← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Revenue increased 11.6% to $8.26B, while Net income increased 60.1% to $1.79B.
The read at a glance✓ Audited against SEC data
- Scale — FY2025 revenue $8.26BOK
- Profitability — Net income $1.79BOK
- Cash generation — Free cash flow $1.99BOK
- Accounting — Distress screen not applicable · no manipulation flag · earnings quality safeNote
- Insiders — 2 buys; 12 sells in 365 daysOK
- Capital — dividends paid were $601.0M; share repurchases were $616.0MNote
Business
NASDAQ, INC.: Tape plans: U.S. cash equity and U.S. options industry data UTP: Unlisted Trading Privileges UTP Plan: Joint SRO Plan Governing the Collection, Consolidation, and Dissemination of Quotation and Transaction Information for Nasdaq-Listed Securities Traded on Exchanges on a UTP Basis NASDAQ, the NASDAQ logos, and other brand, service or product names or marks referred to in this report are trademarks or service marks, registered or otherwise, of Nasdaq, Inc. and/or its subsidiaries.
Where the revenue comes from
Fiscal 2025, as NASDAQ, INC. reports it. History and quarterly detail are in the app.
- Market Services$4.2B
- Capital Access Platforms$2.1B
- Financial Technology$1.9B
Leadership changes
From NASDAQ, INC.'s own filings, the day they're filed.
- Ann M. Dennison · Chief Financial Officer · departureeff. 2023-08-29
- Qualifying Termination · departure
- Protection Period · departure
Latest filings
- 10-Q · Quarterly report2026-07-23
- 8-K · Company announcement2026-07-23
- 8-K · Company announcement2026-07-01
- 8-K · Company announcement2026-06-16
- 10-Q · Quarterly report2026-04-24
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about NASDAQ, INC., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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