ND
NDAQ
Quarter ended Jun 30, 2025 · FY2025 Q2

Nasdaq (NDAQ) Revenue — Quarter Ended Jun 30, 2025

Revenue for the quarter was essentially unchanged from the prior quarter but significantly higher than the same quarter last year. The slight sequential decline contrasts with the strong year-over-year growth.

Key takeaway

Quarter ended Jun 30, 2025 · FY2025 Q2

Revenue for the quarter was essentially unchanged from the prior quarter but significantly higher than the same quarter last year. The slight sequential decline contrasts with the strong year-over-year growth.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$2.1B

Revenue reported for this quarter.

Quarter-over-quarter

-0.3%

Change from the immediately preceding quarter.

Year-over-year

+16.6%

Change from the comparable year-ago quarter.

Trailing four quarters

$8.1B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Sep 30, 2024$1.9B+31.1%
Dec 31, 2024$2B+23.3%
Mar 31, 2025$2.1B+25.2%
Jun 30, 2025$2.1B+16.6%

Revenue performance

Revenue remained nearly flat compared to the immediately preceding quarter, reflecting a marginal decrease.

Quarterly comparison

Compared to the same quarter one year earlier, revenue showed a substantial increase. The trailing twelve-month revenue also reflects the upward trend.

What to watch

The company's own risk factors highlight potential revenue deterioration as a concern, making the flat sequential performance an area to monitor.