Nasdaq Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.53B | $2.14B | $2.11B | $1.96B | $2.10B | $2.10B | $2.03B | $1.90B |
| Cost of Revenue | $1.03B | $730.0M | $716.0M | $643.0M | $795.0M | $859.0M | $805.0M | $756.0M |
| Gross Profit | $1.50B | $1.41B | $1.39B | $1.32B | $1.31B | $1.24B | $1.23B | $1.15B |
| Gross Margin | 59.2% | 65.8% | 66.0% | 67.2% | 62.2% | 59.0% | 60.4% | 60.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $23.0M | $29.0M | $24.0M | $22.0M | $23.0M | $6.0M | $25.0M | $26.0M |
| Operating Income | $712.0M | $657.0M | $630.0M | $586.0M | $568.0M | $547.0M | $517.0M | $448.0M |
| Operating Margin | 28.1% | 30.7% | 29.9% | 29.9% | 27.0% | 26.1% | 25.4% | 23.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $653.0M | $677.0M | $580.0M | $529.0M | $548.0M | $488.0M | $440.0M | $356.0M |
| Income Tax Expense | $146.0M | $158.0M | $63.0M | $106.0M | $96.0M | $93.0M | $85.0M | $51.0M |
| Net Income | $507.0M | $519.0M | $518.0M | $423.0M | $452.0M | $395.0M | $355.0M | $306.0M |
| Net Margin | 20.0% | 24.3% | 24.6% | 21.6% | 21.5% | 18.8% | 17.5% | 16.1% |
| EPS (Basic) | $0.90 | $0.92 | $0.90 | $0.74 | $0.79 | $0.69 | $0.61 | $0.53 |
| EPS (Diluted) | $0.89 | $0.91 | $0.90 | $0.73 | $0.78 | $0.68 | $0.62 | $0.53 |
| Shares Outstanding (Basic) | 564.2M | 566.8M | 573.3M | 573.3M | 574.1M | 575.0M | 575.4M | 575.1M |
| Shares Outstanding (Diluted) | 567.8M | 571.7M | 578.6M | 579.0M | 579.0M | 580.0M | 579.2M | 579.0M |
| Dividends Per Share | $0.31 | $0.27 | $0.27 | $0.27 | $0.27 | $0.24 | $0.24 | $0.24 |