Nasdaq (NDAQ) Deferred Taxes (2009 - 2026)

Nasdaq's (NDAQ) quarterly Deferred Taxes came in at $12.0 million in Q1 2026, up 100.0% year-on-year from $6.0 million in Q1 2025, and down 33.33% quarter-over-quarter from $18.0 million in Q4 2025.

Nasdaq (NDAQ) Deferred Taxes (2009 - 2026) Analysis & Trends

Nasdaq has disclosed Deferred Taxes across 18 years of filings, most recently posting $12.0 million for Q1 2026.

  • Deferred Taxes for Q1 2026 came in at $12.0 million, up 100.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $54.0 million (up 191.53% YoY), and the FY2025 annual result was $48.0 million, up 171.64% from the prior year.
  • Deferred Taxes came in at $12.0 million for Q1 2026 at Nasdaq, down from $18.0 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $24.0 million in Q4 2023 to a low of -$38.0 million in Q2 2024.
  • The 5-year median for Deferred Taxes is $12.0 million (2023), against an average of $5.8 million.
  • Across the five-year window, Deferred Taxes plunged 311.11% in 2024 and surged 460.0% in 2025, its largest moves.
  • Nasdaq's Deferred Taxes stood at $21.0 million in 2022, then climbed by 14.29% to $24.0 million in 2023, then tumbled by 120.83% to -$5.0 million in 2024, then soared by 460.0% to $18.0 million in 2025, then plunged by 33.33% to $12.0 million in 2026.
  • The last three Deferred Taxes figures came in at $12.0 million (Q1 2026), $18.0 million (Q4 2025), and $18.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn -50.00 Mn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn -13.40 Mn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 23.00 Mn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 140.00 Mn
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 12.00 Mn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn -77.18 Mn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn -82.50 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 48.90 Mn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn -16.00 Mn
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn -658,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 12.00 Mn
Dec 31, 2025 18.00 Mn
Sep 30, 2025 18.00 Mn
Jun 30, 2025 6.00 Mn
Mar 31, 2025 6.00 Mn
Dec 31, 2024 -5.00 Mn
Sep 30, 2024 -22.00 Mn
Jun 30, 2024 -38.00 Mn
Mar 31, 2024 -2.00 Mn
Dec 31, 2023 24.00 Mn
Sep 30, 2023 14.00 Mn
Jun 30, 2023 18.00 Mn
Mar 31, 2023 12.00 Mn
Dec 31, 2022 21.00 Mn
Sep 30, 2022 -18.00 Mn
Jun 30, 2022 18.00 Mn
Mar 31, 2022 17.00 Mn
Sep 30, 2021 39.00 Mn
Jun 30, 2021 35.00 Mn
Mar 31, 2021 20.00 Mn