Nasdaq (NDAQ) EBITDA (2009 - 2026)

Nasdaq's EBITDA history runs 18 years deep, the most recent figure standing at $657.0 million for Q1 2026.

• In Q1 2026, EBITDA rose 20.11% year-over-year to $657.0 million; the TTM figure through Mar 2026 stood at $2.4 billion (up 26.1% YoY), while the FY2025 annual figure was $2.3 billion, up 29.64% from the prior year.
• EBITDA came in at $657.0 million for Q1 2026 at Nasdaq, up from $629.0 million in the prior quarter.
• In the past five years, EBITDA ranged from a high of $657.0 million in Q1 2026 to a low of $55.0 million in Q4 2023.
• A 5-year average of $448.8 million and a median of $423.0 million in 2024 frame the typical range for EBITDA.
• Across the five-year window, EBITDA plunged 84.24% in 2023 and jumped 840.0% in 2024, its largest moves.
• Nasdaq's EBITDA stood at $349.0 million in 2022, then slumped by 84.24% to $55.0 million in 2023, then surged by 840.0% to $517.0 million in 2024, then advanced by 21.66% to $629.0 million in 2025, then rose by 4.45% to $657.0 million in 2026.
• According to Business Quant data, EBITDA over the past three periods registered $657.0 million, $629.0 million, and $586.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison