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Side-by-side financial comparison of Nasdaq, Inc. (NDAQ) and SERVICE CORP INTERNATIONAL (SCI). Click either name above to swap in a different company.

Nasdaq, Inc. is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 1.9× SERVICE CORP INTERNATIONAL). Nasdaq, Inc. runs the higher net margin — 24.3% vs 14.3%, a 9.9% gap on every dollar of revenue. On growth, Nasdaq, Inc. posted the faster year-over-year revenue change (2.0% vs 1.7%). Over the past eight quarters, Nasdaq, Inc.'s revenue compounded faster (9.2% CAGR vs 3.1%).

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.

International Distribution Services Limited is a British company providing postal and courier services. IDS was created in 2013 by the UK government as a new holding company of Royal Mail, and a majority of its shares were then sold on the London Stock Exchange, with the government initially retaining a 30 per cent at the time. As of April 2025, IDS is owned and operated by Czech-based EP Group, owned by Daniel Křetínský.

NDAQ vs SCI — Head-to-Head

Bigger by revenue
NDAQ
NDAQ
1.9× larger
NDAQ
$2.1B
$1.1B
SCI
Growing faster (revenue YoY)
NDAQ
NDAQ
+0.3% gap
NDAQ
2.0%
1.7%
SCI
Higher net margin
NDAQ
NDAQ
9.9% more per $
NDAQ
24.3%
14.3%
SCI
Faster 2-yr revenue CAGR
NDAQ
NDAQ
Annualised
NDAQ
9.2%
3.1%
SCI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NDAQ
NDAQ
SCI
SCI
Revenue
$2.1B
$1.1B
Net Profit
$519.0M
$159.4M
Gross Margin
28.0%
Operating Margin
30.7%
24.8%
Net Margin
24.3%
14.3%
Revenue YoY
2.0%
1.7%
Net Profit YoY
31.4%
5.3%
EPS (diluted)
$0.91
$1.13

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
SCI
SCI
Q1 26
$2.1B
Q4 25
$2.1B
$1.1B
Q3 25
$2.0B
$1.1B
Q2 25
$2.1B
$1.1B
Q1 25
$2.1B
$1.1B
Q4 24
$2.0B
$1.1B
Q3 24
$1.9B
$1.0B
Q2 24
$1.8B
$1.0B
Net Profit
NDAQ
NDAQ
SCI
SCI
Q1 26
$519.0M
Q4 25
$518.0M
$159.4M
Q3 25
$423.0M
$117.5M
Q2 25
$452.0M
$122.9M
Q1 25
$395.0M
$142.9M
Q4 24
$355.0M
$151.4M
Q3 24
$306.0M
$117.8M
Q2 24
$222.0M
$118.2M
Gross Margin
NDAQ
NDAQ
SCI
SCI
Q1 26
Q4 25
65.5%
28.0%
Q3 25
67.2%
25.1%
Q2 25
62.5%
25.5%
Q1 25
59.2%
27.1%
Q4 24
60.4%
28.0%
Q3 24
60.3%
24.9%
Q2 24
64.7%
24.9%
Operating Margin
NDAQ
NDAQ
SCI
SCI
Q1 26
30.7%
Q4 25
29.7%
24.8%
Q3 25
29.9%
21.4%
Q2 25
27.2%
21.1%
Q1 25
26.2%
23.4%
Q4 24
25.4%
24.0%
Q3 24
23.6%
20.9%
Q2 24
23.6%
21.4%
Net Margin
NDAQ
NDAQ
SCI
SCI
Q1 26
24.3%
Q4 25
24.4%
14.3%
Q3 25
21.6%
11.1%
Q2 25
21.6%
11.5%
Q1 25
18.9%
13.3%
Q4 24
17.5%
13.8%
Q3 24
16.1%
11.6%
Q2 24
12.4%
11.4%
EPS (diluted)
NDAQ
NDAQ
SCI
SCI
Q1 26
$0.91
Q4 25
$0.90
$1.13
Q3 25
$0.73
$0.83
Q2 25
$0.78
$0.86
Q1 25
$0.68
$0.98
Q4 24
$0.62
$1.02
Q3 24
$0.53
$0.81
Q2 24
$0.38
$0.81

