Nasdaq (NDAQ) Enterprise Value (2009 - 2026)
Nasdaq recorded quarterly Enterprise Value of -$678.0 million in Q1 2026, down 204.04% quarter-over-quarter from -$223.0 million in Q4 2025, and down 247.69% year-over-year from $459.1 million in Q1 2025.
Nasdaq's Enterprise Value history runs 18 years deep, the most recent figure standing at -$678.0 million for Q1 2026.
- In Q1 2026, Enterprise Value fell 247.69% year-over-year to -$678.0 million; the TTM figure through Mar 2026 stood at -$678.0 million (down 247.69% YoY), while the FY2025 annual figure was -$223.0 million, up 70.42% from the prior year.
- Enterprise Value came in at -$678.0 million for Q1 2026 at Nasdaq, down from -$223.0 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$160.0 million in Q3 2022 to a low of -$798.0 million in Q2 2025.
- A 5-year average of -$408.1 million and a median of -$263.0 million in 2025 frame the typical range for Enterprise Value.
- On a YoY basis, Enterprise Value climbed as much as 81.09% in 2022 and fell as far as 259.12% in 2022.
- Nasdaq's Enterprise Value stood at -$650.0 million in 2022, then increased by 6.15% to -$610.0 million in 2023, then decreased by 23.61% to -$754.0 million in 2024, then soared by 70.42% to -$223.0 million in 2025, then sank by 204.04% to -$678.0 million in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered -$678.0 million, -$223.0 million, and -$263.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 3.11 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | -2.52 Bn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | -1.46 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | -1.36 Bn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | -678.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -527.79 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -385.30 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | -2.17 Bn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | -571.40 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | -285.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -678.00 Mn |
| Dec 31, 2025 | -223.00 Mn |
| Sep 30, 2025 | -263.00 Mn |
| Jun 30, 2025 | -798.00 Mn |
| Mar 31, 2025 | -195.00 Mn |
| Dec 31, 2024 | -754.00 Mn |
| Sep 30, 2024 | -225.00 Mn |
| Jun 30, 2024 | -573.00 Mn |
| Mar 31, 2024 | -538.00 Mn |
| Dec 31, 2023 | -610.00 Mn |
| Sep 30, 2023 | -163.00 Mn |
| Jun 30, 2023 | -167.00 Mn |
| Mar 31, 2023 | -171.00 Mn |
| Dec 31, 2022 | -650.00 Mn |
| Sep 30, 2022 | -160.00 Mn |
| Jun 30, 2022 | -592.00 Mn |
| Mar 31, 2022 | -177.00 Mn |
| Dec 31, 2021 | -181.00 Mn |
| Sep 30, 2021 | -185.00 Mn |
| Jun 30, 2021 | -196.00 Mn |
| Mar 31, 2021 | -936.00 Mn |
| Dec 31, 2020 | -209.00 Mn |
| Sep 30, 2020 | -738.00 Mn |
| Jun 30, 2020 | -738.00 Mn |
| Mar 31, 2020 | -1.04 Bn |
| Dec 31, 2019 | -501.00 Mn |
| Sep 30, 2019 | -333.00 Mn |
| Jun 30, 2019 | -30.00 Mn |
| Mar 31, 2019 | -220.00 Mn |
| Dec 31, 2018 | -586.00 Mn |
| Sep 30, 2018 | -376.00 Mn |
| Jun 30, 2018 | -356.00 Mn |
| Mar 31, 2018 | -248.00 Mn |
| Dec 31, 2017 | -399.00 Mn |
| Sep 30, 2017 | -842.00 Mn |
| Jun 30, 2017 | -608.00 Mn |
| Mar 31, 2017 | -298.00 Mn |
| Dec 31, 2016 | -663.00 Mn |
| Sep 30, 2016 | -495.00 Mn |
| Jun 30, 2016 | -599.00 Mn |
| Mar 31, 2016 | -280.00 Mn |
| Dec 31, 2015 | -558.00 Mn |
| Sep 30, 2015 | -483.00 Mn |
| Jun 30, 2015 | -588.00 Mn |
| Mar 31, 2015 | -521.00 Mn |
| Dec 31, 2014 | -600.00 Mn |
| Sep 30, 2014 | -454.00 Mn |
| Jun 30, 2014 | -515.00 Mn |
| Mar 31, 2014 | -580.00 Mn |
| Dec 31, 2013 | -587.00 Mn |
| Sep 30, 2013 | -489.00 Mn |
| Jun 30, 2013 | -548.00 Mn |
| Mar 31, 2013 | -806.00 Mn |
| Dec 31, 2012 | -719.00 Mn |
| Sep 30, 2012 | -594.00 Mn |
| Jun 30, 2012 | -678.00 Mn |
| Mar 31, 2012 | -731.00 Mn |
| Dec 31, 2011 | -775.00 Mn |
| Sep 30, 2011 | -828.00 Mn |
| Jun 30, 2011 | -888.00 Mn |
| Mar 31, 2011 | -711.00 Mn |
| Dec 31, 2010 | -557.00 Mn |
| Sep 30, 2010 | -668.00 Mn |
| Jun 30, 2010 | -826.00 Mn |
| Mar 31, 2010 | -535.00 Mn |
| Dec 31, 2009 | -887.00 Mn |
| Sep 30, 2009 | -311.00 Mn |
| Jun 30, 2009 | -419.00 Mn |