Nasdaq (NDAQ) Change in Account Payables (2009 - 2025)
Nasdaq's (NDAQ) quarterly Change in Account Payables came in at -$411.0 million in Q3 2025, down 193.57% year-on-year from $439.2 million in Q3 2024, and down 379.59% quarter-over-quarter from $147.0 million in Q2 2025.
Nasdaq (NDAQ) Change in Account Payables (2009 - 2025) Analysis & Trends
Nasdaq has disclosed Change in Account Payables across 17 years of filings, most recently posting -$411.0 million for Q3 2025.
- Change in Account Payables for Q3 2025 came in at -$411.0 million, down 193.57% year-over-year; the trailing twelve-month figure through Sep 2025 was -$74.0 million (down 237.04% YoY), and the FY2024 annual result 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.
- The 5-year median for Change in Account Payables is -$9.0 million (2022), against an average of -$11.8 million.
- Across the five-year window, Change in Account Payables slumped 1211.11% in 2023 and soared 282.81% in 2024, its largest moves.
- Nasdaq's Change in Account Payables stood at $48.0 million in 2021, then soared by 277.08% to $181.0 million in 2022, then tumbled by 64.64% to $64.0 million in 2023, then jumped by 282.81% to $245.0 million in 2024, then slumped by 267.76% to -$411.0 million in 2025.
- The last three Change in Account Payables figures came in at -$411.0 million (Q3 2025), $147.0 million (Q2 2025), and -$55.0 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | - |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 3.60 Mn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | - |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | - |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | - |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | - |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | -6.20 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | - |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 26.70 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 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 |