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
DateValue
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