Nasdaq (NDAQ) Exchange Rate Effect (2009 - 2026)
Nasdaq's (NDAQ) quarterly Exchange Rate Effect came in at -$50.0 million in Q1 2026, down 112.41% year-on-year from $403.0 million in Q1 2025, and down 168.49% quarter-over-quarter from $73.0 million in Q4 2025.
Nasdaq (NDAQ) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Nasdaq has disclosed Exchange Rate Effect across 18 years of filings, most recently posting -$50.0 million for Q1 2026.
- Exchange Rate Effect for Q1 2026 came in at -$50.0 million, down 112.41% year-over-year; the trailing twelve-month figure through Mar 2026 was $273.0 million (up 54.24% YoY), and the FY2025 annual result was $726.0 million, up 235.2% from the prior year.
- Exchange Rate Effect came in at -$50.0 million for Q1 2026 at Nasdaq, down from $73.0 million in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $502.0 million in Q4 2023 to a low of -$1.0 billion in Q3 2022.
- The 5-year median for Exchange Rate Effect is $5.0 million (2025), against an average of -$56.0 million.
- Across the five-year window, Exchange Rate Effect sank 1235.9% in 2022 and soared 690.32% in 2025, its largest moves.
- Nasdaq's Exchange Rate Effect stood at $431.0 million in 2022, then grew by 16.47% to $502.0 million in 2023, then slumped by 192.03% to -$462.0 million in 2024, then jumped by 115.8% to $73.0 million in 2025, then sank by 168.49% to -$50.0 million in 2026.
- The last three Exchange Rate Effect figures came in at -$50.0 million (Q1 2026), $73.0 million (Q4 2025), and $5.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | -26.00 Mn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | - |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | -44.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | -8.00 Mn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | -50.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -38.17 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | -1.80 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | -58.10 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | -19.50 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 3.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 502.00 Mn |
| Dec 31, 2023 | 502.00 Mn |