Nasdaq (NDAQ) Change in Receivables (2009 - 2026)
Nasdaq recorded quarterly Change in Receivables of $49.0 million in Q1 2026, down 39.51% quarter-over-quarter from $81.0 million in Q4 2025, and up 202.08% year-over-year from $16.2 million in Q1 2025.
Nasdaq's Change in Receivables history runs 18 years deep, the most recent figure standing at $49.0 million for Q1 2026.
- In Q1 2026, Change in Receivables rose 202.08% year-over-year to $49.0 million; the TTM figure through Mar 2026 stood at $6.0 million (down 95.31% YoY), while the FY2025 annual figure 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.
- A 5-year average of $14.6 million and a median of $32.0 million in 2022 frame the typical range for Change in Receivables.
- Across the five-year window, Change in Receivables surged 1533.33% in 2024 and plunged 382.35% in 2025, its largest moves.
- Nasdaq's Change in Receivables stood at $32.0 million in 2022, then surged by 125.0% to $72.0 million in 2023, then soared by 30.56% to $94.0 million in 2024, then fell by 13.83% to $81.0 million in 2025, then tumbled by 39.51% to $49.0 million in 2026.
- According to Business Quant data, Change in Receivables over the past three periods registered $49.0 million, $81.0 million, and -$27.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 131.00 Mn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 295.80 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 833.00 Mn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 47.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 49.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | - |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -102.10 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 129.70 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 139.50 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 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 |
| Sep 30, 2023 | -3.00 Mn |
| Sep 30, 2023 | -3.00 Mn |
| Jun 30, 2023 | -62.00 Mn |
| Jun 30, 2023 | -62.00 Mn |
| Mar 31, 2023 | -10.00 Mn |
| Mar 31, 2023 | -10.00 Mn |
| Dec 31, 2022 | 32.00 Mn |
| Dec 31, 2022 | 32.00 Mn |
| Sep 30, 2022 | -6.00 Mn |
| Sep 30, 2022 | -6.00 Mn |
| Jun 30, 2022 | 36.00 Mn |
| Jun 30, 2022 | 36.00 Mn |
| Mar 31, 2022 | 39.00 Mn |
| Mar 31, 2022 | 39.00 Mn |
| Dec 31, 2021 | 38.00 Mn |
| Dec 31, 2021 | 38.00 Mn |
| Sep 30, 2021 | -8.00 Mn |
| Sep 30, 2021 | -8.00 Mn |
| Jun 30, 2021 | -18.00 Mn |
| Jun 30, 2021 | -18.00 Mn |
| Mar 31, 2021 | -6.00 Mn |
| Mar 31, 2021 | -6.00 Mn |
| Dec 31, 2020 | 58.00 Mn |
