# Nasdaq, Inc. (NDAQ) FY2024 Annual P&L / Income Statement

- Company: Nasdaq, Inc. (NDAQ)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-21, accession number 0001120193-25-000008
- Page: https://plicit.ai/financials/ndaq/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/ndaq-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2024-01-01 through 2024-12-31. View: Business segment (Business Segments (Schedule of Operating Segments)). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 7,400,000,000 US dollars
- **Transaction-based expenses**: 2,751,000,000 US dollars
- **Revenues less transaction-based expenses**: 4,649,000,000 US dollars
- **Total operating expenses**: 2,851,000,000 US dollars
- **Operating income**: 1,798,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 349,000,000 US dollars
- **Income before income taxes**: 1,449,000,000 US dollars
- **Income tax provision**: 334,000,000 US dollars
- **Net income**: 1,115,000,000 US dollars
- **Capital Access Platforms**: 1,972,000,000 US dollars
- **Financial Technology**: 1,655,000,000 US dollars
- **Market Services**: 3,771,000,000 US dollars
- **Compensation and benefits**: 1,324,000,000 US dollars
- **Professional and contract services**: 152,000,000 US dollars
- **Technology and communication infrastructure**: 281,000,000 US dollars
- **Occupancy**: 112,000,000 US dollars
- **General, administrative and other**: 109,000,000 US dollars
- **Marketing and advertising**: 54,000,000 US dollars
- **Depreciation and amortization**: 613,000,000 US dollars
- **Regulatory**: 55,000,000 US dollars
- **Merger and strategic initiatives**: 35,000,000 US dollars
- **Restructuring charges**: 116,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 7,398,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate**: 2,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Capital Access Platforms costs (calculated)**: 838,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Financial Technology costs (calculated)**: 885,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Market Services costs (calculated)**: 3,174,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 705,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to Nasdaq, Inc.: $1.12 B; to noncontrolling interests: −$2.00 M.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/ndaq/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/ndaq-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 7,400,000,000 US dollars
- **Transaction-based expenses**: 2,751,000,000 US dollars
- **Revenues less transaction-based expenses**: 4,649,000,000 US dollars
- **Total operating expenses**: 2,851,000,000 US dollars
- **Operating income**: 1,798,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 349,000,000 US dollars
- **Income before income taxes**: 1,449,000,000 US dollars
- **Income tax provision**: 334,000,000 US dollars
- **Net income**: 1,115,000,000 US dollars
- **UNITED STATES**: 5,817,000,000 US dollars
- **All other countries**: 1,583,000,000 US dollars
- **Compensation and benefits**: 1,324,000,000 US dollars
- **Professional and contract services**: 152,000,000 US dollars
- **Technology and communication infrastructure**: 281,000,000 US dollars
- **Occupancy**: 112,000,000 US dollars
- **General, administrative and other**: 109,000,000 US dollars
- **Marketing and advertising**: 54,000,000 US dollars
- **Depreciation and amortization**: 613,000,000 US dollars
- **Regulatory**: 55,000,000 US dollars
- **Merger and strategic initiatives**: 35,000,000 US dollars
- **Restructuring charges**: 116,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Nasdaq, Inc.: $1.12 B; to noncontrolling interests: −$2.00 M.

## Chart details: Revenue by Business Segment (2)

- Page: https://plicit.ai/financials/ndaq/fy2024-annual-income-statement/revenue-by-business-segment-2
- Chart image: https://plicit.ai/charts/ndaq-fy2024-annual-revenue-by-business-segment-2-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 7,400,000,000 US dollars
- **Transaction-based expenses**: 2,751,000,000 US dollars
- **Revenues less transaction-based expenses**: 4,649,000,000 US dollars
- **Total operating expenses**: 2,851,000,000 US dollars
- **Operating income**: 1,798,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 349,000,000 US dollars
- **Income before income taxes**: 1,449,000,000 US dollars
- **Income tax provision**: 334,000,000 US dollars
- **Net income**: 1,115,000,000 US dollars
- **Capital Access Platforms**: 1,972,000,000 US dollars
- **Financial Technology**: 1,621,000,000 US dollars
- **Market Services**: 3,771,000,000 US dollars
- **Compensation and benefits**: 1,324,000,000 US dollars
- **Professional and contract services**: 152,000,000 US dollars
- **Technology and communication infrastructure**: 281,000,000 US dollars
- **Occupancy**: 112,000,000 US dollars
- **General, administrative and other**: 109,000,000 US dollars
- **Marketing and advertising**: 54,000,000 US dollars
- **Depreciation and amortization**: 613,000,000 US dollars
- **Regulatory**: 55,000,000 US dollars
- **Merger and strategic initiatives**: 35,000,000 US dollars
- **Restructuring charges**: 116,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 7,364,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Other revenues**: 36,000,000 US dollars. Reported reconciliation to consolidated revenue.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to Nasdaq, Inc.: $1.12 B; to noncontrolling interests: −$2.00 M.
