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Side-by-side financial comparison of Nasdaq, Inc. (NDAQ) and PRICESMART INC (PSMT). Click either name above to swap in a different company.

Nasdaq, Inc. is the larger business by last-quarter revenue ($2.1B vs $1.4B, roughly 1.5× PRICESMART INC). Nasdaq, Inc. runs the higher net margin — 24.3% vs 2.9%, a 21.4% gap on every dollar of revenue. On growth, PRICESMART INC posted the faster year-over-year revenue change (9.9% vs 2.0%). Over the past eight quarters, Nasdaq, Inc.'s revenue compounded faster (9.2% CAGR vs 3.5%).

Nasdaq Stock Market is an American stock exchange, the second-largest by market cap on the list of stock exchanges, and the first fully electronic stock market. The exchange is based in Manhattan, New York City, and is among the most active stock trading venue by volume in the United States.

PriceSmart, Inc. is a United States based operator of membership warehouse clubs in Central America, the Caribbean, and South America. PriceSmart was founded by Sol and Robert Price, founders of Price Club; Robert Price is chairman of the board.

NDAQ vs PSMT — Head-to-Head

Bigger by revenue
NDAQ
NDAQ
1.5× larger
NDAQ
$2.1B
$1.4B
PSMT
Growing faster (revenue YoY)
PSMT
PSMT
+8.0% gap
PSMT
9.9%
2.0%
NDAQ
Higher net margin
NDAQ
NDAQ
21.4% more per $
NDAQ
24.3%
2.9%
PSMT
Faster 2-yr revenue CAGR
NDAQ
NDAQ
Annualised
NDAQ
9.2%
3.5%
PSMT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NDAQ
NDAQ
PSMT
PSMT
Revenue
$2.1B
$1.4B
Net Profit
$519.0M
$40.2M
Gross Margin
17.7%
Operating Margin
30.7%
4.6%
Net Margin
24.3%
2.9%
Revenue YoY
2.0%
9.9%
Net Profit YoY
31.4%
7.3%
EPS (diluted)
$0.91
$1.29

