Nasdaq (NDAQ) Change in Cash (2009 - 2026)
Nasdaq's Change in Cash was $348 million in Q3 2026, up 45.0% from $240 million a year earlier.
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Analysis
Nasdaq (NDAQ) Change in Cash (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nasdaq's Change in Cash was -$3.29 billion through Sep 30, 2026; for FY2025, it came in at -$1.07 billion.
- In earlier years, Change in Cash was -$2.11 billion in FY2024, $124 million in FY2023 (-91.7%), $1.5 billion in FY2022 and -$483 million in FY2021.
- The Q3 2026 figure marks the highest quarterly Change in Cash since Q2 2023.
- Per Business Quant data, NDAQ's Change in Cash in the three quarters before Q3 2026 was -$336 million (Q2 2026), -$2.8 billion (Q1 2026) and -$507 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.27 Bn | 97.61 Bn | - | -2.88 Bn |
| 2 | Bank of New York Mellon | 98.55 Bn | 37.92 Bn | - | 1.90 Bn |
| 3 | Intercontinental Exchange | 91.26 Bn | 85.07 Bn | - | -2.88 Bn |
| 4 | Robinhood Markets | 85.47 Bn | 66.56 Bn | - | 1.85 Bn |
| 5 | Nasdaq | 57.27 Bn | 54.71 Bn | 1.48 Bn | 348.00 Mn |
| 6 | State Street | 46.11 Bn | 46.11 Bn | - | -2.23 Bn |
| 7 | Interactive Brokers | 36.17 Bn | 29.63 Bn | - | 5.81 Bn |
| 8 | Cboe Global Markets | 35.59 Bn | 27.25 Bn | 731.60 Mn | -689.50 Mn |
| 9 | Northern Trust | 30.73 Bn | 30.73 Bn | - | -79.10 Mn |
| 10 | Tradeweb Markets | 28.70 Bn | 21.41 Bn | - | 120.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 348.00 Mn |
| Jun 30, 2026 | -336.00 Mn |
| Mar 31, 2026 | -2.80 Bn |
| Dec 31, 2025 | -507.00 Mn |
| Sep 30, 2025 | 240.00 Mn |
| Jun 30, 2025 | -530.00 Mn |
| Mar 31, 2025 | -275.00 Mn |
| Dec 31, 2024 | -789.00 Mn |
| Sep 30, 2024 | 318.00 Mn |
| Jun 30, 2024 | 247.00 Mn |
| Mar 31, 2024 | -1.89 Bn |
| Dec 31, 2023 | -3.72 Bn |
| Sep 30, 2023 | -1.03 Bn |
| Jun 30, 2023 | 5.03 Bn |
| Mar 31, 2023 | -152.00 Mn |
| Dec 31, 2022 | -2.24 Bn |
| Sep 30, 2022 | 981.00 Mn |
| Jun 30, 2022 | 2.34 Bn |
| Mar 31, 2022 | 419.00 Mn |
| Dec 31, 2021 | 1.75 Bn |
API Access
Nasdaq Change in Cash API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-cash&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-cash", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-cash&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();