Nasdaq (NDAQ) Capital Expenditures (2009 - 2026)
Nasdaq (NDAQ) posted Capital Expenditures of $77 million for Q2 2026, up 30.5% from $59 million a year earlier and up 28.3% from the prior quarter.
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Analysis
Nasdaq (NDAQ) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Nasdaq was $295 million, up 31.7% year-over-year; for FY2025, it came in at $266 million, up 28.5% from FY2024.
- Annual Capital Expenditures has increased for three consecutive years, with a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
- In prior years, Nasdaq's Capital Expenditures was $207 million in FY2024 (+31.0%), $158 million in FY2023 (+3.9%), $152 million in FY2022 (-6.7%) and $163 million in FY2021 (-13.3%).
- Quarterly Capital Expenditures has run from a low of $32 million in Q3 2021 to a high of $89 million in Q4 2025 over five years.
- On a year-over-year basis, Capital Expenditures has increased in each of the last nine quarters, with growth averaging 32.2% over the last eight quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q3 2024, with growth of 51.4%; the weakest was Q3 2021, with a decline of 46.7%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $60 million (Q1 2026), $89 million (Q4 2025) and $69 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | 12.00 Mn |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 487.00 Mn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 23.60 Mn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 144.00 Mn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 77.00 Mn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | 675.00 Mn |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 18.00 Mn |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | 25.40 Mn |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 33.10 Mn |
| 10 | LPL Financial Holdings | 24.08 Bn | 19.40 Bn | - | 199.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.00 Mn |
| Mar 31, 2026 | 60.00 Mn |
| Dec 31, 2025 | 89.00 Mn |
| Sep 30, 2025 | 69.00 Mn |
| Jun 30, 2025 | 59.00 Mn |
| Mar 31, 2025 | 49.00 Mn |
| Dec 31, 2024 | 60.00 Mn |
| Sep 30, 2024 | 56.00 Mn |
| Jun 30, 2024 | 52.00 Mn |
| Mar 31, 2024 | 39.00 Mn |
| Dec 31, 2023 | 42.00 Mn |
| Sep 30, 2023 | 37.00 Mn |
| Jun 30, 2023 | 39.00 Mn |
| Mar 31, 2023 | 40.00 Mn |
| Dec 31, 2022 | 34.00 Mn |
| Sep 30, 2022 | 41.00 Mn |
| Jun 30, 2022 | 42.00 Mn |
| Mar 31, 2022 | 35.00 Mn |
| Dec 31, 2021 | 50.00 Mn |
| Sep 30, 2021 | 32.00 Mn |
API Access
Nasdaq Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();