The table below shows NASDAQ, INC.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$8.26B
$7.40B
$6.06B
$6.23B
$5.89B
$5.63B
Cost of revenue
$3.01B
$2.75B
$2.17B
$2.64B
$2.47B
$2.72B
Gross profit
$5.25B
$4.65B
$3.90B
$3.58B
$3.42B
$2.90B
R&D
-
-
-
-
-
-
SG&A
NDAQ annual revenue (10-K history)
NASDAQ, INC. reported annual revenue of $8.26B for fiscal year 2025. That is up 11.6% from $7.40B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $3.70B (FY 2016) to $8.26B. Figures come from the company's audited annual reports as filed with the SEC.