Nasdaq (NDAQ) Capital Expenditures (2009 - 2026)
Nasdaq's (NDAQ) quarterly Capital Expenditures came in at $60.0 million in Q1 2026, up 22.45% year-on-year from $49.0 million in Q1 2025, and down 32.58% quarter-over-quarter from $89.0 million in Q4 2025.
Nasdaq (NDAQ) Capital Expenditures (2009 - 2026) Analysis & Trends
Nasdaq has disclosed Capital Expenditures across 18 years of filings, most recently posting $60.0 million for Q1 2026.
- Capital Expenditures for Q1 2026 came in at $60.0 million, up 22.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $277.0 million (up 27.65% YoY), and the FY2025 annual result was $266.0 million, up 28.5% from the prior year.
- Capital Expenditures came in at $60.0 million for Q1 2026 at Nasdaq, down from $89.0 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $89.0 million in Q4 2025 to a low of $34.0 million in Q4 2022.
- The 5-year median for Capital Expenditures is $42.0 million (2022), against an average of $49.6 million.
- Across the five-year window, Capital Expenditures tumbled 32.0% in 2022 and soared 51.35% in 2024, its largest moves.
- Nasdaq's Capital Expenditures stood at $34.0 million in 2022, then advanced by 23.53% to $42.0 million in 2023, then surged by 42.86% to $60.0 million in 2024, then surged by 48.33% to $89.0 million in 2025, then tumbled by 32.58% to $60.0 million in 2026.
- The last three Capital Expenditures figures came in at $60.0 million (Q1 2026), $89.0 million (Q4 2025), and $69.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 27.00 Mn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 21.80 Mn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 95.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 64.00 Mn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 60.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | - |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 26.00 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 19.20 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 65.20 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 26.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.00 Mn |
| Mar 31, 2026 | 60.00 Mn |
| Dec 31, 2025 | 89.00 Mn |
| Dec 31, 2025 | 89.00 Mn |
| Sep 30, 2025 | 69.00 Mn |
| Sep 30, 2025 | 69.00 Mn |
| Jun 30, 2025 | 59.00 Mn |
| Jun 30, 2025 | 59.00 Mn |
| Mar 31, 2025 | 49.00 Mn |
| Mar 31, 2025 | 49.00 Mn |
| Dec 31, 2024 | 60.00 Mn |
| Dec 31, 2024 | 60.00 Mn |
| Sep 30, 2024 | 56.00 Mn |
| Sep 30, 2024 | 56.00 Mn |
| Jun 30, 2024 | 52.00 Mn |
| Jun 30, 2024 | 52.00 Mn |
| Mar 31, 2024 | 39.00 Mn |
| Mar 31, 2024 | 39.00 Mn |
| Dec 31, 2023 | 42.00 Mn |
| Dec 31, 2023 | 42.00 Mn |