Nasdaq (NDAQ) Exchange Rate Effect (2009 - 2026)
Nasdaq (NDAQ) posted quarterly Exchange Rate Effect of -$18.0 million for Q2 2026, down 107.35% year-on-year from $245.0 million in Q2 2025, and up 64.0% on a QoQ basis from -$50.0 million in Q1 2026.
Nasdaq (NDAQ) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Nasdaq (NDAQ) has reported Exchange Rate Effect for 18 consecutive years, with -$18.0 million the latest figure, recorded 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 advanced to -$18.0 million in Q2 2026 per NDAQ's latest filing, from -$50.0 million in the prior quarter.
- Over the last five years, Exchange Rate Effect for NDAQ reached as high as $502.0 million in Q4 2023 and fell as low as -$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.
- Annual changes were most pronounced in 2022 — Exchange Rate Effect sank 1235.9% — and 2025, when it jumped 690.32%.
- Year by year, Exchange Rate Effect stood at $431.0 million in 2022, then climbed by 16.47% to $502.0 million in 2023, then tumbled by 192.03% to -$462.0 million in 2024, then soared by 115.8% to $73.0 million in 2025, then tumbled 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn | -26.00 Mn |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn | - |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn | 17.00 Mn |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - | -8.00 Mn |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn | -18.00 Mn |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn | -38.17 Mn |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn | 1.20 Mn |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn | -58.10 Mn |
| 10 | TransUnion | 14.77 Bn | 14.04 Bn | 726.20 Mn | -19.50 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 |