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0:00 / 0:00I. Business Overview and Strategic Initiatives
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Nasdaq Transforms into Tech Powerhouse with 14% Fintech Growth and $1.3B Recurring Revenue

NDAQ10-KFiling Date: 2/12/2026
Nasdaq, Inc.
Description

What this story covers

Nasdaq’s 2025 10-K highlights a strategic shift toward high-margin software, with Financial Technology ARR growing 14 percent. Despite 9 billion dollars in debt, robust cash flows and AI-driven innovations like 23-hour trading position the firm as a resilient global tech leader.

Story snapshot

CompanyNasdaq, Inc.
TickerNDAQ
VariantStandard detailed
Duration12:57
Filing type10-K
PeriodAnnual 2025
IndustryFinancial Services
Accession0001628280-26-007703
Sources1

Full Story Script

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Primary Sources

sec_filing10-KView on SEC.gov →

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