Nasdaq (NDAQ) Exchange Rate Effect (2009 - 2026)
Nasdaq (NDAQ) posted Exchange Rate Effect of -$18.0 million for Q2 2026, up 64.0% sequentially from -$50.0 million in Q1 2026, and down 107.35% YoY from $245.0 million in Q2 2025.
Nasdaq (NDAQ) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Nasdaq has reported Exchange Rate Effect for 18 years, with the latest figure at -$18.0 million in Q2 2026.
- Quarterly Exchange Rate Effect fell 107.35% year-over-year to -$18.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $10.0 million (down 97.44% YoY) and the FY2025 annual result came in at $726.0 million, up 235.2% from the prior year.
- Exchange Rate Effect improved to -$18.0 million in Q2 2026 per NDAQ's latest filing, from -$50.0 million in the prior quarter.
- Over five years, Exchange Rate Effect peaked at $502.0 million in Q4 2023 and troughed at -$1.0 billion in Q3 2022.
- A 5-year average of -$53.9 million and a median of -$6.5 million in 2025 frame the typical range for Exchange Rate Effect.
- The sharpest annual moves came in 2022 and 2025: Exchange Rate Effect sank 1235.9% in 2022, then surged 690.32% in 2025.
- Over 5 years, Exchange Rate Effect stood at $431.0 million in 2022, then rose by 16.47% to $502.0 million in 2023, then slumped by 192.03% to -$462.0 million in 2024, then soared by 115.8% to $73.0 million in 2025, then slumped by 124.66% to -$18.0 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered -$18.0 million, -$50.0 million, and $73.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.47 Bn | 123.33 Bn | 2.98 Bn | -14.00 Mn |
| 2 | Cme | 99.18 Bn | 99.18 Bn | 1.65 Bn | - |
| 3 | Intercontinental Exchange | 91.23 Bn | 89.28 Bn | - | -4.00 Mn |
| 4 | Moodys | 87.82 Bn | 86.33 Bn | 1.67 Bn | 17.00 Mn |
| 5 | Nasdaq | 55.58 Bn | 54.86 Bn | 1.50 Bn | -18.00 Mn |
| 6 | Coinbase Global | 49.22 Bn | 40.43 Bn | 1.16 Bn | -9.09 Mn |
| 7 | Msci | 41.22 Bn | 40.86 Bn | 717.10 Mn | 1.20 Mn |
| 8 | Cboe Global Markets | 31.60 Bn | 29.21 Bn | 731.60 Mn | 32.20 Mn |
| 9 | TransUnion | 16.43 Bn | 15.59 Bn | 765.00 Mn | 7.20 Mn |
| 10 | Factset Research Systems | 10.81 Bn | 10.51 Bn | 310.73 Mn | -2.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -18.00 Mn |
| Jun 30, 2026 | -18.00 Mn |
| Mar 31, 2026 | -50.00 Mn |
| Mar 31, 2026 | -50.00 Mn |
| Dec 31, 2025 | 73.00 Mn |
| Dec 31, 2025 | 73.00 Mn |
| Sep 30, 2025 | 5.00 Mn |
| Sep 30, 2025 | 5.00 Mn |
| Jun 30, 2025 | 245.00 Mn |
| Jun 30, 2025 | 245.00 Mn |
| Mar 31, 2025 | 403.00 Mn |
| Mar 31, 2025 | 403.00 Mn |
| Dec 31, 2024 | -462.00 Mn |
| Dec 31, 2024 | -462.00 Mn |
| Sep 30, 2024 | 205.00 Mn |
| Sep 30, 2024 | 205.00 Mn |
| Jun 30, 2024 | 31.00 Mn |
| Jun 30, 2024 | 31.00 Mn |
| Mar 31, 2024 | -311.00 Mn |
| Mar 31, 2024 | -311.00 Mn |