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    Nasdaq Inc (NDAQ)

    Official site

    FINANCIAL SERVICES • FINANCIAL DATA & STOCK EXCHANGES • NASDAQ

    $93.50
    +1.54 (+1.67%)

    Market Cap: $51.40B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    95%(37/39)
    Avg Surprise
    +4.34%
    Streak
    9 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.02
    Range$0.99 - $1.06
    15 analysts
    EPS RevisionsNo revisions (7d)
    11
    2
    30d
    EPS Estimate DriftChange to current
    90d ago$1.00+1.8%
    60d ago$1.03-0.7%
    30d ago$1.03-0.6%
    7d ago$1.03-0.6%
    Current$1.02
    Revenue Consensus
    $1.5B
    Range$1.5B - $1.5B
    10 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.19
    Range$1.11 - $1.24
    17 analysts
    Revenue Consensus
    $1.6B
    Range$1.6B - $1.7B
    14 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$1.19---
    Sep 26EST
    -$1.02---
    Jun 26
    Reported Jul 23
    $1.07$0.98+9.18%Beat+25.9%
    Mar 26
    Reported Apr 23
    $0.96$0.93+3.23%Beat+21.5%
    Dec 25
    Reported Jan 29
    $0.96$0.92+4.35%Beat+26.3%
    Sep 25
    Reported Oct 21
    $0.88$0.85+3.53%Beat+18.9%
    Jun 25
    Reported Jul 24
    $0.85$0.81+4.94%Beat+23.2%
    Mar 25
    Reported Apr 24
    $0.79$0.77+2.60%Beat+25.4%
    Dec 24
    Reported Jan 29
    $0.76$0.75+1.33%Beat+5.6%
    Sep 24
    Reported Oct 24
    $0.74$0.69+7.25%Beat+4.2%
    Jun 24
    Reported Jul 25
    $0.69$0.64+7.81%Beat-2.8%
    Mar 24
    Reported Apr 25
    $0.63$0.65-3.08%Miss-8.7%
    Dec 23
    Reported Jan 31
    $0.72$0.71+1.41%Beat+12.5%
    Sep 23
    Reported Oct 18
    $0.71$0.68+4.41%Beat+4.4%
    Jun 23
    Reported Jul 19
    $0.71$0.66+7.58%Beat+2.9%
    Mar 23
    Reported Apr 19
    $0.69$0.66+4.55%Beat+4.5%
    Dec 22
    Reported Jan 25
    $0.64$0.65-1.54%Miss+0.0%
    Sep 22
    Reported Oct 19
    $0.68$0.65+4.62%Beat+15.3%
    Jun 22
    Reported Jul 20
    $0.69$0.64+7.81%Beat+9.5%
    Mar 22
    Reported Apr 20
    $0.66$0.65+1.54%Beat+1.5%
    Dec 21
    Reported Jan 26
    $0.64$0.59+8.47%Beat+20.8%
    Sep 21
    Reported Oct 20
    $0.59$0.58+1.72%Beat+15.7%
    Jun 21
    Reported Jul 21
    $0.63$0.59+6.78%Beat+23.5%
    Mar 21
    Reported Apr 21
    $0.65$0.58+12.07%Beat+30.0%
    Dec 20
    Reported Jan 27
    $0.53$0.48+10.42%Beat+23.3%
    Sep 20
    Reported Oct 21
    $0.51$0.48+6.25%Beat+21.4%
    Jun 20
    Reported Jul 22
    $0.51$0.48+6.25%Beat+24.4%
    Mar 20
    Reported Apr 22
    $0.50$0.48+4.17%Beat+22.0%
    Dec 19
    Reported Jan 29
    $0.43$0.42+2.38%Beat+2.4%
    Sep 19
    Reported Oct 23
    $0.42$0.40+5.00%Beat+10.5%
    Jun 19
    Reported Jul 24
    $0.41$0.40+2.50%Beat+5.1%
    Mar 19
    Reported Apr 24
    $0.41$0.39+5.13%Beat+0.0%
    Dec 18
    Reported Jan 30
    $0.42$0.42+0.00%Beat+20.0%
    Sep 18
    Reported Oct 24
    $0.38$0.38+0.00%Beat+8.6%
    Jun 18
    Reported Jul 25
    $0.39$0.39+0.00%Beat+14.7%
    Mar 18
    Reported Apr 25
    $0.41$0.40+2.50%Beat+10.8%
    Dec 17
    Reported Jan 31
    $0.35$0.33+6.06%Beat+9.4%
    Sep 17
    Reported Oct 25
    $0.35$0.34+2.94%Beat-
    Jun 17
    Reported Jul 26
    $0.34$0.32+6.25%Beat-
    Mar 17
    Reported Apr 26
    $0.37$0.35+5.71%Beat-
    Dec 16
    Reported Jan 31
    $0.32$0.31+3.23%Beat-

    Dividends

    Dividend Metrics

    Forward Yield1.33%
    Forward Annual Dividend$1.24
    Payout Ratio28.87%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+10.42%
    5Y CAGR+10.18%

    Key Metrics

    Valuation
    P/E Ratio24.16EV/EBITDA17.97x
    Price/FCF26.79xFCF Yield3.73%
    Profitability
    Profit Margin35.00%Operating Margin49.30%
    ROE16.50%ROIC10.56%
    Financial Health
    Debt/Equity0.73xInterest Coverage7.79x
    Current Ratio1.01xQuick Ratio1.01x
    Trading Statistics
    Beta1.00Avg Volume3.24M
    52-Week High$100.7752-Week Low$76.29

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$92.60
    SMA 20$93.02
    SMA 50$94.49
    SMA 200$90.09
    EMA 10$92.90
    EMA 20$92.99
    EMA 50$93.05
    EMA 200$90.35

