Nasdaq (NDAQ) Operating Income (2009 - 2026)

Nasdaq's (NDAQ) quarterly Operating Income came in at $657.0 million in Q1 2026, up 20.11% year-on-year from $547.0 million in Q1 2025, and up 4.45% quarter-over-quarter from $629.0 million in Q4 2025.

Nasdaq (NDAQ) Operating Income (2009 - 2026) Analysis & Trends

Nasdaq has disclosed Operating Income across 18 years of filings, most recently posting $657.0 million for Q1 2026.

  • Operating Income for Q1 2026 came in at $657.0 million, up 20.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.4 billion (up 26.1% YoY), and the FY2025 annual result was $2.3 billion, up 29.64% from the prior year.
  • Operating Income came in at $657.0 million for Q1 2026 at Nasdaq, up from $629.0 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $657.0 million in Q1 2026 to a low of $55.0 million in Q4 2023.
  • The 5-year median for Operating Income is $423.0 million (2024), against an average of $448.8 million.
  • Across the five-year window, Operating Income sank 84.24% in 2023 and soared 840.0% in 2024, its largest moves.
  • Nasdaq's Operating Income stood at $349.0 million in 2022, then tumbled by 84.24% to $55.0 million in 2023, then jumped by 840.0% to $517.0 million in 2024, then gained by 21.66% to $629.0 million in 2025, then increased by 4.45% to $657.0 million in 2026.
  • The last three Operating Income figures came in at $657.0 million (Q1 2026), $629.0 million (Q4 2025), and $586.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 2.00 Bn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 1.31 Bn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 922.00 Mn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 1.67 Bn
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 657.00 Mn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn -21.42 Mn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 456.90 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 505.60 Mn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 244.80 Mn
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 184.96 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 657.00 Mn
Dec 31, 2025 629.00 Mn
Sep 30, 2025 586.00 Mn
Jun 30, 2025 568.00 Mn
Mar 31, 2025 547.00 Mn
Dec 31, 2024 517.00 Mn
Sep 30, 2024 448.00 Mn
Jun 30, 2024 423.00 Mn
Mar 31, 2024 410.00 Mn
Dec 31, 2023 55.00 Mn
Sep 30, 2023 431.00 Mn
Jun 30, 2023 382.00 Mn
Mar 31, 2023 412.00 Mn
Dec 31, 2022 349.00 Mn
Sep 30, 2022 398.00 Mn
Jun 30, 2022 412.00 Mn
Mar 31, 2022 405.00 Mn
Dec 31, 2021 344.00 Mn
Sep 30, 2021 356.00 Mn
Jun 30, 2021 376.00 Mn