Nasdaq, Inc.
Close on Nov 2, 2026Market cap $60.72BP/E 31.7Yield 0.97%
Nasdaq Market Services Net Revenues by Quarter
Market Services Net Revenues (Less Rebates & Brokerage/Section 31 Fees) ($M)
Nasdaq Market Services Net Revenues: $309M in Q3 2026, up 2.0% from a year earlier.
Where the Q3 2026 figure comes from
Source: Form 8-K Earnings Release Ex-99.1 (filed 2026-10-22) ↗
Breakdown of gross → liquidity provider rebates & SEC Section 31 fees → net for each trading segment (Q4 derived from full-year 10-K minus 9-month 10-Q).
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
Breakdown
What makes up market Services Net Revenues
- Total Market Services Gross Revenues1,221 · Q3 2026
- Transaction Rebates-623 · Q3 2026
- Brokerage, Clearance & Section 31-289 · Q3 2026
- Cash Equity Trading Net144 · Q3 2026
- U.S. Equity Derivative Trading Net110 · Q3 2026
- U.S. Tape Plans33 · Q3 2026
- European Derivatives, Fixed Income & Other Exchange Services Net Revenue22 · Q3 2026
Cite this data
StockData. (2026). Nasdaq Market Services Net Revenues ($M), quarterly Q4 2022–Q3 2026 [Data set]. Compiled from Nasdaq SEC filings and investor materials. https://stockdatahq.com/stocks/ndaq/kpis/rev-mkt-services-net-q
See every metric in the Nasdaq KPI table. Data updated Nov 2, 2026.