# Nasdaq, Inc. (NDAQ) FY2025 Q1 P&L / Income Statement

- Company: Nasdaq, Inc. (NDAQ)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-04-28, accession number 0001120193-25-000012
- Page: https://plicit.ai/financials/ndaq/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/ndaq-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Geography

Income statement for 2025-01-01 through 2025-03-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 2,090,000,000 US dollars
- **Transaction-based expenses**: 853,000,000 US dollars
- **Revenues less transaction-based expenses**: 1,237,000,000 US dollars
- **Total operating expenses**: 690,000,000 US dollars
- **Operating income**: 547,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 59,000,000 US dollars
- **Income before income taxes**: 488,000,000 US dollars
- **Income tax provision**: 93,000,000 US dollars
- **Net income**: 395,000,000 US dollars
- **UNITED STATES**: 1,700,000,000 US dollars
- **All other countries**: 390,000,000 US dollars
- **Compensation and benefits**: 329,000,000 US dollars
- **Professional and contract services**: 36,000,000 US dollars
- **Technology and communication infrastructure**: 77,000,000 US dollars
- **Occupancy**: 28,000,000 US dollars
- **General, administrative and other**: 6,000,000 US dollars
- **Marketing and advertising**: 14,000,000 US dollars
- **Depreciation and amortization**: 156,000,000 US dollars
- **Regulatory**: 15,000,000 US dollars
- **Merger and strategic initiatives**: 24,000,000 US dollars
- **Restructuring charges**: 5,000,000 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.