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) Operating cash flow
Nasdaq, Inc.'s operating cash flow for fiscal 2025 was $2.3B, up 16.3% from $1.9B in fiscal 2024. Over the twelve months to 30 June 2026 it was $2.2B. Over the past ten years it has ranged from $727.0M (fiscal 2015) to $2.3B (fiscal 2025) — the current reading is the highest in ten years. Nasdaq, Inc. ranks 5th of 15 Financial Data & Stock Exchanges companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $2.3B | 16.30% |
| FY2024 | $1.9B | 14.33% |
| FY2023 | $1.7B | (0.59%) |
| FY2022 | $1.7B | 57.53% |
| FY2021 | $1.1B | (13.50%) |
| FY2020 | $1.3B | 30.01% |
| FY2019 | $963.0M | (6.32%) |
| FY2018 | $1.0B | 13.09% |
| FY2017 | $909.0M | 17.14% |
| FY2016 | $776.0M | 6.74% |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Jun 2026 | $711.0M | 3.19% |
| Mar 2026 | $689.0M | 10.24% |
| Dec 2025 | $625.0M | 182.81% |
| Sep 2025 | $221.0M | (70.38%) |
| 42 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| SPGI S&P Global Inc. compare | $5.7B |
| ICE Intercontinental Exchange Inc. compare | $5.5B |
| CME CME Group Inc. compare | $4.3B |
| MCO Moody's Corporation compare | $3.3B |
| NDAQ Nasdaq, Inc. | $2.2B |
| CBOE Cboe Global Markets, Inc. compare | $2.0B |
| COIN Coinbase Global, Inc. compare | $1.7B |
| MSCI MSCI Inc compare | $1.6B |
| TRU TransUnion compare | $1.1B |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free 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