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Nasdaq (NDAQ) Cash from Financing Activities (2009 - 2026)

Nasdaq recorded quarterly Cash from Financing Activities of -$4.2 billion in Q1 2026, down 637.92% quarter-over-quarter from -$567.0 million in Q4 2025, and down 286.33% year-over-year from $2.2 billion in Q1 2025.

Nasdaq's Cash from Financing Activities history runs 18 years deep, the most recent figure standing at -$4.2 billion for Q1 2026.

  • In Q1 2026, Cash from Financing Activities fell 286.33% year-over-year to -$4.2 billion; the TTM figure through Mar 2026 stood at -$6.1 billion (down 242.23% YoY), while the FY2025 annual figure was -$3.0 billion, down 15.31% from the prior year.
  • Cash from Financing Activities came in at -$4.2 billion for Q1 2026 at Nasdaq, down from -$567.0 million in the prior quarter.
  • In the past five years, Cash from Financing Activities ranged from a high of $5.0 billion in Q2 2023 to a low of -$4.2 billion in Q1 2026.
  • A 5-year average of -$261.3 million and a median of -$458.0 million in 2024 frame the typical range for Cash from Financing Activities.
  • Across the five-year window, Cash from Financing Activities surged 402.07% in 2022 and plunged 2262.5% in 2025, its largest moves.
  • Nasdaq's Cash from Financing Activities stood at -$3.2 billion in 2022, then surged by 137.08% to $1.2 billion in 2023, then tumbled by 102.0% to -$24.0 million in 2024, then slumped by 2262.5% to -$567.0 million in 2025, then tumbled by 637.92% to -$4.2 billion in 2026.
  • According to Business Quant data, Cash from Financing Activities over the past three periods registered -$4.2 billion, -$567.0 million, and $159.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Financing Activities (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn -1.24 Bn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 2.12 Bn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 40.92 Bn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn -1.72 Bn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn -4.18 Bn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn -864.91 Mn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn -364.50 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn -140.20 Mn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 400.90 Mn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn -196.14 Mn

