NASDAQ, INC.
Close on Oct 19, 2026
- Market cap
- $52.91B
- P/E (TTM)
- 27.2
- Dividend yield
- 1.13%
About Nasdaq
Security & Commodity Brokers, Dealers, Exchanges & Services, SIC 6200
Nasdaq, Inc. operates as a financial technology and exchange services provider organized into three primary operating segments: Capital Access Platforms, Financial Technology, and Market Services. Through its Capital Access Platforms division, the company provides listing services, data products, index solutions, and workflow insight tools to corporate issuers and institutional participants. The Financial Technology segment supplies specialized software and infrastructure, encompassing capital markets technology, regulatory solutions, trade management services, and financial crime management technology. The Market Services segment provides trading, execution, and clearing services across cash equities, derivatives, fixed income instruments, and commodities.
Geographically, the enterprise conducts operations and generates revenue across the United States, Europe, Australia, and Canada, while also operating clearing operations that include Nordic clearing facilities. The organization maintains its principal executive headquarters in New York, New York.
Summary of the business section of Nasdaq's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NASDAQ, INC.
- Founded
- 1971
- Headquarters
- New York, NY
- Address
- 151 W. 42nd Street 10036
- Phone
- 1 212 401 8700
- Website
- business.nasdaq.com
- Employees
- 9,525, Dec 31, 2025
- Industry
- Security & Commodity Brokers, Dealers, Exchanges & Services
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, New York, New York
Stock & identifiers
- Ticker
- NDAQ
- Exchange
- Nasdaq
- IPO date
- Jul 1, 2002
- Shares outstanding
- 559M, Jul 16, 2026
- Public float
- $40.60B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-1, Aug 29, 2022; 3-for-1, Aug 26, 2022
- SEC CIK
- 1120193
- CUSIP
- 631103108
- ISIN
- US6311031081
- LEI
- 549300L8X1Q78ERXFD06
- EIN
- 52-1165937
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Adena T. Friedman | Chair and CEO, Director | 2,130,866 |
| Jeremy Skule | EVP, CSO | 100,073 |
| PC Nelson Griggs | Pres. Capital Access Platforms | 201,775 |
| Bradley J. Peterson | EVP, CIO | 122,293 |
| Bryan Everard Smith | EVP, CPO | 67,647 |
| Cohen Tal | Pres. Market Platforms | 215,208 |
| Michelle Lynn Daly | SVP, Controller & PAO | 10,089 |
| John Zecca | EVP, Global CLO | 153,334 |
| Sarah Youngwood | EVP & CFO | 74,558 |
| Johan Torgeby | Director | 43,495 |
| Paul Holden Spaht Jr. | Director | 13,399 |
| Kathryn A. Koch | Director | 10,743 |
| Alfred W. Zollar | Director | 58,281 |
| Charlene T. Begley | Director | 48,999 |
| Jeffery W. Yabuki | Director | 23,019 |
| Michael R. Splinter | Director | 233,213 |
| Essa Kazim | Director | 146,917 |
| Thomas A. Kloet | Director | 105,268 |
| Melissa Arnoldi | Director | 55,515 |
| Toni Townes-Whitley | Director | 23,469 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Adena T. Friedman | $25.01M | $59.05M | $10.45M | $235 | $197 |
| FY2024 Adena T. Friedman | $21.52M | $51.07M | $5.90M | $185 | $179 |
| FY2023 Adena T. Friedman | $18.50M | $9.82M | $6.46M | $137 | $139 |
| FY2022 Adena T. Friedman | $28.05M | $25.89M | $6.39M | $142 | $121 |
| FY2021 Adena T. Friedman | $19.97M | $69.02M | $3.41M | $160 | $136 |
| FY2020 Adena T. Friedman | $15.81M | $31.96M | $3.97M | $126 | $111 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“consolidated subsidiaries, increased to 9,525 employees as of”
Corporate history
Events identified from SEC filings