N
NDAQ
NDAQVerified4 segments tracked|6 years of data|Annual (10-K)
Total Revenue
$9.0B49.7%
FY2024
Operating Segments
4Active segments
Blended Margin
27.7%Operating margin
Highest Margin
57.5%Capital Access Platforms
Segment Shift
Capital Access Platforms has grown from 0.0% to 21.9% of total revenue since FY2019, with 57.5% operating margins. Meanwhile, Financial Technology is the fastest growing at +47.5% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2024
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Market Services | $3.8B | $597M | 15.8% | 41.8% | +19.5% |
| Capital Access Platforms | $2.0B | $1.1B | 57.5% | 21.9% | +11.4% |
| Financial Technology Including PPA | $1.7B | $770M | 46.5% | 18.4% | +0.0% |
| Financial Technology | $1.6B | $0 | 0.0% | 18.0% | +47.5% |
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