Balance Sheet & Financial Strength

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

Metric
NDAQ
NDAQ
SCI
SCI
Cash + ST InvestmentsLiquidity on hand
$515.0M
$243.6M
Total DebtLower is stronger
$9.0B
$5.1B
Stockholders' EquityBook value
$12.0B
$1.6B
Total Assets
$27.3B
$18.7B
Debt / EquityLower = less leverage
0.74×
3.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NDAQ
NDAQ
SCI
SCI
Q1 26
$515.0M
Q4 25
$604.0M
$243.6M
Q3 25
$470.0M
$241.3M
Q2 25
$732.0M
$255.4M
Q1 25
$690.0M
$227.2M
Q4 24
$592.0M
$218.8M
Q3 24
$266.0M
$185.4M
Q2 24
$416.0M
$184.4M
Total Debt
NDAQ
NDAQ
SCI
SCI
Q1 26
$9.0B
Q4 25
$8.6B
$5.1B
Q3 25
$8.7B
$5.0B
Q2 25
$8.7B
$5.0B
Q1 25
$8.9B
$4.7B
Q4 24
$9.1B
$4.8B
Q3 24
$9.4B
$4.7B
Q2 24
$9.2B
$4.7B
Stockholders' Equity
NDAQ
NDAQ
SCI
SCI
Q1 26
$12.0B
Q4 25
$12.2B
$1.6B
Q3 25
$12.0B
$1.6B
Q2 25
$11.8B
$1.6B
Q1 25
$11.5B
$1.7B
Q4 24
$11.2B
$1.7B
Q3 24
$11.1B
$1.6B
Q2 24
$10.9B
$1.5B
Total Assets
NDAQ
NDAQ
SCI
SCI
Q1 26
$27.3B
Q4 25
$31.1B
$18.7B
Q3 25
$30.7B
$18.4B
Q2 25
$30.4B
$18.0B
Q1 25
$30.6B
$17.3B
Q4 24
$30.4B
$17.4B
Q3 24
$30.6B
$17.4B
Q2 24
$30.2B
$16.8B
Debt / Equity
NDAQ
NDAQ
SCI
SCI
Q1 26
0.74×
Q4 25
0.70×
3.10×
Q3 25
0.72×
3.17×
Q2 25
0.73×
3.19×
Q1 25
0.77×
2.87×
Q4 24
0.81×
2.83×
Q3 24
0.85×
2.92×
Q2 24
0.85×
3.05×

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
SCI
SCI
Operating Cash FlowLast quarter
$212.9M
Free Cash FlowOCF − Capex
$87.2M
FCF MarginFCF / Revenue
7.8%
Capex IntensityCapex / Revenue
11.3%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$554.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NDAQ
NDAQ
SCI
SCI
Q1 26
Q4 25
$625.0M
$212.9M
Q3 25
$221.0M
$252.3M
Q2 25
$746.0M
$166.4M
Q1 25
$663.0M
$311.1M
Q4 24
$705.0M
$264.1M
Q3 24
$244.0M
$263.8M
Q2 24
$460.0M
$196.9M
Free Cash Flow
NDAQ
NDAQ
SCI
SCI
Q1 26
Q4 25
$536.0M
$87.2M
Q3 25
$152.0M
$150.7M
Q2 25
$687.0M
$83.4M
Q1 25
$614.0M
$233.0M
Q4 24
$645.0M
$151.8M
Q3 24
$188.0M
$162.8M
Q2 24
$408.0M
$100.8M
FCF Margin
NDAQ
NDAQ
SCI
SCI
Q1 26
Q4 25
25.2%
7.8%
Q3 25
7.8%
14.2%
Q2 25
32.9%
7.8%
Q1 25
29.4%
21.7%
Q4 24
31.7%
13.9%
Q3 24
9.9%
16.1%
Q2 24
22.8%
9.7%
Capex Intensity
NDAQ
NDAQ
SCI
SCI
Q1 26
Q4 25
4.2%
11.3%
Q3 25
3.5%
9.6%
Q2 25
2.8%
7.8%
Q1 25
2.3%
7.3%
Q4 24
3.0%
10.3%
Q3 24
2.9%
10.0%
Q2 24
2.9%
9.3%
Cash Conversion
NDAQ
NDAQ
SCI
SCI
Q1 26
Q4 25
1.21×
1.34×
Q3 25
0.52×
2.15×
Q2 25
1.65×
1.35×
Q1 25
1.68×
2.18×
Q4 24
1.99×
1.75×
Q3 24
0.80×
2.24×
Q2 24
2.07×
1.67×

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%

SCI
SCI

Cemetery$510.9M46%
Funeral Matured Preneed Revenue$196.5M18%
Cemetery Recognized Preneed Merchandise And Service Revenue$107.4M10%
Cemetery Atneed Revenue$104.9M9%
CA$56.4M5%
Funeral Other Revenue$54.6M5%
Cemetery Other Revenue$40.2M4%
Nonfuneral Home Revenue$28.1M3%
Non Funeral Home Preneed Sales Revenue$22.0M2%

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