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The financials
Nasdaq, Inc. by the numbers
Nasdaq, Inc. (NDAQ) reported revenue of $2.53B in Q2 2026 (quarter ended Jun 30, 2026), up 21% from the same quarter a year earlier. That came with a gross margin of 59% and net income of $507M (20% of revenue). For the full year FY2025, revenue was $8.26B (+12% year on year) and net income $1.79B. Its largest segment in Q2 2026 was Market Services at $1.37B, 54% of the disclosed total, well ahead of Capital Access Platforms at 25%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $2.53B | $2.10B | +21% |
| Gross profit | $1.50B | $1.31B | +15% |
| Operating income | $712M | $568M | +25% |
| Net income | $507M | $452M | +12% |
| Diluted EPS | $0.89 | $0.78 | +14% |
| Operating | Revenue | Share |
|---|---|---|
| Market Services | $1.37B | 54% |
| Capital Access Platforms | $621M | 25% |
| Financial Technology | $539M | 21% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.53B (+19%)
Market Services grew +25% year on yearFinancial Technology +16% year on year
Segment Latestquarter on quarteryear on year
- Market Services$1.37B$1.37BQoQ +31%year on year +25%+31%+25%
- Capital Access Platforms$621.0M$621.0MQoQ +9.9%year on year +19%+9.9%+19%
- Financial Technology$539.0M$539.0MQoQ +4.3%year on year +16%+4.3%+16%
Financial Services
Ranks #272 of 366 by Smart Score