KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) Accumulated Expenses (2016 - 2025)

Nasdaq's Accumulated Expenses history spans 17 years, with the latest figure at $364.0 million for Q4 2025.

  • For Q4 2025, Accumulated Expenses rose 12.0% year-over-year to $364.0 million; the TTM value through Dec 2025 reached $364.0 million, up 12.0%, while the annual FY2025 figure was $364.0 million, 12.0% up from the prior year.
  • Accumulated Expenses for Q4 2025 was $364.0 million at Nasdaq, up from $313.0 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $364.0 million in Q4 2025 and bottomed at $156.0 million in Q2 2023.
  • The 5-year median for Accumulated Expenses is $212.0 million (2023), against an average of $230.9 million.
  • The largest annual shift saw Accumulated Expenses dropped 7.24% in 2022 before it skyrocketed 48.82% in 2024.
  • A 5-year view of Accumulated Expenses shows it stood at $252.0 million in 2021, then fell by 3.57% to $243.0 million in 2022, then rose by 24.69% to $303.0 million in 2023, then rose by 7.26% to $325.0 million in 2024, then rose by 12.0% to $364.0 million in 2025.
  • Per Business Quant, the three most recent readings for NDAQ's Accumulated Expenses are $364.0 million (Q4 2025), $313.0 million (Q3 2025), and $280.0 million (Q2 2025).