Nasdaq (NDAQ) EBITDA (2009 - 2026)
Nasdaq (NDAQ) posted EBITDA of $712.0 million for Q2 2026, up 8.37% sequentially from $657.0 million in Q1 2026, and up 25.35% YoY from $568.0 million in Q2 2025.
Nasdaq (NDAQ) EBITDA (2009 - 2026) Analysis & Trends
Nasdaq has reported EBITDA for 18 years, with the latest figure at $712.0 million in Q2 2026.
- Quarterly EBITDA rose 25.35% year-over-year to $712.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.6 billion (up 24.23% YoY) and the FY2025 annual result came in at $2.3 billion, up 29.64% from the prior year.
- EBITDA rose to $712.0 million in Q2 2026 per NDAQ's latest filing, from $657.0 million in the prior quarter.
- Over five years, EBITDA peaked at $712.0 million in Q2 2026 and troughed at $55.0 million in Q4 2023.
- A 5-year average of $463.4 million and a median of $427.0 million in 2023 frame the typical range for EBITDA.
- The sharpest annual moves came in 2023 and 2024: EBITDA sank 84.24% in 2023, then surged 840.0% in 2024.
- Over 5 years, EBITDA stood at $349.0 million in 2022, then tumbled by 84.24% to $55.0 million in 2023, then soared by 840.0% to $517.0 million in 2024, then climbed by 21.66% to $629.0 million in 2025, then rose by 13.2% to $712.0 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $712.0 million, $657.0 million, and $629.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.69 Bn | 123.55 Bn | 2.98 Bn | 1.84 Bn |
| 2 | Cme | 98.38 Bn | 98.38 Bn | 1.65 Bn | 1.14 Bn |
| 3 | Intercontinental Exchange | 91.11 Bn | 89.16 Bn | - | 1.39 Bn |
| 4 | Moodys | 87.75 Bn | 86.26 Bn | 1.67 Bn | 1.05 Bn |
| 5 | Nasdaq | 55.46 Bn | 54.74 Bn | 1.50 Bn | 712.00 Mn |
| 6 | Coinbase Global | 49.95 Bn | 41.16 Bn | 1.16 Bn | -113.49 Mn |
| 7 | Msci | 41.33 Bn | 40.98 Bn | 717.10 Mn | 493.70 Mn |
| 8 | Cboe Global Markets | 31.56 Bn | 29.17 Bn | 731.60 Mn | 487.20 Mn |
| 9 | TransUnion | 16.50 Bn | 15.66 Bn | 765.00 Mn | 258.00 Mn |
| 10 | Factset Research Systems | 10.83 Bn | 10.53 Bn | 310.73 Mn | 166.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 712.00 Mn |
| Mar 31, 2026 | 657.00 Mn |
| Dec 31, 2025 | 629.00 Mn |
| Sep 30, 2025 | 586.00 Mn |
| Jun 30, 2025 | 568.00 Mn |
| Mar 31, 2025 | 547.00 Mn |
| Dec 31, 2024 | 517.00 Mn |
| Sep 30, 2024 | 448.00 Mn |
| Jun 30, 2024 | 423.00 Mn |
| Mar 31, 2024 | 410.00 Mn |
| Dec 31, 2023 | 55.00 Mn |
| Sep 30, 2023 | 431.00 Mn |
| Jun 30, 2023 | 382.00 Mn |
| Mar 31, 2023 | 412.00 Mn |
| Dec 31, 2022 | 349.00 Mn |
| Sep 30, 2022 | 398.00 Mn |
| Jun 30, 2022 | 412.00 Mn |
| Mar 31, 2022 | 405.00 Mn |
| Dec 31, 2021 | 344.00 Mn |
| Sep 30, 2021 | 356.00 Mn |