FilingsTodayNasdaq
At a glance
Nasdaq reported 2025 revenue of $8.26B, up 11.6% from $7.4B in 2024. Over 4 years since 2021 ($5.89B), that is growth of about 8.8% a year. Operating margin was 28.2%, up from 24.5% in 2021. 2025 was the highest revenue year in this period.
In the last 12 months 10 insiders reported 3 open-market purchases ($21.7M) and 30 sales ($88.9M). 17 of the sales were made under pre-arranged 10b5-1 plans. The largest was a sale of $29.1M by Chair and CEO Adena T Friedman on Feb 3, 2026. Net, insiders were sellers of $67.2M.
Nasdaq filed 10 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), other events (2), officer or director change (1) and material agreement (1). The latest officer or director change was reported on Oct 26, 2026. It reported a material agreement or a completed acquisition or disposal 1 time.
2 of the 20 investors tracked here held Nasdaq at the last quarter end, worth $62.5M combined. It is the largest weight for National Pension Service (Korea) (0% of its portfolio), followed by Bridgewater Associates (0%). New this quarter: Bridgewater Associates. Added: National Pension Service (Korea).
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | $1.19B | $1.13B | $1.06B | $1.12B | $1.79B |
| Diluted EPS | $2.35 | $2.26 | $2.08 | $1.93 | $3.09 |
| Dividend per share | $0.70 | $0.78 | $0.86 | $0.94 | $1.05 |
Fiscal year ends Dec 31 · incorporated in DE
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Source: SEC EDGAR. How figures are combined