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NDAQ
NDAQ
PSMT
PSMT
Q1 26
$2.1B
Q4 25
$2.1B
$1.4B
Q3 25
$2.0B
$1.3B
Q2 25
$2.1B
$1.3B
Q1 25
$2.1B
$1.4B
Q4 24
$2.0B
$1.3B
Q3 24
$1.9B
$1.2B
Q2 24
$1.8B
$1.2B
Net Profit
NDAQ
NDAQ
PSMT
PSMT
Q1 26
$519.0M
Q4 25
$518.0M
$40.2M
Q3 25
$423.0M
$31.5M
Q2 25
$452.0M
$35.2M
Q1 25
$395.0M
$43.8M
Q4 24
$355.0M
$37.4M
Q3 24
$306.0M
$29.1M
Q2 24
$222.0M
$32.5M
Gross Margin
NDAQ
NDAQ
PSMT
PSMT
Q1 26
Q4 25
65.5%
17.7%
Q3 25
67.2%
Q2 25
62.5%
Q1 25
59.2%
17.1%
Q4 24
60.4%
17.4%
Q3 24
60.3%
Q2 24
64.7%
Operating Margin
NDAQ
NDAQ
PSMT
PSMT
Q1 26
30.7%
Q4 25
29.7%
4.6%
Q3 25
29.9%
4.0%
Q2 25
27.2%
4.3%
Q1 25
26.2%
4.8%
Q4 24
25.4%
4.6%
Q3 24
23.6%
4.0%
Q2 24
23.6%
4.1%
Net Margin
NDAQ
NDAQ
PSMT
PSMT
Q1 26
24.3%
Q4 25
24.4%
2.9%
Q3 25
21.6%
2.4%
Q2 25
21.6%
2.7%
Q1 25
18.9%
3.2%
Q4 24
17.5%
3.0%
Q3 24
16.1%
2.4%
Q2 24
12.4%
2.6%
EPS (diluted)
NDAQ
NDAQ
PSMT
PSMT
Q1 26
$0.91
Q4 25
$0.90
$1.29
Q3 25
$0.73
$1.02
Q2 25
$0.78
$1.14
Q1 25
$0.68
$1.45
Q4 24
$0.62
$1.21
Q3 24
$0.53
$0.94
Q2 24
$0.38
$1.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NDAQ
NDAQ
PSMT
PSMT
Cash + ST InvestmentsLiquidity on hand
$515.0M
$320.6M
Total DebtLower is stronger
$9.0B
$180.3M
Stockholders' EquityBook value
$12.0B
$1.3B
Total Assets
$27.3B
$2.4B
Debt / EquityLower = less leverage
0.74×
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NDAQ
NDAQ
PSMT
PSMT
Q1 26
$515.0M
Q4 25
$604.0M
$320.6M
Q3 25
$470.0M
$314.2M
Q2 25
$732.0M
$262.4M
Q1 25
$690.0M
$247.3M
Q4 24
$592.0M
$222.2M
Q3 24
$266.0M
$225.5M
Q2 24
$416.0M
$228.2M
Total Debt
NDAQ
NDAQ
PSMT
PSMT
Q1 26
$9.0B
Q4 25
$8.6B
$180.3M
Q3 25
$8.7B
$186.6M
Q2 25
$8.7B
$103.1M
Q1 25
$8.9B
$107.1M
Q4 24
$9.1B
$115.6M
Q3 24
$9.4B
$130.4M
Q2 24
$9.2B
$135.1M
Stockholders' Equity
NDAQ
NDAQ
PSMT
PSMT
Q1 26
$12.0B
Q4 25
$12.2B
$1.3B
Q3 25
$12.0B
$1.2B
Q2 25
$11.8B
$1.2B
Q1 25
$11.5B
$1.2B
Q4 24
$11.2B
$1.2B
Q3 24
$11.1B
$1.1B
Q2 24
$10.9B
$1.1B
Total Assets
NDAQ
NDAQ
PSMT
PSMT
Q1 26
$27.3B
Q4 25
$31.1B
$2.4B
Q3 25
$30.7B
$2.3B
Q2 25
$30.4B
$2.1B
Q1 25
$30.6B
$2.1B
Q4 24
$30.4B
$2.1B
Q3 24
$30.6B
$2.0B
Q2 24
$30.2B
$2.0B
Debt / Equity
NDAQ
NDAQ
PSMT
PSMT
Q1 26
0.74×
Q4 25
0.70×
0.14×
Q3 25
0.72×
0.15×
Q2 25
0.73×
0.08×
Q1 25
0.77×
0.09×
Q4 24
0.81×
0.10×
Q3 24
0.85×
0.12×
Q2 24
0.85×
0.12×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NDAQ
NDAQ
PSMT
PSMT
Operating Cash FlowLast quarter
$71.2M
Free Cash FlowOCF − Capex
$32.6M
FCF MarginFCF / Revenue
2.4%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
1.77×
TTM Free Cash FlowTrailing 4 quarters
$125.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NDAQ
NDAQ
PSMT
PSMT
Q1 26
Q4 25
$625.0M
$71.2M
Q3 25
$221.0M
$82.1M
Q2 25
$746.0M
$52.8M
Q1 25
$663.0M
$87.9M
Q4 24
$705.0M
$38.5M
Q3 24
$244.0M
$41.8M
Q2 24
$460.0M
$38.1M
Free Cash Flow
NDAQ
NDAQ
PSMT
PSMT
Q1 26
Q4 25
$536.0M
$32.6M
Q3 25
$152.0M
$25.6M
Q2 25
$687.0M
$14.0M
Q1 25
$614.0M
$53.2M
Q4 24
$645.0M
$10.3M
Q3 24
$188.0M
$15.2M
Q2 24
$408.0M
$-308.0K
FCF Margin
NDAQ
NDAQ
PSMT
PSMT
Q1 26
Q4 25
25.2%
2.4%
Q3 25
7.8%
1.9%
Q2 25
32.9%
1.1%
Q1 25
29.4%
3.9%
Q4 24
31.7%
0.8%
Q3 24
9.9%
1.2%
Q2 24
22.8%
-0.0%
Capex Intensity
NDAQ
NDAQ
PSMT
PSMT
Q1 26
Q4 25
4.2%
2.8%
Q3 25
3.5%
4.2%
Q2 25
2.8%
2.9%
Q1 25
2.3%
2.5%
Q4 24
3.0%
2.2%
Q3 24
2.9%
2.2%
Q2 24
2.9%
3.1%
Cash Conversion
NDAQ
NDAQ
PSMT
PSMT
Q1 26
Q4 25
1.21×
1.77×
Q3 25
0.52×
2.60×
Q2 25
1.65×
1.50×
Q1 25
1.68×
2.01×
Q4 24
1.99×
1.03×
Q3 24
0.80×
1.44×
Q2 24
2.07×
1.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NDAQ
NDAQ

Market Services$1.0B49%
Capital Access Platforms$565.0M26%
Financial Technology$517.0M24%
Other Revenues$8.0M0%

PSMT
PSMT

Fresh Foods$454.9M33%
Caribbean Operations Segment$396.5M29%
Colombia Operations Segment$204.1M15%
Hardlines$162.6M12%
Softlines$99.8M7%
ship Income Member$24.5M2%
Health Services$14.5M1%
Other Revenue And Income$4.2M0%
United States Operations Segment$510.0K0%
Export Sales$359.0K0%

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