    MACD

    Line: -0.22Signal: -0.41Hist: 0.19

    ADX

    ADX: 16.9+DI: 20.1-DI: 27.1

    Aroon & PSAR

    Aroon Up36.0
    Aroon Down16.0
    PSAR$94.61

    Bollinger Bands

    Upper Band$95.61
    Lower Band$90.43
    %B Position556%(Upper)
    Band Width0.59

    RSI (14-Day)

    Neutral
    51.5

    Momentum Oscillators

    Stoch %K59.3
    Stoch %D59.0
    Williams %R-26.1
    ROC (10d)2.0%
    Momentum1.83
    CCI (20d)6.1
    MFI (14d)45.9

    Volatility Measures

    ATR (14d)$1.98(2.1%)
    StdDev (20d)1.29
    Hist Vol19.1%(Low)

    Volume Flow

    VWAP$93.12
    OBV121.6M
    AD Line-1.2B
    CMF (20d)-0.005

    Volume Metrics

    Avg Vol (20d)3.2M
    Vol Ratio0.8x
    VWMA (20d)$92.97

    Pivot Points

    R3$96.06
    R2$95.15
    R1$93.55
    Pivot Point$92.64
    S1$91.05
    S2$90.14
    S3$88.54

    Advanced Oscillators

    TSI-3.47
    Ultimate Osc50.5
    KST-21.07

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$2.53B$2.14B$2.12B$1.96B$2.10B$2.10B$2.03B$1.90B$1.79B$1.67B$1.65B$1.45B
    Cost of Revenue$1.42B$1.09B$1.09B$996.00M$1.15B$1.19B$1.13B$1.09B$961.00M$897.00M$836.00M$771.00M
    Gross Profit$1.12B$1.05B$1.03B$962.00M$954.00M$908.00M$903.00M$814.00M$831.00M$777.00M$811.00M$680.00M
    Operating Expenses$405.00M$394.00M$403.00M$376.00M$386.00M$361.00M$386.00M$366.00M$408.00M$367.00M$458.00M$249.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$153.00M$152.00M$151.00M$140.00M$141.00M$119.00M$142.00M$133.00M$138.00M$129.00M$151.00M$115.00M
    Operating Income$712.00M$657.00M$630.00M$586.00M$568.00M$547.00M$517.00M$448.00M$423.00M$410.00M$353.00M$431.00M
    Interest Income$29.00M$32.00M$17.00M$32.00M$35.00M$38.00M$18.00M$9.00M$8.00M$9.00M$31.00M$60.00M
    Interest Expense$86.00M$87.00M$89.00M$87.00M$95.00M$96.00M$102.00M$102.00M$102.00M$108.00M$111.00M$101.00M
    Income Before Tax$653.00M$677.00M$580.00M$529.00M$548.00M$488.00M$440.00M$356.00M$341.00M$312.00M$277.00M$391.00M
    Income Tax Expense$146.00M$158.00M$63.00M$106.00M$96.00M$93.00M$85.00M$51.00M$119.00M$79.00M$82.00M$97.00M
    Net Income$507.00M$519.00M$517.00M$423.00M$452.00M$395.00M$355.00M$305.00M$222.00M$233.00M$195.00M$294.00M
    EBITDA$876.00M$897.00M$852.00M$742.00M$765.00M$702.00M$677.00M$601.00M$588.00M$566.00M$482.00M$496.00M
    EBIT$710.00M$732.00M$691.00M$584.00M$608.00M$546.00M$524.00M$449.00M$435.00M$411.00M$357.00M$432.00M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $1.44M
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    1
    New Awards (TTM)
    1
    Avg Remaining Term
    0.2 mo

    Top agency: Commodity Futures Trading Commission at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    9523ZY25C0010Commodity Futures Trading CommissionCommodity Futures Trading Commission$1.44MAug 12, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    NDAQ Valuation and Fair Value

    P/E
    24.2x
    Forward P/E
    23.6x
    EV/EBITDA
    18.0x
    P/FCF
    26.8x
    PEG
    1.8x
    P/B
    4.4x
    See GNG's fair value

    NDAQ Profitability: Margins, ROIC and FCF

    Gross margin
    47.6%
    Operating margin
    49.3%
    Net margin
    35.0%
    ROIC
    10.6%
    ROE
    16.5%
    FCF margin
    22.3%
    FCF yield
    3.7%

    NDAQ Analyst Ratings

    Consensus
    Buy
    Analysts
    17
    Strong Buy
    6
    Buy
    8
    Hold
    2
    Sell
    0
    Strong Sell
    1

    NDAQ Bull Case vs Bear Case

    Bull case

    • NDAQ converts 22.3% of revenue into free cash flow.
    • NDAQ has a 35.0% net profit margin.
    • NDAQ beat EPS estimates in 100.0% of its last 8 reported quarters.

    NDAQ Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    4.6%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.02
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    11 up, 2 down

    NDAQ Dividend

    Forward yield
    1.3%
    Payout ratio
    28.9%
    3Y DPS growth
    10.4%
    5Y DPS growth
    10.2%
    Pay months
    Mar, Jun, Sep, Dec
    NDAQ dividend history

    Frequently Asked Questions About NDAQ

    What is NDAQ's current dividend yield?

    Nasdaq Inc (NDAQ) has a forward dividend yield of 1.33%.

    Does NDAQ pay dividends?

    Yes, Nasdaq Inc pays dividends with a forward dividend yield of 1.33%.

    What is NDAQ's P/E ratio?

    Nasdaq Inc has a price-to-earnings (P/E) ratio of 24.16.

    What is NDAQ's market cap?

    Nasdaq Inc (NDAQ) has a market capitalization of $51.40B with a current stock price of $93.50.

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