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NASDAQ, INC.

For the period ended Dec 31, 2025. Filed Feb 12, 2026.

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About 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.

FY2025 · Filed Feb 12, 2026

NDAQ$108.50+1.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Item 16. Form 10-K Summary

None.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the

Securities Exchange Act of 1934, the registrant has duly

caused this report to be signed on its behalf by the

undersigned, thereunto duly authorized, on February 12,

Nasdaq, Inc.
(Registrant)
By:/s/ Adena T. Friedman
Name:Adena T. Friedman
Title:Chief Executive Officer
Date:February 12, 2026

Pursuant to the requirements of the Securities Exchange Act

of 1934, this report has been signed below by the following

persons on behalf of the registrant and in the capacities

indicated as of February 12, 2026.

By:/s/ Adena T. Friedman
Name:Adena T. Friedman
Title:Chief Executive Officer and Chair of the Board
By:/s/ Sarah Youngwood
Name:Sarah Youngwood
Title:Executive Vice President and Chief Financial Officer
By:/s/ Michelle Daly
Name:Michelle Daly
Title:Senior Vice President, Controller and Principal Accounting Officer
By:*
Name:Melissa M. Arnoldi
Title:Director
By:*
Name:Charlene T. Begley
Title:Director
By:*
Name:Essa Kazim
Title:Director
By:*
Name:Thomas A. Kloet
Title:Director
By:*
Name:Kathryn A. Koch
Title:Director
By:*
Name:Holden Spaht
Title:Director
By:*
Name:Michael R. Splinter
Title:Director
By:*
Name:Johan Torgeby
Title:Director
By:*
Name:Toni Townes-Whitley
Title:Director
By:*
Name:Jeffery W. Yabuki
Title:Director
By:*
Name:Alfred W. Zollar
Title:Director
* Pursuant to Power of Attorney
By:/s/ John A. Zecca
Name:John A. Zecca
Title:Attorney-in-Fact
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.