Nasdaq (NDAQ) Deferred Taxes (2009 - 2026)
Nasdaq recorded quarterly Deferred Taxes of $12.0 million in Q1 2026, down 33.33% quarter-over-quarter from $18.0 million in Q4 2025, and up 100.0% year-over-year from $6.0 million in Q1 2025.
Nasdaq's Deferred Taxes history runs 18 years deep, the most recent figure standing at $12.0 million for Q1 2026.
- In Q1 2026, Deferred Taxes rose 100.0% year-over-year to $12.0 million; the TTM figure through Mar 2026 stood at $54.0 million (up 191.53% YoY), while the FY2025 annual figure 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.
- A 5-year average of $5.8 million and a median of $12.0 million in 2023 frame the typical range for Deferred Taxes.
- Across the five-year window, Deferred Taxes tumbled 311.11% in 2024 and soared 460.0% in 2025, its largest moves.
- Nasdaq's Deferred Taxes stood at $21.0 million in 2022, then grew by 14.29% to $24.0 million in 2023, then slumped by 120.83% to -$5.0 million in 2024, then jumped by 460.0% to $18.0 million in 2025, then tumbled by 33.33% to $12.0 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered $12.0 million, $18.0 million, and $18.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | -50.00 Mn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | -13.40 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 140.00 Mn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 23.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 12.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -77.18 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -82.50 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 48.90 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | -16.00 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | -658,000.00 |
Historic Data
Download 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 |
| Dec 31, 2020 | 22.00 Mn |
| Sep 30, 2020 | 22.00 Mn |
| Jun 30, 2020 | -2.00 Mn |
| Mar 31, 2020 | -1.00 Mn |
| Dec 31, 2019 | 56.00 Mn |
| Sep 30, 2019 | -20.00 Mn |
| Jun 30, 2019 | 15.00 Mn |
| Mar 31, 2019 | -16.00 Mn |
| Dec 31, 2018 | 313.00 Mn |
| Sep 30, 2018 | 24.00 Mn |
| Jun 30, 2018 | -27.00 Mn |
| Mar 31, 2018 | -9.00 Mn |
| Dec 31, 2017 | 11.00 Mn |
| Sep 30, 2017 | -12.00 Mn |
| Jun 30, 2017 | -21.00 Mn |
| Mar 31, 2017 | 29.00 Mn |
| Dec 31, 2016 | -127.00 Mn |
| Sep 30, 2016 | -3.00 Mn |
| Jun 30, 2016 | -9.00 Mn |
| Mar 31, 2016 | 2.00 Mn |
| Dec 31, 2015 | 47.00 Mn |
| Sep 30, 2015 | 3.00 Mn |
| Jun 30, 2015 | -9.00 Mn |
| Mar 31, 2015 | -55.00 Mn |
| Dec 31, 2014 | 13.00 Mn |
| Sep 30, 2014 | 2.00 Mn |
| Jun 30, 2014 | -11.00 Mn |
| Mar 31, 2014 | -10.00 Mn |
| Dec 31, 2013 | 43.00 Mn |
| Sep 30, 2013 | 13.00 Mn |
| Jun 30, 2013 | -5.00 Mn |
| Mar 31, 2013 | -23.00 Mn |
| Dec 31, 2012 | 36.00 Mn |
| Sep 30, 2012 | 16.00 Mn |
| Jun 30, 2012 | -28.00 Mn |
| Mar 31, 2012 | -8.00 Mn |
| Sep 30, 2011 | 3.00 Mn |
| Jun 30, 2011 | -10.00 Mn |
| Mar 31, 2011 | -11.00 Mn |
| Dec 31, 2010 | -30.00 Mn |
| Jun 30, 2010 | 4.00 Mn |
| Mar 31, 2010 | -9.00 Mn |
| Dec 31, 2009 | -13.00 Mn |
| Sep 30, 2009 | 38.00 Mn |