Nasdaq (NDAQ) Cash from Operations (2009 - 2026)
Nasdaq's (NDAQ) quarterly Cash from Operations came in at 689000000.0 in Q1 2026, up 3.92% year-on-year from 663000000.0 in Q1 2025, and up 10.24% quarter-over-quarter from 625000000.0 in Q4 2025.
Nasdaq (NDAQ) Cash from Operations (2009 - 2026) Analysis & Trends
Nasdaq has disclosed Cash from Operations across 18 years of filings, most recently posting 689000000.0 for Q1 2026.
- Cash from Operations for Q1 2026 came in at 689000000.0, up 3.92% year-over-year; the trailing twelve-month figure through Mar 2026 was 2281000000.0 (up 10.09% YoY), and the FY2025 annual result was 2255000000.0, up 16.3% from the prior year.
- Cash from Operations came in at 689000000.0 for Q1 2026 at Nasdaq, up from 625000000.0 in the prior quarter.
- In the past five years, Cash from Operations ranged from a high of 746000000.0 in Q2 2025 to a low of 221000000.0 in Q3 2025.
- The 5-year median for Cash from Operations is 494000000.0 (2022), against an average of 487352941.18.
- Across the five-year window, Cash from Operations surged 413.7% in 2022 and declined 18.67% in 2024, its largest moves.
- Nasdaq's Cash from Operations stood at 494000000.0 in 2022, then decreased by 15.59% to 417000000.0 in 2023, then jumped by 69.06% to 705000000.0 in 2024, then dropped by 11.35% to 625000000.0 in 2025, then climbed by 10.24% to 689000000.0 in 2026.
- The last three Cash from Operations figures came in at 689000000.0 (Q1 2026), 625000000.0 (Q4 2025), and 221000000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 1.04 Bn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 1.26 Bn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 939.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 1.33 Bn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 689.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 182.74 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 306.80 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 1.96 Bn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 84.20 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 211.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 689.00 Mn |
| Mar 31, 2026 | 689.00 Mn |
| Dec 31, 2025 | 625.00 Mn |
| Dec 31, 2025 | 625.00 Mn |
| Sep 30, 2025 | 221.00 Mn |
| Sep 30, 2025 | 221.00 Mn |
| Jun 30, 2025 | 746.00 Mn |
| Jun 30, 2025 | 746.00 Mn |
| Mar 31, 2025 | 663.00 Mn |
| Mar 31, 2025 | 663.00 Mn |
| Dec 31, 2024 | 705.00 Mn |
| Dec 31, 2024 | 705.00 Mn |
| Sep 30, 2024 | 244.00 Mn |
| Sep 30, 2024 | 244.00 Mn |
| Jun 30, 2024 | 460.00 Mn |
| Jun 30, 2024 | 460.00 Mn |
| Mar 31, 2024 | 530.00 Mn |
| Mar 31, 2024 | 530.00 Mn |
| Dec 31, 2023 | 417.00 Mn |
| Dec 31, 2023 | 417.00 Mn |