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Nasdaq (NDAQ) Free Cash Flow (2016 - 2025)

Nasdaq's Free Cash Flow history spans 17 years, with the latest figure at $536.0 million for Q4 2025.

  • For Q4 2025, Free Cash Flow fell 16.9% year-over-year to $536.0 million; the TTM value through Dec 2025 reached $2.0 billion, up 14.84%, while the annual FY2025 figure was $2.0 billion, 14.84% up from the prior year.
  • Free Cash Flow for Q4 2025 was $536.0 million at Nasdaq, up from $152.0 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $687.0 million in Q2 2025 and bottomed at $34.0 million in Q2 2021.
  • The 5-year median for Free Cash Flow is $375.0 million (2023), against an average of $386.6 million.
  • The largest annual shift saw Free Cash Flow plummeted 91.48% in 2021 before it soared 879.41% in 2022.
  • A 5-year view of Free Cash Flow shows it stood at $334.0 million in 2021, then skyrocketed by 37.72% to $460.0 million in 2022, then decreased by 18.48% to $375.0 million in 2023, then soared by 72.0% to $645.0 million in 2024, then fell by 16.9% to $536.0 million in 2025.
  • Per Business Quant, the three most recent readings for NDAQ's Free Cash Flow are $536.0 million (Q4 2025), $152.0 million (Q3 2025), and $687.0 million (Q2 2025).