Nasdaq (NDAQ) Change in Account Payables (2009 - 2025)
Nasdaq recorded quarterly Change in Account Payables of -$411.0 million in Q3 2025, down 379.59% quarter-over-quarter from $147.0 million in Q2 2025, and down 193.57% year-over-year from $439.2 million in Q3 2024.
Nasdaq's Change in Account Payables history runs 17 years deep, the most recent figure standing at -$411.0 million for Q3 2025.
- In Q3 2025, Change in Account Payables fell 193.57% year-over-year to -$411.0 million; the TTM figure through Sep 2025 stood at -$74.0 million (down 237.04% YoY), while the FY2024 annual figure was $235.0 million, up 246.88% from the prior year.
- Change in Account Payables came in at -$411.0 million for Q3 2025 at Nasdaq, down from $147.0 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $245.0 million in Q4 2024 to a low of -$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.
- Across the five-year window, Change in Account Payables sank 1211.11% in 2023 and jumped 282.81% in 2024, its largest moves.
- Nasdaq's Change in Account Payables stood at $48.0 million in 2021, then jumped by 277.08% to $181.0 million in 2022, then slumped by 64.64% to $64.0 million in 2023, then surged by 282.81% to $245.0 million in 2024, then sank 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 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | - |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 3.60 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | - |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | - |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | - |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | - |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -6.20 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | - |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 26.70 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2023 | -118.00 Mn |
| Mar 31, 2023 | -118.00 Mn |
| Dec 31, 2022 | 181.00 Mn |
| Dec 31, 2022 | 181.00 Mn |
| Sep 30, 2022 | -113.00 Mn |
| Sep 30, 2022 | -113.00 Mn |
| Jun 30, 2022 | 122.00 Mn |
| Jun 30, 2022 | 122.00 Mn |
| Mar 31, 2022 | -9.00 Mn |
| Mar 31, 2022 | -9.00 Mn |
| Dec 31, 2021 | 48.00 Mn |
| Dec 31, 2021 | 48.00 Mn |
| Sep 30, 2021 | -158.00 Mn |
| Sep 30, 2021 | -158.00 Mn |
| Jun 30, 2021 | 41.00 Mn |
| Jun 30, 2021 | 41.00 Mn |
| Mar 31, 2021 | -93.00 Mn |
| Mar 31, 2021 | -93.00 Mn |
| Dec 31, 2020 | 161.00 Mn |
| Dec 31, 2020 | 161.00 Mn |
| Sep 30, 2020 | -255.00 Mn |
| Sep 30, 2020 | -255.00 Mn |
| Jun 30, 2020 | 157.00 Mn |
| Jun 30, 2020 | 157.00 Mn |
| Mar 31, 2020 | 29.00 Mn |
| Mar 31, 2020 | 29.00 Mn |
| Dec 31, 2019 | 98.00 Mn |
| Dec 31, 2019 | 98.00 Mn |
| Sep 30, 2019 | -136.00 Mn |
| Sep 30, 2019 | -136.00 Mn |
| Jun 30, 2019 | 101.00 Mn |
| Jun 30, 2019 | 101.00 Mn |
| Mar 31, 2019 | -40.00 Mn |
| Mar 31, 2019 | -40.00 Mn |
| Dec 31, 2018 | 88.00 Mn |
| Dec 31, 2018 | 88.00 Mn |
| Sep 30, 2018 | -204.00 Mn |
| Sep 30, 2018 | -204.00 Mn |
| Jun 30, 2018 | 97.00 Mn |
| Jun 30, 2018 | 97.00 Mn |
| Dec 31, 2017 | 97.00 Mn |
| Dec 31, 2017 | 97.00 Mn |
| Sep 30, 2017 | -138.00 Mn |
| Sep 30, 2017 | -138.00 Mn |
| Jun 30, 2017 | 88.00 Mn |
| Jun 30, 2017 | 88.00 Mn |
| Mar 31, 2017 | -27.00 Mn |
| Mar 31, 2017 | -27.00 Mn |
| Dec 31, 2016 | 82.00 Mn |
| Dec 31, 2016 | 82.00 Mn |
| Sep 30, 2016 | -134.00 Mn |
| Sep 30, 2016 | -134.00 Mn |
| Jun 30, 2016 | 75.00 Mn |
| Jun 30, 2016 | 75.00 Mn |
| Mar 31, 2016 | -18.00 Mn |
| Mar 31, 2016 | -18.00 Mn |
| Dec 31, 2015 | 73.00 Mn |
| Dec 31, 2015 | 73.00 Mn |
| Sep 30, 2015 | -122.00 Mn |
| Sep 30, 2015 | -122.00 Mn |
| Jun 30, 2015 | 65.00 Mn |
| Jun 30, 2015 | 65.00 Mn |
| Mar 31, 2015 | -42.00 Mn |
| Mar 31, 2015 | -42.00 Mn |
| Dec 31, 2014 | 98.00 Mn |
| Dec 31, 2014 | 98.00 Mn |
| Sep 30, 2014 | -128.00 Mn |
| Sep 30, 2014 | -128.00 Mn |
| Jun 30, 2014 | 80.00 Mn |
| Jun 30, 2014 | 80.00 Mn |
| Mar 31, 2014 | -8.00 Mn |
| Mar 31, 2014 | -8.00 Mn |
| Dec 31, 2013 | 63.00 Mn |
| Dec 31, 2013 | 63.00 Mn |
| Sep 30, 2013 | -126.00 Mn |
| Sep 30, 2013 | -126.00 Mn |
| Jun 30, 2013 | 74.00 Mn |
| Jun 30, 2013 | 74.00 Mn |
| Mar 31, 2013 | -26.00 Mn |
| Mar 31, 2013 | -26.00 Mn |
| Dec 31, 2012 | 73.00 Mn |
| Dec 31, 2012 | 73.00 Mn |
| Sep 30, 2012 | -132.00 Mn |
| Sep 30, 2012 | -132.00 Mn |
| Jun 30, 2012 | 87.00 Mn |
| Jun 30, 2012 | 87.00 Mn |
| Mar 31, 2012 | -37.00 Mn |
| Mar 31, 2012 | -37.00 Mn |
| Dec 31, 2011 | 76.00 Mn |
| Dec 31, 2011 | 76.00 Mn |
| Sep 30, 2011 | -117.00 Mn |
| Sep 30, 2011 | -117.00 Mn |
| Jun 30, 2011 | 77.00 Mn |
| Jun 30, 2011 | 77.00 Mn |
| Mar 31, 2011 | -12.00 Mn |
| Mar 31, 2011 | -12.00 Mn |
| Dec 31, 2010 | 63.00 Mn |
| Dec 31, 2010 | 63.00 Mn |
| Mar 31, 2010 | -80.00 Mn |
| Mar 31, 2010 | -80.00 Mn |
| Dec 31, 2009 | 96.00 Mn |
| Dec 31, 2009 | 96.00 Mn |
| Sep 30, 2009 | -72.00 Mn |
| Sep 30, 2009 | -72.00 Mn |