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Growth Metrics

Nasdaq (NDAQ) Accumulated Expenses (2009 - 2026)

Nasdaq recorded quarterly Accumulated Expenses of $209.0 million in Q1 2026, down 42.58% quarter-over-quarter from $364.0 million in Q4 2025, and up 5.56% year-over-year from $198.0 million in Q1 2025.

Nasdaq's Accumulated Expenses history runs 18 years deep, the most recent figure standing at $209.0 million for Q1 2026.

  • In Q1 2026, Accumulated Expenses rose 5.56% year-over-year to $209.0 million; the TTM figure through Mar 2026 stood at $209.0 million (up 5.56% YoY), while the FY2025 annual figure was $364.0 million, up 12.0% from the prior year.
  • Accumulated Expenses came in at $209.0 million for Q1 2026 at Nasdaq, down from $364.0 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $364.0 million in Q4 2025 to a low of $156.0 million in Q2 2023.
  • A 5-year average of $235.8 million and a median of $211.0 million in 2023 frame the typical range for Accumulated Expenses.
  • Across the five-year window, Accumulated Expenses dropped 7.24% in 2022 and jumped 48.82% in 2024, its largest moves.
  • Nasdaq's Accumulated Expenses stood at $243.0 million in 2022, then climbed 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, then tumbled by 42.58% to $209.0 million in 2026.
  • According to Business Quant data, Accumulated Expenses over the past three periods registered $209.0 million, $364.0 million, and $313.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn -
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 209.00 Mn
Dec 31, 2025 364.00 Mn
Sep 30, 2025 313.00 Mn
Jun 30, 2025 280.00 Mn
Mar 31, 2025 198.00 Mn
Dec 31, 2024 325.00 Mn
Sep 30, 2024 314.00 Mn
Jun 30, 2024 213.00 Mn
Mar 31, 2024 188.00 Mn
Dec 31, 2023 303.00 Mn
Sep 30, 2023 211.00 Mn
Jun 30, 2023 156.00 Mn
Mar 31, 2023 157.00 Mn
Dec 31, 2022 243.00 Mn
Sep 30, 2022 205.00 Mn
Jun 30, 2022 161.00 Mn
Mar 31, 2022 168.00 Mn
Dec 31, 2021 252.00 Mn
Sep 30, 2021 221.00 Mn
Jun 30, 2021 172.00 Mn
Mar 31, 2021 174.00 Mn
Dec 31, 2020 227.00 Mn
Sep 30, 2020 184.00 Mn
Jun 30, 2020 149.00 Mn
Mar 31, 2020 132.00 Mn
Dec 31, 2019 188.00 Mn
Sep 30, 2019 137.00 Mn
Jun 30, 2019 119.00 Mn
Mar 31, 2019 118.00 Mn
Dec 31, 2018 199.00 Mn
Sep 30, 2018 145.00 Mn
Jun 30, 2018 115.00 Mn
Mar 31, 2018 111.00 Mn
Dec 31, 2017 170.00 Mn
Sep 30, 2017 130.00 Mn
Jun 30, 2017 124.00 Mn
Mar 31, 2017 110.00 Mn
Dec 31, 2016 207.00 Mn
Sep 30, 2016 175.00 Mn
Jun 30, 2016 129.00 Mn
Mar 31, 2016 87.00 Mn
Dec 31, 2015 171.00 Mn
Sep 30, 2015 121.00 Mn
Jun 30, 2015 94.00 Mn
Mar 31, 2015 71.00 Mn
Dec 31, 2014 143.00 Mn
Sep 30, 2014 110.00 Mn
Jun 30, 2014 100.00 Mn
Mar 31, 2014 96.00 Mn
Dec 31, 2013 154.00 Mn
Sep 30, 2013 115.00 Mn
Jun 30, 2013 84.00 Mn
Mar 31, 2013 59.00 Mn
Dec 31, 2012 111.00 Mn
Sep 30, 2012 86.00 Mn
Jun 30, 2012 74.00 Mn
Mar 31, 2012 56.00 Mn
Dec 31, 2011 132.00 Mn
Sep 30, 2011 105.00 Mn
Jun 30, 2011 88.00 Mn
Mar 31, 2011 71.00 Mn
Dec 31, 2010 122.00 Mn
Sep 30, 2010 97.00 Mn
Jun 30, 2010 74.00 Mn
Dec 31, 2009 114.00 Mn