Nasdaq (NDAQ) Deferred Taxes (2009 - 2026)
Nasdaq (NDAQ) posted Deferred Taxes of $12 million for Q1 2026, up 100.0% from $6 million a year earlier but down 33.3% from the prior quarter.
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Analysis
Nasdaq (NDAQ) Deferred Taxes (2009 - 2026) Analysis & Trends
For FY2025, Nasdaq's Deferred Taxes came in at $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%).
- Quarterly Deferred Taxes has run from a low of -$38 million in Q2 2024 to a high of $39 million in Q3 2021 over five years.
- According to Business Quant data, Deferred Taxes for the three prior quarters was $18 million (Q4 2025), $18 million (Q3 2025) and $6 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | -32.00 Mn |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | -75.00 Mn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 5.20 Mn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | -11.00 Mn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | - |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | 72.00 Mn |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 10.00 Mn |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | - |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 4.10 Mn |
| 10 | LPL Financial Holdings | 24.08 Bn | 19.40 Bn | - | 26.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
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();