Nasdaq (NDAQ) Change in Cash (2009 - 2026)
Nasdaq recorded quarterly Change in Cash of -$2.8 billion in Q1 2026, down 451.87% quarter-over-quarter from -$507.0 million in Q4 2025, and down 917.45% year-over-year from $342.3 million in Q1 2025.
Nasdaq's Change in Cash history runs 18 years deep, the most recent figure standing at -$2.8 billion for Q1 2026.
- In Q1 2026, Change in Cash fell 917.45% year-over-year to -$2.8 billion; the TTM figure through Mar 2026 stood at -$3.6 billion (down 620.44% YoY), while the FY2025 annual figure was -$1.1 billion, up 49.24% from the prior year.
- Change in Cash came in at -$2.8 billion for Q1 2026 at Nasdaq, down from -$507.0 million in the prior quarter.
- In the past five years, Change in Cash ranged from a high of $5.0 billion in Q2 2023 to a low of -$3.7 billion in Q4 2023.
- A 5-year average of -$256.5 million and a median of -$275.0 million in 2025 frame the typical range for Change in Cash.
- Across the five-year window, Change in Cash jumped 612.72% in 2022 and slumped 1142.11% in 2024, its largest moves.
- Nasdaq's Change in Cash stood at -$2.2 billion in 2022, then slumped by 65.89% to -$3.7 billion in 2023, then surged by 78.77% to -$789.0 million in 2024, then jumped by 35.74% to -$507.0 million in 2025, then tumbled by 451.87% to -$2.8 billion in 2026.
- According to Business Quant data, Change in Cash over the past three periods registered -$2.8 billion, -$507.0 million, and $240.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 65.00 Mn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 3.35 Bn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 40.82 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | -915.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | -2.80 Bn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -921.23 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -130.00 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 1.74 Bn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | -121.10 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | -7.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 544.00 Mn |
| Jun 30, 2021 | -456.00 Mn |
| Mar 31, 2021 | -2.32 Bn |
| Dec 31, 2020 | 3.14 Bn |
| Sep 30, 2020 | -124.00 Mn |
| Jun 30, 2020 | -303.00 Mn |
| Mar 31, 2020 | 682.00 Mn |
| Dec 31, 2019 | -1.86 Bn |
| Sep 30, 2019 | -30.00 Mn |
| Jun 30, 2019 | -176.00 Mn |
| Mar 31, 2019 | -47.00 Mn |
| Dec 31, 2018 | 210.00 Mn |
| Sep 30, 2018 | 20.00 Mn |
| Jun 30, 2018 | -73.00 Mn |
| Mar 31, 2018 | 30.00 Mn |
| Dec 31, 2017 | -152.00 Mn |
| Sep 30, 2017 | 177.00 Mn |
| Jun 30, 2017 | -90.00 Mn |
| Mar 31, 2017 | 46.00 Mn |
| Dec 31, 2016 | 142.00 Mn |
| Sep 30, 2016 | -90.00 Mn |
| Jun 30, 2016 | 14.00 Mn |
| Mar 31, 2016 | -5.00 Mn |
| Dec 31, 2015 | 18.00 Mn |
| Sep 30, 2015 | -34.00 Mn |
| Jun 30, 2015 | -4.00 Mn |
| Mar 31, 2015 | -99.00 Mn |
| Dec 31, 2014 | 106.00 Mn |
| Sep 30, 2014 | -28.00 Mn |
| Jun 30, 2014 | -70.00 Mn |
| Mar 31, 2014 | -14.00 Mn |
| Dec 31, 2013 | 98.00 Mn |
| Sep 30, 2013 | -79.00 Mn |
| Jun 30, 2013 | -212.00 Mn |
| Mar 31, 2013 | 94.00 Mn |
| Dec 31, 2012 | 59.00 Mn |
| Sep 30, 2012 | -53.00 Mn |
| Jun 30, 2012 | -34.00 Mn |
| Mar 31, 2012 | 19.00 Mn |
| Dec 31, 2011 | -37.00 Mn |
| Sep 30, 2011 | -35.00 Mn |
| Jun 30, 2011 | 139.00 Mn |
| Mar 31, 2011 | 124.00 Mn |
| Dec 31, 2010 | -21.00 Mn |
| Sep 30, 2010 | -190.00 Mn |
| Jun 30, 2010 | -9.00 Mn |
| Mar 31, 2010 | -59.00 Mn |
| Dec 31, 2009 | 283.00 Mn |
| Sep 30, 2009 | -108.00 Mn |