NASDAQ, INC.
For the period ended Dec 31, 2025. Filed Feb 12, 2026.
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FY2025 · Filed Feb 12, 2026
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Item 2. Properties
We conduct our business operations in leased facilities. We
do not own any real property. Our U.S. headquarters are
located in New York, New York, and our European
headquarters are located in Stockholm, Sweden. We also
lease space in multiple locations around the world, which are
used for research and development, sales and support, and
administrative activities, as well as for data centers and
disaster preparedness facilities.
Generally, our properties are not allocated for use by a
particular business segment. Instead, most of our properties
are used by two or more segments. We regularly monitor the
facilities we occupy to ensure that they suit our needs in a
hybrid work environment. We believe the facilities that we
occupy are adequate for the purposes for which they are
currently used and are well-maintained. See Note 16,
“Leases,” to the consolidated financial statements for further
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