| Dec 31, 2020 | 58.00 Mn |
| Sep 30, 2020 | -18.00 Mn |
| Sep 30, 2020 | -18.00 Mn |
| Jun 30, 2020 | -47.00 Mn |
| Jun 30, 2020 | -47.00 Mn |
| Mar 31, 2020 | 174.00 Mn |
| Mar 31, 2020 | 174.00 Mn |
| Dec 31, 2019 | 35.00 Mn |
| Dec 31, 2019 | 35.00 Mn |
| Sep 30, 2019 | -13.00 Mn |
| Sep 30, 2019 | -13.00 Mn |
| Jun 30, 2019 | -30.00 Mn |
| Jun 30, 2019 | -30.00 Mn |
| Mar 31, 2019 | 50.00 Mn |
| Mar 31, 2019 | 50.00 Mn |
| Dec 31, 2018 | 24.00 Mn |
| Dec 31, 2018 | 24.00 Mn |
| Sep 30, 2018 | -41.00 Mn |
| Sep 30, 2018 | -41.00 Mn |
| Jun 30, 2018 | -75.00 Mn |
| Jun 30, 2018 | -75.00 Mn |
| Mar 31, 2018 | 127.00 Mn |
| Mar 31, 2018 | 127.00 Mn |
| Dec 31, 2017 | 19.00 Mn |
| Dec 31, 2017 | 19.00 Mn |
| Sep 30, 2017 | -47.00 Mn |
| Sep 30, 2017 | -47.00 Mn |
| Jun 30, 2017 | -12.00 Mn |
| Jun 30, 2017 | -12.00 Mn |
| Mar 31, 2017 | 29.00 Mn |
| Mar 31, 2017 | 29.00 Mn |
| Dec 31, 2016 | -20.00 Mn |
| Dec 31, 2016 | -20.00 Mn |
| Sep 30, 2016 | -59.00 Mn |
| Sep 30, 2016 | -59.00 Mn |
| Jun 30, 2016 | 1.00 Mn |
| Jun 30, 2016 | 1.00 Mn |
| Mar 31, 2016 | 5.00 Mn |
| Mar 31, 2016 | 5.00 Mn |
| Dec 31, 2015 | 41.00 Mn |
| Dec 31, 2015 | 41.00 Mn |
| Sep 30, 2015 | -42.00 Mn |
| Sep 30, 2015 | -42.00 Mn |
| Jun 30, 2015 | -18.00 Mn |
| Jun 30, 2015 | -18.00 Mn |
| Mar 31, 2015 | -36.00 Mn |
| Mar 31, 2015 | -36.00 Mn |
| Dec 31, 2014 | 23.00 Mn |
| Dec 31, 2014 | 23.00 Mn |
| Sep 30, 2014 | -17.00 Mn |
| Sep 30, 2014 | -17.00 Mn |
| Jun 30, 2014 | -32.00 Mn |
| Jun 30, 2014 | -32.00 Mn |
| Mar 31, 2014 | 42.00 Mn |
| Mar 31, 2014 | 42.00 Mn |
| Dec 31, 2013 | 19.00 Mn |
| Dec 31, 2013 | 19.00 Mn |
| Sep 30, 2013 | 14.00 Mn |
| Sep 30, 2013 | 14.00 Mn |
| Jun 30, 2013 | 36.00 Mn |
| Jun 30, 2013 | 36.00 Mn |
| Mar 31, 2013 | -14.00 Mn |
| Mar 31, 2013 | -14.00 Mn |
| Dec 31, 2012 | 4.00 Mn |
| Dec 31, 2012 | 4.00 Mn |
| Sep 30, 2012 | -9.00 Mn |
| Sep 30, 2012 | -9.00 Mn |
| Jun 30, 2012 | 15.00 Mn |
| Jun 30, 2012 | 15.00 Mn |
| Mar 31, 2012 | 20.00 Mn |
| Mar 31, 2012 | 20.00 Mn |
| Dec 31, 2011 | -33.00 Mn |
| Dec 31, 2011 | -33.00 Mn |
| Sep 30, 2011 | 1.00 Mn |
| Sep 30, 2011 | 1.00 Mn |
| Jun 30, 2011 | 17.00 Mn |
| Jun 30, 2011 | 17.00 Mn |
| Mar 31, 2011 | 26.00 Mn |
| Mar 31, 2011 | 26.00 Mn |
| Dec 31, 2010 | -13.00 Mn |
| Dec 31, 2010 | -13.00 Mn |
| Sep 30, 2010 | -63.00 Mn |
| Sep 30, 2010 | -63.00 Mn |
| Jun 30, 2010 | -9.00 Mn |
| Jun 30, 2010 | -9.00 Mn |
| Mar 31, 2010 | 80.00 Mn |
| Mar 31, 2010 | 80.00 Mn |
| Dec 31, 2009 | -73.00 Mn |
| Dec 31, 2009 | -73.00 Mn |
| Sep 30, 2009 | -9.00 Mn |
| Sep 30, 2009 | -9.00 Mn |