Mission Statement, Vision, & Core Values of Nasdaq, Inc. (NDAQ)

The Mission Statement, Vision, and Core Values of Nasdaq, Inc. (NDAQ) are far more than just corporate boilerplate; they are the engine behind a financial powerhouse that reported a trailing twelve-month revenue of $8.170 Billion as of September 2025. You're looking at a company that just saw its Annual Recurring Revenue (ARR), a key measure of predictable subscription income, hit a $3 Billion milestone in Q3 2025, so its stated vision to 'reimagine the markets of tomorrow' is defintely working. Does that commitment to 'champion inclusive growth' truly drive the 15% net revenue jump the company saw in Q3 2025, and how does it impact your investment thesis?

Nasdaq, Inc. (NDAQ) Overview

If you're looking at Nasdaq, Inc. (NDAQ), the direct takeaway is this: it's no longer just a stock exchange, but a diversified financial technology powerhouse, with its recurring revenue Solutions business now driving growth. The company successfully executed a strategic shift, which is reflected in its latest financial reports, particularly the record-breaking quarterly Solutions revenue in 2025.

Nasdaq, an acronym for National Association of Securities Dealers Automated Quotations, was founded in 1971 as the world's first electronic stock market, fundamentally changing how securities trade. Headquartered in New York City, it operates a vast network of markets and provides critical technology and data services across the global financial system. Today, the company operates in three core segments: Market Services, Capital Access Platforms, and Financial Technology, with the latter two focusing on its high-growth, recurring-revenue software and data offerings.

The company's product portfolio extends far beyond stock trading, covering the entire capital markets lifecycle. This diversification is key to its resilience, moving its valuation closer to a software-as-a-service (SaaS) model. For the trailing twelve months ending September 30, 2025, the company's total revenue stood at approximately $8.17 billion.

• Founded in 1971, the first electronic exchange.
• Operates 29 markets across the U.S., Europe, and Canada.
• Products include trading, market data, and anti-financial crime software.

2025 Fiscal Year Financial Performance: Solutions Lead the Way

The third quarter of 2025, reported on October 21, 2025, shows a clear strategic win: the Solutions segment is now a billion-dollar quarterly business. Total net revenue for Q3 2025 was $1.315 billion, representing a 15% increase year-over-year. This growth isn't just from market volatility, but from the stickier, more predictable side of the business.

The true highlight was the Solutions revenue, which includes Financial Technology and Index businesses, surpassing $1 billion for the first time, reaching $1.003 billion in the quarter. This shift is defintely a positive indicator of long-term stability. Annual Recurring Revenue (ARR), a metric we analysts watch closely for future predictability, also crossed a major milestone, hitting $3.0 billion for the first time. Here's a quick look at the Q3 2025 segment revenue breakdown:

Non-GAAP diluted earnings per share (EPS) for the third quarter of 2025 also grew robustly, increasing 19% year-over-year to $0.88. For the full 2025 fiscal year, analysts project total revenue to reach approximately $5.274 billion. You can dig deeper into the balance sheet and cash flow dynamics in Breaking Down Nasdaq, Inc. (NDAQ) Financial Health: Key Insights for Investors.

Nasdaq: A Global Leader in Financial Technology and Exchanges

Nasdaq, Inc. is a leader not just as an exchange, but as a critical technology provider underpinning the global financial system. It is the second-largest stock exchange by market capitalization. Its technology is so foundational that it powers over 100 exchanges and market operators across 50 countries. That's a massive footprint.

The company's strategic acquisitions, like Verafin for anti-financial crime software and Adenza for capital markets and risk management solutions, have cemented its status as a financial technology leader. The growth in Financial Technology revenue to $457 million in Q3 2025 is proof this strategy is paying off. This business model diversification shields the company from the cyclical nature of pure trading volumes, giving it a more stable, recurring revenue base.

The focus is now on innovation, including a recent filing with the SEC to enable the trading of equity securities and exchange-traded products (ETPs) in tokenized form. This move shows they are not resting on their laurels; they are actively shaping the future of digital assets and market structure. This blend of traditional market operation and forward-looking technology is why Nasdaq is consistently successful.

Nasdaq, Inc. (NDAQ) Mission Statement

You're looking for the bedrock of Nasdaq, Inc.'s (NDAQ) strategy, and honestly, it's right there in their mission statement: they aim to be more than just an exchange. The core takeaway is that Nasdaq's mission, to champion inclusive growth and prosperity to power stronger economies, guides every decision, from technology investment to listing standards, ensuring their long-term goals align with global economic progress. This isn't just corporate fluff; it's a strategic roadmap for their diversified business model.

