NASDAQ INC
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 21, 2025
NDAQ$110.02+1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(in millions, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenues: | |||
| Capital Access Platforms | $1,972 | $1,770 | $1,682 |
| Financial Technology | 1,621 | 1,099 | 864 |
| Market Services | 3,771 | 3,156 | 3,632 |
| Other revenues | 36 | 39 | 48 |
| Total revenues | 7,400 | 6,064 | 6,226 |
| Transaction-based expenses: | |||
| Transaction rebates | (2,026) | (1,838) | (2,092) |
| Brokerage, clearance and exchange fees | (725) | (331) | (552) |
| Revenues less transaction-based expenses | 4,649 | 3,895 | 3,582 |
| Operating expenses: | |||
| Compensation and benefits | 1,324 | 1,082 | 1,003 |
| Professional and contract services | 152 | 128 | 140 |
| Technology and communication infrastructure | 281 | 233 | 207 |
| Occupancy | 112 | 129 | 104 |
| General, administrative and other | 109 | 113 | 125 |
| Marketing and advertising | 54 | 47 | 51 |
| Depreciation and amortization | 613 | 323 | 258 |
| Regulatory | 55 | 34 | 33 |
| Merger and strategic initiatives | 35 | 148 | 82 |
| Restructuring charges | 116 | 80 | 15 |
| Total operating expenses | 2,851 | 2,317 | 2,018 |
| Operating income | 1,798 | 1,578 | 1,564 |
| Interest income | 28 | 115 | 7 |
| Interest expense | (414) | (284) | (129) |
| Other income (loss) | 21 | (1) | 2 |
| Net income (loss) from unconsolidated investees | 16 | (7) | 31 |
| Income before income taxes | 1,449 | 1,401 | 1,475 |
| Income tax provision | 334 | 344 | 352 |
| Net income | 1,115 | 1,057 | 1,123 |
| Net loss attributable to noncontrolling interests | 2 | 2 | 2 |
| Net income attributable to Nasdaq | $1,117 | $1,059 | $1,125 |
| Per share information: | |||
| Basic earnings per share | $1.94 | $2.10 | $2.28 |
| Diluted earnings per share | $1.93 | $2.08 | $2.26 |
| Cash dividends declared per common share | $0.94 | $0.86 | $0.78 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.