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| Date | Value |
|---|---|
| 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 |