Nasdaq, Inc. (NDAQ) FY2026 Q2 P&L / Income Statement

Nasdaq, Inc. (NDAQ) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

2,532,000,000 US dollars

Transaction-based expenses

1,032,000,000 US dollars

Revenues less transaction-based expenses

1,500,000,000 US dollars

Total operating expenses

788,000,000 US dollars

Operating income

712,000,000 US dollars

Other income (expense), net (calculated)

negative 59,000,000 US dollars

Income before income taxes

653,000,000 US dollars

Income tax provision

146,000,000 US dollars

Net income

507,000,000 US dollars

Capital Access Platforms

621,000,000 US dollars

Financial Technology

539,000,000 US dollars

Market Services

1,372,000,000 US dollars

Compensation and benefits

383,000,000 US dollars

Professional and contract services

42,000,000 US dollars

Technology and communication infrastructure

88,000,000 US dollars

Occupancy

35,000,000 US dollars

General, administrative and other

23,000,000 US dollars

Marketing and advertising

24,000,000 US dollars

Depreciation and amortization

165,000,000 US dollars

Regulatory

9,000,000 US dollars

Merger and strategic initiatives

5,000,000 US dollars

Restructuring charges

14,000,000 US dollars

Capital Access Platforms costs (calculated)

227,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Financial Technology costs (calculated)

289,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Market Services costs (calculated)

1,154,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Reconciling items (calculated)

150,000,000 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.