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.

In this article, I start by assessing why "quality" stocks are in a good position to deliver long-term outperformance. Nasdaq stands for quality thanks to a strong business model, increasing margins, and the ability to generate high free cash flow in an industry with high entry barriers.

Nasdaq: When Quality Means Outperformance

Accelerating organic growth, focus on ramping up on-trading revenue base, strategic buyouts to capitalize on growing markets opportunities, effective capital deployment well poise Nasdaq (NDAQ) for growth.

Here's Why Should You Hold Nasdaq (NDAQ) Stock in Portfolio

Airbnb

Adobe

Chewy

These four growth stocks could be perfect for your portfolio.

Stock Market Rebound: 4 Incredible Growth Stocks to Buy and Hold Forever

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

Why Is Nasdaq (NDAQ) Up 10.4% Since Last Earnings Report?

NEW YORK, Aug. 16, 2022 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading will resume today in Vinco Ventures, Inc. (Nasdaq: BBIG) at 12:30 p.m. Eastern Time on August 16, 2022. Trading in the company's stock was halted on August 4, 2022 at 1:44:39 p.m. Eastern Time.

Nasdaq Resumes Trading in Vinco Ventures, Inc.

NEW YORK, Aug. 04, 2022 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading was halted today in Vinco Ventures, Inc. (Nasdaq: BBIG) at 01:44:39 P.M. Eastern Time for "additional information requested" from the company at a last sale price of $0.7117.

Nasdaq Halts Vinco Ventures Inc.

The growing SaaS business offers promise for investors, plus a rising dividend.

Generate Passive Income as This Dividend Payer Eyes a Stock Split

NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for July 2022 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 July 2022 Volumes

The financial stock surged on strong earnings, among other factors

Why Nasdaq's Stock Price Rocketed 18.6% in July

FactSet Research Systems

PayPal

These may not be the fastest-growing names, but they have the right ingredients to produce excellent returns.

3 Fintech Stocks That Could Beat the Market Over the Next 5 Years

NEW YORK, July 26, 2022 (GLOBE NEWSWIRE) -- At the end of the settlement date of July 15, 2022, short interest in 3,422 Nasdaq Global MarketSM securities totaled 10,591,951,910 shares compared with 10,675,154,725 shares in 3,432 Global Market issues reported for the prior settlement date of June 30, 2022. The mid-July short interest represents 3.11 days compared with 2.44 days for the prior reporting period.

Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date July 15, 2022

NEW YORK and STOCKHOLM, July 21, 2022 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ), today announced the appointment of Johan Torgeby to its Board of Directors. Torgeby is President and Group Chief Executive at Skandinaviska Enskilda Banken (SEB), a leading financial services group in northern Europe headquartered in Stockholm, Sweden. Torgeby's appointment is effective immediately and expands the Board to 11 directors. He will be a member of the Finance Committee.

Nasdaq Appoints Johan Torgeby to its Board of Directors

Nasdaq, Inc. (NASDAQ:NDAQ ) Q2 2022 Earnings Conference Call July 20, 2022 8:00 AM ET Company Participants Ed Ditmire - Investor Relations Adena Friedman - Chief Executive Officer Ann Dennison - Chief Financial Officer John Zecca - Chief Legal Risk and Regulatory Officer Conference Call Participants Rich Repetto - Piper Sandler Alex Kramm - UBS Brian Bedell - Deutsche Bank Alexander Blostein - Goldman Sachs Daniel Fannon - Jefferies Craig Siegenthaler - Bank of America Kyle Voigt - KBW Michael Cyprys - Morgan Stanley Gautam Sawant - Credit Suisse Owen Lau - Oppenheimer Operator Good day and thank you for standing by. Welcome to the Nasdaq Second Quarter 2022 Results Call.

Nasdaq, Inc. (NDAQ) CEO Adena Friedman on Q2 2022 Results - Earnings Call Transcript

The owners of NDAQ stock will "receive two additional shares of common stock for every one share" next month. The post NDAQ Stock Gains 5% as Nasdaq Preps for 3-for-1 Stock Split appeared first on InvestorPlace.

NDAQ Stock Gains 5% as Nasdaq Preps for 3-for-1 Stock Split

Nasdaq (NDAQ) delivered earnings and revenue surprises of 8.38% and 1.06%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Nasdaq (NDAQ) Q2 Earnings and Revenues Surpass Estimates

NEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has approved and declared both a 3-for-1 stock split of the company's common stock in the form of a stock dividend, along with a regular quarterly dividend of $0.20 per share on the company's outstanding common stock, which on a split-adjusted basis is economically equivalent to the pre-split dividend amount of $0.60 per share paid in the preceding quarter.

Nasdaq Announces 3-For-1 Stock Split and Quarterly Dividend of $0.20 Per Share

NEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the second quarter of 2022.

Nasdaq Reports Second Quarter 2022 Results; Continues Strong Growth in Solutions Segments Revenue

NEW YORK, July 18, 2022 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the ordinary shares, warrant, unit, and rights of Alberton Acquisition Corporation. Alberton Acquisition Corporation's securities were suspended on April 26, 2022 and have not traded on Nasdaq since that time.

Delisting of Securities of Alberton Acquisition Corporation; Zosano Pharma Corporation; Electric Last Mile Solutions, Inc.; 4D pharma plc; and Enjoy Technology, Inc. from The Nasdaq Stock Market

NEW YORK, July 12, 2022 (GLOBE NEWSWIRE) -- At the end of the settlement date of June 30, 2022, short interest in 3,432 Nasdaq Global MarketSM securities totaled 10,675,154,725 shares compared with 10,650,038,311 shares in 3,411 Global Market issues reported for the prior settlement date of June 15, 2022. The end-of-June short interest represents 2.44 days compared with 2.92 days for the prior reporting period.

Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date June 30, 2022

NEW YORK, July 11, 2022 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for June 2022, as well as quarterly volumes, estimated revenue capture, number of listings and index statistics for the quarter ended June 30, 2022 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 June 2022 Volumes and 2Q22 Statistics

Nasdaq is the world's largest electronic stock exchange. Its indexes, the Nasdaq Composite and Nasdaq 100, play an important role in the stock market.

The Nasdaq is an electronic stock exchange where some of the fastest-growing, most innovative companies trade

Cboe Global Markets

Intercontinental Exchange

As financial markets have weakened in 2022, trading volumes have fallen across all asset classes, according to a new report by Bank of America analyst Craig Siegenthaler. Siegenthaler said Friday that these declining volumes are weighing on exchange stocks, such as CME Group Inc (NYSE: CME),.

Trading Volume Is Falling — And These Exchange Stocks Are Getting Hit

In this article, I start by explaining why owning dividend growth stocks is so important. Then, we look into Nasdaq's business model, which provides high earnings and free cash flow growth used to boost what has become a decent dividend yield.

Nasdaq Inc.: A Dividend Grower You'll Love

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

Nasdaq Welcomes 108 IPOs in the First Half of 2022

NEW YORK and SINGAPORE, June 28, 2022 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) and Climate Impact X (CIX), a global marketplace and exchange for quality carbon credits, today announced a strategic technology partnership that will help unlock price transparency and liquidity in the voluntary carbon market. The agreement will see CIX leverage Nasdaq's robust matching technology to power its spot trading platform, which will launch in early 2023 for financial institutions and institutional investors worldwide.

News for Nasdaq Stock (NDAQ)