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| 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 |