Nasdaq (NDAQ) Ending Cash Balance (2013 - 2026)
Nasdaq's Ending Cash Balance came in at $1.15 billion for Q3 2026, down 74.1% from $4.44 billion a year earlier but up 43.5% from the prior quarter.
Powered by 
Analysis
Nasdaq (NDAQ) Ending Cash Balance (2013 - 2026) Analysis & Trends
For FY2025, Nasdaq's Ending Cash Balance was $3.93 billion, down 21.4% from FY2024.
- Ending Cash Balance carries a five-year compound annual growth rate of -8.0% (FY2020 to FY2025).
- Going back by year, Ending Cash Balance was $5.01 billion in FY2024 (-29.7%), $7.12 billion in FY2023 (+1.8%), $6.99 billion in FY2022 (+27.3%) and $5.5 billion in FY2021 (-8.1%).
- The five-year range for quarterly Ending Cash Balance is $800 million (Q2 2026) to $11.87 billion (Q2 2023).
- Year-over-year, Ending Cash Balance has declined for 11 consecutive quarters, with an average decline of 42.3% over the last eight quarters.
- The fastest year-over-year change in Ending Cash Balance over five years came in Q2 2022 (growth of 157.6%), and the weakest in Q2 2026 (a decline of 81.0%).
- Business Quant data shows NDAQ's Ending Cash Balance at $800 million (Q2 2026), $1.14 billion (Q1 2026) and $3.93 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Ending Cash Balance (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.59 Bn | 97.93 Bn | - | 157.38 Bn |
| 2 | Bank of New York Mellon | 100.46 Bn | 34.08 Bn | - | 9.71 Bn |
| 3 | Intercontinental Exchange | 97.18 Bn | 90.07 Bn | - | 118.70 Bn |
| 4 | Robinhood Markets | 72.63 Bn | 52.17 Bn | - | 14.75 Bn |
| 5 | Nasdaq | 59.89 Bn | 57.32 Bn | 1.48 Bn | 1.15 Bn |
| 6 | State Street | 45.42 Bn | 45.42 Bn | - | 4.80 Bn |
| 7 | Cboe Global Markets | 36.91 Bn | 27.39 Bn | 712.20 Mn | 5.74 Bn |
| 8 | Interactive Brokers | 34.30 Bn | 10.61 Bn | - | - |
| 9 | Northern Trust | 31.46 Bn | 31.46 Bn | - | 6.44 Bn |
| 10 | Tradeweb Markets | 27.14 Bn | 18.94 Bn | - | 2.12 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.15 Bn |
| Jun 30, 2026 | 800.00 Mn |
| Mar 31, 2026 | 1.14 Bn |
| Dec 31, 2025 | 3.93 Bn |
| Sep 30, 2025 | 4.44 Bn |
| Jun 30, 2025 | 4.20 Bn |
| Mar 31, 2025 | 4.73 Bn |
| Dec 31, 2024 | 5.01 Bn |
| Sep 30, 2024 | 5.80 Bn |
| Jun 30, 2024 | 5.48 Bn |
| Mar 31, 2024 | 5.23 Bn |
| Dec 31, 2023 | 7.12 Bn |
| Sep 30, 2023 | 10.83 Bn |
| Jun 30, 2023 | 11.87 Bn |
| Mar 31, 2023 | 6.84 Bn |
| Dec 31, 2022 | 6.99 Bn |
| Sep 30, 2022 | 9.23 Bn |
| Jun 30, 2022 | 8.25 Bn |
| Mar 31, 2022 | 5.92 Bn |
| Dec 31, 2021 | 5.50 Bn |
API Access
Nasdaq Ending Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ending-cash-balance&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ending-cash-balance", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ending-cash-balance&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();