KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) Cash from Operations (2009 - 2026)

Nasdaq recorded quarterly Cash from Operations of 689000000.0 in Q1 2026, up 10.24% quarter-over-quarter from 625000000.0 in Q4 2025, and up 3.92% year-over-year from 663000000.0 in Q1 2025.

Nasdaq's Cash from Operations history runs 18 years deep, the most recent figure standing at 689000000.0 for Q1 2026.

  • In Q1 2026, Cash from Operations rose 3.92% year-over-year to 689000000.0; the TTM figure through Mar 2026 stood at 2281000000.0 (up 10.09% YoY), while the FY2025 annual figure 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.
  • A 5-year average of 487352941.18 and a median of 494000000.0 in 2022 frame the typical range for Cash from Operations.
  • Across the five-year window, Cash from Operations soared 413.7% in 2022 and fell 18.67% in 2024, its largest moves.
  • Nasdaq's Cash from Operations stood at 494000000.0 in 2022, then slipped by 15.59% to 417000000.0 in 2023, then surged by 69.06% to 705000000.0 in 2024, then declined by 11.35% to 625000000.0 in 2025, then grew by 10.24% to 689000000.0 in 2026.
  • According to Business Quant data, Cash from Operations over the past three periods registered 689000000.0, 625000000.0, and 221000000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 1.04 Bn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 1.26 Bn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 1.33 Bn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 939.00 Mn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 689.00 Mn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 182.74 Mn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 306.80 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 1.96 Bn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 84.20 Mn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 211.69 Mn

Historic Data

Download Data 🔒
DateValue
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
Sep 30, 2023 300.00 Mn
Sep 30, 2023 300.00 Mn
Jun 30, 2023 414.00 Mn
Jun 30, 2023 414.00 Mn
Mar 31, 2023 565.00 Mn
Mar 31, 2023 565.00 Mn
Dec 31, 2022 494.00 Mn
Dec 31, 2022 494.00 Mn
Sep 30, 2022 232.00 Mn
Sep 30, 2022 232.00 Mn
Jun 30, 2022 375.00 Mn
Jun 30, 2022 375.00 Mn
Mar 31, 2022 605.00 Mn
Mar 31, 2022 605.00 Mn
Dec 31, 2021 384.00 Mn
Dec 31, 2021 384.00 Mn
Sep 30, 2021 232.00 Mn
Sep 30, 2021 232.00 Mn
Jun 30, 2021 73.00 Mn
Jun 30, 2021 73.00 Mn
Mar 31, 2021 394.00 Mn
Mar 31, 2021 394.00 Mn
Dec 31, 2020 435.00 Mn
Dec 31, 2020 435.00 Mn
Sep 30, 2020 -4.00 Mn
Sep 30, 2020 -4.00 Mn
Jun 30, 2020 441.00 Mn
Jun 30, 2020 441.00 Mn
Mar 31, 2020 380.00 Mn
Mar 31, 2020 380.00 Mn
Dec 31, 2019 339.00 Mn
Dec 31, 2019 339.00 Mn
Sep 30, 2019 101.00 Mn
Sep 30, 2019 101.00 Mn
Jun 30, 2019 186.00 Mn
Jun 30, 2019 186.00 Mn
Mar 31, 2019 337.00 Mn
Mar 31, 2019 337.00 Mn
Dec 31, 2018 360.00 Mn
Dec 31, 2018 360.00 Mn
Sep 30, 2018 14.00 Mn
Sep 30, 2018 14.00 Mn
Jun 30, 2018 279.00 Mn
Jun 30, 2018 279.00 Mn
Mar 31, 2018 375.00 Mn
Mar 31, 2018 375.00 Mn
Dec 31, 2017 300.00 Mn
Dec 31, 2017 300.00 Mn
Sep 30, 2017 95.00 Mn
Sep 30, 2017 95.00 Mn
Jun 30, 2017 270.00 Mn
Jun 30, 2017 270.00 Mn
Mar 31, 2017 244.00 Mn
Mar 31, 2017 244.00 Mn
Dec 31, 2016 284.00 Mn
Dec 31, 2016 284.00 Mn
Sep 30, 2016 63.00 Mn
Sep 30, 2016 63.00 Mn
Jun 30, 2016 174.00 Mn
Jun 30, 2016 174.00 Mn
Mar 31, 2016 255.00 Mn
Mar 31, 2016 255.00 Mn
Dec 31, 2015 255.00 Mn
Dec 31, 2015 255.00 Mn
Sep 30, 2015 66.00 Mn
Sep 30, 2015 66.00 Mn
Jun 30, 2015 175.00 Mn
Jun 30, 2015 175.00 Mn
Mar 31, 2015 231.00 Mn
Mar 31, 2015 231.00 Mn
Dec 31, 2014 225.00 Mn
Dec 31, 2014 225.00 Mn
Sep 30, 2014 24.00 Mn
Sep 30, 2014 24.00 Mn
Jun 30, 2014 200.00 Mn
Jun 30, 2014 200.00 Mn
Mar 31, 2014 183.00 Mn
Mar 31, 2014 183.00 Mn
Dec 31, 2013 237.00 Mn
Dec 31, 2013 237.00 Mn
Sep 30, 2013 82.00 Mn
Sep 30, 2013 82.00 Mn
Jun 30, 2013 106.00 Mn
Jun 30, 2013 106.00 Mn
Mar 31, 2013 149.00 Mn
Mar 31, 2013 149.00 Mn
Dec 31, 2012 232.00 Mn
Dec 31, 2012 232.00 Mn
Sep 30, 2012 38.00 Mn
Sep 30, 2012 38.00 Mn
Jun 30, 2012 210.00 Mn
Jun 30, 2012 210.00 Mn
Mar 31, 2012 108.00 Mn
Mar 31, 2012 108.00 Mn
Dec 31, 2011 233.00 Mn
Dec 31, 2011 233.00 Mn
Sep 30, 2011 6.00 Mn
Sep 30, 2011 6.00 Mn
Jun 30, 2011 259.00 Mn
Jun 30, 2011 259.00 Mn
Mar 31, 2011 171.00 Mn
Mar 31, 2011 171.00 Mn
Dec 31, 2010 183.00 Mn
Dec 31, 2010 183.00 Mn
Sep 30, 2010 34.00 Mn
Sep 30, 2010 34.00 Mn
Jun 30, 2010 239.00 Mn
Jun 30, 2010 239.00 Mn
Mar 31, 2010 -16.00 Mn
Mar 31, 2010 -16.00 Mn
Dec 31, 2009 354.00 Mn
Dec 31, 2009 354.00 Mn
Sep 30, 2009 4.00 Mn
Sep 30, 2009 4.00 Mn