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) Shares outstanding
Nasdaq, Inc.'s shares outstanding at the end of fiscal 2025 was $578.6M, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $567.8M. Over the past ten years it has ranged from $497.9M (fiscal 2022) to $579.2M (fiscal 2024); the current reading is higher than 91% of that period. Nasdaq, Inc. ranks 1st of 14 Financial Data & Stock Exchanges companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $578.6M | (0.10%) |
| FY2024 | $579.2M | 13.93% |
| FY2023 | $508.4M | 2.12% |
| FY2022 | $497.9M | (1.43%) |
| FY2021 | $505.1M | 0.87% |
| FY2020 | $500.7M | (0.04%) |
| FY2019 | $500.9M | (0.43%) |
| FY2018 | $503.1M | (1.12%) |
| FY2017 | $508.8M | 0.46% |
| FY2016 | $506.4M | (1.45%) |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $567.8M | (0.70%) |
| Mar 2026 | $571.7M | (1.18%) |
| Dec 2025 | $578.6M | (0.07%) |
| Sep 2025 | $579.0M | 0.00% |
| 42 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| NDAQ Nasdaq, Inc. | $567.8M |
| ICE Intercontinental Exchange Inc. compare | $566.0M |
| CME CME Group Inc. compare | $361.3M |
| SPGI S&P Global Inc. compare | $295.5M |
| COIN Coinbase Global, Inc. compare | $263.4M |
| TRU TransUnion compare | $193.7M |
| MCO Moody's Corporation compare | $174.5M |
| CBOE Cboe Global Markets, Inc. compare | $104.9M |
| MSCI MSCI Inc compare | $72.9M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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- P/S ratio
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- Price to free cash flow
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