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.

Revenue
+20.9%
EPS
+31.1%
Free cash flow
+202.0%
Total debt
−2.26%

Quarter to September 2026, against a year earlier

107.20 0.37 +0.35%
Market cap
$59.3B
P/E
28.9×
Fwd P/E
29.4×
Dividend yield
1.08%
F-score
9/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Nasdaq, Inc. (NDAQ) Operating cash flow

Alert me on 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 September 2026 it was $2.5B. 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 6th of 14 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
Sep 2026 $521.0M (26.72%)
Jun 2026 $711.0M 3.19%
Mar 2026 $689.0M 10.24%
Dec 2025 $625.0M 182.81%
43 more quarters

Against its own ten years

Low $727.0M High $2.3B
Ten-year median $1.1B
Current reading's percentile 100

Operating cash flow against peers

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

The full definition of Operating cash flow →

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