KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) Divestments (2018 - 2025)

Nasdaq recorded quarterly Divestments of $88.0 million in Q4 2025, up 266.67% quarter-over-quarter from $24.0 million in Q4 2019.

Nasdaq's Divestments history runs 3 years deep, the most recent figure standing at $88.0 million for Q4 2025.

  • In Q4 2025, Divestments changed N/A year-over-year to $88.0 million; the TTM figure through Dec 2025 stood at $88.0 million (changed N/A YoY), while the FY2025 annual figure was $140.0 million, changed N/A from the prior year.
  • Divestments came in at $88.0 million for Q4 2025 at Nasdaq, up from $24.0 million in the prior quarter.
  • In the past five years, Divestments ranged from a high of $88.0 million in Q4 2025 to a low of $88.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 345.00 Mn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn -
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - -
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn -
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn -
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn -
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn -
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn -
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 47.30 Mn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn -

Historic Data

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DateValue
Dec 31, 2025 88.00 Mn
Dec 31, 2019 24.00 Mn
Jun 30, 2019 81.00 Mn
Mar 31, 2019 27.00 Mn
Sep 30, 2018 -8.00 Mn
Jun 30, 2018 294.00 Mn