NASDAQ, INC.
For the period ended Mar 31, 2026. Filed Apr 24, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 24, 2026
NDAQ$108.50+1.3%Stored close · as of Nov 9, 2026
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Condensed Consolidated Balance Sheets
(in millions, except share and par value amounts)
| March 31, 2026 | December 31, 2025 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $515 | $604 |
| Restricted cash and cash equivalents | 49 | 210 |
| Default funds and margin deposits (including restricted cash and cash equivalents of $572 and $3,120, respectively) | 2,253 | 5,842 |
| Financial investments | 184 | 28 |
| Receivables, net | 985 | 943 |
| Other current assets | 388 | 376 |
| Total current assets | 4,374 | 8,003 |
| Property and equipment, net | 739 | 728 |
| Goodwill | 14,307 | 14,371 |
| Intangible assets, net | 6,376 | 6,511 |
| Operating lease assets | 485 | 447 |
| Other non-current assets | 1,020 | 993 |
| Total assets | $27,301 | $31,053 |
| Liabilities | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | $245 | $280 |
| Accrued personnel costs | 209 | 364 |
| Deferred revenue | 1,093 | 785 |
| Other current liabilities | 160 | 259 |
| Default funds and margin deposits | 2,253 | 5,842 |
| Short-term debt | 431 | 431 |
| Total current liabilities | 4,391 | 7,961 |
| Long-term debt | 8,526 | 8,573 |
| Deferred tax liabilities, net | 1,611 | 1,584 |
| Operating lease liabilities | 488 | 462 |
| Other non-current liabilities | 247 | 241 |
| Total liabilities | 15,263 | 18,821 |
| Commitments and contingencies | ||
| Equity | ||
| Nasdaq stockholders’ equity: | ||
| Common stock, $0.01 par value, 900,000,000 shares authorized, shares issued: 589,846,052 at March 31, 2026 and 594,620,320 at December 31, 2025; shares outstanding: 564,750,026 at March 31, 2026 and 569,894,024 at December 31, 2025 | 6 | 6 |
| Additional paid-in capital | 4,627 | 5,122 |
| Common stock in treasury, at cost: 25,096,026 shares at March 31, 2026 and 24,726,296 shares at December 31, 2025 | (747) | (716) |
| Accumulated other comprehensive loss | (1,807) | (1,773) |
| Retained earnings | 9,954 | 9,588 |
| Total Nasdaq stockholders’ equity | 12,033 | 12,227 |
| Noncontrolling interests | 5 | 5 |
| Total equity | 12,038 | 12,232 |
| Total liabilities and equity | $27,301 | $31,053 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.