Nasdaq (NDAQ) Accumulated Expenses (2009 - 2026)

Nasdaq has disclosed Accumulated Expenses across 18 years of filings, most recently posting $209.0 million for Q1 2026.

• Accumulated Expenses for Q1 2026 came in at $209.0 million, up 5.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $209.0 million (up 5.56% YoY), and the FY2025 annual result 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.
• The 5-year median for Accumulated Expenses is $211.0 million (2023), against an average of $235.8 million.
• Across the five-year window, Accumulated Expenses slipped 7.24% in 2022 and soared 48.82% in 2024, its largest moves.
• Nasdaq's Accumulated Expenses stood at $243.0 million in 2022, then advanced by 24.69% to $303.0 million in 2023, then increased by 7.26% to $325.0 million in 2024, then increased by 12.0% to $364.0 million in 2025, then plunged by 42.58% to $209.0 million in 2026.
• The last three Accumulated Expenses figures came in at $209.0 million (Q1 2026), $364.0 million (Q4 2025), and $313.0 million (Q3 2025), per Business Quant data.