Nasdaq, 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. In the quarter to June 2026, revenue grew 20.5%, EPS grew 13.9%, free cash flow fell 7.71% and total debt fell 2.14%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.
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Nasdaq, Inc. (NDAQ) Free cash flow
Nasdaq, Inc.'s free cash flow for fiscal 2025 was $2.0B, up 14.8% from $1.7B in fiscal 2024. Over the twelve months to 30 June 2026 it was $2.0B. Over the past ten years it has ranged from $594.0M (fiscal 2015) to $2.0B (fiscal 2025) — the current reading is the highest in ten years. Nasdaq, Inc. ranks 5th of 15 Financial Data & Stock Exchanges companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $2.0B | 14.84% |
| FY2024 | $1.7B | 12.61% |
| FY2023 | $1.5B | (1.03%) |
| FY2022 | $1.6B | 68.91% |
| FY2021 | $920.0M | (13.53%) |
| FY2020 | $1.1B | 27.27% |
| FY2019 | $836.0M | (8.83%) |
| FY2018 | $917.0M | 19.87% |
| FY2017 | $765.0M | 19.16% |
| FY2016 | $642.0M | 8.08% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $634.0M | 0.79% |
| Mar 2026 | $629.0M | 17.35% |
| Dec 2025 | $536.0M | 252.63% |
| Sep 2025 | $152.0M | (77.87%) |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| SPGI S&P Global Inc. compare | $5.6B |
| ICE Intercontinental Exchange Inc. compare | $4.6B |
| CME CME Group Inc. compare | $4.2B |
| MCO Moody's Corporation compare | $3.0B |
| NDAQ Nasdaq, Inc. | $2.0B |
| CBOE Cboe Global Markets, Inc. compare | $1.9B |
| MSCI MSCI Inc compare | $1.5B |
| COIN Coinbase Global, Inc. compare | $1.4B |
| TRU TransUnion compare | $787.9M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on NDAQ
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- 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