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Dec 31, 2021

Nasdaq Q4 2021 Earnings Report

Nasdaq's Q4 2021 performance demonstrated growth across all segments, driven by technology and strategic expansions.

Key Takeaways

Nasdaq reported a 12% increase in net revenues for Q4 2021, reaching $885 million. Solutions segments revenues increased by 19%, which includes a 12% organic growth and a 7% contribution from the acquisition of Verafin. GAAP diluted EPS increased by 14% to $1.53, and non-GAAP diluted EPS increased by 21% to $1.93.

Net revenues increased by 12% compared to Q4 2020, reaching $885 million.

Solutions segments revenues grew by 19%, including 12% organic growth and 7% from Verafin acquisition.

GAAP diluted earnings per share increased by 14% to $1.53.

Non-GAAP diluted earnings per share increased by 21% to $1.93.

Total Revenue
$885M
Previous year: $788M
+12.3%
EPS
$0.64
Previous year: $0.53
+20.8%
IPOs Nasdaq Stock Market
195
Previous year: 142
+37.3%
IPOs Nasdaq Nordic Baltic
63
New Listings Nasdaq Stock Market
266
Previous year: 199
+33.7%
Gross Profit
$648M
Previous year: $583M
+11.1%
Cash and Equivalents
$393M
Previous year: $2.75B
-85.7%
Free Cash Flow
$334M
Previous year: $375M
-10.9%
Total Assets
$20.1B
Previous year: $18B
+11.9%

Nasdaq

Nasdaq

Nasdaq Revenue by Segment

Forward Guidance

Nasdaq initiated its 2022 non-GAAP operating expense guidance to a range of $1,680 to $1,760 million. Nasdaq expects its 2022 non-GAAP tax rate to be in the range of 24.0% to 26.0%.