NDAQ Nasdaq, Inc.

company

SEC Filings & Insider Trading Activity 2026

Risk Factors

• • Risk of increased regulatory compliance costs and litigation from cybersecurity and data privacy laws with growing complexity and enforcement globally
• • Exposure to geopolitical cyberattacks and operational disruptions due to global footprint in adversary nation-states and unreliable law enforcement regions
• • Dependence on third-party cloud infrastructure and technology upgrades risks system failures impacting Nasdaq’s exchanges and trading volumes
• • Intense competition from other exchanges and technology firms pursuing tokenized securities trading, extended trading hours, and AI-enabled platforms
• • Clearinghouse counterparty risk from defaults on cleared contracts despite margin requirements, with potential significant financial and reputational impact

Business Overview

• • Core business model: Technology platform providing market infrastructure, data, analytics, and trading services across capital access, financial technology, and market services segments
• • New emphasis on sustainability: Added carbon removal marketplace Puro.earth, enhancing sustainability-focused technologies and workflow solutions
• • Strategic shift: Sold Solovis portfolio monitoring platform in October 2025, consolidating focus on core investment analytics and compliance services
• • Quantitative highlight: 5,599 total companies listed globally as of Dec 31, 2025, with 784 new U.S. listings including 155 operating company IPOs and $1,241B equity market cap switched to Nasdaq
• • Noteworthy 2025 event: Began wind down of Nordic power futures and commodities trading services, with migration completed in June 2025 and exit expected in H2 2026

Management Discussion & Analysis

• • Revenue $8,262M in 2025, up 11.6% YoY from $7,400M in 2024, driven by growth in all geographies (US $5,947M, other countries $2,315M)
• • Restructuring charges $42M in 2025 vs $116M in 2024; $160M net expense synergies achieved through 2025 from Adenza restructuring
• • Best performing segment not explicitly stated; Financial Technology had $32M prior-year revenue reduction excluded from segment results
• • Property and equipment investments increased to $728M in 2025 from $593M in 2024; no specific buybacks or dividends disclosed
• • Management plans to wind down commodities clearing and trading services in H2 2026; expects additional consideration and regulatory capital release

What are the latest NDAQ SEC filings in 2026?

Nasdaq, Inc. (NDAQ) has filed a 10-K annual report on February 12, 2026, a 10-Q quarterly report on April 24, 2026, an 8-K current report on July 23, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did NDAQ file its most recent 10-K annual report?

Nasdaq, Inc. (NDAQ) filed its most recent 10-K annual report on February 12, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view NDAQ 10-Q quarterly reports?

Nasdaq, Inc. (NDAQ)'s most recent 10-Q quarterly report was filed on April 24, 2026. SignalX displays every NDAQ 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has NDAQ filed recently?

Nasdaq, Inc. (NDAQ)'s most recent 8-K was filed on July 23, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find NDAQ insider trading activity (Form 4)?

SignalX aggregates every NDAQ Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does NDAQ file with the SEC?

Nasdaq, Inc. (NDAQ) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new NDAQ filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Nasdaq, Inc. (NDAQ).

What is NDAQ's SEC CIK number?

Nasdaq, Inc. (NDAQ)'s SEC CIK (Central Index Key) number is 1120193. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1120193 to look up all NDAQ filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find NDAQ return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Nasdaq, Inc. (NDAQ) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.