Nasdaq (NDAQ) Change in Receivables (2009 - 2026)

Nasdaq's (NDAQ) quarterly Change in Receivables came in at $49.0 million in Q1 2026, up 202.08% year-on-year from $16.2 million in Q1 2025, and down 39.51% quarter-over-quarter from $81.0 million in Q4 2025.

Nasdaq (NDAQ) Change in Receivables (2009 - 2026) Analysis & Trends

Nasdaq has disclosed Change in Receivables across 18 years of filings, most recently posting $49.0 million for Q1 2026.

  • Change in Receivables for Q1 2026 came in at $49.0 million, up 202.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.0 million (down 95.31% YoY), and the FY2025 annual result was -$91.0 million, down 147.15% from the prior year.
  • Change in Receivables came in at $49.0 million for Q1 2026 at Nasdaq, down from $81.0 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $94.0 million in Q4 2024 to a low of -$97.0 million in Q2 2025.
  • The 5-year median for Change in Receivables is $32.0 million (2022), against an average of $14.6 million.
  • Across the five-year window, Change in Receivables jumped 1533.33% in 2024 and sank 382.35% in 2025, its largest moves.
  • Nasdaq's Change in Receivables stood at $32.0 million in 2022, then jumped by 125.0% to $72.0 million in 2023, then surged by 30.56% to $94.0 million in 2024, then declined by 13.83% to $81.0 million in 2025, then plunged by 39.51% to $49.0 million in 2026.
  • The last three Change in Receivables figures came in at $49.0 million (Q1 2026), $81.0 million (Q4 2025), and -$27.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 131.00 Mn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 295.80 Mn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 47.00 Mn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 833.00 Mn
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 49.00 Mn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn -
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn -102.10 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 129.70 Mn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 139.50 Mn
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 31.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 49.00 Mn
Mar 31, 2026 49.00 Mn
Dec 31, 2025 81.00 Mn
Dec 31, 2025 81.00 Mn
Sep 30, 2025 -27.00 Mn
Sep 30, 2025 -27.00 Mn
Jun 30, 2025 -97.00 Mn
Jun 30, 2025 -97.00 Mn
Mar 31, 2025 -48.00 Mn
Mar 31, 2025 -48.00 Mn
Dec 31, 2024 94.00 Mn
Dec 31, 2024 94.00 Mn
Sep 30, 2024 43.00 Mn
Sep 30, 2024 43.00 Mn
Jun 30, 2024 39.00 Mn
Jun 30, 2024 39.00 Mn
Mar 31, 2024 17.00 Mn
Mar 31, 2024 17.00 Mn
Dec 31, 2023 72.00 Mn
Dec 31, 2023 72.00 Mn