FN2 Earnings Intelligence
Nasdaq, Inc. cash flow (quarterly)
Nasdaq, Inc. (NDAQ) Cash Flow (quarterly) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 | 9/30/2026 est. | 12/30/2026 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $690 | $732 | $470 | $515 | $520 | - | - |
| + Debt | $9,326 | $9,178 | $9,098 | $8,957 | $8,761 | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $2,090 | $2,090 | $1,958 | $2,137 | $2,532 | $1,471.5 | $1,533.8 |
| % Growth | - | - | - | - | - | -24.8% | - |
| Gross Profit | $1,237 | $1,306 | $1,315 | $1,407 | $1,500 | - | - |
| % Margin | 59.2% | 62.5% | 67.2% | 65.8% | 59.2% | - | - |
| EBITDA | $703 | $726 | $744 | $822 | $877 | - | - |
| % Margin | 33.6% | 34.7% | 38.0% | 38.5% | 34.6% | - | - |
| Net Income | $395 | $452 | $423 | $519 | $507 | - | - |
| % Margin | 18.9% | 21.6% | 21.6% | 24.3% | 20.0% | - | - |
| Diluted EPS | $0.68 | $0.78 | $0.73 | $0.91 | $0.89 | $1.03 | $1.08 |
| % Growth | - | - | - | - | - | 40.5% | - |
| Operating Cash Flow | $663 | - | - | $689 | - | - | - |
| CapEx | $49 | - | - | $60 | - | - | - |
| Free Cash Flow | $614 | - | - | $629 | - | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 | 9/30/2026 est. | 12/30/2026 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $2,090 | $2,090 | $1,958 | $2,137 | $2,532 | $1,471.5 | $1,533.8 |
| Gross Profit | $1,237 | $1,306 | $1,315 | $1,407 | $1,500 | - | - |
| EBITDA | $703 | $726 | $744 | $822 | $877 | - | - |
| Net Income | $395 | $452 | $423 | $519 | $507 | - | - |
| Diluted EPS | $0.68 | $0.78 | $0.73 | $0.91 | $0.89 | $1.03 | $1.08 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $690 | $732 | $470 | $515 | $520 |
| Short-term Debt | $400 | $500 | $431 | $431 | $269 |
| Long-term Debt | $8,926 | $8,678 | $8,667 | $8,526 | $8,492 |
| Total Debt | $9,326 | $9,178 | $9,098 | $8,957 | $8,761 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | $663 | - | - | $689 | - |
| Capital Expenditure | $49 | - | - | $60 | - |
| Free Cash Flow | $614 | - | - | $629 | - |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Revenue Growth | - | - | - | - | - |
| Gross Margin | 59.2% | 62.5% | 67.2% | 65.8% | 59.2% |
| EBITDA Margin | 33.6% | 34.7% | 38.0% | 38.5% | 34.6% |
| Net Margin | 18.9% | 21.6% | 21.6% | 24.3% | 20.0% |
| FCF Margin | 29.4% | - | - | 29.4% | - |
| Diluted EPS Growth | - | - | - | - | - |