Nasdaq (NDAQ) Deferred Taxes (2009 - 2026)
Nasdaq (NDAQ) posted Deferred Taxes of $32 million for Q3 2026, up 77.8% from $18 million a year earlier.
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Analysis
Nasdaq (NDAQ) Deferred Taxes (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Deferred Taxes at Nasdaq was $62 million, up 148.0% year-over-year; for FY2025, it was $48 million.
- Annual Deferred Taxes shows a five-year compound annual growth rate of 3.2% (FY2020 to FY2025).
- In prior years, Nasdaq's Deferred Taxes was -$67 million in FY2024, $68 million in FY2023 (+78.9%), $38 million in FY2022 (-59.6%) and $94 million in FY2021 (+129.3%).
- The Q3 2026 figure stands as the highest quarterly Deferred Taxes since Q3 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | -4.20 Mn |
| 2 | Bank of New York Mellon | 101.69 Bn | 35.78 Bn | - | -22.00 Mn |
| 3 | Intercontinental Exchange | 98.41 Bn | 92.22 Bn | 1.22 Bn | 14.00 Mn |
| 4 | Robinhood Markets | 73.28 Bn | 52.89 Bn | - | 61.00 Mn |
| 5 | Nasdaq | 61.44 Bn | 58.88 Bn | 1.48 Bn | 32.00 Mn |
| 6 | State Street | 46.84 Bn | 43.46 Bn | - | 52.00 Mn |
| 7 | Cboe Global Markets | 38.04 Bn | 28.52 Bn | 712.20 Mn | 12.60 Mn |
| 8 | Interactive Brokers | 35.16 Bn | 18.81 Bn | - | 1.00 Mn |
| 9 | Northern Trust | 32.22 Bn | 32.22 Bn | - | - |
| 10 | Tradeweb Markets | 30.09 Bn | 22.61 Bn | - | 20.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.00 Mn |
| 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 |
API Access
Nasdaq Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();