Nasdaq (NDAQ) Cash & Equivalents (2009 - 2026)
Nasdaq (NDAQ) posted Cash & Equivalents of $365 million for Q3 2026, down 22.3% from $470 million a year earlier and down 29.8% from the prior quarter.
Powered by 
Analysis
Nasdaq (NDAQ) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, Nasdaq's Cash & Equivalents came in at $604 million, up 2.0% from FY2024.
- Annual Cash & Equivalents shows a five-year compound annual growth rate of -26.1% (FY2020 to FY2025).
- In prior years, Nasdaq's Cash & Equivalents was $592 million in FY2024 (+30.7%), $453 million in FY2023 (-9.8%), $502 million in FY2022 (+27.7%) and $393 million in FY2021 (-85.7%).
- The Q3 2026 figure stands as the lowest quarterly Cash & Equivalents since Q3 2024.
- On a year-over-year basis, Cash & Equivalents has declined in each of the last three quarters, with growth averaging 23.3% over the last eight quarters.
- The strongest year-over-year quarter for Cash & Equivalents in the past five years was Q1 2025, with growth of 77.8%; the weakest was Q3 2024, with a decline of 95.0%.
- According to Business Quant data, Cash & Equivalents for the three prior quarters was $520 million (Q2 2026), $515 million (Q1 2026) and $604 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | 2.20 Bn |
| 2 | Bank of New York Mellon | 101.69 Bn | 35.78 Bn | - | - |
| 3 | Intercontinental Exchange | 98.41 Bn | 92.22 Bn | 1.22 Bn | 936.00 Mn |
| 4 | Robinhood Markets | 73.28 Bn | 52.89 Bn | - | 5.83 Bn |
| 5 | Nasdaq | 61.44 Bn | 58.88 Bn | 1.48 Bn | 365.00 Mn |
| 6 | State Street | 46.84 Bn | 43.46 Bn | - | - |
| 7 | Cboe Global Markets | 38.04 Bn | 28.52 Bn | 712.20 Mn | 2.66 Bn |
| 8 | Interactive Brokers | 35.16 Bn | 18.81 Bn | - | 5.94 Bn |
| 9 | Northern Trust | 32.22 Bn | 32.22 Bn | - | - |
| 10 | Tradeweb Markets | 30.09 Bn | 22.61 Bn | - | 2.11 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 365.00 Mn |
| Jun 30, 2026 | 520.00 Mn |
| Mar 31, 2026 | 515.00 Mn |
| Dec 31, 2025 | 604.00 Mn |
| Sep 30, 2025 | 470.00 Mn |
| Jun 30, 2025 | 732.00 Mn |
| Mar 31, 2025 | 690.00 Mn |
| Dec 31, 2024 | 592.00 Mn |
| Sep 30, 2024 | 266.00 Mn |
| Jun 30, 2024 | 416.00 Mn |
| Mar 31, 2024 | 388.00 Mn |
| Dec 31, 2023 | 453.00 Mn |
| Sep 30, 2023 | 5.34 Bn |
| Jun 30, 2023 | 5.35 Bn |
| Mar 31, 2023 | 373.00 Mn |
| Dec 31, 2022 | 502.00 Mn |
| Sep 30, 2022 | 301.00 Mn |
| Jun 30, 2022 | 454.00 Mn |
| Mar 31, 2022 | 486.00 Mn |
| Dec 31, 2021 | 393.00 Mn |
API Access
Nasdaq Cash & Equivalents 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=cash-and-equivalents&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();