vs

Side-by-side financial comparison of Nasdaq, Inc. (NDAQ) and ResMed (RMD). 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× ResMed). ResMed runs the higher net margin — 27.6% vs 24.3%, a 3.3% gap on every dollar of revenue. On growth, ResMed posted the faster year-over-year revenue change (11.0% vs 2.0%). Over the past eight quarters, Nasdaq, Inc.'s revenue compounded faster (9.2% CAGR vs 7.9%).

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.

ResMed Inc. is a medical equipment company based in San Diego, California, and founded in Australia. It primarily provides cloud-connectable medical devices for the treatment of sleep apnea, chronic obstructive pulmonary disease (COPD), and other respiratory conditions. Resmed produced hundreds of thousands of ventilators and bilevel devices to help treat the respiratory symptoms of patients with COVID-19.

NDAQ vs RMD — Head-to-Head

Bigger by revenue
NDAQ
NDAQ
1.5× larger
NDAQ
$2.1B
$1.4B
RMD
Growing faster (revenue YoY)
RMD
RMD
+9.0% gap
RMD
11.0%
2.0%
NDAQ
Higher net margin
RMD
RMD
3.3% more per $
RMD
27.6%
24.3%
NDAQ
Faster 2-yr revenue CAGR
NDAQ
NDAQ
Annualised
NDAQ
9.2%
7.9%
RMD

Income Statement — Q1 FY2026 vs Q4 FY2026

Metric
NDAQ
NDAQ
RMD
RMD
Revenue
$2.1B
$1.4B
Net Profit
$519.0M
$392.6M
Gross Margin
61.8%
Operating Margin
30.7%
34.6%
Net Margin
24.3%
27.6%
Revenue YoY
2.0%
11.0%
Net Profit YoY
31.4%
13.9%
EPS (diluted)
$0.91
$2.68

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
RMD
RMD
Q2 26
$1.4B
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
$1.3B
Q4 24
$2.0B
$1.3B
Q3 24
$1.9B
$1.2B
Net Profit
NDAQ
NDAQ
RMD
RMD
Q2 26
$392.6M
Q1 26
$519.0M
Q4 25
$518.0M
$392.6M
Q3 25
$423.0M
$348.5M
Q2 25
$452.0M
$379.7M
Q1 25
$395.0M
$365.0M
Q4 24
$355.0M
$344.6M
Q3 24
$306.0M
$311.4M
Gross Margin
NDAQ
NDAQ
RMD
RMD
Q2 26
61.8%
Q1 26
Q4 25
65.5%
61.8%
Q3 25
67.2%
61.5%
Q2 25
62.5%
60.8%
Q1 25
59.2%
59.3%
Q4 24
60.4%
58.6%
Q3 24
60.3%
58.6%
Operating Margin
NDAQ
NDAQ
RMD
RMD
Q2 26
34.6%
Q1 26
30.7%
Q4 25
29.7%
34.6%
Q3 25
29.9%
33.4%
Q2 25
27.2%
33.7%
Q1 25
26.2%
33.0%
Q4 24
25.4%
32.5%
Q3 24
23.6%
31.6%
Net Margin
NDAQ
NDAQ
RMD
RMD
Q2 26
27.6%
Q1 26
24.3%
Q4 25
24.4%
27.6%
Q3 25
21.6%
26.1%
Q2 25
21.6%
28.2%
Q1 25
18.9%
28.3%
Q4 24
17.5%
26.9%
Q3 24
16.1%
25.4%
EPS (diluted)
NDAQ
NDAQ
RMD
RMD
Q2 26
$2.68
Q1 26
$0.91
Q4 25
$0.90
$2.68
Q3 25
$0.73
$2.37
Q2 25
$0.78
$2.58
Q1 25
$0.68
$2.48
Q4 24
$0.62
$2.34
Q3 24
$0.53
$2.11

Balance Sheet & Financial Strength

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

Metric
NDAQ
NDAQ
RMD
RMD
Cash + ST InvestmentsLiquidity on hand
$515.0M
$1.4B
Total DebtLower is stronger
$9.0B
$663.8M
Stockholders' EquityBook value
$12.0B
$6.3B
Total Assets
$27.3B
$8.5B
Debt / EquityLower = less leverage
0.74×
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NDAQ
NDAQ
RMD
RMD
Q2 26
$1.4B
Q1 26
$515.0M
Q4 25
$604.0M
$1.4B
Q3 25
$470.0M
$1.4B
Q2 25
$732.0M
$1.2B
Q1 25
$690.0M
$932.7M
Q4 24
$592.0M
$521.9M
Q3 24
$266.0M
$426.4M
Total Debt
NDAQ
NDAQ
RMD
RMD
Q2 26
$663.8M
Q1 26
$9.0B
Q4 25
$8.6B
$403.9M
Q3 25
$8.7B
$408.7M
Q2 25
$8.7B
$658.4M
Q1 25
$8.9B
$663.1M
Q4 24
$9.1B
$662.9M
Q3 24
$9.4B
$667.6M
Stockholders' Equity
NDAQ
NDAQ
RMD
RMD
Q2 26
$6.3B
Q1 26
$12.0B
Q4 25
$12.2B
$6.3B
Q3 25
$12.0B
$6.1B
Q2 25
$11.8B
$6.0B
Q1 25
$11.5B
$5.5B
Q4 24
$11.2B
$5.3B
Q3 24
$11.1B
$5.2B
Total Assets
NDAQ
NDAQ
RMD
RMD
Q2 26
$8.5B
Q1 26
$27.3B
Q4 25
$31.1B
$8.5B
Q3 25
$30.7B
$8.3B
Q2 25
$30.4B
$8.2B
Q1 25
$30.6B
$7.6B
Q4 24
$30.4B
$7.1B
Q3 24
$30.6B
$7.2B
Debt / Equity
NDAQ
NDAQ
RMD
RMD
Q2 26
0.11×
Q1 26
0.74×
Q4 25
0.70×
0.06×
Q3 25
0.72×
0.07×
Q2 25
0.73×
0.11×
Q1 25
0.77×
0.12×
Q4 24
0.81×
0.13×
Q3 24
0.85×
0.13×

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%

RMD
RMD

Segment breakdown not available.

Related Comparisons