stockrowNasdaq, Inc.
NDAQ Financial Financial Data & Stock Exchanges
Nasdaq, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.3 billion, up 11.6% from fiscal 2024.
- Revenue
- +20.9%
- EPS
- +31.1%
- Free cash flow
- +202.0%
- Total debt
- −2.26%
Quarter to September 2026, against a year earlier
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Nasdaq, Inc. (NDAQ) EBITDA
Nasdaq, Inc.'s EBITDA for fiscal 2025 was $3.0B, up 22.9% from $2.4B in fiscal 2024. Over the twelve months to 30 September 2026 it was $3.4B. Over the past ten years it has ranged from $858.0M (fiscal 2015) to $3.0B (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 6 consecutive fiscal years. Nasdaq, Inc. ranks 5th of 14 Financial Data & Stock Exchanges companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $3.0B | 22.90% |
| FY2024 | $2.4B | 26.83% |
| FY2023 | $1.9B | 4.34% |
| FY2022 | $1.8B | 5.99% |
| FY2021 | $1.7B | 19.71% |
| FY2020 | $1.4B | 18.97% |
| FY2019 | $1.2B | (2.50%) |
| FY2018 | $1.2B | 5.00% |
| FY2017 | $1.2B | 17.20% |
| FY2016 | $1.0B | 17.25% |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Sep 2026 | $897.0M | 2.16% |
| Jun 2026 | $878.0M | 6.81% |
| Mar 2026 | $822.0M | 3.92% |
| Dec 2025 | $791.0M | 6.32% |
| 43 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| SPGI S&P Global Inc. compare | $8.8B |
| ICE Intercontinental Exchange Inc. compare | $7.3B |
| CME CME Group Inc. compare | $4.9B |
| MCO Moody's Corporation compare | $4.1B |
| NDAQ Nasdaq, Inc. | $3.4B |
| MSCI MSCI Inc compare | $2.1B |
| CBOE Cboe Global Markets, Inc. compare | $2.1B |
| TRU TransUnion compare | $1.6B |
| COIN Coinbase Global, Inc. compare | $465.3M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
More on NDAQ
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement