Nasdaq Q2 FY26: where the revenue came from and where it went
The whole income statement of Nasdaq for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Jul 23, 2026
Revenue$2.53B
+21% year over year
Gross profit$1.50B
59% margin
Operating profit$0.71B
28% margin
Net profit$0.51B
20% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.53 | 100% | +21% |
| Market services | 1.37 | 54% | |
| Capital access platforms | 0.62 | 25% | |
| Financial technology | 0.54 | 21% | |
| Cost of revenue | −1.03 | 41% | |
| Gross profit | 1.50 | 59% margin | −3pp |
| G&A | −0.02 | 1% | +0pp |
| Other | −0.77 | 30% | |
| Operating profit | 0.71 | 28% margin | +1pp |
| Interest & other costs | −0.06 | ||
| Tax | −0.15 | ||
| Net profit | 0.51 | 20% margin | −1pp |
293 of 418 companies, most recently reported first
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