A mission statement for a company like Nasdaq, which operates at the nexus of technology and capital markets, is crucial. It's the lens through which we, as analysts, view their capital allocation and innovation pipeline. It dictates why they push for regulatory reform and how they commit to market integrity, which is defintely a non-negotiable for a financial infrastructure provider. If you want to dive deeper into the nuts and bolts of their balance sheet, you should check out Breaking Down Nasdaq, Inc. (NDAQ) Financial Health: Key Insights for Investors.

Championing Inclusive Growth and Prosperity

This component is about broadening access to capital and opportunity, moving beyond just the largest corporations. It's a clear action item for their Capital Access Platforms segment. For example, in the first half of 2025, Nasdaq welcomed 142 Initial Public Offerings (IPOs), raising a total of $19.2 billion in capital for companies across various sectors, demonstrating their role in facilitating growth for a diverse set of businesses.

The focus on inclusion also shows up in their listing win-rate, which stood at an impressive 86% of eligible U.S. listings in the first half of 2025, extending their market leadership for 46 consecutive quarters. This isn't just a number; it means more companies-and more diverse companies-are choosing Nasdaq to access public markets. Plus, they actively support companies with diverse leadership and boards, because a stronger market needs varied perspectives.

• Facilitate capital raising for all company sizes.
• Promote financial literacy across underserved communities.
• Support companies with diverse leadership.

Powering Stronger Economies Through Integrity

You can't power a stronger economy without trust, and for Nasdaq, that means maintaining market integrity (the fairness and orderliness of trading) and transparency. Their commitment here is tangible, not abstract. It's why they invest heavily in Financial Crime Management Technology, which saw its revenue grow by a significant 21% in the first quarter of 2025. This technology helps banks and regulators fight financial crime, which is a direct contribution to the stability of the global financial system.

Here's the quick math on their overall health: in Q3 2025, Nasdaq reported net revenue of $1.3 billion, a 15% increase year-over-year. This growth, especially in their Solutions segments (which includes technology and data), shows that the market is willing to pay a premium for their trusted, high-quality platforms. Their role is to be the trusted fabric of the financial system, and that Q3 performance suggests they are delivering on that promise.

Reimagining Markets Through Innovation and Quality

The third pillar is tied to their vision: 'reimagine the markets of tomorrow.' This is where their identity as a global technology company comes into play. They are constantly innovating to create more efficient and accessible markets, and you see this in their Annualized Recurring Revenue (ARR), a key metric for their technology business. Their ARR reached $3.0 billion in Q3 2025, marking a 10% increase, driven by their shift to a scalable, recurring revenue model.

This commitment to high-quality products and services is formally validated, too. Nasdaq was the first U.S. stock market to meet the ISO 9001 standards for quality management and assurance. This International Organization for Standardization certification covers everything from the design of new products to the implementation and servicing of their offerings. It means their processes-the ones that handle billions of dollars in daily transactions-are held to a globally recognized standard of excellence. Their Financial Technology revenue, a clear indicator of their innovation success, grew to $457 million in Q3 2025.

Nasdaq, Inc. (NDAQ) Vision Statement

You're looking for a clear map of where Nasdaq, Inc. (NDAQ) is headed, not just where it's been. The company's vision for 2025 is to be the trusted fabric of the global financial system, which translates into a clear mandate: deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. This isn't just a feel-good statement; it's a direct reflection of their strategic pivot toward a scalable, recurring, and profitable technology platform business.

The numbers back this up. For the twelve months ending September 30, 2025, Nasdaq, Inc. reported a Total Trailing Twelve Months (TTM) revenue of $8.170 billion, a 16.46% increase year-over-year, which is a defintely strong signal that their platform strategy is working.

Reimagining the Markets of Tomorrow

The core of Nasdaq, Inc.'s vision is to reimagine the markets of tomorrow, moving beyond being just a stock exchange. This means focusing heavily on their Solutions segment-data, analytics, and software-which is the engine for future growth. In the third quarter of 2025, their Solutions revenue exceeded $1.00 billion, a major milestone that shows the shift is in full swing.

Their vision is built on three pillars that directly impact you, the investor or business strategist:

• Liquidity: Creating platforms that make it easier and faster to trade, like their partnership with Amazon Web Services (AWS) to launch cloud-based trading platforms.
• Transparency: Offering market data and analytics that help everyone see the true price of risk, a service that drives their Index revenue, which grew 13% year-over-year in Q3 2025.
• Integrity: Providing financial crime management technology, a critical service for banks and brokers, with Financial Crime Management Technology revenue up 21% in Q1 2025.

This is a technology company wearing an exchange's hat. Their Annualized Recurring Revenue (ARR) hit $3.00 billion in Q3 2025, showing the predictable, high-margin nature of this platform business.

Championing Inclusive Growth and Prosperity

The mission statement is a commitment to champion inclusive growth and prosperity to power stronger economies. Honestly, this is how they justify their market role-by providing access to capital for a diverse range of companies. You see this in the sheer volume of listings; the Nasdaq Stock Market had over 3,890 listings as of February 2025.

