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.

Nasdaq Inc. is a strong technology proxy with a competitive dividend yield, low payout ratio, and high dividend growth. The company's transformation into a leading technology provider for the financial system has been successful, with investments in cloud computing, AI innovation, and strategic acquisitions. Nasdaq's focus on market modernization, ESG trends, and anti-financial crime initiatives enhances its cross-selling potential and presents an attractive opportunity for long-term investors.

Top-Tier Financial Dividend Growth With Nasdaq

NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today announced the appointment of Sarah Youngwood as Executive Vice President and Chief Financial Officer, effective December 1, 2023. Youngwood will succeed Ann Dennison, who has held the role since 2021 and will remain at the company until the end of the year to ensure an orderly transition.

Nasdaq Announces CFO Transition

Exchange operator Nasdaq Inc is preparing to name former UBS Group AG executive Sarah Youngwood as its new chief financial officer, people familiar with the matter said on Tuesday.

Exclusive: Nasdaq prepares to name Sarah Youngwood as new CFO-sources

American Express

Nasdaq just made a big splash with an acquisition that should boost its long-term prospects. American Express is seeing booming growth in two key areas.

Bull Market and Beyond: 2 Cheap Growth Stocks to Own for the Long Run

NEW YORK, Aug. 24, 2023 (GLOBE NEWSWIRE) -- At the end of the settlement date of August 15, 2023, short interest in 3,276 Nasdaq Global MarketSM securities totaled 10,165,210,409 shares compared with 10,124,012,140 shares in 3,275 Global Market issues reported for the prior settlement date of July 31, 2023. The mid-August short interest represents 2.70 days compared with 2.70 days for the prior reporting period.

Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date August 15, 2023

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

Why Is Nasdaq (NDAQ) Up 4.2% Since Last Earnings Report?

Nasdaq's +$10 billion deal for Adenza caused a $3 billion decline in shares due to near-term dilution and increased debt. Nasdaq's Q2 earnings release confirmed the soundness of the strategic deal but highlighted the painful near-term dilution and higher leverage. The Adenza acquisition is expected to be accretive in year two, but the added debt and dilution make me cautious with a desired entry target in the mid-forties.

Nasdaq: Adenza Worries Are Not Taken Away

NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- At the end of the settlement date of July 31, 2023, short interest in 3,275 Nasdaq Global MarketSM securities totaled 10,124,012,140 shares compared with 10,433,832,264 shares in 3,291 Global Market issues reported for the prior settlement date of July 14, 2023. The end of July short interest represent 2.70 days average daily Nasdaq Global Market share volume for the reporting period, compared with 3.26 days for the prior reporting period.

Nasdaq Announces End of Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date July 31, 2023

NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for July 2023 on its investor relations website. A data sheet showing this information can be found at: http://ir.nasdaq.com/financials/volume-statistics.

Nasdaq July 2023 Volumes

DexCom

Paycom Software

Apple

Arch Capital

Best Buy

Broadridge Financial

Salesforce

Cintas Corp

Etsy

Keysight

Lowe's

Monolithic Power Systems

Microsoft

Motorola Solutions

Norwegian Cruise Line

Netflix

NetApp

NVIDIA

Insulet

Synopsys

Sysco

Take-Two Interactive Software

Subscribers to  Chart of the Week  received this commentary on Sunday, July 23.

25 S&P 500 Stocks to Target Next Month

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why Nasdaq (NDAQ) is a Top Growth Stock for the Long-Term

NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- At the end of the settlement date of July 14, 2023, short interest in 3,291 Nasdaq Global MarketSM securities totaled 10,433,832,264 shares compared with 10,495,374,039 shares in 3,300 Global Market issues reported for the prior settlement date of June 30, 2023. The mid-July short interest represents 3.26 days compared with 2.49 days for the prior reporting period.

Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date July 14, 2023

NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the common stock of NantHealth, Inc. NantHealth, Inc.'s securities were suspended on May 24, 2023, and have not traded on Nasdaq since that time.

Delisting of Securities of NantHealth, Inc.; Surgalign Holdings, Inc.; Lordstown Motors Corp.; iMedia Brands, Inc.; Crescera Capital Acquisition Corp.; Better World Acquisition Corp.; Tattooed Chef, Inc.; and Alpine Summit Energy Partners, Inc. from The N

Campbell Soup

Disney

If you're looking for stocks to rebound, the relatively strong performance of the S&P 500 in 2023 is up nearly 19% year-to-date, so you won't be able to find as many options as you once could. A quick screen of the index's stocks shows 25 at a new high and just two at a new low.

Looking for a Bounce Back? These 3 Stocks Near 52-Week Lows May Deliver Soon.

NEW YORK, July 24, 2023 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) will be presenting at the following conference with a webcast available at Nasdaq's Investor Relations website: ir.nasdaq.com/events.cfm .

Nasdaq Chair & CEO Adena Friedman to Present at the Oppenheimer 26th Annual Technology, Internet & Communications Conference

Comcast

LM Ericsson Telefon

Gilead Sciences

JD.com

PayPal

Roper Technologies

The Nasdaq is known for its high-flying growth stocks, and with good reason. But there's more to the index than just those aggressive names.

The 7 Most Undervalued Nasdaq Stocks to Buy Now: July 2023

(Kitco News) - Nasdaq announced that it is halting its plans to launch a crypto custody service due to the uncertain regulatory conditions in the U.S., remains dedicated to digital assets.

Nasdaq halts plans to launch crypto custody service due to regulatory uncertainty

Nasdaq (NDAQ) Q2 results reflect organic growth and solid results at the Solutions segment.

Nasdaq (NDAQ) Beats on Q2 Earnings, Tightens Expense View

Nasdaq, Inc. (NASDAQ:NDAQ ) Q2 2023 Earnings Call Transcript July 19, 2023 8:00 AM ET Company Participants Ato Garrett - Senior Vice President, Investor Relations Adena Friedman - Chair & Chief Executive Officer Ann Dennison - Chief Financial Officer Conference Call Participants Owen Lau - Oppenheimer Patrick Moley - Piper Sandler Michael Cyprys - Morgan Stanley Alex Kramm - UBS Kyle Voigt - KBW Michael Cho - JPMorgan Brian Bedell - Deutsche Bank Operator Good day and thank you for standing by. Welcome to the Nasdaq Second Quarter 2023 Results Conference Call.

Nasdaq, Inc. (NDAQ) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Nasdaq (NDAQ) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Nasdaq (NDAQ) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) has reported second-quarter earnings that beat expectations as rising demand for software to tackle financial crime compensated for a flat performance from trading services.  The stock exchange operator reported a 4% year-over-year increase in net revenues to $925 million for the three months to June 30, 2023.

Nasdaq reports 2Q earnings beat on rising demand for anti-financial crime solutions

Exchange operator Nasdaq beat estimates for second-quarter profit on Wednesday on the back of consistent demand for its investment-related products and capital markets solutions such as anti-financial crime software.

Nasdaq beats profit estimates on steady demand for investment products

NEW YORK, July 19, 2023 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the second quarter of 2023.

Nasdaq Reports Second Quarter 2023 Results; Consistent Execution Drives Solid Revenue Growth

Zoom Video

These businesses are undergoing significant transformations and looking to reinvent themselves. Each company plans to enter markets adjacent to its more well-known operations.

The Best Stocks to Buy With $100 Right Now

Nasdaq's (NDAQ) second-quarter performance is likely to have been driven by solid organic revenue growth, strong performance at corporate solutions and analytics businesses and higher market technology revenues.

News for Nasdaq Stock (NDAQ)