Nasdaq Inc. (NDAQ) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
Nasdaq Inc. (NDAQ) carries a Roarable Rating of C+ (Hold) with 67/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.
How NDAQ Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $8.26B | 63.5% | 28.2% | $1.79B | $1.99B | 9.1% |
| FY 2024 | $7.40B | 62.8% | 24.3% | $1.12B | $1.73B | 7.2% |
| FY 2023 | $6.06B | 44% | 26% | $1.06B | $1.42B | 6.4% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring NDAQ)
- ✓Live walkthrough of NDAQ's RQD Radar, SEC cash-conversion gap & downside levels
- ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
- ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
NDAQ Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +11.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on NDAQ today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for NDAQ. Explore sector supply chains on /butterfly.
NDAQ Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is Nasdaq Inc. (NDAQ)?
In FY 2025 (10-K), NDAQ converted $8.3B of revenue into a 63.5% gross margin, 28.2% operating margin, and $2.0B in free cash flow (24.1% FCF margin).