Nasdaq (NDAQ) Revenue (2009 - 2026)
Nasdaq's Revenue was $2.53 billion in Q2 2026, up 20.5% from $2.1 billion a year earlier and up 18.5% from the prior quarter.
Powered by 
Analysis
Nasdaq (NDAQ) Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nasdaq's Revenue was $8.75 billion through Jun 30, 2026, up 7.7% year-over-year; for FY2025, it came in at $8.26 billion, up 11.6% from FY2024.
- Revenue shows a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- In earlier years, Revenue was $7.4 billion in FY2024 (+22.0%), $6.06 billion in FY2023 (-2.6%), $6.23 billion in FY2022 (+5.8%) and $5.89 billion in FY2021 (+4.6%).
- The Q2 2026 figure marks the highest quarterly Revenue in data going back to Q2 2009.
- Compared with a year earlier, Revenue has increased for 11 straight quarters, with growth averaging 15.9% over the last eight quarters.
- The best year-over-year quarter for Revenue over five years was Q3 2024 (growth of 31.1%); the worst was Q2 2023 (a decline of 7.7%).
- Per Business Quant data, NDAQ's Revenue in the three quarters before Q2 2026 was $2.14 billion (Q1 2026), $2.12 billion (Q4 2025) and $1.96 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 1.31 Bn |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 5.67 Bn |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 1.71 Bn |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 3.61 Bn |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 2.53 Bn |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | 4.05 Bn |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 1.90 Bn |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 1.35 Bn |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 1.44 Bn |
| 10 | LPL Financial Holdings | 24.62 Bn | 19.94 Bn | - | 5.19 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.53 Bn |
| Mar 31, 2026 | 2.14 Bn |
| Dec 31, 2025 | 2.12 Bn |
| Sep 30, 2025 | 1.96 Bn |
| Jun 30, 2025 | 2.10 Bn |
| Mar 31, 2025 | 2.10 Bn |
| Dec 31, 2024 | 2.03 Bn |
| Sep 30, 2024 | 1.90 Bn |
| Jun 30, 2024 | 1.79 Bn |
| Mar 31, 2024 | 1.67 Bn |
| Dec 31, 2023 | 1.65 Bn |
| Sep 30, 2023 | 1.45 Bn |
| Jun 30, 2023 | 1.43 Bn |
| Mar 31, 2023 | 1.53 Bn |
| Dec 31, 2022 | 1.58 Bn |
| Sep 30, 2022 | 1.56 Bn |
| Jun 30, 2022 | 1.55 Bn |
| Mar 31, 2022 | 1.54 Bn |
| Dec 31, 2021 | 1.47 Bn |
| Sep 30, 2021 | 1.36 Bn |
API Access
Nasdaq Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();