Nasdaq NDAQ
NASDAQ NDAQ
$107.12 +0.29 (+0.27%)
At close: Nov 6, 2026 · 4:00 PM EST

Nasdaq (NDAQ) Ending Cash Balance (2013 - 2026)

Updated

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.

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

Historic Data

Download Data
DateValue
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_KEY