KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) Equity Average (2010 - 2026)

Nasdaq recorded quarterly Equity Average of $12.1 billion in Q1 2026, little changed quarter-over-quarter from $12.1 billion in Q4 2025, and up 122.45% year-over-year from $5.5 billion in Q1 2025.

Nasdaq's Equity Average history runs 17 years deep, the most recent figure standing at $12.1 billion for Q1 2026.

  • In Q1 2026, Equity Average rose 122.45% year-over-year to $12.1 billion; the TTM figure through Mar 2026 stood at $12.1 billion (up 122.45% YoY), while the FY2025 annual figure was $5.8 billion, up 13.8% from the prior year.
  • Equity Average came in at $12.1 billion for Q1 2026 at Nasdaq, roughly flat from $12.1 billion in the prior quarter.
  • In the past five years, Equity Average ranged from a high of $12.1 billion in Q1 2026 to a low of -$1.0 billion in Q2 2024.
  • A 5-year average of $4.2 billion and a median of $4.5 billion in 2024 frame the typical range for Equity Average.
  • On a YoY basis, Equity Average climbed as much as 7500.0% in 2023 and fell as far as 364.02% in 2023.
  • Nasdaq's Equity Average stood at $1.9 billion in 2022, then surged by 344.54% to $8.7 billion in 2023, then slumped by 39.71% to $5.2 billion in 2024, then jumped by 132.53% to $12.1 billion in 2025, then gained by 0.01% to $12.1 billion in 2026.
  • According to Business Quant data, Equity Average over the past three periods registered $12.1 billion, $12.1 billion, and $5.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 31.20 Bn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 27.67 Bn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 29.22 Bn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 3.67 Bn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 12.13 Bn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 14.14 Bn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn -2.71 Bn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 5.26 Bn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 4.65 Bn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 2.15 Bn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 12.13 Bn
Dec 31, 2025 12.13 Bn
Sep 30, 2025 5.66 Bn
Jun 30, 2025 5.42 Bn
Mar 31, 2025 5.45 Bn
Dec 31, 2024 5.22 Bn
Sep 30, 2024 4.54 Bn
Jun 30, 2024 -1.00 Bn
Mar 31, 2024 5.42 Bn
Dec 31, 2023 8.65 Bn
Sep 30, 2023 3.92 Bn
Jun 30, 2023 684.00 Mn
Mar 31, 2023 -993.00 Mn
Dec 31, 2022 1.95 Bn
Sep 30, 2022 2.95 Bn
Jun 30, 2022 9.00 Mn
Mar 31, 2022 -214.00 Mn
Dec 31, 2021 2.96 Bn
Sep 30, 2021 6.23 Bn
Jun 30, 2021 4.25 Bn
Mar 31, 2021 518.50 Mn
Dec 31, 2020 2.32 Bn
Sep 30, 2020 2.15 Bn
Jun 30, 2020 -1.81 Bn
Mar 31, 2020 -1.12 Bn
Dec 31, 2019 2.50 Bn
Sep 30, 2019 5.08 Bn
Jun 30, 2019 1.59 Bn
Mar 31, 2019 1.46 Bn
Dec 31, 2018 5.08 Bn
Sep 30, 2018 2.80 Bn
Jun 30, 2018 -143.50 Mn
Mar 31, 2018 1.84 Bn
Dec 31, 2017 4.85 Bn
Sep 30, 2017 5.66 Bn
Jun 30, 2017 5.46 Bn
Mar 31, 2017 4.23 Bn
Dec 31, 2016 4.43 Bn
Sep 30, 2016 5.74 Bn
Jun 30, 2016 5.71 Bn
Mar 31, 2016 5.65 Bn
Dec 31, 2015 5.58 Bn
Sep 30, 2015 5.63 Bn
Jun 30, 2015 5.63 Bn
Mar 31, 2015 5.67 Bn
Dec 31, 2014 5.96 Bn
Sep 30, 2014 6.16 Bn
Jun 30, 2014 6.22 Bn
Mar 31, 2014 6.21 Bn
Dec 31, 2013 6.12 Bn
Sep 30, 2013 5.96 Bn
Jun 30, 2013 5.53 Bn
Mar 31, 2013 5.20 Bn
Dec 31, 2012 5.17 Bn
Sep 30, 2012 5.05 Bn
Jun 30, 2012 5.06 Bn
Mar 31, 2012 5.07 Bn
Dec 31, 2011 4.99 Bn
Sep 30, 2011 5.07 Bn
Jun 30, 2011 5.09 Bn
Mar 31, 2011 4.88 Bn
Dec 31, 2010 4.90 Bn
Sep 30, 2010 4.88 Bn