Historic Data

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DateValue
Mar 31, 2026 -4.18 Bn
Mar 31, 2026 -4.18 Bn
Dec 31, 2025 -567.00 Mn
Dec 31, 2025 -567.00 Mn
Sep 30, 2025 159.00 Mn
Sep 30, 2025 159.00 Mn
Jun 30, 2025 -1.46 Bn
Jun 30, 2025 -1.46 Bn
Mar 31, 2025 -1.08 Bn
Mar 31, 2025 -1.08 Bn
Dec 31, 2024 -24.00 Mn
Dec 31, 2024 -24.00 Mn
Sep 30, 2024 -204.00 Mn
Sep 30, 2024 -204.00 Mn
Jun 30, 2024 -458.00 Mn
Jun 30, 2024 -458.00 Mn
Mar 31, 2024 -1.88 Bn
Mar 31, 2024 -1.88 Bn
Dec 31, 2023 1.20 Bn
Dec 31, 2023 1.20 Bn
Sep 30, 2023 -1.40 Bn
Sep 30, 2023 -1.40 Bn
Jun 30, 2023 5.03 Bn
Jun 30, 2023 5.03 Bn
Mar 31, 2023 -613.00 Mn
Mar 31, 2023 -613.00 Mn
Dec 31, 2022 -3.24 Bn
Dec 31, 2022 -3.24 Bn
Sep 30, 2022 1.57 Bn
Sep 30, 2022 1.57 Bn
Jun 30, 2022 2.34 Bn
Jun 30, 2022 2.34 Bn
Mar 31, 2022 368.00 Mn
Mar 31, 2022 368.00 Mn
Dec 31, 2021 1.63 Bn
Dec 31, 2021 1.63 Bn
Sep 30, 2021 397.00 Mn
Sep 30, 2021 397.00 Mn
Jun 30, 2021 -773.00 Mn
Jun 30, 2021 -773.00 Mn
Mar 31, 2021 164.00 Mn
Mar 31, 2021 164.00 Mn
Dec 31, 2020 2.32 Bn
Dec 31, 2020 2.32 Bn
Sep 30, 2020 -114.00 Mn
Sep 30, 2020 -114.00 Mn
Jun 30, 2020 -762.00 Mn
Jun 30, 2020 -762.00 Mn
Mar 31, 2020 468.00 Mn
Mar 31, 2020 468.00 Mn
Dec 31, 2019 -1.74 Bn
Dec 31, 2019 -1.74 Bn
Sep 30, 2019 -156.00 Mn
Sep 30, 2019 -156.00 Mn
Jun 30, 2019 -271.00 Mn
Jun 30, 2019 -271.00 Mn
Mar 31, 2019 -302.00 Mn
Mar 31, 2019 -302.00 Mn
Dec 31, 2018 -121.00 Mn
Dec 31, 2018 -121.00 Mn
Sep 30, 2018 -71.00 Mn
Sep 30, 2018 -71.00 Mn
Jun 30, 2018 -498.00 Mn
Jun 30, 2018 -498.00 Mn
Mar 31, 2018 -337.00 Mn
Mar 31, 2018 -337.00 Mn
Dec 31, 2017 365.00 Mn
Dec 31, 2017 365.00 Mn
Sep 30, 2017 46.00 Mn
Sep 30, 2017 46.00 Mn
Jun 30, 2017 -272.00 Mn
Jun 30, 2017 -272.00 Mn
Mar 31, 2017 -192.00 Mn
Mar 31, 2017 -192.00 Mn
Dec 31, 2016 -69.00 Mn
Dec 31, 2016 -69.00 Mn
Sep 30, 2016 -135.00 Mn
Sep 30, 2016 -135.00 Mn
Jun 30, 2016 1.12 Bn
Jun 30, 2016 1.12 Bn
Mar 31, 2016 28.00 Mn
Mar 31, 2016 28.00 Mn
Dec 31, 2015 -179.00 Mn
Dec 31, 2015 -179.00 Mn
Sep 30, 2015 -133.00 Mn
Sep 30, 2015 -133.00 Mn
Jun 30, 2015 -92.00 Mn
Jun 30, 2015 -92.00 Mn
Mar 31, 2015 4.00 Mn
Mar 31, 2015 4.00 Mn
Dec 31, 2014 -45.00 Mn
Dec 31, 2014 -45.00 Mn
Sep 30, 2014 -42.00 Mn
Sep 30, 2014 -42.00 Mn
Jun 30, 2014 -220.00 Mn
Jun 30, 2014 -220.00 Mn
Mar 31, 2014 -153.00 Mn
Mar 31, 2014 -153.00 Mn
Dec 31, 2013 -109.00 Mn
Dec 31, 2013 -109.00 Mn
Sep 30, 2013 -121.00 Mn
Sep 30, 2013 -121.00 Mn
Jun 30, 2013 812.00 Mn
Jun 30, 2013 812.00 Mn
Mar 31, 2013 -35.00 Mn
Mar 31, 2013 -35.00 Mn
Dec 31, 2012 -76.00 Mn
Dec 31, 2012 -76.00 Mn
Sep 30, 2012 -86.00 Mn
Sep 30, 2012 -86.00 Mn
Jun 30, 2012 -158.00 Mn
Jun 30, 2012 -158.00 Mn
Mar 31, 2012 -159.00 Mn
Mar 31, 2012 -159.00 Mn
Dec 31, 2011 -220.00 Mn
Dec 31, 2011 -220.00 Mn
Sep 30, 2011 -9.00 Mn
Sep 30, 2011 -9.00 Mn
Jun 30, 2011 -69.00 Mn
Jun 30, 2011 -69.00 Mn
Mar 31, 2011 -27.00 Mn
Mar 31, 2011 -27.00 Mn
Dec 31, 2010 -165.00 Mn
Dec 31, 2010 -165.00 Mn
Sep 30, 2010 -172.00 Mn
Sep 30, 2010 -172.00 Mn
Jun 30, 2010 -190.00 Mn
Jun 30, 2010 -190.00 Mn
Mar 31, 2010 -68.00 Mn
Mar 31, 2010 -68.00 Mn
Dec 31, 2009 -4.00 Mn
Dec 31, 2009 -4.00 Mn
Sep 30, 2009 -121.00 Mn
Sep 30, 2009 -121.00 Mn