Here's the quick math on why this mission matters to shareholders: a broader base of listed companies means more transaction volume and more data to sell. This mission directly supports their TTM Net Income, which soared to $1.625 billion ending September 30, 2025, a massive 69.62% increase year-over-year.

They are focusing on advancing opportunities, which includes educational resources and advocating for policies that foster entrepreneurship. You can dig deeper into the investor landscape and who is buying into this mission by Exploring Nasdaq, Inc. (NDAQ) Investor Profile: Who's Buying and Why?

Core Values: Integrity, Innovation, and Client Focus

While Nasdaq, Inc. doesn't always publish a rigid list of core values, their public actions and financial reporting clearly point to three dominant principles: Integrity, Innovation, and Client Focus. These values aren't abstract; they are the operational guardrails that allow them to manage risk and grow revenue.

• Integrity: This is non-negotiable for a market operator. It's reflected in their commitment to regulatory compliance and market surveillance technology. They are the trusted fabric of the financial system.
• Innovation: This is their competitive edge. The move to cloud infrastructure and the integration of Artificial Intelligence (AI) into their risk management platforms are clear examples. They are constantly investing; their 2025 adjusted operating expense guidance is between $2.305 billion and $2.335 billion, which includes significant investment in technology.
• Client Focus: They use a 'One Nasdaq' approach, aiming to serve corporate clients, investment managers, and banks holistically. This focus is what drove their Q3 2025 net revenue to $1.315 billion, beating analyst expectations.

What this estimate hides is the constant pressure from competitors like Intercontinental Exchange (ICE) and CME Group, but their focus on being a technology provider first is their best defense.

Nasdaq, Inc. (NDAQ) Core Values

You're looking past the daily market noise to understand the foundational principles that drive a major exchange operator, and that's smart. The mission of Nasdaq, Inc. is clear: champion inclusive growth and prosperity to power stronger economies. Their vision is to reimagine the markets of tomorrow. But a mission only works if the core values, the operating principles, are lived out, especially when you're a key technology platform for global finance. I see three core values-Integrity, Innovation, and Inclusive Growth-that truly map to their 2025 performance and strategy.

If you want to understand the firm's long-term value, you have to look at how they execute on these principles. You can dig deeper into the actual numbers in Breaking Down Nasdaq, Inc. (NDAQ) Financial Health: Key Insights for Investors, but here's the strategic view.

Integrity: The Bedrock of Market Trust

In the financial world, integrity isn't a nice-to-have; it's the entire engine. For Nasdaq, Inc., this means maintaining the highest ethical standards to ensure fair and transparent markets. The stakes are defintely high when you consider their role as a global technology company serving corporate clients, investment managers, and brokers.

Their commitment is best seen in the Anti-Financial Crime Technology division. This group is explicitly tasked with protecting the world against financial crime, which underpins the integrity of all markets they touch. It's a critical, non-revenue-generating function that protects the entire ecosystem. This is where the rubber meets the road on market trust.

• Uphold the highest ethical standards.
• Ensure fair and transparent markets.
• Protect the global financial system from crime.

Innovation: Driving the Technology Transformation

Nasdaq, Inc. is no longer just an exchange; it's a leading technology platform, and innovation is how they stay ahead of the curve. This is a crucial distinction for investors to grasp. The company's focus on technology is paying off handsomely in the 2025 fiscal year, with Solutions revenue (data, analytics, software) being the primary growth driver.

In the third quarter of 2025, Solutions quarterly revenue surpassed $1.003 billion for the first time, reflecting a 15% growth over the prior year. That's a massive milestone that validates their strategy. Plus, their Annual Recurring Revenue (ARR) hit $3.0 billion, growing 10% year-over-year, which gives us a predictable, high-quality revenue stream. Their May 2025 launch of Nasdaq Eqlipse Trading, a cloud-based platform, shows they are actively moving mission-critical trading infrastructure to the cloud, improving efficiency and risk management for clients globally.

Client Focus & Inclusive Growth: Reimagining Access

The vision to reimagine the markets of tomorrow means making them more accessible and equitable. This value is about connecting capital and innovative ideas to enhance global economies, not just the biggest players.

A concrete example of this client-centric, inclusive approach is the partnership announced in November 2025 with SGX Group (Singapore Exchange). They are creating a streamlined dual listing framework to connect the U.S. and Singapore capital markets. This initiative is designed to help companies with a market capitalization of S$2 billion and above simultaneously list on both exchanges using a single set of documents, which cuts complexity and costs for issuers. That's a clear action to create opportunity at scale. On the social front, the Nasdaq Entrepreneurial Center actively works to improve inclusion and access to capital for underrepresented entrepreneurs, supporting paths to entrepreneurship for people of all backgrounds.