and filed up to 45 days later.

Trades disclosed by members of Congress

All NDAQ congressional trades →
TradedMemberTypeAmount
Aug 25, 2026April McClain Delaney MD-06 · ChildSell$100,001 – $250,000
Apr 24, 2026April McClain Delaney MD-06 · ChildBuy$1,001 – $15,000
Mar 31, 2026April McClain Delaney MD-06 · ChildBuy$1,001 – $15,000
Mar 18, 2026April McClain Delaney MD-06 · ChildBuy$1,001 – $15,000
Mar 10, 2026April McClain Delaney MD-06 · ChildBuy$1,001 – $15,000
Mar 09, 2026April McClain Delaney MD-06 · ChildBuy$1,001 – $15,000
Mar 04, 2026April McClain Delaney MD-06 · ChildBuy$1,001 – $15,000
Mar 03, 2026April McClain Delaney MD-06 · ChildBuy$1,001 – $15,000

From House periodic transaction reports (STOCK Act); amounts are the form's ranges.

Insider transactions

All insider trades →
DateInsiderTypeSharesPriceValue
Nov 04Tal Cohen
Pres. Market Platforms
Sell2.29K$109.40$250.09K
Nov 04Peterson Bradley J
EVP, CIO
Sell5.00K$107.75$538.75K
Nov 03Tal Cohen
Pres. Market Platforms
Sell2.29K$108.05$247.33K
Nov 02Ekholm Borje
Director
Award1.45K—$0
Oct 27Peterson Bradley J
EVP, CIO
Sell3.99K$104.75$417.64K
Oct 23Tal Cohen
Pres. Market Platforms
Sell10.39K$103.34$1.07M
Oct 23Peterson Bradley J
EVP, CIO
Sell4.00K$103.38$413.52K
Oct 20Skule Jeremy
EVP, CSO
Sell 10b5-11.12K$95.00$106.88K
Oct 12Skule Jeremy
EVP, CSO
Sell 10b5-11.12K$94.13$105.90K
Oct 01Skule Jeremy
EVP, CSO
Tax Withholding1.26K$92.01$116.12K

Prices are end-of-day and split-adjusted. Financial data from Nasdaq, Inc.'s SEC XBRL filings. Not investment advice.