Nasdaq (NDAQ) Change in Account Payables (2009 - 2025)

Nasdaq (NDAQ) posted quarterly Change in Account Payables of -$411.0 million for Q3 2025, down 193.57% year-on-year from $439.2 million in Q3 2024, and down 379.59% on a QoQ basis from $147.0 million in Q2 2025.

Nasdaq (NDAQ) Change in Account Payables (2009 - 2025) Analysis & Trends

Nasdaq (NDAQ) has reported Change in Account Payables for 17 consecutive years, with -$411.0 million the latest figure, recorded in Q3 2025.

  • Quarterly Change in Account Payables fell 193.57% year-over-year to -$411.0 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was -$74.0 million (down 237.04% YoY) and the FY2024 annual result came in at $235.0 million, up 246.88% from the prior year.
  • Change in Account Payables slipped to -$411.0 million in Q3 2025 per NDAQ's latest filing, from $147.0 million in the prior quarter.
  • Over the last five years, Change in Account Payables for NDAQ reached as high as $245.0 million in Q4 2024 and fell as low as -$411.0 million in Q3 2025.
  • A 5-year average of -$11.8 million and a median of -$9.0 million in 2022 frame the typical range for Change in Account Payables.
  • Annual changes were most pronounced in 2023 — Change in Account Payables slumped 1211.11% — and 2024, when it jumped 282.81%.
  • Year by year, Change in Account Payables stood at $48.0 million in 2021, then surged by 277.08% to $181.0 million in 2022, then plunged by 64.64% to $64.0 million in 2023, then soared by 282.81% to $245.0 million in 2024, then tumbled by 267.76% to -$411.0 million in 2025.
  • According to Business Quant data, Change in Account Payables over the past three periods registered -$411.0 million, $147.0 million, and -$55.0 million for Q3 2025, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Bit Origin 1,110.84 Bn 1,110.84 Bn - -
2 S&P Global 130.72 Bn 128.91 Bn 2.94 Bn -
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn -7.40 Mn
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn -
5 Intercontinental Exchange 84.12 Bn 82.38 Bn - -
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn -
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn -
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn 1.40 Mn
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn -
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn 26.70 Mn

Historic Data

Download Data
DateValue
Sep 30, 2025 -411.00 Mn
Sep 30, 2025 -411.00 Mn
Jun 30, 2025 147.00 Mn
Jun 30, 2025 147.00 Mn
Mar 31, 2025 -55.00 Mn
Mar 31, 2025 -55.00 Mn
Dec 31, 2024 245.00 Mn
Dec 31, 2024 245.00 Mn
Sep 30, 2024 -140.00 Mn
Sep 30, 2024 -140.00 Mn
Jun 30, 2024 144.00 Mn
Jun 30, 2024 144.00 Mn
Mar 31, 2024 -14.00 Mn
Mar 31, 2024 -14.00 Mn
Dec 31, 2023 64.00 Mn
Dec 31, 2023 64.00 Mn
Sep 30, 2023 -164.00 Mn
Sep 30, 2023 -164.00 Mn
Jun 30, 2023 58.00 Mn
Jun 30, 2023 58.00 Mn