Nasdaq, Inc.
Close on Nov 2, 2026Market cap $60.72BP/E 31.7Yield 0.97%
Nasdaq Compensation & Benefits (Largest OpEx Item) by Year
Compensation & Benefits (Largest OpEx Item) ($M)
Nasdaq Compensation & Benefits (Largest OpEx Item): $1,392M in FY2025, up 5.1% from a year earlier.
Where the FY2025 figure comes from
Source: Form 10-K (period 2025-12-31, filed 2026-02-12) ↗
Full breakdown of the 10 GAAP operating expense line items in the 10-Q/10-K income statements (Q4 derived from full-year 10-K minus 9-month 10-Q).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Compensation & Benefits (Largest OpEx Item) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 1,392 | +5.1% | Form 10-K (period 2025-12-31, filed 2026-02-12) ↗ |
| FY2024 | Dec 31, 2024 | 1,324 | +22.4% | Form 10-K (period 2025-12-31, filed 2026-02-12) ↗ |
| FY2023 | Dec 31, 2023 | 1,082 | +7.9% | Form 10-K (period 2025-12-31, filed 2026-02-12) ↗ |
| FY2022 | Dec 31, 2022 | 1,003 | – | Form 10-K (period 2024-12-31, filed 2025-02-21) ↗ |
Breakdown
What makes up compensation & Benefits (Largest OpEx Item)
- Depreciation & Amortization632 · FY2025
- Computer Operations & Data Communications316 · FY2025
- Professional & Contract Services160 · FY2025
- Occupancy124 · FY2025
- Restructuring Charges42 · FY2025
- Marketing & Advertising65 · FY2025
- Regulatory52 · FY2025
- Merger & Strategic Initiatives60 · FY2025
- General, Administrative & Other75 · FY2025
Cite this data
StockData. (2026). Nasdaq Compensation & Benefits (Largest OpEx Item) ($M), annual FY2022–FY2025 [Data set]. Compiled from Nasdaq SEC filings and investor materials. https://stockdatahq.com/stocks/ndaq/kpis/opex-comp-benefits
See every metric in the Nasdaq KPI table. Data updated Nov 2, 2026.