Nasdaq revenue and financials
$92.86Change from previous close: +0.73%Absolute change: +$0.67
In the fiscal year ended December 2025, Nasdaq reported revenue of $8.26B (+11.65% year over year). Net income was $1.79B, a net margin of 21.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +11.65%
- 2025 vs 2024
- Net income growth
- +60.07%
- 2025 vs 2024
- Net margin
- 21.6%
- 2024: 15.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 31,053 | 30,395 | 32,294 | 20,868 | 20,115 | 17,979 | 13,924 | 15,700 | 15,786 | 13,411 |
| Current assets | 8,003 | 7,786 | 9,096 | 8,604 | 7,423 | 7,660 | 4,290 | 6,370 | 5,529 | 4,560 |
| Cash and equivalents | 604 | 592 | 453 | 502 | 393 | 2,745 | 332 | 545 | 377 | 403 |
| Short-term investments | 2,750 | 1,465 | 188 | 181 | — | — | — | — | — | — |
| Receivables | 943 | 1,022 | 929 | 677 | 588 | — | — | — | — | — |
| Net property, plant and equipment | 1,175 | 968 | 978 | 976 | 875 | — | — | — | — | — |
| Goodwill | 14,371 | 13,957 | 14,112 | 8,099 | 8,433 | 6,850 | 6,366 | 6,363 | 6,586 | 6,027 |
| Other intangible assets | 6,511 | 6,905 | 7,443 | 2,581 | 2,813 | — | — | — | — | — |
| Long-term investments | 687 | 538 | 467 | 476 | 430 | — | — | — | — | — |
| Current liabilities | 7,961 | 7,902 | 9,025 | 8,835 | 7,872 | 4,924 | 4,227 | 6,570 | 5,262 | 4,082 |
| Accounts payable | 280 | 269 | 332 | 185 | 185 | — | — | — | — | — |
| Long-term debt | 8,573 | 9,081 | 10,163 | 4,735 | 4,812 | 4,944 | 2,996 | 2,956 | 3,129 | 3,603 |
| Total debt | 9,466 | 9,868 | 10,871 | 5,851 | — | — | — | — | — | — |
| Total liabilities | 18,821 | 19,195 | 21,467 | 14,704 | 13,710 | 11,543 | 8,285 | 10,251 | 9,899 | 8,720 |
| Total equity (incl. minority) | 12,232 | 11,200 | 10,827 | 6,164 | 6,405 | — | — | — | — | — |
| Retained earnings | 9,588 | 8,401 | 7,825 | 7,207 | 6,465 | — | — | — | — | — |
| Minority interest | 5.0 | 9.0 | 11.0 | 13.0 | 10.0 | — | — | — | — | — |