Nasdaq Q3 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
- Jul 1 – Sep 30, 2026
- Reported
- Oct 22, 2026
Revenue$2.39B
+22% year over year
Gross profit$1.48B
62% margin
Operating profit$0.73B
31% margin
Net profit$0.54B
23% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.39 | 100% | +22% |
| Market services | 1.22 | 51% | |
| Capital access platforms | 0.64 | 27% | |
| Financial technology | 0.53 | 22% | |
| Cost of revenue | −0.91 | 38% | |
| Gross profit | 1.48 | 62% margin | −5pp |
| G&A | −<0.01 | 0% | −1pp |
| Other | −0.75 | 31% | |
| Operating profit | 0.73 | 31% margin | +1pp |
| Interest & other costs | −0.03 | ||
| Tax | −0.16 | ||
| Net profit | 0.54 | 23% margin | +1pp |
6 of 418 companies, most recently reported first
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