Welcome to our dedicated page for NASDAQ SEC filings (Ticker: NDAQ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Nasdaq, Inc. filings document governance, financial results, capital actions and registered securities for a public market-technology operator. Recent 8-K reports cover quarterly and annual results, Regulation FD presentation materials, dividend declarations, amendments to charter and bylaw provisions, and tender offers involving outstanding senior notes.
The company’s proxy materials describe board matters, shareholder voting items, executive compensation and equity awards. Cover-page disclosures identify Nasdaq common stock and listed senior notes, including securities registered on The Nasdaq Stock Market and related Nasdaq trading venues.
Nasdaq, Inc. (NDAQ) Q2-25 10-Q highlights (three months ended 6/30/25):
- Total revenue rose 16.6% YoY to $2.09 billion; revenue less transaction-based expenses up 12.7% to $1.31 billion.
- Operating income climbed 34% to $568 million; operating margin expanded to 43.5% (vs. 36.5%).
- Net income attributable to Nasdaq more than doubled to $452 million; diluted EPS $0.78 vs $0.38 (+105%).
- Segment growth: Market Services +23% ($1.09 B), Capital Access Platforms +10% ($0.53 B), Financial Technology +11% ($0.46 B).
- Cash flow from operations surged 42% to $1.41 B YTD; free cash used for $215 M in share buybacks and $293 M dividends ($0.27/share, +12.5% YoY).
- Balance sheet: Cash $732 M; total debt cut $302 M to $9.18 B after retiring $400 M 2025 notes and repurchasing $279 M of longer-dated issues. Equity rose to $11.8 B.
- Strategic actions: Completed transfer of Nordic power futures positions and sold Risk Modelling for Catastrophes unit, generating a $39 M pre-tax gain.
Outlook implications: Strong top-line momentum, margin expansion and de-leveraging support the investment case, while elevated rebates and sizeable goodwill remain watch-points.