Nasdaq, Inc. (NDAQ) FY2024 Q3 P&L / Income Statement

Income StatementCash FlowBalance Sheet

Revenue by Business Segment

2024-07-01 to 2024-09-30

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Nasdaq, Inc. (NDAQ) FY2024 Q3 P&L / Income StatementIncome statement for 2024-07-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETMarket ServicesCapital Access PlatformsFinancial TechnologyFinancial TechnologyTotal revenuesRevenue before reconciliation (calculated)Components above reported revenue (calculated)Revenues less transaction-based expensesTransaction-based expensesOperating incomeTotal operating expensesCompensation and benefitsDepreciation and amortizationTechnology and communication infrastructureProfessional and contract servicesOccupancyRestructuring chargesMarketing and advertisingMerger and strategic initiativesRegulatoryGeneral, administrative and otherIncome before income taxesOther income (expense), net (calculated)Net incomeIncome tax provisionRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$2.30 BRevenues less transaction-based expensesRevenues lesstransaction-basedexpenses$1.15 BTotal revenuesTotal revenues$1.90 BOperating incomeOperating income$448.00 MIncome before income taxesPretax income$356.00 MNet incomeNet income$305.00 MMarket ServicesMarket Services$1.02 BTotal operating expensesTotal operatingexpenses$698.00 MIncome tax provisionIncome taxes$51.00 MCompensation and benefitsCompensation and benefits$332.00 MOther income (expense), net (calculated)Other income,net (calculated)−$92.00 MCapital Access PlatformsCapital AccessPlatforms$501.00 MTransaction-based expensesTransaction-basedexpenses$756.00 MDepreciation and amortizationDepreciation and amortization$153.00 MFinancial TechnologyFinancial Technology$405.00 MTechnology and communication infrastructureTechnology andcommunication infrastructure$71.00 MFinancial TechnologyFinancial Technology$371.00 MProfessional and contract servicesProfessional and contract services$36.00 MComponents above reported revenue (calculated)Components abovereported revenue(calculated)−$397.00 MOccupancyOccupancy$28.00 MRestructuring chargesRestructuring charges$22.00 MMarketing and advertisingMarketing and advertising$11.00 MMerger and strategic initiativesMerger and strategic initiatives$10.00 MRegulatoryRegulatory$9.00 MGeneral, administrative and otherGeneral, administrative and other$26.00 M
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Nasdaq, Inc. (NDAQ) FY2024 Q3 P&L / Income Statement

Income statement for 2024-07-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
1,902,000,000 US dollars
Transaction-based expenses
756,000,000 US dollars
Revenues less transaction-based expenses
1,146,000,000 US dollars
Total operating expenses
698,000,000 US dollars
Operating income
448,000,000 US dollars
Other income (expense), net (calculated)
negative 92,000,000 US dollars
Income before income taxes
356,000,000 US dollars
Income tax provision
51,000,000 US dollars
Net income
305,000,000 US dollars
Capital Access Platforms
501,000,000 US dollars
Financial Technology
405,000,000 US dollars
Market Services
1,022,000,000 US dollars
Financial Technology
371,000,000 US dollars
Compensation and benefits
332,000,000 US dollars
Professional and contract services
36,000,000 US dollars
Technology and communication infrastructure
71,000,000 US dollars
Occupancy
28,000,000 US dollars
General, administrative and other
26,000,000 US dollars
Marketing and advertising
11,000,000 US dollars
Depreciation and amortization
153,000,000 US dollars
Regulatory
9,000,000 US dollars
Merger and strategic initiatives
10,000,000 US dollars
Restructuring charges
22,000,000 US dollars
Revenue before reconciliation (calculated)
2,299,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Components above reported revenue (calculated)
negative 397,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.

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  • 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.: $306.00 M; to noncontrolling interests: −$1.00 M.
Nasdaq, Inc. (NDAQ) FY2024 Q3 P&L / Income Statement Sankey chart
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Gross margin

60.3%

Gross profit / revenue

Operating margin

23.6%

Operating profit / revenue

Cash conversion

80.0%

Operating cash / net income, same period

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